Federal Bureau of Investigation agents last week arrested Dixon, Ill., Comptroller Rita Crundwell for allegedly defrauding the city of more than $3.2 million in public funds since last fall and misappropriating $30 million since 2006, federal prosecutors in Chicago announced.

Crundwell allegedly used the funds to finance a lavish lifestyle that included operating a horse farm. She has served in the position managing all city finances since the early 1980s.

Dixon is a city of 15,700 residents located 42 miles southwest of Rockford.

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