Brant Frost IV was an evangelical powerbroker in Georgia until the case broke open.
NEWNAN, Ga. — The founder of First Liberty Building & Loan, Brant Frost IV, pleaded guilty to a federal wire fraud charge Tuesday in the case involving a $140 million Georgia Ponzi scheme that largely targeted conservative retail investors.
Frost IV, one an influential powerbroker in conservative evangelical politics in the Peach State, will be sentenced by U.S. District Judge May on August 14.
His criminal case was announced less than a month ago by the U.S. Attorney’s Office in Atlanta,
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