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Former Indiana University basketball player Todd Leary, who had been their radio reporter for the past nine seasons, has pleaded guilty to fraud. He was arrested after being arrested before the IU-Purdue game in February on a warrant charging him with fraud with real estate funds. Under a plea deal, Leary can cut his three years in prison in half if he pays some $295,000 in restitution before he is sentenced in October.

Court documents show that Leary's former teammate, Brian Evans, cooperated with state investigators to uncover the scheme, according to the Fort Wayne Journal-Gazette.

Leary, 39, of Carmel, was accused of conspiring with former title insurance broker Joseph Garretson, who has been charged in a $2.7 million fraud scheme, between July 2008 and February 2009. The majority of the charges were class C felonies, with penalties of up to four years in prison for each count. (07-16-10)

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