Almost makes Greenwich town executives look like professionals

Time to blow this clambake, Trigger

Horse auction coming up to sell off 400 quarter horses amassed by (former) comptroller of Dixon, Illinois, who embezzled $53 million dollars between 1990 and this year.

DIXON, Ill.—The show-horse set will descend on this small city this month to bid on the crown jewel of what federal authorities allege to be a massive fraud: Hundreds of top-ranked quarter horses amassed by the former city comptroller accused of stealing tens of millions of dollars from public coffers.

Rita Crundwell, 59 years old, was arrested by federal authorities in April and accused of stealing more than $53 million from this city of 15,700 whose finances she ran since the 1980s.

A town of 15,000 fails to notice the disappearance of $53 million dollars? Proportionately, that’s the equivalent of a theft of $212 million from a town Greenwich’s size – I think we’d notice that, especially if our comptroller owned a horse ranch, a fleet of luxury cars and a $2 million motor home.

The real scandal here is this: how big a budget does this tiny town have that $2.4 million can go astray each year?

5 Comments

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5 responses to “Almost makes Greenwich town executives look like professionals

  1. Anon

    I can’t access the whole WSJ article as a non-subscriber so I don’t know if this question is answered within: Did no one in her immediate family ask how she could afford this lifestyle!

  2. Anon

    probably more likely: I won’t tell if you give me a new car and a new pony! Hush money is a good thing.

  3. AJ

    To read the whole article, click the link and it will take you to the website that has the teaser part of the article which you will be allowed to see. Next, copy the headline from the article, in this case, Fraud Case Spurs Show-Horse Sale. Take your copied headline and paste it in the google search box, hit search, the link to the full article will come up on google, click on it, and voilà you will have full access to said article for free. Or just copy this: Fraud Case Spurs Show-Horse Sale Now paste it in your Google search box and press enter.

    • In fact, AJ, usually just a portion of the headline, plugged into news.Google.com will retrieve the article. I just tried it using “show-horse auction” and came up with this. I’m pretty sure this version is not locked away behind the cash bar, but I subscribe to the Journal anyway, so there’s no easy way to tell.