Alabama politicians should return donations tied to $140 million Georgia Ponzi scheme, election chief says

Alabama Secretary of State Wes Allen on Monday called for those who received political contributions from a Georgia man accused of running a $140 million Ponzi scheme to return them.

At least three elected Alabama Republican officials over the last four years received contributions from Edwin Brant Frost IV, an investor whose family is influential in the Georgia Republican Party, and his investment entities, which have been accused of raising funds through fraudulent means.

“I take allegations of financial fraud seriously, especially when that fraud bleeds into campaign finance. I encourage any Alabamians who have been involved to cooperate fully with law enforcement, including the SEC and our Alabama Securities Commission, to ensure that the victims who have been misled may be made whole,” Allen said.

The Alabama Secretary of State’s Office oversees campaign finance reporting but does not have the power to investigate or prosecute alleged violations of the law or compel the return of contributions.





https://www.al.com/politics/2025/07/alabama-politicians-should-return-donations-tied-to-140-million-georgia-ponzi-scheme-election-chief-says.html