Ponzi scheme lands former Georgia coach Jim Donnan in legal trouble

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There’s a very bizarre story coming out of Ohio this week as former Georgia coach Jim Donnan has been accused of making millions of dollars off a Ponzi scheme stemming from a company by the name of GLC Ltd. (known as GLC Enterprises upon its foundation in 2004).

Court documents obtained by ESPN state that Donnan and his wife “solicited investments from more than 50 individuals and entities to GLC”, which Donnan reportedly “pitched” as a retail liquidation company and a re-seller of consumer products. In all, Donnan and his family — including Donnan’s children and their spouses — reportedly made roughly $14.5 million from GLC in the form of several “fraudulent transfers” to “James and Mary Donnan or their immediate family members.”

The company, however, filed for Chapter 11 bankruptcy in an Ohio federal court in February. Donnan and his wife then filed for bankruptcy earlier this month. The current operators of GLC filed a lawsuit against Donnan’s children and their spouses Thursday (Donnan’s lawyer, Edward Tolley, claims a suit against Donnan and his wife would be a direct violation of federal bankruptcy law).

Donnan’s role in GLC is currently being disputed in the suit. Tolley confirms that Donnan was an investor of over $5 million in GLC, but denies that his client was ever an officer in the company. Tolley also denies that Donnan knew he was involved in a Ponzi scheme.

Surprisingly, a few high-profile coaches were also mentioned as investors in GLC — Oklahoma coach Barry Switzer, Virginia Tech coach Frank Beamer, Texas State coach Dennis Franchione and Texas Tech coach Tommy Tuberville.

According to the ESPN report, “investors sank nearly $82 million dollars into GLC Enterprises but less than $12 million was spent on inventory and at least $13 million in investor money remains unaccounted for. With dwindling revenues, GLC eventually used money from new investors to pay old investors, which, according to the court documents, constituted a Ponzi scheme.”

Donnan, who is an ex-ESPN analyst, also coached under Switzer at Oklahoma and was the head coach of Marshall from 1990-95 before moving on to Georgia.

Division II, Division III and NAIA title games set while FCS heads into semifinals

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Outside of a thrilling Army-Navy game and the Heisman ceremony, it was an empty Saturday at the highest level of college football.

But no so at the lower levels.

The divisional playoffs are cranked into high gear. Let’s take a brief look at where everything stands in each division.

FCS

Top-seeded and defending champion James Madison needed a last-second field goal to survive visiting Weber State, 31-28, on Friday night, while No. 5 seed South Dakota State routed New Hampshire, 55-14.

On the other side of the bracket, No. 2 seed and winner of five of the last six national titles North Dakota State walloped Wofford, 42-10 in Fargo. No. 6 seed Sam Houston State outlasted upstart Kennesaw State, 34-27, to send the Bearkats into their fifth semifinal game in the last seven years.

Semifinals: No. 5 South Dakota State at No. 1 James Madison — 4:30 p.m. ET Saturday, ESPNU; No. 6 Sam Houston State at No. 2 North Dakota State — 8 p.m. ET Friday, ESPN2.

Division II

No. 4 seed West Florida traveled north and upset top-seeded Indiana (Pa.), 27-17 on Saturday, to send the Argonauts into their first championship game. No. 2 seed Texas A&M-Commerce fended off the option attack of No. 3 Harding (Ark.), 31-17, putting the Lions in their first title game as well.

National championship: No. 2 Texas A&M-Commerce vs. No. 4 West Florida — 6 p.m. ET Saturday on ESPN2 at Children’s Mercy Park in Kansas City, Kan.

Division III

In a similar dynamic to FCS, the defending champion is on a collision course with the traditional champion. In the first semifinal, defending champion Mary Hardin-Baylor (Texas) blanked Brockport (N.Y.), 24-0. The Crusaders will make their third trip to the Amos Alonzo Stagg Bowl, looking to win their second title.

In the other semifinal, Mount Union (Ohio) overcame a 21-10 deficit to beat Wisconsin-Oshkosh, 43-40. The Purple Raiders will play in their 20th Stagg Bowl — all of them coming since 1993, and 19 of them since ’96 — with a shot at their 13th national championship. However, Mount Union has won just — “just” — two national championships since 2009.

National championship: Mary Hardin-Baylor (Texas) vs. Mount Union (Ohio) — 7 p.m. ET Friday on ESPN at Salem Stadium in Salem Va.

NAIA

The NAIA was off this weekend, taking a break in between last week’s semifinals and Saturday’s national championship. Defending champion Saint Francis (Ind.) out-gunned previously-undefeated Morningside (Iowa) 43-36 in the first semifinal, while Reinhardt (Ga.) held off undefeated Southern Oregon, 37-34 in double overtime.

National championship: Saint Francis (Ind.) vs. Reinhardt (Ga.) — 6 p.m. ET Saturday on ESPN3 at Municipal Stadium in Daytona Beach, Fla.

Minnesota lands commitment from 6-foot-8, 395-pound offensive tackle

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P.J. Fleck is going to need a bigger boat.

Minnesota has landed a commitment from the largest recruit on record, as 6-foot-8, 395-pound offensive tackle Daniel Faalele has committed to the Gophers. Faalele made the announcement on his Twitter page on Saturday night.

A 3-star recruit, Faalele is rated as the No. 29 offensive tackle in the country, according to 247Sports. He listed 20 offers, including from the likes of Alabama, Georgia, Michigan and LSU.

As the story goes, Faalele did not find football; football found him. He was discovered by a recruiter from Hawaii working out at a gym in his native Melbourne, Australia. He attended a Michigan satellite camp in Australia and played this season — his first season in pads — at IMG Academy in Bradenton, Fla.

In making the trip from the Land Down Under to the Land of 10,000 Lakes, Faalele will be joined by a pair of IMG Academy teammates in offensive lineman Curtis Dunlap, Jr., and quarterback Zack Annexstad, who also committed to Minnesota on Saturday.

Those pledges now give Minnesota the 26th best recruiting class in the country and the sixth best in the Big Ten — but the No. 1 class in the Big Ten West — in the 247Sports Composite rankings.

Minnesota’s class may not be the best in the country, but it’s among the biggest — both in size (the Gophers have 25 pledges thus far) and stature.

Texas A&M suspends DT Zaycoven Henderson amid felony gun charges

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Texas A&M defensive tackle Zaycoven Henderson was suspended amid multiple felony charges on Saturday.

As detailed by Ben Baby of the Dallas Morning News, witnesses say Henderson pointed a rifle at one person outside College Station’s Campus Village Apartments and threatened to kill two others and allegedly threw the gun out of a fleeing car as police arrived on the scene. The car was later tracked down by College Station officers, who discovered marijuana in the car.

He was charged with aggravated assault with a deadly weapon, tampering with evidence and marijuana possession. The first charge is a second-degree felony punishable by up to 20 years in a prison. The second is a third-degree felony and the third is a misdemeanor.

He was booked into the Brazos County (Texas) jail at 9 a.m. on Sunday morning.

Texas A&M has suspended Henderson indefinitely, which really only lasts one game as the senior from Longview, Texas, was set to close his Aggies career in the Belk Bowl against Wake Forest on Dec. 29 (1 p.m. ET, ESPN).

Henderson made 35 tackles with five TFLs and 2.5 sacks in 12 starts this season. He was honored as a member of Texas A&M’s senior class at the annual team banquet earlier this weekend.

UCLA reportedly hires Paul Rhoads as defensive backs coach

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Chip Kelly has reportedly hired one of the most respected men in the business to his staff. According to a report from Sports Illustrated‘s Bruce Feldman, Paul Rhoads is on his way to Westwood to coach UCLA’s defensive backs.

Rhoads spent the past two seasons at Arkansas, the first as defensive backs coach and the second as defensive coordinator in addition to his duties with the secondary. He’s best known, of course, for his 7-year run as the head coach at Iowa State, where he took the Cyclones to three bowl games and created this viral moment before any of us knew what “going viral” went.

In addition to Arkansas, Rhoads also owns defensive experience at Auburn, Pittsburgh, Iowa State, Pacific, Ohio State and Utah State.

UCLA finished last season ranked 74th in pass efficiency defense, yielding a 57.1 percent completion rate for 7.3 yards per attempt with seven interceptions against 18 touchdowns.