A prominent figure in Georgia ’s Republican circles has been handed a 15-year federal prison sentence for orchestrating a Ponzi scheme that stripped over 300 victims of more than $76 million, according to federal prosecutors.

Edwin Brant Frost IV, 69, entered a guilty plea to wire fraud in May following an inquiry sparked by the downfall of First Liberty Building and Loan in June 2025.

Alongside his prison term, Frost, who offered a public apology for his actions, was instructed to pay back more than $76 million in restitution.

Addressing the court during his sentencing, Frost acknowledged that it was "difficult to be here and to listen" to victim impact statements, The Atlanta Journal-Constitution reported.

"I have messed up a lot of good people's lives," he said.

Chief U.S.…