The Washington Times-Herald

Community News Network

July 25, 2013

$17 million stolen from famous fruitcake bakery, suit claims

CORSICANA, Texas — The former comptroller at a Texas bakery known worldwide for its deluxe fruitcake -- ordered by celebrities and royalty alike -- is accused of stealing nearly $17 million from the bakery's accounts.

The FBI on Wednesday searched the home of Sandy Jenkins, who managed the finances of Collin Street Bakery until three weeks ago. Federal agents would not confirm the reason for the search, but a civil lawsuit filed July 3 accuses Jenkins of using bakery funds to pay his personal bills.

The suit claims that Jenkins used company checks to pay credit card companies, car dealerships, and even local charities more than $16.8 million since 2005. An account clerk discovered the alleged theft in June and alerted the bakery's chief financial officer, Scott Holloman.

"Hollomon asked Jenkins why he had done what he had done and expressed his sense of personal betrayal," the suit states. "Jenkins stated he was ruined and would lose his wife and daughter. He continued by saying 'But if I did this I guess I deserve it.'"

Bob McNutt, president of Collin Street Bakery, confirmed Wednesday that Jenkins was no longer with the company, but would not elaborate.

"There is an ongoing investigation, and I'm really not in a position to comment on their investigation," McNutt said. "Certainly, we are fully cooperative with any and everything that relates to the investigation."

At Jenkins' home Wednesday, a half-dozen federal agents loaded a van with boxes of items seized from the house. Two vehicles, a Mercedes and a Lexus, were towed from the property.

Collin Street Bakery was founded in 1896 and is famous for its fruitcakes, which it ships to all 50 states and 195 countries around the globe. The bakery famously turned away an order from Ayatollah Ruhollah Khomeini after the 1979 Iranian hostage crisis.

Famous clients have included Wheel of Fortune's Vanna White, former Major League Baseball pitcher and Texas Rangers owner Nolan Ryan, and Princess Caroline of Monaco. The bakery's two locations in Corsicana, Texas, are major local employers and tourist attractions.

Details for this story were provided by the Corsicana Daily Sun in Corsicana, Texas.

1
Text Only
Community News Network
  • 20140729-AMX-GIVHAN292.jpg Spanx stretches into new territory with jeans, but promised magic is elusive

    The Spanx empire of stomach-flattening, thigh-slimming, jiggle-reducing foundation garments has expanded to include what the brand promises is the mother of all body-shaping miracles: Spanx jeans.

    July 29, 2014 1 Photo

  • Medical marijuana opponents' most powerful argument is at odds with a mountain of research

    Opponents of marijuana legalization are rapidly losing the battle for hearts and minds. Simply put, the public understands that however you measure the consequences of marijuana use, the drug is significantly less harmful to users and society than tobacco or alcohol.

    July 29, 2014

  • linda-ronstadt.jpg Obama had crush on First Lady of Rock

    Linda Ronstadt remained composed as she walked up to claim her National Medal of Arts at a White House ceremony Monday afternoon.

    July 29, 2014 1 Photo

  • Can black women have it all?

    In a powerful new essay for the National Journal, my friend Michel Martin makes a compelling case for why we need to continue the having-it-all conversation.

    July 29, 2014

  • Screen Shot 2014-07-28 at 1.33.11 PM.png VIDEO: High-dive accident caught on tape

    A woman at a water park in Idaho leaped off a 22-foot high dive platform, then tried to pull herself back up with frightening results. Fortunately, she escaped with only a cut to her finger.

    July 28, 2014 1 Photo

  • Dangerous Darkies Logo.png Redskins not the only nickname to cause a stir

    Daniel Snyder has come under fire for refusing to change the mascot of his NFL team, the Washington Redskins. The Redskins, however, are far from being the only controversial mascot in sports history.  Here is a sampling of athletic teams from all areas of the sports world that were outside the norm.

    July 28, 2014 3 Photos

  • CATS-DOGS281.jpg Where cats are more popular than dogs in the U.S.-and all over the world

    We all know there are only two types of people in the world: cat people and dog people. But data from market research firm Euromonitor suggest that these differences extend beyond individual preferences and to the realm of geopolitics: it turns out there are cat countries and dog countries, too.

    July 28, 2014 1 Photo

  • wd saturday tobias .jpg Stranger’s generosity stuns Ohio veteran

    Vietnam War veteran David A. Tobias was overwhelmed recently when a fellow customer at an OfficeMax store near Ashtabula, Ohio paid for a computer he was purchasing.

    July 28, 2014 1 Photo

  • Fast food comes to standstill in China

    The shortage of meat is the result of China's latest food scandal, in which a Shanghai supplier allegedly tackled the problem of expired meat by putting it in new packaging and shipping it to fast-food restaurants around the country

    July 28, 2014

  • 'Rebel' mascot rising from the dead

    Students and alumni from a Richmond, Va.-area high school are seeking to revive the school's historic mascot, a Confederate soldier known as the "Rebel Man," spurring debate about the appropriateness of public school connections to the Civil War and its icons.

    July 28, 2014