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Summary Rita Crundwell, 59 used the money to buy three homes and more than a dozen cars.
A former finance official stole more than $53 million in city funds from former President Ronald Reagans boyhood hometown in Illinois in a fraud that spanned more than two decades, U.S. prosecutors said on Tuesday.Rita Crundwell, 59, who had served as comptroller of Dixon, Illinois since 1983, used the money to buy three homes, more than a dozen cars, trucks and other vehicles, and to invest in a horse farm that has 311 quarter horses, the U.S. Attorneys Office for the Northern District of Illinois in Chicago said.
