Story perspectives

Christian Investment Scam: Fundraiser Frost Guilty, Victims Lose Millions

5/13/2026

Summary

Story summary

Collapse left faith-based investors betrayed after being marketed as a Christian-aligned alternative.
Georgia political fundraiser Brant Frost IV pleaded guilty to wire fraud in Atlanta federal court.
The SEC sued First Liberty and Frost, alleging they used money to pay others while touting an option promising 13% returns.
Victims such as 77-year-old Thomas Todd, who invested $750,000, say the loss diverted support and a receiver warned most will not recover.

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Story summary

Collapse left faith-based investors betrayed after being marketed as a Christian-aligned alternative.
Georgia political fundraiser Brant Frost IV pleaded guilty to wire fraud in Atlanta federal court.
The SEC sued First Liberty and Frost, alleging they used money to pay others while touting an option promising 13% returns.
Victims such as 77-year-old Thomas Todd, who invested $750,000, say the loss diverted support and a receiver warned most will not recover.