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.
(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
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