Advertisement

 ANN ARBOR, Mich. (AP) -Michigan coach Rich Rodriguez was business partners with a banned Clemson booster in a failed real-estate venture that led to a $3.9 million lawsuit.
Clegg Lamar Greene was part of the deal tied to a federal lawsuit accusing Rodriguez of defaulting on a multimillion-dollar loan tied to a Virginia condo development.
The news site AnnArbor.com first reported the connection late Tuesday.
smetic surgery.
Greene, who lives in Clemson, S.C., faces up to 10 years in prison on each count.
He also was accused in 2000 of providing a $1,300 loan and use of his boat to two Clemson recruits. A university investigation found two minor infractions, and officials disassociated Greene from the football program. Greene was reinstated to the program and later banned again, Clemson associate athletic director Tim Bourret said.
Rodriguez, who was the offensive coordinator and associate head coach at Clemson from 1999-2000, wouldn't discuss his relationship with Greene when asked about it Tuesday on the weekly Big Ten coaches teleconference.
``As mentioned, we have - my financial adviser and his representative - have taken care of that, and I would prefer just to talk about the football and Western (Michigan) and our upcoming game,'' he said.
Rodriguez's agent did not immediately return a message Wednesday.
The lawsuit against Rodriguez - filed Aug. 13 in U.S. District Court in Spartanburg, S.C., and served on Rodriguez at his Ann Arbor office last week - says the coach owes a bank $3.9 million for defaulting on a loan to build condos near Virginia Tech's Lane Stadium in Blacksburg, Va.
Rodriguez said the case won't hinder his Michigan's preparations for the season, which begins Saturday.
``This is something that's ongoing,'' Rodriguez said during the Big Ten call. ``It's not anything that will take our attention away from getting ready for the season.''
Under the corporate name of The Legends of Blacksburg, LLC, Rodriguez and four partners borrowed more than $26 million for the project in September 2007, when Rodriguez was coaching at West Virginia. But as the luxury condo project struggled amid the economic downturn, that amount was amended down to about $3.63 million - the cost of only the land itself, according to loan documents filed with the court.
Mike Wilcox, a Toledo, Ohio-based adviser to Rodriguez, issued a statement Tuesday saying the coach had been the victim of fraud dating back to 2004.
``Coach Rodriguez is the victim of a fraudulent real estate Ponzi scheme that has unfortunately affected many Americans,'' Wilcox said. ``Several other coaches and prominent individuals are involved in this transaction.''
Wes Few, an attorney representing the bank, said his client was the one out $3.63 million.

NCAAF Headlines

More inNCAAF News  

NCAAF Top Stories

Thumbnail Arkansas vs. Texas A&M Prediction Will Arkansas pull off the upset or at least cover the spread when it takes on Texas A&M at AT&T Stadium at 9:00PM ET tonight?
Thumbnail Louisville vs. Marshall Prediction Will Louisville avoid a letdown tonight when the Cardinals visit Marshall at 8:00PM ET?
Thumbnail Oklahoma St. vs. Baylor Prediction Will Oklahoma State and No. 16 Baylor have another typical Big 12 shootout when they meet tonight at...
Thumbnail Nebraska vs. Northwestern Prediction Will No. 20 Nebraska run over Northwestern when the two meet tonight at 7:30PM ET on the Big Ten Network.
Thumbnail Houston vs. Texas State Prediction Will No. 6 Houston face any challenge when it takes on Texas State at 7PM ET on ESPNU tonight?
More inNCAAF Articles  

NCAAF Team Pages

Advertisement