A Chicago filmmaker still gets the same question today. How did Rita Crundwell embezzle $53.7 million from Dixon, Illinois and who’s to blame? Kelly Richmond Pope attempts to answer in her documentary All the Queen’s Horses.
Crundwell used the ill gained money to support her lavish lifestyle competing and showing quarter horses throughout the country. She is now serving 19-years-and-7 months in federal prison.
Dixon would eventually sue its former auditing firm and a bank where the Crundwell transactions took place. They were awarded $40-million from the litigation and gained another $9-million through auction proceeds from Crundwell’s forfeited assets.