ATHENS, Ga. (AP) - A prosecutor says former University of Georgia football coach Jim Donnan abused the trust of friends and professional contacts to get them to invest in a fraudulent investment scheme.
Donnan's defense attorney argued Tuesday during opening statements in Donnan's federal trial that the former coach was, himself, a victim of the scheme.
A federal indictment last year charged Donnan and Gregory Crabtree with conspiracy, mail fraud and wire fraud. Prosecutors say the pair ran a scheme through GLC Limited, Inc., a West Virginia-based company that dealt in closeout merchandise.
Authorities have said Donnan convinced high-profile college coaches and former players to invest $80 million in the company, much of which was later lost. Donnan has denied intentionally misleading investors.
Crabtree pleaded guilty to a conspiracy charge last month.

Recent NCAAF Discussions

Advertisement

NCAAF Headlines

More inNCAAF News  

NCAAF Top Stories

Thumbnail Utah Season Win Total Prediction After winning 10 games a year ago will the Utah Utes suffer a setback after going through a transition offensively?
Thumbnail Texas A&M Season Win Total Prediction As recently as a couple of years ago, Texas A&M fans would’ve laughed at the notion of a make-or-break season for Kevin Sumlin. Three straight disappointments,...
Thumbnail Washington Win Total Prediction After losing six times in each of Chris Petersen's first two seasons, are the Washington Huskies a good bet to win more than 9 games in 2016?
Thumbnail Mississippi State Season Win Total Prediction When a player like Dak Prescott comes along, college football devotees simply have to lap up every breathtaking snap. The Mississippi State faithful...
Thumbnail Arkansas Season Win Total Prediction Few teams in college football ended the 2015 season with more momentum than the Arkansas Razorbacks. Now that the word is out, though,...
More inNCAAF Articles  

NCAAF Team Pages

Advertisement