The SEC says the Newnan, Georgia-based company is a Ponzi scheme that defrauded about 300 investors of at least $140 million.

Edwin Brant Frost IV, a well-known Republican, is accused of defrauding 300 investors of $140 million, and using some funds ...

Who is First Liberty founder Brant Frost IV? His family promised investors a “patriot economy” grounded in Christian faith. Authorities say Frost engineered a Ponzi scheme.

The U.S. Securities and Exchange Commission accuses Georgia man Edwin Brant Frost IV and his First Liberty Building & Loan, ...

The BriefThe SEC charged First Liberty Building & Loan, LLC and its founder, Edwin Brant Frost IV, with running a $140 million Ponzi scheme, misleading investors with promises of high returns on ...

A $140 million Ponzi scheme run by a Georgia-based lending firm and its founder defrauded around 300 investors, offering ...

The U.S. Securities and Exchange Commission (SEC) says that a Georgia man allegedly defrauded 300 investors in a Ponzi scheme ...

The Securities and Exchange Commission today announced that it filed charges seeking an asset freeze and other emergency ...

A politically connected Georgia financier has been accused of running a multi-million Ponzi scheme that was helped along ...

ATLANTA (AP) — A prominent Georgia Republican accused of running a $140 million Ponzi scheme publicly apologized on Friday as ...

Federal regulators filed a complaint Thursday seeking the seizure of Georgia lender First Liberty Building & Loan, accusing its founder of operating a 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 ...