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WREX- The U.S. Marshals Service is moving forward with the auction of horses owned by former Dixon comptroller Rita Crundwell.
A live auction will be held at Crundwell’s farm in Dixon on September 23 and September 24. Performance horses will be auctioned off on September 23, and halter horses will be auctioned on September 24. The farm is located at 1556 Red Brick Road in Dixon.
An online auction will be held on September 11 and September 12. The auction will be held at www.professionalauction.com. Times for both auctions are not yet available.
Interest in the horses is coming from as far as Australia and Europe. According to the auctioneer, 29 world champion horses will be up for auction, with some top breeding stallions garnering over $300,000. However, there will also be horses that will probably sell for just a few hundred dollars.
Crundwell has been accused of stealing over $53 million from the City of Dixon from 1990 to early 2012. She was arrested in April 2012 and charged with one count of wire fraud. Accusers say Crundwell used the money she allegedly stole to fund a lavish lifestyle for herself that included running a nation-wide horse breeding operation. She pled not guilty to wire fraud in May 2012
My forcast says…highest selling horse will be under $75,000. Average sale price will be in the $15,000 range.
some will go high like her stallions and some proven broodmares