Washington – The U.S. Marshals Service
transferred $9.2 million to the U.S. District Court in the Northern District
of Illinois Dec. 13. The funds will be applied to the restitution ordered by
the court to be paid to the city of Dixon in the Rita Crundwell fraud case.
The funds represent net proceeds recovered from the federal seizure and
forfeiture of Crundwell’s assets, which included bank accounts, five real
properties, a luxury motorhome, more than 400 quarter horses, a jewelry
collection and many other personal assets that were part of her lavish
lifestyle. Total proceeds recovered were more than $12 million, and the
Marshals incurred expenses of approximately $1.8 million to seize, manage
and sell the more than 500 assets that spanned 17 federal judicial districts
in 13 different states.
The clerk of court will issue the restitution payment to the city of Dixon.
Crundwell, 60, was one of the leading breeders of quarter horses in the U.S.
She pleaded guilty to a federal fraud charge in 2012 and was sentenced in
February to nearly 20 years in prison. She is serving her sentence at
Federal Correctional Institution Waseca in Minnesota with a scheduled
release date in 2030.
Final figures related to assets seized from Crundwell are as follows:
$12,216,447.05 – Total income
$ 1,169,115.80 – Total court-ordered claims
$ 1,832,682.34 – Total expenses
$ 9,214,648.91 – Net proceeds
More information on the Crundwell fraud case:
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.
information about the U.S. Marshals Service can be found at
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