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October 25, 2014
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Posted: Tuesday, May 6th 2014 at 3:09pm

Jury seated in trial for former UGA football coach Donnan

By The Associated Press
EMAIL STORY CONTACT EDITOR PRINT
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Jim Donnan (Photo from futuresmag.com)
ATHENS -- A jury has been seated in the trial for former University of Georgia football coach Jim Donnan, who's accused of running a pyramid scheme using relationships of trust to lure investors.

The jury was selected Tuesday.

A federal indictment charged Donnan and another man with conspiracy, mail fraud and wire fraud. Prosecutors have said the pair ran the 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. The money from new investors was continually needed to pay the company's expenses and other investors.

The other man pleaded guilty to a conspiracy charge last month.

Donnan has denied intentionally misleading investors.
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