Corsicana Daily Sun, Corsicana, Texas

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November 13, 2013

Diamond Sandy: Jenkins’ jewelry bills were out of this world

Corsicana — The criminal trial of Sandy Jenkins, the former Collin Street Bakery controller accused of stealing $16.5 million from the bakery over the course of nine years, has been pushed back to April 7. It was scheduled to begin Monday.

The order pushing back the trial was granted by Judge Ed Kinkeade, who will hear the trial in Dallas federal court.

Jenkins is charged with 10 counts of mail fraud, a federal offense, but if found guilty he faces up to 10 years in prison for each count, as well as the loss of everything he and his family owns. Both the FBI and the bakery continue filing paperwork laying claim to his allegedly ill-gotten gains. The FBI is seeking forfeiture in criminal court. The bakery is suing in civil court in Navarro County.

The legal issues don’t end there. His wife, Kay, has sued Sandy Jenkins for divorce, and has asked for financial support.

According to FBI affidavits filed in federal court, Jenkins wrote 888 checks off the bakery’s bank account to pay his personal debts to American Express, credit cards, mortgage companies, car companies and jewelers. In order to track the money, lawyers for the bakery have issued legal requests for any documents dealing with either Sandy or Kay Jenkins from hundreds of merchants.

Sandy Jenkins was fired on June 21 from his job at the bakery. His salary was $47,500 a year, but FBI affidavits show he was spending about $250,000 a month. His American Express Black card payment was $100,000 a month.

 Jenkins was arrested on Aug. 12, and the FBI has filed reports stating that he spent the intervening seven weeks of freedom traveling between his house on Third Avenue in Corsicana, his second home in Santa Fe, and his daughter’s Austin apartment.

Interestingly, when Jenkins made big-ticket purchases he often split up the amount into monthly payments. For example, on Aug. 21, 2012, he bought a $113,516 diamond ring in a platinum setting and a $52,904 Rolex platinum, both from Bachendorf’s, that with tax came out to $179,712. Jenkins set it up to pay three monthly payments of $59,904 each.

It was also impressive that Jenkins was a bargain shopper, on a very high-end scale, of course. At least one jeweler almost always gave them a 15-percent discount, so that $31,000 Cartier watch Jenkins bought on Sept. 6, 2006, only cost $28,686.

Two days after Christmas of 2012, Jenkins bought a 14-emerald, 196-diamond Gregg Ruth bracelet from Bachendorf’s, along with a $47,320 Claudia Patrick 18-karat white-gold mother-of-pearl watch with eight diamonds. He then returned both items two days later and got a full refund.

Among the big-ticket items is a lot of jewelry, although there’s also an $80,000 piano that the FBI hauled away on Aug. 12, the same day they arrested Jenkins in Corsicana. The feds also got six of the 44 luxury cars they owned over the nine years, trading them in and upgrading frequently.

Three of the jewelers have already responded to the civil case’s demands, turning over dozens of receipts. A sampling of the receipts shows:

May 19, 2005 — A sapphire and diamond ring, $40,593 from Bachendorf’s.

Feb. 11, 2006 — Men’s Ulysse Nardin watch, $10,825, Eiseman.

April 20, 2006 — Two Cartier watches and one Rolex, $43,300, Bachendorf’s. That same day, they also bought three teapots from Bachendorf’s for $984.

Sept. 6, 2006 — Cartier Santos watch, $28,686.

Dec. 17, 2006 — Two Rolex Cellini watches, $28,351, from Eiseman Jewelers in Dallas.

Dec. 21, 2006 — Four Rolexes and a 3-module Briarwood winding box, $44,176, from Eiseman. A winding box is a jewelry box for high-dollar watches that keeps them dust-free and wound.

Dec. 5, 2007 — A Mark VI Bentley watch, $12,340, Bachendorf’s.

Dec. 24, 2007 — Ladies’ Presidential platinum Rolex, $41,000, Eiseman.

Dec. 28, 2007 — Ruby and diamond earrings, with 5.38 carats of Burmese rubies, $95,260, from Eisesman.

July 27, 2010 — A men’s wedding ring with 20 diamonds totaling 4.6 carats was put on layaway at Eiseman for $14,289.

Nov. 9, 2011 — A Christopher-designed ring with a 4.27-carat center diamond in a platinum setting, $100,672; a 34-inch strand of 11-millimeter Akoya pearls with 92 diamonds, $59,537, both from Harry Bock, Co., in Dallas.

Nov. 11, 2011 — An Akoya pearl bracelet, $16,237, also from Harry Bock.

Dec. 5, 2011 — A Rolex 18-karat Yachtmaster with a diamond and sapphire dial, $21,000 with tax, and a Rolex Daytona, $20,567, Bachendorf’s.

Dec. 10, 2011 — Platinum ring with 8-carat diamond, $276,037, Bachendorf’s.

May 5, 2012 — Rolex, $6,137, Bachendorf’s.

June 7, 2012 — an 18-karat pink-gold President Rolex, and a 64-inch-long pearl necklace with sapphire and diamond accents between the pearls, a Rolex with a diamond bezel and pink flower dial, and a Rolex with a diamond bezel “Master,” all of which totaled up to $148,086.

Aug. 21, 2012 — A $113,516 diamond ring in platinum setting, and a $52,904 Rolex platinum, both from Bachendorf’s, $179,712, with tax.

Nov. 10, 2012 — A $50,000 platinum Rolex, $54,125 with tax, Bachendorf’s.

Nov. 12, 2012 — Six-carat diamond stud earrings, $138,560, and a 36-inch 18-karat gold necklace for a total of $150,164, with tax. That same day, he bought a $22,000 platinum setting for a ring, and 6-carat diamond stud earrings in platinum, $138,560, all from Bachendorf’s.

Dec. 4, 2012 — Platinum and gold earrings with two 6-carat emeralds and 16 round diamonds, $28,000 for the pair; and a Shambala bracelet with 2-carat diamonds, $5,352, totaling $36,103, with tax, Bachendorf’s.

Dec. 6, 2012 — Another Shamballa bracelet from Bachendorf’s, $9,638 with tax.

Dec. 15, 2012 — A $27,240 Rolex from Bachendorf’s, $32,410 with tax.

The day that he was fired from the bakery, Jenkins got two cashier’s checks worth $100,000 from his Bank of America bank account, and five days later he got $70,000 more. The next day, he got $25,000 from Century Bank, their Santa Fe bank.

On July 3, the bakery got a temporary restraining order to prevent Jenkins from spending any more money from his accounts, or from using his credit cards.

In early October, it became clear that Sandy Jenkins had given his defense attorney, Brett Stalcup of Addison $295,000 in cashier’s checks and two Rolex watches. The lawyer returned $200,000 to the court along with the two watches.

Stalcup remains Jenkins’ attorney.


Janet Jacobs may be reached via e-mail at Want to “sound off” to this article? E-mail:


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