HUGO, Okla. (KXII) -- The former Choctaw Electric Co-Op chief executive accused of embezzlement agreed to a plea deal Thursday in Choctaw County Court.
Terry Matlock, 54, pleaded no contest to a lesser charge - one count of fraudulent alteration of corporate records.
He was sentenced to 30 days in county jail and was ordered to repay $54,000 in restitution.
The former executive had faced 11 counts of embezzlement and one count of engaging in a pattern of criminal offenses.
He was fired in 2014 for having Co-Op employees to do work on his private property and using the Co-Op's credit card for more than $70,000 in personal purchases.