Prosecutors: Ex-UGA coach Donnan operated fraud scheme - CBS46 News

Prosecutors: Ex-UGA coach Donnan operated fraud scheme

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Photographer: Chris O'Meara/AP Photo Photographer: Chris O'Meara/AP Photo

By KATE BRUMBACK
Associated Press

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.

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