A former longtime defensive coach for the Penn State Nittany Lions is out on bail tonight after being charged with multiple accounts of sexual abuse of underage boys. Also, two more Penn State officials are expected to turn themselves in amid charges of a cover-up.
CBS News correspondent Dean Reynolds reports that for 67-year-old Jerry Sandusky, a jubilant career at Penn State has dwindled to a perp walk and prosecution.
"Jerry's very, very depressed. He's very upset. He's very distraught about the charges, the allegations," said Joe Amendola, Sandusky's attorney.
In a 40-count indictment ending a three year inquiry, Sandusky is alleged to have targeted at least eight boys for sexual advances or assaults over 15 years.
Pennsylvania Attorney General Linda Kelly said: "This case is about a sexual predator who used his position within the university and community to repeatedly prey on young boys."
For 32 years, Sandusky was a top assistant to Penn State's legendary head football coach Joe Paterno, before retiring in 1999.
In 1977, he also founded the Second Mile, an organization for troubled children, that, in his own words, was meant "to mentor them, to provide the means to some sort of life of excellence."
Sandusky denies the allegations against him.
"There is nothing I've ever seen that would lead me to believe he'd do anything of this nature," said Leigh McCauley, a former counselor at Second Mile.
The grand jury said Sandusky's organization gave him "access to hundreds of boys, many of whom were vulnerable due to their social situations."
One said he was assaulted at least 20 times at Sandusky's home and the boy's high school in 2005 or 2006.
In another case, a Penn State graduate team assistant allegedly witnessed a 2002 rape by Sandusky involving a ten-year old boy in a shower at Penn State's football facility.
The assistant told Coach Paterno about it and Paterno is said to have told athletic director Tim Curley, and university official Gary Schultz.
The grand jury found neither man acted on the information, and even downplayed it in testimony. Curley and Schultz have been charged with perjury and failing to inform proper authorities. They're expected to turn themselves in on Monday. Both deny any wrongdoing.
Paterno rleeased a statement late Sunday saying he was shocked and deeply saddened that anyone he knew would do such a thing.