CBS News reports:Former University of Colorado Boulder administrator arrested for alleged theft, embezzlement and misconductA former administrator at the University of Colorado Boulder is facing multiple charges after an investigation by the school found that he stole thousands of dollars. In July, CU Boulder Athletic Director Rick George told the university’s Department of Internal Audit that he had concerns about financial misconduct by Cory Randall Hilliard, who administered the university’s Nike Elite Program. The university’s audit department reviewed financial records, interviewed members of the athletics department and analyzed transaction histories from Hilliard’s Nike Elite account. The school says the CU Boulder Police Department also assisted in the investigation and worked with the Boulder County District Attorney’s Office. Following the criminal investigation into the allegations, the district attorney’s office charged Hilliard with theft, embezzlement of public property and first-degree official misconduct.