News

Raffensperger returns $8,400 after learning of First Liberty Ponzi scheme allegations
Federal investigators accuse First Liberty of being a $140 million Ponzi scheme. Secretary Brad Raffensperger told Channel ...
S.E.C. Accuses Prominent Georgia Republican of Running Ponzi Scheme
Edwin Brant Frost IV, a well-known Republican, is accused of defrauding 300 investors of $140 million, and using some funds ...
Georgia Recorder1d
Raffensperger calls for return of donations after Georgia Republican donor accused of Ponzi scheme
The firm has come under fire after federal officials accused founder Brant Frost IV of running a Ponzi scheme and improperly ...
FOX 5 Atlanta on MSN6h
First Liberty Building & Loan Ponzi scheme: SEC receiver speaks on $140M promises
First Liberty Building & Loan is accused of running a $140 million Ponzi scheme, defrauding around 300 investors with false promises.
‘It’s just devastating news’: Georgia investigator begins looking into alleged Ponzi scheme
ATLANTA, Ga. (Atlanta News First) - Secretary of State Brad Raffensperger is urging any political entity that accepted contributions from a Ponzi scheme allegedly run by a prominent Republican to ...
Court-ordered receivers set up website for victims of alleged First Liberty Ponzi scheme
The receiver said his job now is to find out where $140 million went and how to get it back to those investors.
Federal officials say Georgia Republican was running a $140 million Ponzi scheme
Federal officials are accusing Georgia Republican Brant Frost IV of running a Ponzi scheme that defrauded 300 investors of ...
Banker accused in $140 million Ponzi scheme bought a Patek Philippe watch, lavish trips, and racked up millions on his credit cards, SEC says
A politically connected Georgia financier has been accused of running a multi-million Ponzi scheme that was helped along ...
Georgia man accused by SEC of perpetrating Ponzi scheme says he takes 'full responsibility' for his actions
The U.S. Securities and Exchange Commission accuses Georgia man Edwin Brant Frost IV and his First Liberty Building & Loan, LLC, of a Ponzi scheme.
The Daily Hodl2d
Alleged Ponzi Fraudster Fleeces $140,000,000 From 300 Investors After Loan Business Collapse: SEC
The U.S. Securities and Exchange Commission (SEC) says that a Georgia man allegedly defrauded 300 investors in a Ponzi scheme ...
Prominent Georgia Republican Brant Frost IV apologizes for $140M Ponzi scheme as judge freezes assets
A prominent Georgia Republican accused of running a $140 million Ponzi scheme publicly apologized on Friday as a federal ...
The Citizen4d
First Liberty’s Ponzi scheme: the perspective of a victim
First Liberty Building and Loan, a non-bank lending firm based in Newnan, abruptly collapsed on June 27, halting operations and freezing all investor payout ...