Rita Crundwell's jewellery auctions this weekend


2015-06-26 13:10:33


Rita Crundwell's jewellery auctions this weekend

Sentenced to more than 19 years for embezzlement; Rita Crundwell's jewellery is to auction

A treasure trove of jewellery once owned by the convicted former Dixon, Illinois comptroller, Rita Crundwell, is to auction online this weekend (February 23).

Among the 351 lots offered, a Rolex watch estimated to be worth $25,000, a jewel encrusted SpongeBob SquarePants pendant (which, at the time of writing, carries a $1,020 maximum bid), and a bar of pure gold with a starting price of $1.5m epitomise Crundwell's lavish tastes.

Rita Crundwell Jewellery AuctionCrundwells diamond encrusted SpongeBob SquarePants pendant

Crundwell is believed to have purchased the loot with the $53.7m she embezzled from Dixon while acting as the city's comptroller.

On February 14, District Judge Philip Reinhard sentenced Crundwell to 19.5 years in prison for divertingthe moneyfrom the city coffers to her own pocket.

As well as investing in jewellery, Crundwell also enjoyed purchasing horses - at the time of her arrest, she owned 400.

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