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

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Federal officials are accusing Georgia Republican Brant Frost IV of running a Ponzi scheme that defrauded 300 investors of $140 million. The Securities and Exchange Commission filed a federal ...

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 ...

Federal regulators filed a complaint Thursday seeking the seizure of Georgia lender First Liberty Building & Loan, accusing the financial institution with deep conservative political ties of operating ...

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