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Title: Sources: FBI, IRS investigating Donnan Post by: Coach Hank Crisp on August 05, 2011, 08:46:19 AM link (http://espn.go.com/espn/otl/story/_/id/6834410/fbi-irs-investigate-jim-donnan-ponzi-scheme)
The FBI and IRS are investigating an alleged Ponzi scheme that may have involved former University of Georgia football coach. According to court documents, investors sank nearly $82 million dollars into GLC Enterprises but less than $12 million was actually spent on inventory and at least $13 million in investor money remains unaccounted for Donnan, attracted millions of dollars in investments from several high-profile figures from the world of sport. Former University of Oklahoma and Dallas Cowboys coach Barry Switzer, Virginia Tech football coach Frank Beamer, Texas State football coach Dennis Franchione and Texas Tech football coach Tommy Tuberville are among them. 8) Title: Re: Sources: FBI, IRS investigating Donnan Post by: Jamos on August 05, 2011, 09:46:55 AM The message that the FBI and IRS will send to Donnan is the same message that the pilot of the distressed plane told his passengers, " please secure all seatbelts, lean forward putting your head between your legs, pucker your lips and kiss your rear end goodbye".
Title: Re: Sources: FBI, IRS investigating Donnan Post by: cbbama99 on August 05, 2011, 03:31:10 PM link (http://espn.go.com/espn/otl/story/_/id/6834410/fbi-irs-investigate-jim-donnan-ponzi-scheme) The FBI and IRS are investigating an alleged Ponzi scheme that may have involved former University of Georgia football coach. According to court documents, investors sank nearly $82 million dollars into GLC Enterprises but less than $12 million was actually spent on inventory and at least $13 million in investor money remains unaccounted for Donnan, attracted millions of dollars in investments from several high-profile figures from the world of sport. Former University of Oklahoma and Dallas Cowboys coach Barry Switzer, Virginia Tech football coach Frank Beamer, Texas State football coach Dennis Franchione and Texas Tech football coach Tommy Tuberville are among them. 8) "Great pair," says the Bear. 8) Title: Re: Sources: FBI, IRS investigating Donnan Post by: ricky023 on August 05, 2011, 03:37:09 PM A crook needs prayer just like everybody else. I didn't name any names. RTR!
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