Mark Gottfried linked to the Donnan Ponzi Scheme

The Ponzi Scheme that has captured out attention this summer is the one involving David Salinas because, frankly, we aren't as interested in coaches investing their money poorly as we are coaches investing with an AAU coach to potentially land recruits.

But its not the only investigation currently going on in the world of sports.

Former Georgia head football coach and ex-ESPN analyst Jim Donnan is currently being investigated for a Ponzi Scheme that conned investors out of millions of dollars. One of the names involved with Donnan was also involved with Salinas. Billy Gillispie, who lost more than $2 million to Salinas, was also scammed out of as much as $3 million by Donnan.

According to JP Giglio, Mark Gottfried, the new NC State head coach, also invested with Donnan. Court documents indicate that Gottfried had as much as $250,000 invested.

If you are an investment adviser and you aren't a criminal, I'm sure there are plenty of college coaches looking for someone legitimate.