Rita Crundwell, the former comptroller of Dixon, Ill., will be arraigned today on charges of wire fraud for allegedly taking more than $53 million from the small town. Prosecutors say she used the money to fund her Quarter Horse breeding program, one of the largest in the country, as well as live a lavish lifestyle. Crundwell's attorney declined to comment.
CBS Chicago reports that Crundwell has entered a “not guilty” plea at her arraignment. She is due back in court on June 15.
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