WASHINGTON – The U.S. Marshals Service is holding another online auction for several remaining items belonging to Rita Crundwell. The auction, at Professional Auction Services, starts Sunday and runs through Wednesday.
Items for sale include a boulder with engraved initials “RC,” a hand-crafted, limited-edition (4 of 12 made) decorative leather saddle and accessories in a display case with podium, and signs and calendars featuring Crundwell’s initials and her now-defunct quarter horse operation.
“The U.S. Marshals Service partnered with the city of Dixon to remove signage depicting symbols of RC Quarter Horses, LLC, from buildings at the Red Brick Road ranch in Dixon, Ill.,” said Chief Inspector Jason Wojdylo with the Marshals Service’s Asset Forfeiture Division. “This is another visible step in the continued dismantling of Crundwell’s equine empire.”
One item for sale is a John Ivy custom leather limited edition (4 of 12) (pictured right) 1/2 scale decorative saddle and accessories. Hand-crafted by craftsman John Ivy of Osasso, OK in premium leather. Silver accessories by Benny Poulian. Saddle includes: leather and hide-wrapped podium, matching mount in Plexiglas display, silver bit, silver spurs, and raw hide reins. Plexiglas display case size is 24in. H x 16in. L x 12in. W. Display case on podium stands approximately 66in. H.Saddle and Stand are packed, boxed, and ready to ship. Pickup location is Tampa, Florida.
Click here to view the items for sale.
Crundwell, 59, was one of the leading breeders of quarter horses in the U.S. Formerly the comptroller of Dixon, Crundwell pleaded guilty to a federal fraud charge in U.S. District Court in Northern Illinois Nov. 14. Crundwell agreed she owes restitution to the city of Dixon totaling $53,740,394. Since she was arrested on April 17, Crundwell has agreed to the liquidation of assets she acquired with proceeds from her decades-long fraud scheme. To date, the U.S. Marshals Service has recovered approximately $7.9 million from the online and live auctions of approximately 400 quarter horses, vehicles, trailers, tack, a luxury motor home and personal belongings from her homes in Dixon, Ill., and Englewood, Fla. The net proceeds from the forfeited property will be held in escrow pending further proceedings on restitution to the victim of the offense. For information on the federal case, click here.
