Prosecutors: Ex-UGA, Marshall football coach operated fraud sche - Beckley, Bluefield & Lewisburg News, Weather, Sports

Prosecutors: Ex-UGA, Marshall football coach operated fraud scheme

Posted: Updated:
  • Local NewsLocal NewsMore>>

  • Man and woman arrested for making meth with babies in the house

    Man and woman arrested for making meth with babies in the house

    Tuesday, July 29 2014 8:37 PM EDT2014-07-30 00:37:47 GMT
    Deputies with the Mercer County Sheriff's Department arrested two people Monday night, when it was discovered they were making meth with 2 babies in the house. Deputy Horn told us the children are 7 and 18 months old.
    Deputies with the Mercer County Sheriff's Department arrested two people Monday night, when it was discovered they were making meth with 2 babies in the house. Deputy Horn told us the children are 7 and 18 months old.
  • How long should delays last as the Northbound lanes close at the East River Mountain Tunnel?

    How long should delays last as the Northbound lanes close at the East River Mountain Tunnel?

    Tuesday, July 29 2014 7:19 PM EDT2014-07-29 23:19:48 GMT
    Officials warn drivers to expect heavy delays Tuesday night and Wednesday night as the Northbound lanes of I-77 at the East River Mountain Tunnel close down for repairs.
    Officials warn drivers to expect heavy delays Tuesday night and Wednesday night as the Northbound lanes of I-77 at the East River Mountain Tunnel close down for repairs.
  • Will parking be an issue for Saints fans as the State Fair of West Virginia comes to town?

    Will parking be an issue for Saints fans as the State Fair of West Virginia comes to town?

    Tuesday, July 29 2014 7:19 PM EDT2014-07-29 23:19:19 GMT
    Local New Orleans Saints fans continue to watch and enjoy their beloved team as they continue to practice in our area. But as the State Fair of West Virginia grows closer and closer, some are concerned if parking will soon be an issue.
    Local New Orleans Saints fans continue to watch and enjoy their beloved team as they continue to practice in our area. But as the State Fair of West Virginia grows closer and closer, some are concerned if parking will soon be an issue.
ATHENS, Ga. (AP) -

A prosecutor says former University of Georgia and Marshall University 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 May 6 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.

Donnan was the head football coach at Marshall University from 1990 through 1995, where he had a 64-21 overall record, including a NCAA Division I-AA national championship in 1992 and three national runners-up finishes. He moved on to Georgia (1996 through 2000) where he had a 40-19 mark including four bowl victories. In 2009, Donnan was elected to the College Football Hall of Fame.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.