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Sunday May 3rd, 2015 7:51AM

Man accused in investment fraud to be sentenced in Athens

By The Associated Press
ATHENS, Ga. (AP) A man accused of running an investment fraud scheme that lost millions in investor dollars is set to be sentenced. <br /> <br /> Gregory Crabtree of Proctorville, Ohio, is set for sentencing Tuesday in Athens. Crabtree pleaded guilty to a single conspiracy charge in April and faces up to five years in prison. <br /> <br /> Prosecutors accused him and former University of Georgia football coach Jim Donnan ran a fraudulent investment scheme from September 2007 to December 2010 through GLC Limited, a West Virginia-based company dealing in wholesale and closeout merchandise. <br /> <br /> Donnan went to trial in May and a jury acquitted him of all charges. His lawyers argued that he was as much a victim of a fraudulent investment scheme as the rest of the investors.
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