The SEC charged First Liberty Building & Loan, LLC and its founder, Edwin Brant Frost IV, with running a $140 million Ponzi ...

The SEC says the Newnan, Georgia-based company is a Ponzi scheme that defrauded about 300 investors of at least $140 million.

For the latest news, weather, sports, and streaming video, head to WSAV-TV.

The investment opportunity widely promoted on conservative Christian politics podcasts was a Ponzi scheme, according to the ...

U.S. Securities and Exchange Commission filed charges against First Liberty Building & Loan and its founder/owner Edwin Brant ...

Edwin Brant Frost IV, a well-known Republican, is accused of defrauding 300 investors of $140 million, and using some funds ...

Edwin Brant Frost IV defrauded 300 investors and used some of the money for his personal use, including spending on political donations to Republicans.

The receiver said his job now is to find out where $140 million went and how to get it back to those investors.

Federal investigators accuse First Liberty of being a $140 million Ponzi scheme. Secretary Brad Raffensperger told Channel ...

A Georgia financier with long-standing ties to conservative political and media circles has been accused by the SEC of orchestrating a $140 million Ponzi scheme that spanned more than a decade and ...