Crundwell ranch sold to nephew for $1M

This Nov. 2011 photo provided on April 18, 2012, by The American Quarter Horse Journal, shows Rita Crundwell, of Dixon, Ill., posing with Pizzazzy Lady at the 2011 American Quarter Horse Association World Championship Show in Oklahoma City. On Tuesday, April 17, 2012, FBI agents arrested Crundwell, the Dixon comptroller, on charges that she stole more than $3.2 million in public funds from the city of Dixon in just a matter of months. She also was accused of misappropriating more than $30 million since 2006 to finance a lavish lifestyle, including operating a horse farm. (AP Photo/The American Quarter Horse Journal)

February 5, 2013 3:20:58 PM PST
The quarter horse ranch once owned by former Dixon Comptroller Rita Crundwell has been sold to her nephew for more than $1 million.

Richard Humphrey Junior closed on the property in the 1500-block Of Red Brick Road in Dixon on Friday. He paid $1,134,375.

The nearly 88-acre site has been in the Humphrey family for about 30 years. Crundwell bought the site from her brother in 2011 for $270,000.

In November, Crundwell admitted to stealing more than $53 million from the city of Dixon. She will be sentenced next week.