Published On: Thu, Sep 17th, 2015

Fruitcake company exec punished for wild embezzlement

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(NEWSER) – A former comptroller at Collin Street Bakery in Corsicana, Texas—famous for its fruitcakes—will have to go without as he spends the next 10 years behind bars. Prosecutors say Sandy Jenkins, 66, ran “a massive scheme to defraud” the bakery and forged 888 checks from December 2004 until he was eventually fired in June 2013. “During that time, he embezzled more than $16 million from the bakery, and he and his wife, Kay Jenkins, used that money to bankroll a lavish lifestyle,” prosecutors say. Care to get a taste? It involved 223 trips on private jets to places like Aspen and Napa; a second home in New Mexico; a new car whenever they needed an oil change; $11 million charged on a single Black American Express card; and $1.2 million spent at a Neiman Marcus in Dallas, where Sandy and Kay were known as “Fruitcake” and “Cupcake,” respectively, per the Courthouse News Service and Corsicana Daily Sun.

Source: Fruitcake Exec Punished for Wild Embezzlement

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