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State investigates firm accused of operating a Ponzi scheme

Summary by Henry Herald
ATLANTA — Georgia Secretary of State Brad Raffensperger has launched an investigation into a company accused of operating a Ponzi scheme that bilked investors while funding political campaigns. The announcement follows a lawsuit filed in mid-July by the U.S. Securities…

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Times-GeorgianTimes-Georgian
Lean Right

Raffensperger launches probe into Ponzi scheme

Secretary of State Brad Raffensperger has launched an investigation into the alleged Ponzi scheme involving First Liberty Building & Loan and its founder, Edwin Brant Frost IV.

·Carrollton, United States
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Henry HeraldHenry Herald
+2 Reposted by 2 other sources
Center

State investigates firm accused of operating a Ponzi scheme

ATLANTA — Georgia Secretary of State Brad Raffensperger has launched an investigation into a company accused of operating a Ponzi scheme that bilked investors while funding political campaigns. The announcement follows a lawsuit filed in mid-July by the U.S. Securities…

·Georgia, United States
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Henry Herald broke the news in Georgia, United States on Monday, July 28, 2025.
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