US Edition
Ethics officials say Georgia PAC tied to Ponzi scheme illegally sought to influence elections
GEORGIA, JUL 30 – The Georgia Republican Assembly PAC spent over $220,000 without proper registration or reporting to support insurgent Republicans and influence local races, the Ethics Commission said.
- On Wednesday, the Georgia State Ethics Commission filed a complaint against the Georgia Republican Assembly PAC, accusing it of illegally influencing elections by failing to register as an independent committee and spending over $220,000.
- Linked to a broader alleged Ponzi scheme, the PAC was headed by Edwin Brant Frost V, whose father, Edwin Brant Frost IV, is accused of skimming $17 million from First Liberty Building & Loan investors.
- The Georgia Ethics Commission said the PAC failed to disclose spending in Coweta and Meriwether Counties races in Georgia, linked to illegal election influence efforts.
- Amid the ethics complaint, Georgia Ethics Commission Executive Director David Emadi said more charges could be coming, after the SEC sought details of Frost V’s activities at First Liberty.
- State investigators now believe there are more than 300 investors across 10 states, and the Georgia Ethics Commission says additional charges may be forthcoming.
25 Articles
25 Articles
Ethics complaint filed in Georgia over political donations tied to alleged Ponzi scheme
On Wednesday, the Georgia State Ethics Commission filed a complaint against a PAC tied to First Liberty Building & Loan, an alleged Ponzi scheme led by prominent Georgia Republican Edwin Brant Frost IV. The executive director of the Georgia Ethics Commission, George Emadi, wrote in a Wednesday statement that “the ethics complaint filed today represent our initial charges against the Georgia Republican Assembly PAC.” “Our investigation remains on…
Georgia Recorder
alabamareflector.comFirst Liberty-connected PAC is accused of illegally influencing elections in ethics complaint
First Liberty Building and Loan the day after the Securities and Exchange Commission filed its complaint against the Newnan-based lender. Jill Nolin/Georgia RecorderA conservative political action committee associated with the family at the heart of the ongoing First Liberty Building & Loan scandal illegally influenced elections to the tune of more than $220,000, according to a complaint filed Wednesday by the Georgia State Ethics Commission. Th…
Georgia ethics panel alleges First Liberty-linked PAC ‘illegally influenced elections’
ATLANTA — The State Ethics Commission on Wednesday accused a conservative political action committee of 61 violations of Georgia law in a case stemming from the collapse of First Liberty Building & Loan. The Georgia Republican Assembly PAC failed to…
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