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She Stole $54M from Her Town. Then Something Unexpected Happened

12 pointsby rishabhdover 1 year ago

5 comments

xz18rover 1 year ago
For those not swayed by the clickbaity title, here&#x27;s a ChatGPT summary (prompt: &quot;Summarize this article in 10 sentences or less, and focus on what changed in Dixon):<p>&quot;Following the exposure of a staggering $54 million embezzlement by comptroller Rita Crundwell, Dixon, Illinois, underwent profound changes to prevent future fraud. The city, reeling from the largest municipal fraud in U.S. history, sought to rebuild trust and strengthen governance. It accomplished this by overhauling its government structure, introducing more transparency and professional management. These reforms included redesigning the city&#x27;s form of government in 2015, which led to the election of new city council members and the former Tea Party activist Liandro Arellano, Jr. as mayor. Additionally, the recovery of approximately $40 million through the auctioning of Crundwell’s assets and lawsuit settlements facilitated significant infrastructural improvements. Streets were smoothed, public facilities renovated, and financial health restored as Dixon paid down $21 million in debt before making new investments. These efforts have not only improved Dixon&#x27;s fiscal outlook but also contributed to a cultural and economic revival, positioning the city as an example of resilience and proactive governance in the face of profound betrayal.&quot;
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rusty_ventureover 1 year ago
A fascinating article that raises so many questions. How and why does someone accumulate and store one hundred thousand dollars worth of horse semen? That sounds like a mind-boggling amount of horse semen. Are there special horse semen freezers with backup generator systems? God forbid all that horse semen should go off if there&#x27;s a power outage. Is there a special market for horse semen? How do you demonstrate the provenance of your horse semen to potential buyers? How do you test the potency of horse semen after taking out out of storage? Does anyone freeze horse egg cells, or just horse semen? Is horse semen a sensible investment vehicle? How does the value of horse semen change over time? I wish the article had gone into significantly more detail about this important aspect of the story.
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sjg1729over 1 year ago
You Won’t Believe What Happened Next!!!<p>No chance we want to allow HN posters to cool down the article’s original title when it’s especially clickbaity?
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austinmoodyover 1 year ago
Season 3 of the &quot;Crooked City&quot; podcast was all about this and an entertaining listen if this article got you hooked: <a href="https:&#x2F;&#x2F;www.iheart.com&#x2F;podcast&#x2F;867-crooked-city-dixon-il-99784895&#x2F;episode&#x2F;introducing-season-3-of-crooked-city-123556589&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.iheart.com&#x2F;podcast&#x2F;867-crooked-city-dixon-il-997...</a>
hanwennover 1 year ago
This story appears quite similar to the scandal at the Texas fruitcake bakery <a href="https:&#x2F;&#x2F;collinstreet.com&#x2F;blog&#x2F;the-sandy-jenkins-embezzlement-scandal" rel="nofollow">https:&#x2F;&#x2F;collinstreet.com&#x2F;blog&#x2F;the-sandy-jenkins-embezzlement...</a><p>In both cases there was a single person that both managed the books and executed transactions. They gained enough trust of their peers so nobody second guessed their lavish lifestyle.