Follow-up story: A tale of trust betrayed at landmark Corsicana Bakery ($17M Embezzlement Case)

[TexasTowelie]

CORSICANA — Everybody in town seems to know about the $16.6 million embezzlement uncovered last June at Corsicana’s landmark fruitcake producer, Collin Street Bakery.

But many residents remain befuddled by the case of Sandy Jenkins, the bakery’s $50,000-a-year corporate controller, who sits in a Dallas detention center charged with 10 counts of mail fraud, which he has denied. He faces a maximum sentence of 200 years in prison and a $2.5 million fine. His trial is scheduled to begin April 7.

Corsicanans are stumped over how the alleged siphoning went undetected for eight years while the accused led a glaringly opulent lifestyle — luxury cars, vacation homes, even a lavish wine collection — in this churchy, plain-cotton community 55 miles southeast of Fort Worth.

Although the headlines have faded, people still seethe over the targeting of the 117-year-old bakery, a mainstay of local civic generosity, not to mention a major source of hometown pride. When residents travel and mention that they hail from Corsicana, there’s instant recognition as the place where a million DeLuxe-brand fruitcakes are produced for Christmas.

More at http://www.star-telegram.com/2014/03/11/5640532/feds-iconic-east-texas-bakery.html?rh=1 .

Related threads:
FBI Searches Home Of Former Collin Street Bakery Official in Corsicana; $17 million allegedly stolen
http://www.democraticunderground.com/107810697
Former Executive for Fruitcake Bakery Indicted
http://www.democraticunderground.com/107812011

[tanyev]

1. I'll tell you one thing, that bakery is a cash cow.

The new second location on the interstate is always crazy busy whenever we take a road trip that way.

[Gothmog]

2. I stopped at the store on 45 in October

It was sad. The store had really declined

[Manifestor_of_Light]

3. Eilenberger's of Palestine is better.

www.eilenbergerbakery.com

They also have nut cakes for those not wild about candied fruit.

[hobbit709]

4. But you have to go to Palestine.

As my wife used to say whenever she went back to see her family, "Making our annual pilgrimage to the Holy Land"
3 days there was about the max she could stand.