A former research executive who was sued by Oklahoma State University after being accused of fraud has now been charged with making a false statement to secure a federally guaranteed bank loan.
The Oklahoman reports that Daniel Keogh was charged Monday with making a false statement to acquire a $3.2 million loan from First Pryority Bank. Keogh is the former contract operator of university-owned Multispectral Laboratories.
Keogh's attorney, Ed Blau, says he's expected to plead guilty. He says as part of the plea agreement, the federal government has agreed to drop its investigation into other allegations against Keogh and not pursue additional charges.
Blau says the charges carry a maximum penalty of five years in prison.
The 47-year-old is scheduled to appear in court Sept. 22.