How Did the Entitled Small Town Treasurer Embezzle Millions for a Luxurious Lifestyle?

This video is about the case of Rita Crandwell, who was sentenced to nearly 20 years in prison for embezzling almost $54 million from the city of Dixon. Crandwell was not seen as being remorseful by those who met with her in prison, and some even believed that she had the last laugh since she lived like a queen for 20+ years and only served eight years in prison. Her fraud follows the "fraud triangle," which suggests a person has a financial need, opportunity, and rationalization to steal from the public. Dixon should have been able to catch Crandwell earlier, but she did everything herself and kept her circle small. However, Dixon recouped most of the money by selling Crandwell's assets and getting a $40 million settlement with the accounting firm that blessed the city's finances.
00:05:00 In this section, it is reported that Rita Crandwell, who stole millions of dollars from the city of Dixon, has been released early from the federal Corrections institution. However, the reasons for her early release remain unknown. The news of her early release has been met with mixed reactions, with some believing she should not have been released and others feeling that the pandemic has led to many early releases. While some in Dixon speculated she may be staying on her nephew's property, he denied this and became aggressive with reporters.

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