Newnan Businessman Brant Frost IV Accused of Running $140 Million Ponzi Scheme That Exploited Conservative Trust

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Brant Frost IV, a businessman from Newnan, Georgia, faces allegations from federal regulators of running a $140 million Ponzi scheme through his company, First Liberty Building & Loan. The Frost family had previously gained trust within conservative circles by promoting investments that aligned with Christian values and the MAGA movement, but the fallout from the SEC's accusations has led to a distancing from conservative media figures who once endorsed them. As investors seek to recover losses, the situation raises questions about the accountability of media endorsers in promoting potentially deceptive financial products.