News Banner


For Immediate Release

Contact:
March 21, 2013 Lynzey Donahue (202) 307-9075
U.S. Marshals Selling Rita Crundwell's Last Remaining Real Property

Washington – The U.S. Marshals Service has listed the last remaining real property owned by convicted former comptroller of Dixon, Ill., Rita Crundwell – her vacation home in Englewood, Fla.

The 2,304-square-foot property has three bedrooms, two baths and an elevator and is listed with a realty company for $254,900. The Marshals will pay a 5.49 percent commission (less than the customary six percent) upon sale of the property with the realty company. The listing is on the Web at http://tinyurl.com/crundwell-house.

Crundwell’s four other real properties, all in Illinois, sold for a total of $3.4 million via an unsolicited offer process. The Marshals have recouped approximately $9.5 million in net proceeds from the sale of Crundwell’s assets. Those proceeds are being held in escrow pending further court proceedings on restitution to the City of Dixon.

Home exterior, backyard, kitchen, bathroom

Pictures of the Crundwell Fla. property for sale

Crundwell, 60, was one of the leading breeders of quarter horses in the U.S. She pleaded guilty to a federal fraud charge in U.S. District Court in Northern Illinois Nov. 14 and was sentenced to nearly 20 years in prison Feb. 14.

For information on the federal case, go to
http://www.justice.gov/usao/iln/pr/rockford/2013/pr0214_01.html 

The U.S. Marshals Service is responsible for managing and selling seized and forfeited properties acquired by federal criminals through illegal activities. Proceeds generated from asset sales are used to compensate victims, supplement funding for law enforcement initiatives and support community programs. As part of the Department of Justice’s Asset Forfeiture Program, the Marshals currently manage more than 23,000 assets with a value of $2.4 billion.

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

####

America’s Oldest Federal Law Enforcement Agency