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First Liberty Ponzi Scheme legalese brought to light
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First Liberty Ponzi Scheme legalese brought to light
It’s not a big court case that the Securities and Exchange Commission (SEC) needed in order to freeze the assets and begin recovery for the victims of the First Liberty Building and Loan Ponzi scheme. It’s a consent judgment, which means that Edwin Brant Frost IV agreed to that over lengthy litigation. The receiver recently released the court documents of the consent judgment of Michael Brown United States District Judge from July 11. At The C…
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