Crundwell’s jewelry sells at auction

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

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.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s