News

Former Mountain Express CFOs say retailer’s sale-leaseback strategy reflected a Ponzi scheme
Gains made from these transactions were used to repay company debts and never resulted in overall financial growth, the two ...
Court-ordered receivers set up website for victims of alleged First Liberty Ponzi scheme
The receiver said his job now is to find out where $140 million went and how to get it back to those investors.
Rough Draft Atlanta on MSN1d
Georgia secretary of state asks politicians to return money from alleged Ponzi scheme
The public reaction to the meltdown of a financial institution connected to Republican politics in Georgia continued Monday ...
FOX 5 Atlanta on MSN1d
Georgia Secretary of State calls for return of campaign funds linked to Ponzi scheme
Georgia Secretary of State Brad Raffensperger urges candidates and political committees to return campaign contributions from First Liberty Building & Loan.
Receivers remove computers, documents from First Liberty after Ponzi scheme allegations
Just a week ago, federal investigators called it an $140 million Ponzi scheme that targeted Conservative media and church ...
The Daily Hodl2d
Alleged Ponzi Fraudster Fleeces $140,000,000 From 300 Investors After Loan Business Collapse: SEC
The U.S. Securities and Exchange Commission (SEC) says that a Georgia man allegedly defrauded 300 investors in a Ponzi scheme ...
Christianity Today2d
‘Georgia’s George Bailey’ Accused of $140 Million Fraud
The investment opportunity widely promoted on conservative Christian politics podcasts was a Ponzi scheme, according to the SEC.
Banker accused in $140 million Ponzi scheme bought a Patek Philippe watch, lavish trips, and racked up millions on his credit cards, SEC says
A politically connected Georgia financier has been accused of running a multi-million Ponzi scheme that was helped along ...