Alabama Is Now Investigating First Liberty After Ponzi Scheme Allegations Came to Light

State GOP bows to pressure, returns Frost funds

Following pressure from local and state voices in the Georgia GOP, several members of the party have returned funds alleged to have been sourced from the First Liberty Building & Loan Ponzi scheme.

State GOP returns political contributions to court receiver for First Fidelity, an alleged Ponzi scheme

ATLANTA — The Georgia Republican Party has returned money contributed by a family associated with a financial institution that the federal government alleged was a Ponzi scheme. Saying he was not obliged to return the money but felt it was…

Wes Allen asks Alabama recipients of Ponzi scheme funds to return money

Alabama Secretary of State Wes Allen has called for the return of funds received by Alabama Republicans through an alleged $140 million Ponzi scheme. In a Monday press release, Allen called for recipients to return funds from a Ponzi scheme the U.S. Securities and Exchange Commission has accused Georgia investor Edwin Brant Frost IV of running. “I take allegations of financial fraud seriously, especially when that fraud bleeds into campaign fina…

Alabama is now investigating First Liberty after Ponzi scheme allegations came to light

Alabama has now filed its own lawsuit against First Liberty, and its Secretary of State is calling on politicians to return any contributions.

Alabama Secretary of State urges return of contributions tied to alleged Ponzi scheme

Alabama Secretary of State Wes Allen delivers his inaugural address during inauguration ceremonies at the Alabama State Capitol on Jan. 16, 2023 in Montgomery, Alabama. Allen asked state officials on July 21, 2025, to return political contributions received from Edwin Brant Frost IV, a Georgia man accused of a $140 million Ponzi scheme. (Stew Milne for Alabama Reflector)Alabama Secretary of State Wes Allen on Monday called for those who received…

Alabama’s New Utility Commission President Wants to Hear From ‘All Sides’ as She Assumes New Role - Inside Climate News

Cynthia Lee Almond spent four years in the Alabama Legislature and 16 years on the Tuscaloosa City Council before being appointed president of the state’s Public Service Commission.