Ponzi scheme

Andrew Sorrell, campaign cash, and the quiet shutdown of Stable Revolution

How the state auditor’s consulting firm, PAC finances, disclosure failures, and dissolution expose loopholes rewarding legal compliance while undermining trust.

January 20, 2026

colorful waving national flag of alabama state on a american dollar money background. finance concept

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.

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

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.

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.

July 22, 2025

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.

July 21, 2025