Ex-UGA coach Jim Donnan charged in Pon

Ex-UGA coach Jim Donnan charged in Ponzi scheme
Associated Press

FILE - In this July 18, 2009, file photo, Jim Donnan, former coach at Marshall and Georgia 1990-2000, waves to the crowd after receiving his blazer during the College Hall of Fame pep rally in South Bend, Ind. The U.S. Securities and Exchange Commission is accusing Donnan of orchestrating a Ponzi scheme. The SEC said Thursday, Aug. 16, 2012, that college coaches and former players lost millions of dollars in the $80 million scheme. The regulators say Donnan orchestrated the fraud with his business partner through West Virginia-based GLC Limited.(AP Photo/Joe Raymond, File)

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