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Cases / Investment funds & advisory

GLC Limited

Jim Donnan, Gregory Crabtree

ReportedAug 16, 2012
LocationAthens, GA
Amount$80,000,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
GLC Limited
Industry
Wholesale liquidation merchandise (buying retailers' excess inventory)
How investors were recruited
Former college football coach used coaching and sports contacts, including former players
Pitch & red flags
returns of 50 to 380 percent; "Your Daddy is going to take care of you"; "if you weren't my son, I wouldn't be doing this for you"

Pitch phrases from this case

Source

SEC official

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