Georgia GOP Donor Faces $140M Ponzi Scheme Allegations and Legal Actions
TL;DR Summary
Georgia businessman Edwin Frost and his company are under investigation for allegedly running a $140 million Ponzi scheme, misappropriating investor funds for personal expenses and political donations, with authorities freezing assets and seeking restitution.
- Officials probing Georgia GOP donor accused of $140 million Ponzi scheme ABC News - Breaking News, Latest News and Videos
- S.E.C. Accuses Prominent Georgia Republican of Running Ponzi Scheme The New York Times
- Georgia Republican’s Ponzi scheme defrauded people of $140m, say officials The Guardian
- Georgia Republican apologizes for $140M Ponzi scheme as judge freezes assets AP News
- Georgia’s First Liberty Building & Loan hit with lawsuits after collapse AJC.com
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