Georgia Republican Donor Gets 15 Years in $76 Million Ponzi Scheme
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What the source said
“Georgia Republican Donor Gets 15 Years in $76 Million Ponzi Scheme”
Federal prosecutors said Edwin Brant Frost IV lured investors with promises of high returns, but used new money to pay earlier investors and fund personal expenses.
Read at The New York Times – U.S.Reported by one source so far. It is confirmed when a second, independent source reports the same thing.