EAST TEXAS (KTBS) - The former controller of the famed Collin Street Bakery chain appears in federal court to face allegations of embezzling nearly $17 million from the company.
Sandy Jenkins was indicted last week on 10 mail fraud counts. His arraignment is scheduled for Thursday in federal court in Dallas.
Court documents say Jenkins managed a scheme to defraud the Corsicana-based bakery by writing almost 900 fraudulent checks from 2005 through this June. The indictment alleges he 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 Jenkins and fired him. They reported their suspicions to Corsicana police, who reported the matter to the FBI.