Rita Crundwell stole more than $53million of public funds across two decades in office as the City Comptroller and Treasurer for Dixon, Illinois, a town with a population of just 16,000. She used the funds to build one of the nation’s leading quarter horse breeding empires, and threw lavish parties, all while forcing staff cuts, police budget slashing, and neglect of public infrastructure. In 2012, after a close colleague turned whistleblower finally uncovered her scheme and alerted the Mayor, the FBI arrested Crundwell as the largest municipal fraud perpetrator in American history.
How did Rita Crundwell steal over $37,000 each day from a town with an annual budget of around $6million? How could such embezzlement go undetected in annual audits by two independent accounting firms and in annual audit reviews by state regulators? How did local residents not become suspicious of Crundwell’s extravagant wealth and frivolous spending?
All the Queen’s Horses is the riveting story of how a pillar of the community could so callously execute a scam of such magnitude. This film reveals the procedures behind how she did it and got away with it for so long, how she was caught, how the city is attempting to rebuild and recover, and how if it happened in Dixon, it could happen anywhere.