Leary enters plea of not guilty, surrenders passport

  • 02/11/2010 10:45 am in

We’re a bit late on this one, but Todd Leary, the ex-IU guard and radio commentator who was arrested last week at Assembly Hall on 17 felony charges related to a scheme to misappropriate title funds, appeared in court on Tuesday. A judge entered a plea of not guilty for Leary, according to the Associated Press:

A judge has made a preliminary not guilty plea for a former Indiana University basketball player charged in connection with an ex-business partner’s multimillion-dollar fraud scheme.The plea was entered for 39-year-old Todd Leary of Carmel during an Allen County court hearing Tuesday.

Meanwhile, Rebecca S. Green of the Fort Wayne Journal-Gazette, who has been all over this story, reports that Leary surrendered his passport:

A clean-shaven Leary, 39, of Carmel, stood next to his Indianapolis-based attorney, Ginny Maxwell, in a dark suit with his hands in his pockets as Allen Superior Court Magistrate Robert Schmoll asked him whether he understood the charges.

Allen County Deputy Prosecutor Tim McCaulay asked Schmoll to order Leary to surrender his passport while the case is pending. Schmoll granted the request.

Leary remains free on $60,000 bond.

Filed to:

  • Diesel

    “Maxwell asked that a special prosecutor be appointed in the case because Allen County Chief Deputy Prosecutor Mike McAlexander is listed in court documents as someone who lost money to Garretson’s scheme.”

    That can't be good…..

  • HoosierSmitty

    None of this looks very good for anyone involved. We'll let the judicial system play this thing out because there are always two sides to a story, but for now it appears that Mr. Leary better enjoy his “freedom” while he can.

  • Keep us posted on how this story develops. I'm interested in what happens (mostly because I just really liked the Don/Todd combo on the radio), but not interested enough to track down the information daily. Thanks for your reporting work!

  • MikeinNC

    I fear this has the potential for a really bad outcome…..