Georgia Republican’s Ponzi scheme defrauded people of $140m, say officials
Saturday, 12 July 2025 ()
A prominent Georgia Republican was running a Ponzi scheme that defrauded 300 investors of at least $140m, federal officials alleged in a complaint filed on Thursday. The civil lawsuit by the US Securities and Exchange Commission (SEC) said First Liberty Building and Loan, controlled by Brant Frost…
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