Former Missouri State University bookstore director Mark Brixey pled guilty to embezzling more than $1.1 million from the university this morning.
Brixey was charged in U.S. District Court Tuesday morning and pled guilty to charges of theft, money laundering and filing a false income tax return. He waived his right to a trial and now awaits sentencing.
Brixey admitted to stealing $1,163,237.39 from MSU during his eight years of employment by setting up a textbook buyback scheme, according to court documents.
Brixey resigned from the university in August of 2012 after auditors discovered that more than $500,000 was missing and $81,000 of cash in Brixey’s desk at the bookstore, according to The Standard’s archives.
MSU President Clif Smart gave a press conference in August of 2012 announcing that Brixey had resigned and that the university suspected him of embezzling funds from MSU.
As part of his plea agreement, Brixey will not be charged with any additional charges and neither will his spouse, also an employee at the university, according to court documents.
Brixey’s sentencing hearing has yet to be set.
The Standard will continue to update this story throughout the day.