Ex-CFO of Illinois city pleads not guilty to taking $53M - WXOW News 19 La Crosse, WI – News, Weather and Sports |

Ex-CFO of Illinois city pleads not guilty to taking $53M

ROCKFORD, Ill. (AP) -- A woman has pleaded not guilty to charges that allege she stole more than $53 million from the Illinois community whose finances she oversaw for decades.

Former Dixon financial officer Rita Crundwell pleaded not guilty to wire fraud in a Rockford courtroom on Monday. She will be represented by public defenders.

Prosecutors contend that Crundwell had been transferring Dixon's money to a secret account since at 1990 and using the money to create one of the nation's leading horse-breeding operations and buy luxury homes, cars and jewelry.

Crundwell and attorney, Paul Gaziano, refused to comment on the case.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

Powered by WorldNow
All content © Copyright 2000 - 2013 WorldNow and WXOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Theresa Wopat at 507-895-9969. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.