Courts & Crime

August 17, 2012 1:44 PM

Former Wolfpack football standout accused in Ponzi scheme

Jim Donnan, a former N.C. State University quarterback in the 1960s and a head football coach at two colleges, has been accused by the Securities and Exchange Commission of conducting an $80 million Ponzi scheme that preyed on college coaches, former players and big-time athletics boosters.

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