Indictment reveals Dixon Comptroller stole more than originally thought

By WEEK Producer

May 1, 2012 Updated May 1, 2012 at 10:53 PM CDT

DIXON, Ill -- In an indictment Tuesday, federal prosecutors reveal the former Dixon comptroller stole even more than first thought.

The indictment accuses Rita Crundwell of stealing more than $53,000,000 dollars from the city since 1990.

Prosecutors had previously accused Crundwell of misappropriating more than $30,000,000 since 2006.

Crundwell is accused of using the money to finance a lavish lifestyle and her champion horse-breeding business.

Prosecutors also filed a civil lawsuit today alleging more than 300 horses, owned by Crundwell, are subject to forfeiture because she purchased or maintained them with money stolen from the city.

In addition, the indictment seeks criminal forfeiture of two homes and the horse farm in Dixon, a home in Englewood, Florida and numerous cars, boats and other assets.

The former comptroller will be arraigned May 7th in U.S. District Court.