Ex-Shelton exec guilty of embezzling $1.7M from Latex International

By Phyllis Swebilius
Register Staff
BRIDGEPORT — Former Latex International executive Kevin Coleman, 51, pleaded guilty Monday to one count each of wire fraud and tax evasion stemming from his embezzlement of about $1.7 million from the Shelton company, and his failure to file federal tax returns for four years, the U.S. attorney for the District of Connecticut said.
Coleman waived his right to indictment before U.S. District Judge Stefan R. Underhill.

Read the full story here.