First of Crundwell’s quarter horses fetch $US1.64m
Baca Juga
The kickoff lxxx quarter horses belonging to alleged fraudster Rita Crundwell accept sold for $US1.64 million.
Prices for the horses ranged from $US1050 to $US226,000 inward the online auction. The exceed bid was attracted past times five-time basis champion I Execute Class. Pizzazzy Lady, also a five-time World Champion mare, fetched $US126,000. The gelding IE Copy, roughly other basis entitle winner, fetched $US101,000.
About 400 of Crundwell’s quarter horses volition ultimately endure sold past times auction.
Crundwell, 59, stands defendant of siphoning off to a greater extent than than $US53 1000000 from the coffers of Dixon, Illinois, over a 22-year menses acre she served equally the city’s fiscal controller.
Federal government allege Crundwell used the coin to fund a lavish lifestyle in addition to her extensive quarter Equus caballus operation. She was 1 of the leading breeders of quarter horses inward the US.
Civil activeness against Crundwell is running amongst the criminal prosecution inward a bid to recover roughly of the money, the surplus from which volition teach to help reimburse Dixon for its alleged losses.
Some of the cash volition endure used to defray costs, with the attention of Crundwell’s Equus caballus costing the USA Marshals Service an estimated $US200,000 a calendar month since her Apr arrest.
Another 300 of Crundwell’s quarter horses volition endure auctioned afterwards this calendar month at her Dixon ranch, where she ran a quarter Equus caballus breeding operation.
The horses are expected to convey inward roughly other $US3m to $US4m.
Efforts are besides nether agency to sell her luxury motor home, with bidding currently at to a greater extent than than $US200,000.
Crundwell bought the motor domicile for $US1.575m inward 2008 in addition to government had originally hoped to teach $US1m inward a tender process.
Crundwell has pleaded non guilty to a unmarried accuse of wire fraud.
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