Politics· States Newsroom

Conservative lender accused of Ponzi scheme sentenced to 15 years in prison

States Newsroom · October 27, 2026

Edwin Brant Frost IV, the founder of a conservative lending firm in Georgia, was sentenced on Monday to 15 years in prison for his role in running a Ponzi scheme that defrauded investors out of millions of dollars. Frost, a 69-year-old and founder of the now-defunct First Liberty Building & Loan, was accused of…

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Conservative lender accused of Ponzi scheme sentenced to 15 years in prison

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