SEC charges Georgia’s First Liberty Building & Loan and owner in 0M Ponzi scheme

SEC charges Georgia’s First Liberty Building & Loan and owner in $140M Ponzi scheme

Leave a Comment / crypto, Featured, First Liberty, Legal, Ponzi Scheme, Regulation, SEC /

The U.S. Securities and Exchange Commission (SEC) has filed civil charges and sought an emergency asset freeze against First Liberty Building & Loan, LLC, a lending institution based in Newnan, Georgia, and its founder and owner, Edwin Brant Frost IV. The SEC alleges that the firm and its owner orchestrated a Ponzi scheme that defrauded […]

SEC charges Georgia’s First Liberty Building & Loan and owner in $140M Ponzi scheme Read More »