Collin Street Bakery ex-executive indicted

Sandy Jenkins

Credit: Courtesy

Former Collin Street Bakery accountant Sandy Jenkins has been arrested on charges of embezzling more than $16 million from the bakery.

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Associated Press

Posted on September 12, 2013 at 12:09 PM

DALLAS (AP) -- A federal grand jury has indicted Collin Street Bakery's former controller for allegedly embezzling nearly $17 million from the famed Texas fruitcake company.

Sandy Jenkins was indicted Wednesday on 10 counts of mail fraud. Court documents say Jenkins managed a scheme to defraud the bakery in Corsicana by writing almost 900 fraudulent checks from 2005 through this June.

The indictment contends Jenkins spent the money on luxury vehicles, a second home in Santa Fe, N.M., some 60 watches, about 600 bottles of wine, jewelry, and other items.

Bakery managers detected the fraudulent activity, confronted and fired Jenkins. They reported their suspicions to Corsicana police, who reported the matter to the FBI.

Jenkins' arraignment is scheduled for Sept. 19. His attorney, Brett Stalcup, was not immediately available for comment Thursday.

 

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