UPDATED: Thursday, March 13, 2014 - 8:59pm
DALLAS, TX — A federal grand jury has indicted the former Collin Street Bakery Comptroller and his wife on embezzlement charges.
Sandy and Kay Jenkins were indicted on 22-counts of various money laundering, making a false statement to a financial institution, and other embezzlement related charges.
In September last year, Sandy Jenkins was indicted on ten federal counts of mail fraud. An arrest affidavit says Jenkins used his check-writing authority to write nearly 900 false checks from 2005 to June 2013, in order to steal money from the Corsicana-based bakery. That money, the indictment claims, was used to buy Jenkins a second home, luxury vehicles, jewelry, wine, and other things.
Wednesday's indictment alleges Kay worked with Sandy to "combine, conspire, confederate, and agree with each other to commit certain offenses against the United States, to wit, to knowingly engage and attempt to engage in monetary transactions by, through, or to a financial institution, affecting interstate and foreign commerce, in criminally derived property of a value greater than $10,00, that is funds unlawfully embezzeld by Sandy Jenkins from the bakery."
Jenkins was arrested on August 12, 2013. He appeared before a magistrate Tuesday, August 13 and was ordered to remain in custody.
In late July, the bakery successfully won an injunction that prevents Jenkins and his wife to transfer or use their assets.
Earlier this month, a judge allowed Jenkins to list his Corsicana house for sale.
Kay Jenkins is expected to surrender herself to authorities and make her first court appearance on March 18. Sandy Jenkins has already pleaded not guilty to the charges brought against him.