ADVERTISEMENT

Waseca Man Embezzlement Sentence



Bridgeport, CT (KMKO)-A Waseca man was sentenced yesterday to nearly six years in prison for embezzling about $1.7 million in what prosecutors said was a scheme to pay for "an absurdly extravagant lifestyle."  Kevin Coleman, a former chief executive of mattress manufacturer Latex International, was sentenced in federal court in Bridgeport, Connecticut to 70 months in prison. Coleman pleaded guilty to single counts of wire fraud and tax evasion in February.  He was also ordered to pay more than $1.7 million in restitution to the company, and to pay more than $1.3 million in back taxes, penalties and interest.

Filed Under :  
Topics : Law_Crime
Social :
Locations : BridgeportConnecticut
People : Kevin Coleman