First Liberty had promised returns up to 16% by making high-interest loans to businesses and was at one time pitched on high-profile conservative talk shows.
ATLANTA — About $7 million of the roughly $140 million First Liberty Ponzi scheme in Georgia that targeted conservatives will be returned, Secretary of State Brad Raffensperger said Wednesday.
According to Secretary Raffensperger, a former financial advisor tied to the scheme, Nathaniel Darnell, is accused of using his position to draw in more than 40 investors to the Ponzi scheme acting independently of his role with Bankers Life Advisories and Bankers Life
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