Ray William Johnson: True Story Podcast • 7 June 2025

He Stole $16 Million - The Sandy Jenkins story

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Sandy Jenkins, a longtime accountant at Collin Street Bakery in Corsicana, Texas, orchestrated one of the most audacious embezzlement schemes in U.S. history. Between 2004 and 2013, Jenkins exploited his position to siphon nearly $17 million from the bakery by manipulating the company's accounting system. He issued fraudulent checks to pay personal expenses, then altered records to conceal the thefts. The ill-gotten funds financed an extravagant lifestyle.