First Liberty Building & Loan, with ties to GOP activists, being investigated

First Liberty Building & Loan, with ties to GOP activists, being investigated

Newnan-based First Liberty Building & Loan was founded in 1993 by Brant Frost IV, who along with his son and daughter are fixtures in Georgia’s conser

First Liberty Building and Loan collapses-leaving clients in limbo

First Liberty Building and Loan, a private, non-bank lending firm based in Newnan, has abruptly ceased operations, leaving clients- some of whom have invested tens or even hundreds of thousands of dollars-without promised payments or clear answers. On June 27, the firm posted a statement on its website announcing a complete suspension of operations and investor payments. “Interest payments on existing promissory notes, bridge loan participation …