Dozens of Victims to Receive $6.7M Settlement in First Liberty Ponzi Scheme

Dozens of victims who lost their money in an alleged Georgia-based Ponzi scheme will receive a $6.7 million settlement.

First Liberty and its owners, Brant Frost IV and Brant Frost V, are under investigation from state and federal authorities. Former Bankers Life financial adviser Nathaniel Darnell was also accused of being involved.

The Secretary of State’s Office said Darnell knowingly misled investors for five years at his job and recruited them into First Liberty.

Read more at WSBTV2