Edwin Brant Frost IV’s Christian reputation helped him solicit more than $140 million from investors.
Christian conservative businessman Edwin Frost IV has pleaded guilty to federal wire fraud after prosecutors accused him of orchestrating a $140 million Ponzi scheme that affected more than 300 investors. Sentencing is scheduled for August ...
The political supporter, who swindled investors out of $140M, apologized for his actions.
The Securities and Exchange Commission has filed charges against Edwin Brant Frost IV, the founder and owner of Georgia-based First Liberty Building and Loan.