linkThe 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.