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Jim Donnan accused in Ponzi scheme

Updated: July 18, 2011, 1:13 PM ET
By John Barr | ESPN

ATHENS, Ga. -- Former University of Georgia football coach and ex-ESPN college football analyst Jim Donnan has been accused of making millions of dollars from a Ponzi scheme that also enriched his three children and their spouses, according to documents filed late last week in an Ohio bankruptcy case.

The federal court documents, filed Thursday and Friday, are part of a larger bankruptcy case involving West Virginia-based company GLC Ltd.

Formed in March 2004, GLC Enterprises, ...

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