Ponzi scheme

Investigations into alleged First Liberty Ponzi scheme continue

The investigations in Georgia mean an Alabama Securities Commission investigation isn’t a “wise use of Alabama taxpayer dollars” yet, the ASC director said.

Chance Phillips

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October 3, 2025

Second subpoenas issued as Ponzi scheme scandal threatens to reach deep into Alabama GOP

Georgia and Alabama officials face scrutiny as Frost’s $140M faith-based fraud ensnares Republican leaders and political networks

Bill Britt

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August 19, 2025

Alabama Securities Commission announces inquiry into alleged Ponzi scheme

The alleged scheme gathered at least $140 million through fraudulent means from 2014 to 2025, impacting around 300 investors, including Alabama Republicans.

Alex Jobin

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July 23, 2025

Wes Allen asks Alabama recipients of Ponzi scheme funds to return money

Wes Allen urged recipients of an alleged $140 million Ponzi scheme to return funds to ensure victims could be made whole.

Wesley Walter

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July 22, 2025

Opinion

Opinion

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A deal that you absolutely should refuse

When politics and religion are used to sell products or lure investors, the results are rarely good. Just ask Alabama's state auditor.

Josh Moon

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July 21, 2025