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Judge Orders Crundwell Retirement Funds Be Sent to Government

By Matt Mencarini for SaukValley.com

DIXON – Wednesday afternoon, a federal judge ordered about $90,000 in retirement fund reimbursements owed to former Comptroller Rita Crundwell be turned over to the government.
Crundwell had contested the inclusion of those funds toward the nearly $54 million restitution she was ordered to pay after she pleaded guilty to wire fraud in November 2012.
U.S. District Court Judge Philip Reinhard had listened to in-court arguments by the federal government as well as Crundwell’s attorney, Ruth Robinson, and reviewed motions filed by the two parties.
The total money is split between two funds. A fund through the Illinois Municipal Retirement Fund consists of $73,104.50. A fund through Nationwide Retirement Solutions has $17,461.36.

Unless taxes need to be withheld, the two companies will send a combined $90,565.86 to the Clerk of the United States District Court, Northern District of Illinois. The money then will be sent to the city and applied toward the restitution.
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