Former Collin Street Bakery comptroller accused of stealing nearly $17M
Bellmead, TX — The former comptroller for a well-known Central Texas fruitcake company is facing a federal charge and allegations of embezzling millions from the business over the course of an eight year period.
Sandy Jenkins, 64, is in federal custody after being charged with Mail Fraud.
But the bigger picture has Jenkins at the center of a scheme that resulted in the Collin Street Bakery Company losing nearly $17 million.
An arrest affidavit says Jenkins used his check-writing authority to steal money from the Corsicana-based bakery.
Jenkins was arrested Monday.
He appeared before a magistrate Tuesday and was ordered to remain in custody.
In late July, the bakery successfully won an injunction that prevents Jenkins and his wife to transfer or use their assets.
The Collin Street Bakery in Bellmead opened in 2009.