Fox News
Expand
Browse All Video
Watch Live

You're watching...

Comptroller embezzles over $30 million from city funds

Details

  • Description

    6-year scam comes to light in Illinois

  • Duration 1:47
  • Date

Clips

Also in this playlist...

Law

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

-- -- well has done extremely well for self in the horse business last year she was honored as one of the best quarter horse owners in the country.

She owns and runs this beautiful -- horse farm just outside Dixon.

Federal authorities say she used money stolen from the town -- Dixon to fund that business.

People here are understandably outraged -- where the allegations.

The -- will stole more than three million dollars since last fall and thirty million since 2006.

I'm just totally today.

I mean how could someone do this for this many years and take that much money.

And get away with it.

It's outrageous.

Today the FBI searched -- -- offices at city hall and carted out numerous boxes of evidence they also used forensic equipment to copy the hard drives from city computers.

Tonight the mayor called an emergency meeting of the City Council to discuss the fraud that you first reported that the Fed's last fall.

It first came to light when a city employee filling in for crime well solve problems with the city books.

This is a dramatic event that the city in this console are experiencing I will be making a recommendation to the console.

I'm taking steps that will assure that this will never happen again.

In addition to searching City Hall the FBI also executed warrants it -- lavish home and her horse farm.

They seized numerous vehicles including this Cadillac SUV in -- two million dollar motor coach.

The crime -- rocked this small town and boyhood home of Ronald Reagan from the average homeowner right up to the police chief.

It's devastating and the citizens of this community like everybody else here.

Terrorists to scramble.

Right now and she worked here since 1980.

So is there more money I I don't know how much more money you could take from the city of Dixon.

Load More