The U.S. Securities and Exchange Commission accuses Georgia man Edwin Brant Frost IV and his First Liberty Building & Loan, LLC, of a Ponzi scheme.

Kentucky investors sue three banks after Brian McClain's $100 million cattle Ponzi scheme was uncovered following his suicide, with only 10,000 of claimed 88,000 cattle found.

ATLANTA (AP) — A prominent Georgia Republican accused of running a $140 million Ponzi scheme publicly apologized on Friday as a federal judge ordered his assets frozen and appointed a receiver ...

A prominent Georgia Republican accused of running a $140 million Ponzi scheme has publicly apologized. Brant Frost IV's apology comes as a federal judge froze his personal and corporate assets ...

The suit alleges Everett -based Water Station Management misappropriated $100 million in funds raised in a 2022 bond sale to pay early investors and lenders — like First Fed — when they were ...

NEWNAN, Ga. (AP) — 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. The ...

Retired NFL Pro Bowler and Carolina Panthers legend has filed a lawsuit after losing nearly $3 million in a real estate Ponzi scheme.