Color commentator Todd Leary arrested before Purdue game

Former IU basketball player Todd Leary was arrested Thursday by IU police on a warrant issued from Allen County, Ind.

Leary, a radio analyst alongside legendary IU broadcaster Don Fischer, faces preliminary charges of “18 counts of misappropriations of escrow funds,” according to the Monroe County Jail. The charges allege Leary improperly transferred about $1.3 million to a bank account he controlled. Court documents also say Leary once worked for a title insurance broker who pleaded guilty in a $2.7 million scheme.

“Leary is currently at Monroe County Jail waiting to be extradited to Allen County,” said Capt. Jerry Minger of IUPD. All of the charges are Class-B Felonies. He was booked in Monroe County Jail at 6:45 p.m. Thursday. The warrant was issued by the Allen County Sheriff’s Department and carried out by University police.

Leary, 39, played at IU from 1989 to 1994, earning a trip to the Final Four in 1992. As a Hoosier, Leary sunk 77 3-point baskets, putting him at 11th place in the IU record books, and he is still in IU’s top-10 for 3-point shooting percentage at .423.