Former OU football star barred from being stockbroker
Thursday, August 25th 2005, 12:30 pm
By: News On 6
OKLAHOMA CITY (AP) -- A former Oklahoma football player is being barred from being a stockbroker in Oklahoma after being accused of stealing money from clients.
State regulators say Adrian Cooper used investors' money to pay personal expenses and to pay other investors in what's called a Ponzi scheme. Regulators say investors have reported more than $750,000 in losses.
Cooper is also under investigation by the FBI and the IRS.
Cooper was a Sooner tight end from 1986 to 1990 and was all Big-Eight in 1990 before playing in the NFL for six years.
He became a stock broker in 1999 and worked for Merrill Lynch until a year ago.