$1 Million Bond Set For Former OSU Quarterabck

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A Franklin County judge set bond for former Ohio State quarterback who has been charged with felony theft.

Art Schlichter’s bond was set at $1 million dollars. That means he has to produce $100,000 to get out of jail.

Franklin County Prosecutor Ron O’Brien pushed for a substantial bond. “I don’t think he’s going to flee the jurisdiction because he surrendered himself, and actually he’s been cooperating. But I have a concern that someone with his background when they’re out of bond that they, or he, may commit some additional offenses,” O’Brien said. O’Brien said he does not think Schlichter has the funds to make bond.

If he does, Schlichter will be ordered to house arrest and must call in daily. He also would be ordered to stay away from the people who have said they were scammed in various so-called investment and football ticket shams.

Schlichter is accused of swindling more than $1 million from Anita Barney of Dublin. She’s the widow of former Wendy’s chairman Robert Barney.

O’Brien said his office has until next Friday to return an indictment.

“We’re supposed to meet with his attorney, Sam Shamansky, on Monday and try and resolve how quickly we can go forward. They intend to try and resolve the case through a plea agreement,” O’Brien said.

The three-time Heisman Trophy finalist has admitted to compulsive gambling. He spent 10 years in prison for gambling-related crimes.

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