Guilty Plea By Collin Street Bakery Exec - kcentv.com - KCEN HD - Waco, Temple, and Killeen

Guilty Plea By Collin Street Bakery Exec

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(KCEN) -- The former executive accused of embezzling $16 million from the Collin Street Bakery pled guilty some of his charges in a Federal courtroom.

Sixty-five-year-old Sandy Jenkins pled guilty to one count of mail fraud, one count of conspiracy to commit money laundering, and one count of making a false statement.

Sandy and his wife Kay are accused of embezzling $16 million from the Collin Street Bakery in Corsicana.

They allegedly used the money to bankroll a lavish lifestyle that included a vacation home in Santa Fe, New Mexico, hundreds of pieces of jewelry worth millions of dollars, luxury automobiles, and more than 200 trips on a private jet.

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