FORT WAYNE, Ind. — Former IU basketball player Todd Leary will stand trial July 20 on charges stemming from an ex-business partner’s multimillion-dollar fraud scheme.
Prosecutors say Leary once worked for a title insurance broker who pleaded guilty to several charges in a $2.7 million real estate fraud scheme. Leary faces 17 felony charges, including conspiracy to commit misappropriation and theft.
The most serious charge carries a possible sentence of four to 20 years in prison.
Leary played for Indiana during 1989-94 and was working as an analyst for IU’s radio broadcasts when he was arrested in February.
July trial set for IU basketball commentator Leary
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