The Ponzi Scheme and Former Coach Jim Donnan

“According to the court documents, Donnan and his wife Mary “solicited investments from more than 50 individuals and entities to GLC” and made commissions ranging from 15 percent to 20 percent for any new investments solicited.” – ESPN

Ladies and Gentlemen, chances are that any investment that pays 15 – 20 percent commission to the seller is a bad investment.

About Christopher Hessenflow

Christopher Hessenflow is a financial planner in the Chicago area. He works with all sorts of people who are much more interesting than he is. He enjoys his career which lends him time to think and, sometimes, be creative. Chip was born bald.
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