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Widow Says First Liberty Ponzi Scheme Wiped Out Her Life Savings
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Widow Says First Liberty Ponzi Scheme Wiped Out Her Life Savings
A 73-year-old North Georgia widow says she lost her entire $50,000 life savings after investing in First Liberty Building & Loan, the Newnan-based company federal regulators have received a consent judgement for operating a $140 million Ponzi scheme. In an exclusive interview with The Citizen, she asked to use the name “Lou” to protect her privacy. Widowed more than 40 years ago, she worked 34 years in customer service while raising three childr…
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