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Ex-Georgia Football Coach (and Motivational Leadership Speaker) Jim Donnan Charged In Ponzi Scheme

August 16, 2012

Jim Donnan is the former coach of the Georgia Bulldogs, College Football Analyst and a Motivational Leadership Speaker. He’s also been charged with running a Ponzi scheme that’s bilked $80 million from former players, college coaches, and others.

I guess Donnan won’t be appearing at any “leadership” conferences anymore in the future.

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8 Comments leave one →
  1. dan permalink
    August 16, 2012 11:39 am

    this is a year old

  2. Speak Your Truth permalink
    August 16, 2012 11:45 am

    Thanks Amthrax for all you do to inform others!

    Doesn’t change the facts, does it dan? Or because it is a “year old” does it make it irrelevant it the big “scheme” of things?

  3. August 16, 2012 11:46 am

    It was a year ago when the story began to unravel. But he’s recently been charged by the US Securities and Exchange Commission.

  4. FiveGrandRUSerious permalink
    August 16, 2012 5:37 pm

    I’m not sure where to ask this or put this comment, so I’m putting it here. I was approached by people from LIFE TEAM. I can smell a scam from a mile away, so I was not fooled, but I listened and didn’t turn them down since I wanted to learn more about the scam. They wanted me to sign up and said that cost is almost $5000. I haven’t seen this cost mentioned anywhere else. I’ve been looking around this website and another website, but it seems like all I can find are sign up costs of like $200 or so. Did these people actually try to rip me off for over and above the cost of this usual scam? I was really intrigued because I couldn’t see how ANYONE would give them $5000 for nothing. Literally, nothing. There was no promise of any money coming back to me, ever. Just that for $5000 I would be allowed to purchase books each month.

  5. August 16, 2012 8:14 pm

    All motivational speakers talk about business and organisations, and they never earn money apart from their own functions and books! It is just like a preist who talks big about god and he makes money only through someone listening to his nonsense wisdom. Amway has hired all these motivational speakers, and biggest lier is Robert T Kiyosaki. He talks about money but he earns only through his talks and no one knows if ever built a pop-and-mom store at least.

  6. August 20, 2012 12:30 pm

    $5000 is really high. Did they give you a breakdown on what you get for that much money?

  7. Speak Your Truth permalink
    August 20, 2012 3:24 pm

    FiveGrandRUSerious ~

    5000 grand? Who was it that told you it cost that and you get “nothing?” They no doubt are running a scam within the scam! Run!

  8. webelieved permalink
    August 20, 2012 7:07 pm

    Wow 5000! Are they nuts?

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