Frost

Frost

businessman United States

Frost is a financial executive accused of defrauding investors out of approximately $140 million through the First Liberty investment firm. Allegations indicate that he misled over 300 investors with false promises of high returns from loans, ultimately running a Ponzi scheme. His lavish lifestyle, funded by investor money, included extravagant purchases like luxury jewelry and expensive vacations, leading to the freezing of his assets by the SEC.

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