Former Latex International CEO pleads guilty to embezzlement, tax evasion

By Miles Moore, Crain staff (R&PN)

Bridgeport, Connecticut – Kevin Coleman, former CEO of Latex International L.L.C. in Shelton, Conn., pleaded guilty in Bridgeport federal district court to embezzling approximately $1.7 million from the company and evading federal income taxes for four years.

Coleman, 51, pleaded guilty Feb. 27 to one count of wire fraud and one count of tax evasion.

Coleman was CEO of Latex International from November 2005 until he resigned in December 2010, according to the US District Attorney’s Office for the State of…

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