Former First Liberty founder charged in federal court over alleged Ponzi scheme
Prosecutors say Edwin Brant Frost IV defrauded at hundreds of investors, including many grassroots Republicans, of at least $140 million before going bust in 2025.
Watch CBS News
Prosecutors say Edwin Brant Frost IV defrauded at hundreds of investors, including many grassroots Republicans, of at least $140 million before going bust in 2025.
Forty-six victims of what was allegedly Georgia's largest Ponzi scheme will get millions of dollars back, according to Secretary of State Brad Raffensperger.
State bars Timothy Nathaniel Darnell from securities activities and imposes a $500,000 penalty, citing alleged violations related to the First Liberty collapse and losses suffered by senior investors.
Edwin Brant Frost V, the son of First Liberty Building and Loan founder and former chairman of the Coweta County Republican Party, was fined $500,000 and could face charges for his role in an alleged $140 million Ponzi scheme
Prosecutors say that the Ponzi scheme led by the financial advisor is likely the largest in Georgia history.
Thirty years after the Olympics brought the world to Atlanta, the city is once again will welcome sports fans during the 2026 FIFA Men's World Cup.
Young soccer players spent part of their day teaching CBS News Atlanta's Daniel Wilkerson the basics of the game ahead of the FIFA Men's World Cup's first match in Atlanta.
With the FIFA Men's World Cup celebrations continuing in Centennial Olympic Park during the hot weather, firefighters and medics want to make sure that people are keep safe and cool.
High temperatures in Atlanta led to a situation where multiple children had to be treated by medics at a local park on Friday.
Georgia's ban on people giving food and water to voters waiting in line at their polling place will stay in effect after a federal judge denied a request to block the law.