Brant Frost V在140M Ponzi骗局上罚款500K美元;被控滥用资金和规避条例。 Brant Frost V fined $500K over $140M Ponzi scheme; accused of misusing funds and evading regulations.

格鲁吉亚州尼恩南的已故第一自由建筑与贷款公司的联合创始人Brant Frost V被罚款50万美元, Brant Frost V, co-founder of the defunct First Liberty Building & Loan in Newnan, Georgia, was fined $500,000 and referred for possible criminal prosecution over allegations of involvement in a $140 million Ponzi scheme. 格鲁吉亚国务卿办公室指控他没有适当登记、歪曲投资风险、个人从投资者基金中获利,包括至少收到135 000美元的奖金、佣金和每月付款。 The Georgia Secretary of State’s office accused him of operating without proper registrations, misrepresenting investment risks, and personally profiting from investor funds, including receiving at least $135,000 in bonuses, commissions, and monthly payments. 美国证券和交易委员会以前曾就类似指控,包括滥用资金用于奢侈费和政治捐赠,对该公司及其父亲Brant Frost IV提起诉讼。 The U.S. Securities and Exchange Commission previously sued the company and his father, Brant Frost IV, over similar allegations, including misuse of funds for luxury expenses and political donations. Coweta县地方检察官和格鲁吉亚保险专员正在调查此案,迄今只追回大约350万美元。 The case is under investigation by the Coweta County District Attorney and the Georgia insurance commissioner, with only about $3.5 million recovered so far. Frost V的律师否认这项指控, 并说政府没有让他在公布调查结果前得到公平回应。 Frost V’s attorney denies the claims and says the state failed to allow him a fair response before publicizing the findings.