Friday, July 11, 2025

Georgia Republican Accused of Running Ponzi Scheme

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.

Posted by reinheitsgebot at 08:31 PM | 4 COMMENTS | permalink

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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.

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-- The New York Times (@nytimes.com) Jul 11, 2025 at 1:50 PM

Comments

Another crooked Republican. They must grow on trees.

Brant Frost IV is tomorrow's pardon.

Original SEC complaint: www.sec.gov

#1 | Posted by C0RI0LANUS at 2025-07-11 04:31 PM

Republican ... must grow on trees.

Like a parasitic vine that chokes and kills the tree.

Yes. Agreed.

#2 | Posted by ClownShack at 2025-07-11 05:31 PM

Any minute now this crook will describe himself as a Christian, and immediately those around him will commence to duck and dive, lest they also be struck by lightning sent by God, in her wrath ...

#3 | Posted by catdog at 2025-07-12 10:32 AM

He needed a lot of funds to pay for a Trumpy autopen pardon.

#4 | Posted by donnerboy at 2025-07-12 02:11 PM

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