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For Immediate Release

Contact:
November 28, 2012 Lynzey Donahue (202) 307-9075
U.S. Marshals to Sell Rita Crundwell’s Real Property

WASHINGTON – The U.S. Marshals Service is offering for sale three of five parcels of real property in the matter of United States of America v. Rita A. Crundwell. The Marshals have received unsolicited offers for three of the properties and are accepting competing offers until noon CST Dec. 21. Public inspections of the three properties will be held from 10 a.m. to 1 p.m. Dec. 7, 8 and 14.

The property addresses and offers received are as follows:

  • Parcel A: 1403 Dutch Road, Dixon, Ill. (43 acres, including a single-family residence) –
    Parcel number 18-08-20-400-005 – $450,000 offer
  • Parcel B: 1556 Red Brick Road, Dixon, Ill. (87.82 acres, including two farm buildings) –
    Parcel number 18-08-13-100-006 – $700,000 offer
  • Parcel C: +/- 81 acres of real property commonly known as farm land in Lee County, Ill. –
    Parcel number 14-09-07-100-014 – $540,000 offer

Detailed information on the properties, procedures and terms and conditions are available at www.usmarshals.gov/assets/sales/crundwellrealproperties.htm.

A sales plan on Crundwell’s two additional real estate holdings in Dixon and Englewood, Fla., both residential properties, is pending.

farm building at 1556 Red Brick Road farm building at 1556 Red Brick Road

The two farm buildings at 1556 Red Brick Road (parcel B). Photos by Shane T. McCoy/U.S. Marshals. (High-res photos available from www.flickr.com/photos/usmarshals, click on “USMS Rita Crundwell Auction” set.)

Crundwell, 59, was one of the leading breeders of quarter horses in the U.S. Formerly the comptroller of Dixon, Crundwell pleaded guilty to a federal fraud charge in U.S. District Court in Northern Illinois Nov. 14. Crundwell agreed that she owes restitution to the city of Dixon totaling $53,740,394. Since she was arrested on April 17, Crundwell has agreed to the liquidation of assets that she had acquired with proceeds from her decades-long fraud scheme. To date, the U.S. Marshals Service has recovered approximately $7.4 million from the online and live auctions of approximately 400 quarter horses, vehicles, trailers, tack and a luxury motor home. The net proceeds from the forfeited property will be held in escrow pending further proceedings on restitution to the victim of the offense.

For information on the federal case, go to
http://www.justice.gov/usao/iln/pr/chicago/2012/pr1114_01.pdf 

Additional information about the U.S. Marshals Service can be found at http://www.usmarshals.gov.

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