Georgia Man Busted for $140 Million Ponzi Scheme
A Georgia man, Edwin Brant Frost IV, and his company, First Liberty Building & Loan, are accused by the SEC of running a massive Ponzi scheme. The alleged fraud involved around 300 investors and a staggering $140 million. How the Scheme Worked Between 2014 and June 2025, Frost’s company offered investors promissory notes and loan…
