Embezzling $53 MILLION: How Rita Crundwell Operated the Largest Municipal Fraud in American History

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  • robert winton
    robert winton  3 hours back

    So ... If the city didn't need or miss the 53 million then why collect the taxes?

    • Anti-theist
      Anti-theist  4 hours back

      Well there should have been staff from the bank and accounting firm for crap work. It smells as if one of her professional friends had some collusion in for some favours.

      • 33tyouhk
        33tyouhk  8 hours back

        Check what ooobbbaaammmaaa did in this state

        • Markus Patients
          Markus Patients  11 hours back

          Kwame Kilpatrick was given 28 years in federal prison and all he did was take a bribe. This white woman took 53 million of other peoples money and got just 19 years.. Had she'd been Black she would have gotten 60 years.

          • Johan Smith
            Johan Smith  22 hours back

            Maybe she was working with the South African government? Small amount like this will hardly be noticed here.

            • Corey Chambers
              Corey Chambers  22 hours back

              ALL THE QUEEN'S HORSES Rita Crundwell documentary is currently free for Prime members on Amazon Prime Video https://www.amazon.com/gp/video/detail/B07BPR2Y2C/ref=atv_dl_rdr?autoplay=1

              • Oneponycar
                Oneponycar  23 hours back

                A little research would have shown that. But we ignore what we want to see.

                • Corey Chambers
                  Corey Chambers  23 hours back

                  Devon Bruce does an awesome job of detailing how Rita Crundwell City of Dixon fraud occurred, and how to prevent future frauds.

                  • Dedra Kuhn
                    Dedra Kuhn  24 hours back

                    Joe Biden lost over 30 BILLION! Obama put him in control of 30 billion & Biden doesn't know where it went

                    • Julio Blanco
                      Julio Blanco  1 days back

                      You would like to think the largest muni embezzlement would be based on a brilliant person executing an elegant plan, nope, just a greedy moron surrounded by even bigger morons.

                      • Julio Blanco
                        Julio Blanco  1 days back

                        This isn’t a story about embezzlement, it’s a story about unbelievably inept accountants.

                        • Tony Winstead
                          Tony Winstead  1 days back

                          Can you work on the Clinton foundation next please :)

                          • Allenwrench
                            Allenwrench  2 days back

                            hahahahaha........they only 'recovered' $40 million - over that time she should have easily tripled or quadrupled her 'investment' in either real estate or the stock market so horses are obviously a very bad investment and she's no business women. So she had a big ranch and 400 horses and nobody thought that she couldn't do that on her inflated salary of $80,000. $80,000 per year in the sticks.........that's like making $200,000 a year in a meaningless government job in San Diego btw - the taxpayers there are fools......

                            • Mike
                              Mike  2 days back

                              Liberal criminals gettin it done

                              • ron whittaker
                                ron whittaker  2 days back

                                how many idoc inmates where exploited in this scam i doubt the number was zero

                                • Jeff Smith
                                  Jeff Smith  3 days back

                                  To save someone time searching for her sentence...she got 19 years and 7 months in a Federal pen. There's no parole for Federal prisoners, but she has to serve at least 85% of her sentence, which means that she'll be 77 years old at the earliest time she could be released. She also lost everything she owned to forfeiture. I bet she thought she was soooo clever. What a way to spend ones' "Golden Years", lol.

                                  • Baba Booey
                                    Baba Booey  3 days back

                                    Could she maybe just have taken 5.3 million? Might have gotten away with it....;-0

                                    • Yes Ready
                                      Yes Ready  3 days back

                                      30:32 "The bank made mistakes and allowed this tragedy to continue". Nonsense, this was no mistake. The bank is fully culpable and actively participated in this crime.

                                      • Shoshana
                                        Shoshana  4 days back

                                        And all this with a part-time job... Imagine she'd have worked 8 hours a day every day.

                                        • Sheri JK
                                          Sheri JK  4 days back

                                          I used to work for DSHS and staff used to steal cash child support payments.

                                          • cnccarving
                                            cnccarving  4 days back

                                            those who question where are the baltimore billions, this video can give some hint

                                            • Ferrexx
                                              Ferrexx  4 days back

                                              u cant make this shit up.. "*one of the city commissioners praised her stewardship of city finances, saying "she looks after every tax dollar as if it were her own.*

                                              • Shin Bi
                                                Shin Bi  4 days back

                                                a salary of 80k plus benefits? That's 40k too much for a city that small or any city.

                                                • Jerry Pelletier
                                                  Jerry Pelletier  4 days back

                                                  There are much larger frauds and stealing going on in this country, They just haven't gotten caught yet and some never will because of the people involved.

                                                  • Jerry Pelletier
                                                    Jerry Pelletier  4 days back

                                                    $80,000.00 a year and she still felt the need to steal money.....Unreal, let me guess...She's a democrat!!

                                                    • A M
                                                      A M  4 days back

                                                      So...all in all, out of the $53.7M supposedly embezzled, the gov managed to claw back about $40+12M about...so a rough net loss of $1.7M. What have we learned? That essentially, the attorney and his firm doing the presentation likely fucked the City of Dixon out of more money in a few months to tell them how she robbed them for 22 years than the actual lady robbing them blind, hand over fist, for 22 years, lmao. (Jk...sort of, though I might add that it sure isn't Illinois unless someone's getting screwed and either way, it's gonna always include the taxpayer, bwah ha ha.)

                                                      • Frank Blackcrow
                                                        Frank Blackcrow  4 days back

                                                        When it's done by a worker they call it theft, when done by the boss they call it profit.

                                                        • pavanatanaya
                                                          pavanatanaya  4 days back

                                                          "Tragedy"? Hardly. It's embezzlement.

                                                          • Dexter Haven
                                                            Dexter Haven  5 days back

                                                            She is smart enough and cunning enough to have stashed a few million offshore. With good behavior, she'll serve only a few years. Who wants to bet she won't turn up on a horse farm in Bolivia with plenty of years left in her life?

                                                            • Super Trucker!
                                                              Super Trucker!  5 days back

                                                              I just moved out of Illinois last week. The whole state is a scam! Just waiting for my house to sell

                                                              • nobody d
                                                                nobody d  5 days back

                                                                Just try to imagine how we are being scammed by all out politicians
                                                                The real reason she was caught is because she did not pay the right amount of tribute to her over bosses. You don't scam the scammers.

                                                                • OffRoad
                                                                  OffRoad  5 days back

                                                                  I think I saw this story on the show "American Greed"

                                                                  • Jack Again
                                                                    Jack Again  5 days back

                                                                    This is why I insisted on two signature lines on the checks for our church.

                                                                    • Mando DeLeon
                                                                      Mando DeLeon  5 days back

                                                                      It’s so funny that it went on and undetected for 22 years

                                                                      • Edward Chubbick
                                                                        Edward Chubbick  5 days back

                                                                        She should of stopped long ago she might of got away with it. That’s a true example of greed or idk she might of said I’ll just do it this one time and then says it again and again until she’s over head and in to deep . Can’t stop now haha busted

                                                                        • dominic bender
                                                                          dominic bender  5 days back

                                                                          How much prison time did she get?

                                                                          • stranger7138
                                                                            stranger7138  6 days back

                                                                            If she was taking money from "The City of Dixon" account she set up, how did no one at the bank know she was using money for jewelry, etc. from the "city" account. Seem's to me someone would notice this, and say, that's not city "material" so to speak. I don't know. Just seems someone would notice. Unless I missed something in his speech.

                                                                            • zebratangozebra
                                                                              zebratangozebra  6 days back

                                                                              Seems when people are caught embezzling they never do much time

                                                                              • David Craig
                                                                                David Craig  6 days back

                                                                                She should have been hung.

                                                                                • Perry Crozier
                                                                                  Perry Crozier  6 days back

                                                                                  In Chicago, this is pocket change. The difference is she got caught.

                                                                                  • Kent Holdett
                                                                                    Kent Holdett  6 days back

                                                                                    $53,000,000 = about $210,000/mo. From a tax base of only 16,000 residents?
                                                                                    Tax and spend....

                                                                                    • Maria Laurel
                                                                                      Maria Laurel  6 days back

                                                                                      Oh really, the largest fraud in American history? How about the trillions of dollars missing from the Pentagon right before 911? 911 was a cover up for the stolen money. Investigate that Devon Bruce.

                                                                                      • yetijoeyetijoe
                                                                                        yetijoeyetijoe  6 days back

                                                                                        I am going to hire this guy for my next employer performance review. He can explain the great job that I did better than I can.

                                                                                        • Maria Laurel
                                                                                          Maria Laurel  6 days back

                                                                                          How much has DC stolen from the US citizens since income tax was started? Investigate that...This women is a little fish, go after the big ones....

                                                                                          • {// WTF! //}
                                                                                            {// WTF! //}  6 days back

                                                                                            Illinois motto: "Land of rust, taxes, assholes and the best politicians money can buy"

                                                                                            • Terrell Partlow
                                                                                              Terrell Partlow  6 days back

                                                                                              Do someone knows if JLP did a segment on this topic?

                                                                                              • Unenthusiastic Person
                                                                                                Unenthusiastic Person  6 days back

                                                                                                Let me guess she was manipulated by some “EVIL” man. No woman does anything wrong there’s always some evil man forcing them to do evil things.

                                                                                                • Slobodan Mihic
                                                                                                  Slobodan Mihic  6 days back

                                                                                                  Must be a democrat