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Foundation Regains Embezzled Money (Jun 07, 2012)

STILLWATER, Okla. (AP) - A foundation in Stillwater says it's received $425,000 in restitution from a man who pleaded no contest to embezzling money from the organization.

Prosecutors accused Bradley Stroup of pocketing $425,000 that was donated to the Mya Gonzales Foundation from billionaire oilman Boone Pickens. Board members say the money will pay for therapy and tuition at the Rise School of Stillwater, which serves children with special needs.

Stroup served as the school's chief executive officer. He was charged with embezzlement, racketeering, fraudulently offering the sale of a security and two counts of fraudulent sale of a security.

The Stillwater NewsPress reports ( ) that Stroup pleaded no contest to all charges last month, except for racketeering. Prosecutors dropped that count during plea negotiations.

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