The owner of a Southlake title company accused of stealing money and skipping town was arrested Thursday in Illinois, police said.

Nancy Jackson Carroll, also known as Nancy Jackson Spinks, was arrested in Lake County near Chicago.

She was booked into jail on charges of theft and being a fugitive from justice. She has no bond, pending extradition to Texas.

Carroll owned Millennium Title Company, which was taken over by the Texas Department of Insurance last month.

In court papers, regulators said Carroll vanished, along with several million dollars.

"A tip was received that she was living in the Chicago area, so investigators from the Texas Department of Insurance's fraud unit flew up there this week," said Tarrant County prosecutor William D. Wallace. "She was located and she was apprehended ... in a traffic stop."

The car she was driving, a Mercedes Benz S63, was seized, he said. New models cost $143,000.

Investigators said Carroll had rented a luxury home in the Chicago suburb of Lake Forest. According to zillow,com, the 4-bedroom, 6-bathroom, 6,000-square-foot estate is valued at $1.6 million.

The state has frozen several of her bank accounts. It's not clear how much cash she still had.

Prosecutors say she is accused of stealing $1.2 million.

"There are additional cases under investigation at this time but I can't comment on how much those figures are," Wallace said.

In all, regulators said $3 million was missing from her company's escrow account. At least $2 million more was missing from separate investor accounts.

Carroll’s attorney, Mike McCue of Dallas, has not returned calls for comment.

This story was updated with new information Friday evening.