Secretary of State fines Edwin Brant Frost V: $140M Ponzi scheme probe expands

Secretary of State fines Edwin Brant Frost V: $140M Ponzi scheme probe expands

Edwin Brant Frost V faces a $500,000 fine and potential criminal prosecution for an alleged $140 million Ponzi scheme.

Georgia fines former First Liberty principal as part of alleged $140 million Ponzi investigation

First Liberty Building and Loan the day after the Securities and Exchange Commission filed its complaint against the Newnan-based lender. Jill Nolin/Georgia RecorderThe Secretary of State’s Officer has ordered a former principal of the now-defunct lending firm First Liberty Building and Loan to pay a $500,000 fine for alleged investment fraud. Brant Frost V at the Georgia Stand for Life Abortion March, 2025. Ross Williams/Georgia Recorder In an …

Son of First Liberty founder fined and referred for potential prosecution

ATLANTA — A Republican activist and former employee of a family-run financial firm accused of bilking mostly conservative investors out of millions of dollars could face criminal prosecution after the Georgia Secretary of State’s office referred his case to a…

Frostopus Update: SOS Refers Frost V Case To DA. Probe Expanded To Other Companies. Very Little Recovered. – Peach Pundit™

Big news in the Frostopus case today: Georgia’s top securities official has barred a key executive of the collapsed First Liberty Building & Loan from the industry and referred his case to a district attorney for prosecution, dramatically escalating the state’s investigation into the politically connected firm. The filing on Wednesday targeting Brant Frost V, the son of the firm’s founder, intensifies the fallout from an alleged investment schem…

State Fines Frost V $500K in First Liberty Ponzi

Georgia Secretary of State Brad Raffensperger has issued an Emergency Order barring Edwin Brant Frost V from securities activity in Georgia, imposing the maximum $500,000 civil penalty, and referring the case for potential criminal prosecution in Coweta County. The action stems from the collapse of First Liberty Building and Loan, a Newnan-based investment operation that a court determined operated as a Ponzi scheme. Founder Brant Frost IV conse…

Georgia fines former First Liberty principal as part of alleged $140 million Ponzi investigation - Now Georgia

(Georgia Recorder) — The Secretary of State’s Office has ordered a former principal of the now-defunct lending firm First Liberty Building and Loan to pay a $500,000 fine for alleged investment fraud. In an order filed Wednesday, Brant Frost V is accused of selling securities and offering investment advice to First Liberty investors without being licensed to do either, and providing false information to investors about their potential returns. B…