- Two residences and the horse farm in Dixon
- A home in Englewood, Fla.
- A $2.1 million luxury motor home
- More than a dozen trucks, trailers and other motorized farm vehicles
- A 2005 Ford Thunderbird convertible
- A 1967 Chevrolet Corvette roadster
- A pontoon boat
- Approximately $224,898 in cash from two bank accounts, and other assets allegedly purchased with fraud proceeds
A local newspaper editorial complains that U.S. Attorney Patrick Fitzgerald only indicted Crundwell on a single count of wire fraud, which pales in comparison to the charges Fitzgerald brought against former Illinois Gov. Rod Blagojevich, who wasn't accused of stealing a dime from taxpayers:
Why, then, was Crundwell indicted on only one count of federal wire fraud – the same charge that prosecutors announced on April 17, the day Crundwell was arrested?
Inquiring minds would like to know.
The wire fraud charge involves a mere $175,000 in city funds which, prosecutors say, Crundwell caused to be wired from a bank in Minnesota to a bank in Ohio.
The charge is serious. It carries a maximum penalty of 20 years in federal prison and a $250,000 fine.
In the face of the overwhelming evidence released by prosecutors, however, that single, solitary charge against Crundwell appears underwhelming by comparison.
We suspect the prosecution has a strategy in mind here. It would appear that additional charges could be filed at the drop of a hat.
But the situation still may not sit well with Dixon residents and others who know that Crundwell is free on her on recognizance, possibly because of the lack of additional charges against her.Some locals are blaming the failure to catch Crundwell until she had stolen so much money on the form of municipal government Dixon has. The city has a part-time mayor and commissioners who act both as administrators and legislators. Apparently, the commissioners, who are the equivalent of the councilors, divide up responsibility for managing the different city departments among themselves. Some are urging the city to adopt a city manager approach to running the city, while others think the mayor and the commissioners should accept the blame for allowing the massive embezzlement scheme to occur. The city must have been electing some pretty dim bulbs as mayor and commissioners over the past 20 years not to notice this much money missing from what should be a relatively small annual city budget of $9 million to manage. I'm not sure how they thought she was capable of building the largest horse breeding operation in the nation on her city comptroller's salary.