Penn State to collect $733K from Sandusky's defunct charity

FILE - In this Nov. 2, 2011 file photo a sign for The Second Mile charity is seen outside the organization's headquarters in State College, Pa. Penn State stands to collect hundreds of thousands of dollars from the defunct charity for children founded by Jerry Sandusky to settle claims that were never fleshed out in a civil lawsuit. (AP Photo/Genaro C. Armas)

FILE - In this Oct. 29, 2015 file photo Former Penn State University assistant football coach Jerry Sandusky, center, arrives at the Centre County Courthouse for a hearing about his appeal on his child sex-abuse conviction, in Bellefonte, Pa. Penn State stands to collect hundreds of thousands of dollars from the defunct charity for children founded by Sandusky to settle claims that were never fleshed out in a civil lawsuit. (AP Photo/Gene J. Puskar, File)