Where Is Kay Jenkins Now? Top 18 Newly Updated Answer

Sandy Jenkins Suice: Why did he take his own life behind bars? Most of the time the reason for the suice is not known but can be guessed by close relatives and friends. In this case, though, let’s find out what prompted him to commit suicide behind bars.

The deceased was a suave, gentle and apparently forgotten accountant who worked for years at Corsicana’s famous Collin Street Bakery.

He went through a massive scam behind his pleasant demeanor and stole about $17 million from the establishment he was working at. He went unreported for nearly a decade, starting out as a petty money thief but quickly raising the bar and writing big checks to himself.

Corsica, TX

(75110)

Today

Slightly cloudy. An isolated shower or thunderstorm is possible. High 94F. Wind from ESE at 10 to 15 mph.

Tonight

A few clouds here and there. An isolated shower or thunderstorm is possible. Low near 75F. Wind from SE at 10 to 15 mph.

Updated: July 1, 2022 at 2:10 am

Where do Sandy Jenkins and Kay Jenkins spend their money?

Asked by Zachary Dougherty on 12/6/2021

FAQ

Considering what type of credit card does Kay Jenkins use?
Sandy and Kay Jenkins primarily spent the embezzled funds by charging an American Express Centurion credit card, which charges an annual service fee of $2,500 but has no credit limit. Both Sandy and Kay Jenkins had these cards, and between 2005 and 2013 they were charged a total of approximately $11,120,449 on American Express. The FBI has seized luxury items from Sandy and Kay Jenkins, who are accused of taking $16 million from Collin Street Bakery: the couple’s mansion in Corsicana, Texas, and a $784,000 mansion in Santa Fe, New Mexico . Wine collection with 596 bottles. $2,500 Waterford Crystal 12 Days of Christmas ice bucket.
Beses, how old is Kay Jenkins husband Sandy Jenkins?
Jenkins husband, Sandy Jenkins, 66, who remains in federal custody, served as corporate controller for the bakery from February 1998 until June 21, 2013. He was terminated on June 21, 2013 after the Bakery discovered the fraud’ probationary period. Kay Jenkins was also ordered to do 100 hours of community service and write a letter of apology to the bakery. Sandy Jenkins, 66, served as corporate controller for the bakery from February 1998 to June 21, 2013 million) were issued at Neiman Marcus in Northpark in Dallas, where Sandy Jenkins and Kay Jenkins were nicknamed “Fruitcake” and “Cupcake,” respectively . Sandy and Kay Jenkins spent the embezzled funds primarily by filing charges against an American Express Centurion credit card, which charges a $2,500 annual service fee but has no credit limit. Both Sandy and Kay Jenkins had these cards, and between 2005 and 2013, American Express was charged a total of approximately $11,120,449. Similarly, the FBI has seized luxury goods from Sandy and Kay Jenkins, who are accused of stealing $16 million from Collin Street Bakery: the couple’s Corsicana, Texas mansion and a $784,000 mansion in Santa Fe, New Mexico. Wine collection with 596 bottles. $2,500 Waterford Crystal 12 Days of Christmas ice bucket, 2013 after the bakery discovered the scam. Judge Kinkeade also sentenced Kay Jenkins to five years probation. Kay Jenkins was also ordered to do 100 hours of community service and write a letter of apology to the bakery. Sandy Jenkins, 66, served as corporate controller for the bakery from February 1998 to June 21, 2013.

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The white-collar crime that shook our bakery to the core

When the citizens of Corsicana woke up on Wednesday, July 24th, 2013, there was no sign that it would be anything more than an ordinary summer’s day. It was 35 degrees and sweltering, just as the meteorologist had predicted. Across the city, sounds of ordinary life drifted upward from the patchwork of the city’s sprawling neighborhoods. Ks played sprinklers, men mowed their lawns, women watered their plants and cicadas roared incessantly in the background. It was a beautiful but unremarkable day…until a small parade of unlicensed gray limousines rolled down West Third Avenue. Their target, which is only clear in hindsight, was the home of Kay and Sandy Jenkins, the Collin Street Bakery auditor.

Present and CEO Bob McNutt in front of the Collin Street Bakery offices – Image source: Texas Monthly, Wynn Myers

Breaking our silence

This part of our company history has been the subject of internal debates and controversies for years. While some advocated sharing our story, others preferred to bury it in a time capsule in hopes it never turns up again. Understandably, the story of our ex-accountant’s nine-year fraud is racy and entertaining – fodder for true crime at its finest. If our bakery hadn’t been the victim, it would certainly have sparked water dispenser discussions. Instead, the reality of this betrayal cast long, dark shadows over our company.

Viewing this crime through a lens focused on the accused, embezzlement is a crime of greed and desire. Shift that focus to the victims of embezzlement and the opinions aren’t much kinder – gullible, naive and foolish are words typically attributed to the unjust. These two top-level assessments of embezzlement lack empathy.

Embezzlement is often a crime committed out of a sense of necessity and allowed to proceed out of justifiable trust – why would anyone take what is not theirs? Why would you suspect someone working for you of working against you? At its core, embezzlement is a crime against trust.

The harsh reality of embezzlement doesn’t seem to inspire the public sympathy that other victims of crime might expect. Judgments rain down hard on the victim, encouraging the victims of the crime to feel as ashamed and ashamed as the perpetrator.

“But just as time turns tragedy into comedy, it also turns embarrassment into education.”

Up until our last true crime report on Discovery+, Collin Street Bakery has never spoken more publicly about the embezzlement that has rocked our business. The show’s positive reception has encouraged us to break our silence and contribute to the elaboration and enlightenment of the narrative. To do this, we interviewed various professionals specializing in white-collar crimes such as fraud and embezzlement – ​​a licensed internal auditor, a white-collar crime prosecutor and an investigative agent from an independent government law enforcement agency white-collar crime.

We hope you find this article as insightful and entertaining as these conversations have been for us. We strive to share the lessons we have learned and the mindset we have regarding our hope and belief in people. To set the stage, we must first gradually work backwards in time—starting back when the crime became public, further back when the crime was discovered, and even further back to analyze the environment that made the crime possible has.

The spectacle of scandal

The line of cars came to a stop in front of an all white plantation house. A row of impressively thick white columns stood proudly at the edge of a beautiful wraparound porch. Lush manicured grass in the courtyard’s perfectly manicured gardens. Surrounded by a black wrought iron fence, the home resembled what might be found on the cover of Southern Living magazine.For all that was known, this uninformed group of visitors could easily have been the HOA who had come to give the Jenkins residence the title of Yard of the Month. It became clear that this was not the case as all the occupants of the cars exited in a uniform of khaki pants, blue shirts and gun belts.

When those FBI agents knocked on the front door, they knew neither Sandy nor Kay were home. The agency had observed the couple’s movements and had good reason to believe that both were in Austin. The absence of the squire and squire did not deter agents, who entered the premises by force anyway. The agents disappeared for a while before gradually reappearing, each carrying arms full of luxuries. After carefully depositing their loads in the parked motorcade, they went back inside to get more. Like a string of ants dutifully striding among fallen crumbs and colonies, the small group of agents worked diligently to empty the house of expensive goods – bundles of furs, cases of wine and designer luggage. Tow trucks picked up luxury car after luxury car – a Mercedes, a Lexus, a Denali, a BMW.

FBI Agents Empty Sandy & Kay Jenkins House of Event on July 24, 2013 – Image Source: Corsicana Daily Sun

Despite their unannounced appearance, news of the FBI’s presence on Jenkins’ property quickly spread through the tiny community. Neighbors and local resentments have staked out spots all over the street to watch the informal parade.

For those already working or somehow unable to attend the spectacle in person, phone trees have been set up to spread the word. “Do you hear? Sandy Jenkins stole from Collin Street Bakery!” The replies were always one of shock and awe, followed by probing questions. “How long has he been taking money? how much did he steal When did the bakery discover the theft?” It was the most exciting event to have taken place in Corsica in quite some time and the town was filled with excitement.

Just a few miles away at Collin Street Bakery, the atmosphere was somber. The bakery’s leadership, still reeling from the scam uncovered just a month earlier, tried to come to terms with the reality of the situation logistically, emotionally and financially. With the seizure of the Jenkins home, the veil of secrecy surrounding the scandal had been lifted. People talked. Judgments have been made.

“How could you not know what is happening in your own company?”

You might be asking yourself the same question, but it’s more complicated than it sounds – don’t worry, we’ll walk you through it all..

Sandy Jenkins capture photos – Image source: Discovery+

The crime revealed

Sandy Jenkins was hired as the bakery’s accountant in 1998. In the summer of 2013 he had just celebrated his fifteenth anniversary at work. Unbeknownst to him, he was not destined to celebrate his sixteenth birthday. At the end of June of that year, Sandy had been fired from his position at the bakery on fairly concrete grounds of suspicion of embezzlement. A newcomer to the accounting department had unearthed a series of confusing bank statements and, upon further investigation, brought her suspicions to the bakery’s management. The original discrepancy in question involved just seven transactions totaling approximately $280,000. A significant chunk of change – significant enough to be reported – but only a drop in the ocean compared to the deluge of fraud that has yet to be uncovered.

When Sandy was confronted, he didn’t even try to deny it. He couldn’t because, as he said himself, “I write the checks for the bakery.” There was a single paper trail linking him to the theft. It would only be a matter of time before more questionable expenses would be uncovered.In a last-ditch effort to evade justice, Sandy spent the next three weeks aimlessly hopping between his various poorly acquired Santa Fe properties and his daughter Austin’s estate, causing him to be absent from the FBI’s first visit was. Before leaving Corsicana, he stopped by his home and filled insulated freezer bags with loose cash, jewelry, watches and other valuables. On the run, he tried to shoo them away at various points before finally giving up and throwing the rest into a nearby lake.

The intention behind these actions is as unclear today as it was then. Whether he was trying to minimize the likelihood of his theft or creating a financial nest egg after the trial, we cannot say. Either way, many of these items would eventually be recovered by unsuspecting park visitors and local law enforcement officials and returned to the FBI.

In early August 2013, both Sandy and Kay Jenkins returned to their residence in Corsicana. The locks on the doors had been swapped but the couple found a way in and tried to hide. Not long after, the FBI knocked on Jenkins’ door again and Sandy was taken into custody and charged with mail fraud and money laundering. Kay has maintained her innocence and pleaded ignorance of her husband’s actions. Less than a year later, in March 2014, she was indicted on similar charges.

Distinguishing between crime and cover-up

To get the full picture, it’s important to understand the different fees involved. Sandy Jenkins has been charged with 10 counts of mail fraud and three counts of money laundering. Both Sandy and his wife Kay were each charged with one count of conspiracy to commit money laundering, six counts of money laundering, six counts of abetting and abetting and two counts of making false statements to a financial institution. Let’s break this down:

• Mail fraud occurs when a person or persons intends to defraud another person or institution using the mail.

• Money laundering involves disguising illicit sources of income by passing it through a series of transactions to make the money appear “

  clean

  ” – this is sometimes referred to as “*100091 *

  Money

  Laundry

  .”

• Incitement is assisting another person in starting a crime.

• False statements are untrue or “

  less than true

  ” statements. In this case, false statements were made in order to deceive a bank or financial institution into proving a favorable position to the person making the statement.

Note: The term embezzlement is not listed above. That’s because embezzlement is simply a broader, overarching term used to succinctly encompass all of the crimes listed above. It is defined as “the misappropriation of funds entrusted to one’s care”. But where does fraud fit into this definition? For this answer, we spoke to Special Agent Mark Drummond from the Oklahoma State Bureau of Investigation. With twenty years experience of employee corruption, Mark has been able to speak with authority on the subject.

“Embezzlement is a type of fraud scheme. The fraud could consist of all the mechanisms put in place to disguise the embezzlement.” Mark continues: “Most financial crimes fall under embezzlement, [the] obtaining of money under false pretenses. The embezzlement itself would be the act. Covering up this embezzlement would be fraud.”

A public misunderstanding of embezzlement

When we began our white-collar crime research, we expected enticing stories of insatiable greed and inflated egos – like Bernie Madoff’s infamous Ponzi scheme or the cinematic scam of Mark Whitacre of Archer Daniel’s company Mland. In reality, these stories are so sensational and newsworthy because embezzlements of this magnitude are extremely rare.

Embezzlement, on a smaller scale, is actually quite common. In the annually published Marquet Report on Embezzlement, 554 cases of embezzlement were committed in the United States in 2013 – an increase of almost five percent from 2012 and a shockingly high statistic given the lack of media coverage. But the over-dramatization of cases like the Madoff/Whitacre scandals has produced a triple effect on perceptions of embezzlement and its victims. The general public has 1) a false sense of how common embezzlement is, 2) a falsely inflated understanding of an embezzler’s motives, and 3) a falsely self-confident understanding of how much blame falls on the victim.

“Many times people just fall into the sin of embezzlement,” commented Phil Stambeck. Phil is a former Oklahoma State Attorney for Economic Affairs. After ten years as head of the White-Collar Prosecution Unit at the Oklahoma County Attorney’s Office, he is something of an expert in embezzlement and fraud cases.

“I think it’s just a normal person who is in a situation where they have an opportunity and succumb to greed. That’s it easy. Many of them have the EA “I will pay this back. I’m not a criminal.”

This opinion is statistically secured. A 2018 case study conducted by the Association of Certified Fraud Examiners found that “Most professional fraudsters are first-time offenders with clean employment histories. Approximately 86% have never been fined or terminated by previous employers for fraud-related behavior.” This means that it is virtually impossible to identify a potential embezzler based on a history of previous criminal activity.

To complicate matters further, embezzlement is a crime often committed out of a real or perceived need – to pay for necessary medical treatment, tuition, rent or groceries. Therefore, for the embezzler, the ends could theoretically justify the means. It’s like asking the morally complex question, “Would you steal a loaf of bread to feed your family?”

To be clear, we do not condone theft for any reason. What we advocate is a reflection on what a complex situation driven by human emotions could be. Unfortunately, sometimes life isn’t cut and dried the way we’d like it to be. Sometimes it’s a little easier – let’s take ourselves as an example.

Sandy, center, speaking to FBI agents on August 12, 2013 – Image sources: Corsicana Daily Sun, Ron Farmer

Why suspect someone you trust?

Embezzlement is a crime against trust. As Phil put it, “In embezzlement, someone was actually entrusted with the money in a lawful manner. And then takes it in an unlawful way.” So that begs the question, why would you suspect someone you trust when funds are missing or numbers are wrong. The simple answer is you wouldn’t. And we don’t.

Everyone in town had witnessed Sandy’s sudden wealth. How the average bakery controller had apparently turned into a wealthy millionaire overnight was unclear. While shocking, his voluntary explanations for this change in fortune always seemed appropriate – he had inherited the money. He had acquired some commissioned work. He had generous family members with offbeat connections. Also, Sandy was a really nice guy. A humble, quiet, trustworthy man – why should anyone doubt his word?

In Phil’s experience, it’s always been like this. “It’s the little old lady who brings donuts or homemade baked goods to the office. It’s the person who remembers your birthday. They’re individuals that you think are super nice.” In his words, when the crime is discovered, “not only are employers shocked, but friends or associates of the individual are shocked because this is someone they would never suspect.”

Some of this innate confidence is attributed to human nature, but some can also be attributed to Texas culture.Located in the heart of East Texas, Corsicana is home to Collin Street Bakery and the quintessential quaint small American town. Neighbors wave when you pass, kids still say “ma’am” and “sir,” and a man’s word is as good as gold. Handshake deals still count as contracts, and when a contract needs to be written, it’s not done in a law office, it’s done on the hood of an old Ford pickup.

Corsicana is just a trusting community full of hardworking, honest people. What some call naivety we call faith – trusting that your neighbor will do to you what you would do to him. We had to learn the hard way that not everyone deserves that innate trust. We have no regrets for trusting Sandy, but it has led us to change our credo – start with trust, then check again.

After learning more about embezzlement, what are the findings? The lesson is triple:

1. Embezzlement is a more common crime than we lead you to believe.

2. Most of the time the motivating factor is not greed but need or a perceived need.

3. Victims of embezzlement are not bad businessmen – just a little too trusting.

Unfortunately, not all of these clients apply to our scenario. But these are things to keep in mind when promoting other stories of embezzlement. Sandy Jenkins was motivated by greed from the start, but his reasons put him in the minority of offenders. While this is only a mildly reassuring notion, one has to look everywhere for a silver lining in stories like ours.

How Sandy started stealing

Before entering the world of crime, Sandy hadn’t done badly. He was a relatively successful professional with a loving wife and historic home. He didn’t have a new car or this season’s must-have labels, but he was far from penniless. He was an average hard working guy striving to acquire the things he desired. But the things he desired were disproportionate to the professional life he created.

This realization had slowly solidified as he bemoaned the long time it took to save. One day, frustrated that his savings account was filling up, he reached into the bakery petty cash. When the missing money went unnoticed, he went one step further and wrote himself a check to cover the cost of his most recent credit card purchase — a down payment on a new Lexus. Portraying himself as a sort of Robin Hood, Sandy had stolen from the rich and given to the poor—only in this case, before stealing, he claimed the “poor” were himself. It was a flimsy rationalization, and quite the opposite of altruism.

As much as he tried to justify his actions, he ended up stealing from a company he loved and people he respected. Sandy loved fruit tarts and was very fond of Bob McNutt, Present & CEO of Collin Street Bakery. As Texas Monthly’s Just Desserts article put it, “Bob was wealthy, but he didn’t flaunt it. His shirts were nice but not flashy. He donated to charity and didn’t brag around the office when traveling on a private jet. He had a dry, endearing joke… [Sandy and Bob] attended the same church.”

” He pushed that guilt aside because it was just a one-time thing. He had no intention of doing it again. He’d got his car, his mark of hard work. He would be an honest, ordinary guy again. He wasn’t a crook… but it was so easy.”

Sandy didn’t write another check until some time later, but once he knew how easy it was, the lure of the company checkbook called like a siren’s song. One day it was like a switch was flipped and any hesitation he had felt writing fraudulent checks was gone. The slippery slope had begun. Sandy was all in.

“[Embezzlers think] I’m only doing this on a short-term basis,” commented former corporate attorney Phil Stambeck. “Then they find out it’s that easy and just get used to it.” Looks like Phil timed our situation perfectly.

Sign out of Collin Street Bakery corporate offices – Image source: DailyMail

How the embezzlement lasted nine years

After Jenkins was arrested, our bakery dove headfirst into stacks of records reviewing hundreds of thousands of pages of financial documents. In hindsight it was clear something was going on, but in hindsight isn’t it almost all? “Of course we’re not spending that much on cans this year. No way did we order that much fruit – that explains our losses…partially.” But only partially. This is a crucial part of our story and a big reason why it took nine years for the scam to be uncovered.

You see, when young companies see fluctuations in growth, they panic. When 117-year-old companies see dips in growth, they see the ebb and flow associated with the difficulties of the business. Some years are high and some years are low. Well, we had experienced a low for our bakery. This low point was attributed to customers’ changing views of our main product, fruitcake.

Vice Present of Public Relations, Hayden Crawford explains it best. “The [negative] perception started creeping in in the M-80s. It was just a change in most Americans’ lives toward what they considered healthier… So in the ’80s we started struggling with our perception in the marketplace.”

Present and CEO of Collin Street Bakery, Bob McNuttadds, “Our struggles continued in the 1980s… [when] Johnny Carson was leading [the] denigration of fruitcake. It became popular for badmouthing fruitcake, and people even ran ads denigrating [it]. This led to people who had never tried it having a ready-made, negative opinion of fruitcake.”

Essentially, the fruit cake industry went through a difficult phase. And from a 10,000-meter view of our finances, the books backed that assessment. However, the company was determined to reverse the perception. Marketing efforts have been significantly increased to revitalize the brand – both the volume of mailings and the advertising budget have been increased. Profits may have fallen, but this increased spending should turn the tide.

No one knew this plan better than accounting—especially Sandy Jenkins. It was the perfect setting for a little book baking. Who says the ongoing decline in profits isn’t due to marketing failure? The more marketing dollars that were spent, the more Sandy was able to manipulate the numbers under the pretense that it was legitimate advertising spend and not money going into his own pockets. From an executive perspective, it would seem like it would the bakery spin their wheels and work very hard to get nowhere – although the marketing actually worked, it just didn’t show. Hayden would tell Bob

“It doesn’t make sense. We’re doing something wrong. We checked our expenses, checked our payslips. We just can’t pinpoint the problem.”

Luckily for Sandy, the audit requests always came through him, allowing him to skillfully manipulate reports proven to leadership.

This reporting structure allowed Sandy to continue his fraud for nine years, a statistical outlier by embezzlement standards. Referring again to the 2018 case study conducted by the Association of Certified Fraud Examiners, “a typical workplace fraud scheme takes fourteen months before it’s caught.” Month after month, the bakery reported losses, convinced something was amiss had to, but could not find the cause. It wasn’t until that fateful Thursday in the summer of 2013 that Sandy’s se rush finally hit the Skagen and the truth came out.

Trial & Conviction

When Sandy finally went to court with the full list of charges empty, the enormity of the crime was heartbreaking. Listening to hours of testimony about Sandy and Kay’s lavish lives was a spectacle any talkative housewife would have wanted to hear firsthand. Evence, presented during the sentencing by Assistant US Attorney J. Nicholas Bunch regarding the Jenkins expense list, was scandalous and down-to-earth. The couple have made more than 223 trips on their private jets to exclusive locations like Santa Fe, Aspen and Napa. The total cost of their trips exceeded $3.3 million.

Sandy and his wife Kay in a photo posted to Facebook on a private jet – Image source: Texas Monthly

Another event produced by the FBI showed that when not traveling much, the couple enjoyed a lavish, opulent life close to home. “Jenkins purchased 38 vehicles over the course of the program, including many Lexus automobiles, a Mercedes Benz, a Bentley and a Porsche…Jenkins spent over $11 million on a Black American Express card alone – approximately $98,000 over the course of the program $50,000 a month program – for a couple who had a legitimate income of approximately $50,000 a year from the bakery. The case at sentencing also found that a significant portion of the stolen funds (approximately $1.2 million) were spent at Neiman Marcus at Northpark in Dallas … The government further offered that the Jenkins at sentencing stopped shopping at Neiman Marcus when Neiman’s ran out of things to sell.”

Finally, Sandy was sentenced to 10 years in federal prison after pleading guilty to counts of mail fraud, one count of conspiracy to commit money laundering and one count of making false statements to a financial institution in May 2014. Sandy’s wife Kay was sentenced to five years probation and 100 hours of community service in May 2015 after pleading guilty to a count of conspiracy to commit money laundering.

The total

In all, on 900 separate occasions, Sandy had embezzled approximately $16.7 million – $114,342 in cash and $16,649,786 in checks – a crippling sum that would have brought down a younger company. Some restitution was made as part of a massive real estate sale on the Jenkins property, resulting in the return of approximately $4 million in stolen funds. The rest were never recovered. But our bakery was determined to learn from this experience and survive.

“The company really braced for embezzlement,” commented Phil Stambeck. Remember, Phil is the former commercial prosecutor we mentioned above. “[The company] committed the cardinal sin of having one person approve the claims and also sign the checks.” But no more, Phil. No more! Over the years we have implemented stricter financial measures to ensure transparency and honesty in reporting. Regular internal audits are conducted to ensure records are accurate. In addition, channels for cross-departmental communication were created to promote openness, clarity and visibility.

“Scars of embezzlement are still visible. You can hear the pain in the way people speak. But there’s still an undeniable glimmer of hope across the office. “

Collin Street Bakery is the ultimate comeback k

,” commented

Thomas McNutt

, Executive Vice Present of Collin Street Bakery.”*100267 *

“Of course we still remember the horrific, horrible theft committed by someone the business loved and trusted. But once the business was financially stabilized by the embezzlement, we started experimenting with many different e-commerce and wholesale initiatives. We teamed up with Amazon Prime, hired some innovative team members and really worked to get our work culture where it should be.”

Not only has our bakery worked diligently to modernize our business and build a supportive, communicative and honest culture, but the public perception of fruitcake has finally changed for the better. “Over the past five or six years, we’ve noticed a shift in the attitudes of our prospective customers,” said Hayden Crawford, VP of Public Relations at Collin Street Bakery. “Today people look at Fruitcake and Collin Street Bakery as something fascinating, a throwback, a throwback to the past and something to be appreciated and enjoyed. So we turned the corner.”

Trust but verify

We all consider ourselves to be skillful, intuitive people intelligent enough to spot a criminal in our case. But if the rising popularity of the true crime genre has proven anything, it’s that anyone can be exploited. Admittedly, that sounds like cynical thinking – an evolutionary shift in the thinking of those caught on the short end of the stick. No one could blame us for learning their lessons. But despite our hard hits, we didn’t allow ourselves to become jaded. We still think that most people are honest and good. The extra legwork we put in is not to catch a crook, but to continually reaffirm our hope and faith in society. People are trustworthy – we know that. We checked the books. Phil Stambeck put it best,

“You want to trust each of your employees, you want to treat them like family, but you also want to verify yourself, and for your own protection. And if you don’t, you run the risk of becoming a victim.”

Try the cake that fueled the scam

We bet you didn’t know there was so much money in the fruitcake business. A bite of our world famous fruitcake will have you singing another song. Try for yourself the fruitcake that fueled our small town scandal. Order our DeLuxe® Fruitcake today!

What happened to Sandy Jenkins after his arrest?

Sandy Jenkins was a suave, mild-mannered, and apparently extremely forgetful accountant who lived in Corsicana, Texas, where he worked for years at the famed Collin Street Bakery (via Texas Monthly). He dreamed of running his own funeral home and owning a sleek, stylish new Lexus while he was struggling at his desk when one day the criminal intuition hit him.

Jenkins began scamming the famous bakery out of money in 2004 and went unnoticed for almost a decade before being caught, fired and arrested in 2013. By the time his fraud became known, he had embezzled over $16 million from Collin Street Bakery. The auditor started slowly, digging into the store’s petty cash but soon writing massive checks and covering his tracks. No one suspected the hooded, shy accountant, and before long the Jenkinses were buying cars, remodeling their kitchens, and taking lots and lots of trips. Casual tales of inheriting money and flipping cars eased most people’s suspicions as to where the money came from, until a colleague finally noticed the discrepancies and linked them to Sandy Jenkins. He was promptly fired, but that was the least of Jenkins’ worries.