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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 ...
Man accused of running Ponzi scheme targeting right-wing organizations taking ‘full responsibility’
The Securities and Exchange Commission charged First Liberty Building and Loan with violating federal anti-fraud laws.
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 Republican apologizes for $140M Ponzi scheme as judge freezes assets
ATLANTA (AP) — A prominent Georgia Republican accused of running a $140 million Ponzi scheme publicly apologized on Friday as ...
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.
FOX 5 Atlanta on MSN2d
SEC charges Georgia lending firm in $140M Ponzi scheme
The SEC charged First Liberty Building & Loan, LLC and its founder, Edwin Brant Frost IV, with running a $140 million Ponzi scheme.
Financial Advisor2d
Georgia Banker Accused Of $140M Ponzi Scheme That Preyed On Conservatives
A Georgia financier with long-standing ties to conservative political and media circles has been accused by the SEC of orchestrating a $140 million Ponzi scheme that spanned more than a decade and ...
SEC charges closed lending co. with defrauding about 300 investors in Ponzi scheme
The SEC says the Newnan, Georgia-based company is a Ponzi scheme that defrauded about 300 investors of at least $140 million.
The Bulwark3d
A(nother) Major Blow to Conservative Media
FOR TALK-RADIO HOST HUGH HEWITT, Georgia financier and state Republican power broker Brant Frost IV was like a cinematic hero ...
The Atlanta Journal-Constitution2d
SEC accuses Georgia lender First Liberty of $140M Ponzi scheme
Federal regulators filed a complaint Thursday seeking the seizure of Georgia lender First Liberty Building & Loan, accusing its founder of operating a Ponzi scheme.
WSAV Savannah on MSN2d
SEC: GA-based company and owner charged in Ponzi scheme
Since at least 2021, First Liberty operated as a Ponzi scheme by using new investor funds to make principal and interest payments to existing investors, according to the complaint. The complaint ...
Banker accused in $140 million Ponzi scheme bought a Patek Philippe watch, jaunts to Kennebunkport, and put millions on his credit cards, SEC says
The Securities and Exchange Commission has accused Edwin Brant Frost IV and his private lending company First Liberty Building & Loan with allegedly presiding over a sophisticated $140 million Ponzi ...