CORSICANA, Texas -- The Collin Street Bakery in Corsicana, world famous for its fruitcakes and cookies, may now be known for something it's not so proud of.

Wednesday morning, FBI agents raided the home of their corporate accountant, who is accused of helping himself to more than $16 million of the bakery's financial treats.

Sandy Jenkins and his wife, Kay, enjoyed the good life. Luxury travel, exotic vacations, a driveway full of expensive cars.

Jim Polk noticed. He lives across the street.

And I'm looking at cars that are $100,000 to $200,000 and I'm thinking, 'My God, he must have hit the lottery', Polk said. A schmuck working for Collin Street Bakery doesn't make that kind of money.

But Jenkins was no schmuck. He was the corporate accountant and played a key role in helping the world famous bakery expand and grow.

All of that stopped last month when an assistant discovered a company check made out to an unfamiliar bank. The more she dug, the more she discovered that thousands upon thousands - ultimately $16 million - were allegedly being diverted to pay for Jenkins' extravagant lifestyle.

He was fired.

John Crawford, director of the Collin Street Bakery, said Jenkins was well loved and trusted, and the last person he would suspect of embezzling funds.

Sixteen million is a bunch of money -- I wish we knew how it happened, Crawford said. It's just one of those things that happened, and all of a sudden, you are aware of it.

The bakery is suing Jenkins to get the money back. Early Wednesday, the FBI came calling at his home.

I was mowing the yard when they pulled up at 6:30 yesterday morning, Polk said. The were buzzing around like a bunch of bees in a hive.

They seized computers, cars, and documents, but not Jim and Kay. The couple was gone.

In fact, neighbors say they vanished about three weeks ago. Their house at night is dark, like the corner office at the corporate offices where Jenkins once dreamed of the good life.

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