SEC Charges Georgia-Based First Liberty Building & Loan, Alleging Ponzi Scheme

pymnts.com/news/security-and-risk/2025/sec-charges-georgia-based-first-liberty-building-loan-alleging-ponzi-scheme

The Securities and Exchange Commission (SEC) said Friday (July 11) that it filed charges against Newnan, Georgia-based First Liberty Building & Loan and its founder and owner, Edwin Brant Frost IV, alleging that they operated a Ponzi scheme.

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The agency seeks an…

This story appeared on pymnts.com, 2025-07-11 21:00:31.
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