Crundwell’s jewelry sells at auction
An auction of jewelry that belonged to former Dixon comptroller Rita Crundwell, held in Fort Worth, Texas and online on Saturday raised $258,000.
The highest bid was for a men’s horseshoe ring that sold for $12,000. The gold ring has 14 diamonds and is engraved with Crundwell’s initials and the name of one of her ranches.
Other items on the auction block included watches, necklaces, loose diamonds and gold bar bullion.
Crundwell was sentenced to nearly 20 years in prison earlier this month, after admitting she stole more than $53-million from the city over several decades.
Authorities expect to recover only $10 million by auctioning off her belongings.