Former Collin Street Bakery comptroller indicted on claims that he stole nearly $17M

Friday, September 13, 2013 - 7:08am

The former comptroller for a well-known Central Texas fruitcake company has now been indicted by a federal grand jury on charges that he embezzled millions of dollars from the business over the course eight years.

Sandy Jenkins, 64, was indicted on ten federal counts of mail fraud. An arrest affidavit says Jenkins used his check-writing authority to write nearly 900 false checks from 2005 to June 2013, in order to steal money from the Corsicana-based bakery. That money, the indictment claims, was used to buy Jenkins a second home, luxury vehicles, jewelry, wine, and other things.

Jenkins was arrested on August 12. He appeared before a magistrate Tuesday, August 13 and was ordered to remain in custody. Jenkins is set for arraignment on September 19.

In late July, the bakery successfully won an injunction that prevents Jenkins and his wife to transfer or use their assets.


Comments News Comments

Post new Comment