Los Angeles once featured the largest electric railway system, the Pacific Electric Railway, Red Cars! connecting key regions. However, by 1961, the rise of automobiles led to its demise, shifting the ...

Edwin Brant Frost IV defrauded 300 investors and used some of the money for his personal use, including spending on political donations to Republicans.

The SEC charged First Liberty Building & Loan, LLC and its founder, Edwin Brant Frost IV, with running a $140 million Ponzi scheme.

A prominent Georgia Republican accused of running a $140 million Ponzi scheme has publicly apologized. Brant Frost IV's ...

Federal regulators filed a complaint Thursday seeking the seizure of Georgia lender First Liberty Building & Loan, accusing its founder of operating a Ponzi scheme.

Since at least 2021, First Liberty operated as a Ponzi scheme by using new investor funds to make principal and interest payments to existing investors, according to the complaint. The complaint ...

Federal regulators filed a complaint Thursday seeking the seizure of Georgia lender First Liberty Building & Loan, accusing the financial institution with deep conservative political ties of operating ...

The SEC says the Newnan, Georgia-based company is a Ponzi scheme that defrauded about 300 investors of at least $140 million.

"Farm security is national security. The Department of Justice will continue working to prosecute those who threaten American agriculture, investigate cases of potential agro-terrorism, and protect ...

When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for ...

Asylum ruling: President Trump does not have the power to categorically stop asylum seekers at the southern border, a federal ...