BongolianJul 12, 2025

Georgia Republican’s Ponzi scheme defrauded people of $140m, say officials. Brant Frost IV’s First Liberty Building and Loan lied to investors about lending high-interest loans to small firms

"A prominent Georgia Republican was running a #Ponzi scheme that defrauded 300 investors of at least $140m, federal officials alleged in a complaint filed on Thursday."

#fraud #Republicans #FirstLiberty #BrantFrost
https://www.theguardian.com/us-news/2025/jul/11/georgia-republican-ponzi-scheme

Georgia Republican’s Ponzi scheme defrauded people of $140m, say officials

Brant Frost IV’s First Liberty Building and Loan lied to investors about lending high-interest loans to small firms

The Guardian
Show threadNonilexSep 10, 2024

#GinniThomas wrote that #FirstLiberty’s opposition to court-reform proposals gave a boost to certain judges. Acc/to Shackelford, Thomas wrote in all caps: “YOU GUYS HAVE FILLED THE SAILS OF MANY JUDGES. CAN I JUST TELL YOU, THANK YOU SO, SO, SO MUCH.”

Shackelford said he saw Thomas’ support as evidence that #judges, who “can’t go out into the political sphere & fight,” were thankful for their work to block #SCOTUS reform.

#law #ethics #ClarenceThomas