TOPEKA | A Topeka businessman and his wife plead guilty to federal charges in the embezzlement of more than $2.6 million from an Emporia manufacturing company, Vektek Inc.
Sixty-two-year-old James Foremsky on Monday pleaded guilty to one count of wire fraud and 57-year-old Susan Foremsky entered a guilty plea to one count of accessory after the fact to wire fraud.
The Foremskys were to have gone on trial in two weeks but pleaded guilty before U.S. District Court Judge Julie Robinson. Sentencing is set for June 29.
James Foremsky was accused of using his position as chief financial officer of Vektek to divert company money to fund the couple's lavish lifestyle.
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Vektek manufactures hydraulic and pneumatic clamping systems for the metalworking, tool and die, and mold industries.