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Iowa State's David Sims Arrested For Financial Antics

Just in time for the Cyclones' media day, 2009's team interceptions leader David Sims has been charged in Ames with unauthorized use of a credit card:

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The charge, an aggravated misdemeanor, may be punishable by up to two years in jail and may include a fine between $625 and $6,250 under Iowa law.
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Does the Big 12 Defensive Newcomer of the Year award mean nothing anymore? Sims has already been relieved of his co-captaincy and suspended, but according to his coach, a Cyclone he shall remain:

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“Even with a worst-case scenario, he’s going to be on the team,” Rhoads said. Sims’ status for the Sept.2 season opener against Northern Illinois at Jack Trice Stadium is uncertain.
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Be careful what you wish for, coach. That search warrant was sealed, and the "items" recovered by police from Sims' home unnamed. How would you feel committing sight unseen to a future for a kid who could have been running a puppy mill out of his apartment, or bootlegging Justin Bieber albums for the entire athletic department?