You expect to see politicians working hard to earn donations, but some Republicans in Georgia are scrambling to give them back.
A growing list of politicians and groups who received money from the conservative lending firm First Liberty Building & Loan and its founder, Brant Frost IV, are sending donations back after Frost was implicated in a purported $140 million Ponzi scheme that feds say started around 2021 and scammed 300 investors.
A U.S. Securities and Exchange Commission complaint says Frost donated more than $570,000 of those investor funds to right-wing candidates and groups across multiple states, though the full number could end up being higher, according to the Georgia Secretary of State’s office.
Read this story now for free
To continue reading, sign up for our newsletter and get unlimited access to WABE.org
You can select your preferences for news and local content. We will never share your email address. Learn how your newsletter sign-up will support WABE and Public Media
