Updates – First Liberty Building And Loan Seized Friday, June 27

As The Georgia Record reported yesterday, the offices of First Liberty Building and Loan, LLC, in Newnan GA, reportedly ceased operations on Friday June 27th, as a result of action by U.S. Federal authorities involved in looking into the businesses operations.

The company, reportedly owned by Brant Frost IV and family, can be found on the Georgia Secretary of State website.  Filings indicate it was incorporated in 2005 and has been in business until Friday’s closure.

Details are not yet available regarding the SEC’s decision to step and take action against First Liberty.