A prominent Georgia Republican was running a Ponzi scheme that defrauded 300 investors of at least $140 million, federal officials alleged in a complaint filed Thursday.
The Securities and Exchange Commission on Thursday accused Edwin Brant Frost IV, a high-profile Republican in Georgia, of running a Ponzi scheme that defrauded 300 investors of at least $140 million.
-- The New York Times (@nytimes.com) Jul 11, 2025 at 1:50 PM
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