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Georgia's Brad Raffensperger showcases Ponzi scheme fight as he runs for governor

Georgia's Brad Raffensperger showcases Ponzi scheme fight as he runs for governor

Summary

Georgia Secretary of State Brad Raffensperger announced his office secured a $6.7 million refund for investors who lost money in a Ponzi scheme. He is highlighting this achievement while running for governor of Georgia.

Key Facts

  • Brad Raffensperger is the Secretary of State for Georgia.
  • His office persuaded a securities firm to refund $6.7 million to investors.
  • The refund is related to a $156 million Ponzi scheme.
  • Some victims were prominent figures in Georgia and Alabama Republican politics.
  • Securities regulation falls under the responsibilities of Georgia's secretary of state.
  • Raffensperger is running for the Republican nomination for governor.

Source Information