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Irotas owners plead not guilty

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They are charged with stealing from employees’ 401K funds

By Lisa King

Two Finchville residents have pleaded not guilty to stealing nearly a half-million dollars in employee benefits from a company they owned in Shelbyville.

William Kiser, 73, and Mary Sue Kiser, 70, owners of the now-closed Irotas Manufacturing Company in Shelbyville, were indicted June 9 on federal embezzlement charges.

The plant was in operation from 1977 to 2009.

The indictment charges that the Kisers embezzled $487,138 from their employees’ profit-sharing plan during a 6-month period, from March through August in 2008.


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The Sentinel-News | circulation@sentinelnews.com | 502-633-2526
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