Two former employees of Summit Technologies in Edmond are accused of siphoning $1.4 million from the company over a four-year span, allegedly funneling company money into designer handbags, jewelry and down payments on luxury cars. Arrest warrants for the pair were issued on September 3, but as of Wednesday, no arrests had been made and no formal charges had been filed against either man.
According to court documents cited by KFOR, the two men allegedly embezzled the funds between January 2018 and December 2022 using Summit Technologies company credit cards. The Oklahoma County District Attorney's Office and the Oklahoma State Bureau of Investigation are both investigating the two former employees, who court documents say were in a relationship with one another. One man worked at Summit Technologies from 1997 to 2022, while the other was employed there from 2006 to 2022, giving both men decades of institutional access before the alleged scheme was uncovered.
Records reviewed in the case detail large purchases from Louis Vuitton and Cartier, along with down payments the pair allegedly made toward a Land Rover, a Porsche and a BMW. The alleged embezzlement also reportedly covered trips to Las Vegas and Florida, and both men are accused of using their positions to inflate their own pay and to pay off personally owned credit cards through company accounts, per the same KFOR report. Summit Technologies' owners told the station they are unable to comment because of advice from their attorneys.
A Familiar Pattern of Unchecked Access
A Familiar Pattern of Unchecked Access The lengthy tenure of both accused employees is a fact noted in the account of the Summit Technologies allegations.
Edmond itself has seen a string of similar cases in recent years. In March 2024, a former city employee was charged with embezzling more than $20,000 from Edmond, according to KOCO-TV. The source does not mention a resignation or audit.
Referenced Cases Lack Detail
Referenced Cases Lack Detail The available sources do not provide details about the cases referenced in the article.
Under Oklahoma law, the article discusses the classification and penalties that may apply to embezzlement, but the provided sources do not include the statutory text or penalty information. The article also discusses a statutory definition of embezzlement, but the provided sources do not quote or summarize it.
State Investigators Building Capacity for Complex Cases
State Investigators Building Capacity for Complex Cases The Oklahoma State Bureau of Investigation is investigating the Summit Technologies inquiry. The article does not establish whether any specialized unit was created or whether Senate Bill 1859 was involved. The alleged conduct described in the case spans several years and involves multiple transactions.
The Summit Technologies case is discussed alongside other Oklahoma cases. The article also references other Oklahoma cases, but the available sources here do not provide further details.
No arrests had been made in the Summit Technologies case as of Wednesday. The allegations against the former employees have not been established as fact.
