The SEC charged First Liberty Building & Loan, LLC and its founder, Edwin Brant Frost IV, with running a $140 million Ponzi ...

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

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

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 ...

A prominent Georgia Republican accused of running a $140 million Ponzi scheme publicly apologized on Friday as a federal ...

U.S. Securities and Exchange Commission filed charges against First Liberty Building & Loan and its founder/owner Edwin Brant ...

The investment opportunity widely promoted on conservative Christian politics podcasts was a Ponzi scheme, according to the ...

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

First Liberty Building & Loan is accused of running a $140 million Ponzi scheme, defrauding around 300 investors with false promises.

Edwin Brant Frost IV defrauded 300 investors and used some of the money for his personal use, including spending on political donations to Republicans.

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.