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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 ...
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.
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 ...
FOX 5 Atlanta on MSN1d
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.
SEC accuses Georgia Republican of operating $140 million Ponzi scheme
Edwin Brant Frost IV defrauded 300 investors and used some of the money for his personal use, including spending on political donations to Republicans.
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.
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 Citizen1h
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 ...
SEC Sues Georgia Lender for Running $140 Million Ponzi Scheme
A $140 million Ponzi scheme run by a Georgia-based lending firm and its founder defrauded around 300 investors, offering ...
Forex Factory1d
SEC Charges Georgia-based First Liberty Building & Loan and its Owner for Operating a $140 Million Ponzi Scheme
The Securities and Exchange Commission today announced that it filed charges seeking an asset freeze and other emergency ...
WSAV Savannah on MSN1d
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 ...