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Place gingersnap cookies in food processor. Pulse until finely crushed. Remove ΒΌ cup crushed cookies and set aside. Add cream cheese and pulse until well-blended.
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Line baking sheet with wax paper. Using a teaspoon, scoop dough and shape into approximately 1-inch balls, rolling between palms of hands to shape. Place cookie truffles on prepared baking sheet. Place shaped cookie truffles in freezer and freeze for 30 minutes.
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Place white chocolate and oil in a microwave safe bowl. Microwave for 30 seconds, stir and return to microwave, heating for an additional 30 seconds. Repeat melting and stirring process until chocolate is melted and smooth.
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Using two forks dip chilled cookie truffles into melted white chocolate until cookie truffle is completely covered. Transfer chocolate dipped cookie truffle to a new baking sheet lined with wax paper. Working quickly, before chocolate starts to set up, sprinkle the top of each cookie ball with a pinch of the remaining gingersnap crumbs.
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Refrigerate prepared gingerbread truffles at least one hour or until firm, before serving. Store left overs in refrigerator.