CORSICANA — It was a bitter surprise for a Texas company accustomed to delivering sweet news.
Corsicana's Collin Street Bakery — world famous for its DeLuxe fruit cakes — is suing its own in-house accountant for allegedly embezzling nearly $17 million.
There’s a new temporary injunction in the case against accountant Sandy Jenkins. It means he can’t spend any money or conduct any financial transactions as the bakery tries to recover some of what was allegedly stolen.
A week ago, FBI agents raided Jenkins' home, hauling off a driveway full of expensive cars and boxes of records. But they didn't detain Sandy Jenkins; neighbors said they hadn’t seen him in three weeks.
But that has changed. News 8 found him at home, although he didn't want to talk to us.
"I have no comment," he said from behind his front door.
On Monday, at about 5 p.m., police responded to an alarm at Jenkins’ home. Jenkins was breaking into his own house because the FBI, police said, had changed the locks.
Police said they did not arrest Jenkins because the FBI has not charged him with a crime.
Collin Street Bakery is no longer commenting about its allegations against Jenkins, but last week, company director John Crawford did say this: "Sixteen million is a bunch of money. I wish we knew how it happened," he said. "It's just one of those things that happened, and all of a sudden you’re aware of it."
Court records allege Jenkins used the bakery's money to pay his personal debts and had purchased nine luxury watches, jewelry, computers and art.
The FBI declined to comment about whether it will eventually charge Jenkins with a crime.