United States of America v. Rita A. Crundwell
Update on the auction/sale of forfeited personal property
Online auction results attached
Sealed bid for Crundwell trophy collection – closed to the receipt of bids November 30, 2015 at 12:00 noon CST
· Number of sealed bids received = 13
· Highest bid received = $5,560
· Dollar range of 13 bids = $123.45 – $5,560.00
· The successful bidder has agreed to the release of her name
Bridget Edgar; contact information: aqhatrophies@gmail.com
· Total sale proceeds for the Crundwell trophy and awards collection (sealed bid and online auction of belt buckles) = $20,014
Online auction 2 results (November 17 – December 1, 2015)
· 394 lots
· Total sale proceeds = $71,959
o Belt buckle collection total sales included in above dollar figure = $14,454 (one lot received no bids and will again be offered for sale during the upcoming third online auction)
· Highest sold item = lot number 5567, Game Ready Recovery System, $2,355
· Highest number of bids for a lot = lot number 5588, 5 Boxes – 88 Horse Blankets & Coolers $1,810 with 114 bids
· 3,645 bids placed by 303 different bidders
WASHINGTON – U.S. Marshals are auctioning approximately 150 belt buckles awarded in recognition of top finishes in horse shows and several hundred lots of other items that belonged to Rita Crundwell, the former comptroller of Dixon, Illinois, who was convicted of fraud in 2012 for stealing $53.7 million from the city over two decades.
The auction will take place online Nov. 17 through Dec. 1 at www.txauction.com. Aside from the belt buckles, other items of interest include more than 71 pieces of artwork, some depicting the convicted fraudster; decorative crystal pieces; her pink Cadillac bicycle; two large antique wooden wagon wheels; horse equipment; and various household items.
These personal assets had been moved by Crundwell to various locations prior to her conviction.
Crundwell, 62, was one of the leading breeders of quarter horses in the U.S. She was sentenced to more than 19 years in federal prison in 2013 and is serving her sentence at Waseca Federal Correctional Institute in Minnesota. To date, the U.S. Marshals have returned more than $9.5 million to the city of Dixon.
For more information on the case please click here.
