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Ex-Kentucky basketball director indicted on charges of defrauding athletes

A former Kentucky men's basketball director and NCAA employee has been indicted by a federal grand jury on charges of defrauding professional athletes for nearly $1.3 million, aggravated identify theft and money laundering.

Former Kentucky football player Leon Smith, who owned and operated Lexington-based Legacy Pro Management Group and Legacy Athlete Management, was named in the indictment, according to a copy of the indictment obtained by Yahoo! Sports.

The indictment listed 14 counts of fraud and alleges that Smith misappropriated $1,298,506 in funds from September 2011 through January 2015 from four unnamed professional athletes who used his businesses for various financial services and other assistance, according to Yahoo.