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Georgia Secretary of Advise Opens Investigation into Borrower(s) of the First Liberty Ponzi design. Traders in World Onboard Companions, LLC and Kirk Adams are requested to contact the Secretary of Advise, Securities Division straight away.

On January 30, 2026, Georgia Secretary of Advise Brad Raffensperger appointed Jason Doss as an investigative agent to lead the instruct’s investigation into the First Liberty Ponzi design. The investigation team is already yielding outcomes.

Currently, the agency has formally opened an investigation into World Onboard Companions, LLC and Kirk Adams, belief to be one of the most borrowers and guarantors of the First Liberty Ponzi design. In response to publicly available in the market paperwork filed by the Receiver, Greg Hayes, on or about December 21, 2020, World Onboard Companions LLC entered into a mortgage settlement and borrowed roughly $350,000 from First Liberty. Kirk Adams assured the mortgage.

It has attain to the agency’s consideration that right through this identical interval, Mr. Adams and World Onboard Companions, LLC raised extra cash from traders by soliciting diversified investments promising returns. The investments weren’t registered as securities with the Georgia Secretary of Advise and World Onboard Companions, LLC and Kirk Adams are now no longer licensed in any capability to promote securities, as is required by the Georgia Uniform Securities Act of 2008.

As effectively as, based on preliminary interviews with patrons who invested in World Onboard Companions, LLC, the investments possess now no longer performed as promised and traders danger that they’ve suffered a total loss. Traders are reminded that cloth misrepresentations and omissions made in reference to the sale of securities violates the Georgia Uniform Securities Act of 2008.

The investigative team has identified roughly forty (40) traders in World Onboard Companions, LLC and are contacting them straight away. The team is investigating whether there could be any overlap between the traders in World Onboard Companions, LLC and First Liberty as well to whether World Onboard Companions, LLC and First Liberty are connected schemes. The team is also investigating whether any of the diversified entities/folks who borrowed funds from First Liberty are legit borrowers or fragment of the First Liberty Ponzi design. The Secretary of Advise’s space of job has already despatched preservation letters to a lot of borrowers of First Liberty cautioning them now no longer to ruin any paperwork and communications connected to their loans. The gap of job is also issuing subpoenas to a lot of borrowers seeking paperwork and files connected to their loans and their connections with First Liberty and its founder and proprietor Edwin Brant Frost IV.

The Georgia Secretary of Advise’s space of job is concerned that World Onboard Companions, LLC is most likely a counterfeit investment design that is serene ongoing. All traders in World Onboard Companions, LLC or any diversified borrower of First Liberty are encouraged to contact the Georgia Secretary of Advise’s space of job straight away.

Call the Secretary of Advise Securities Division: 470-312-2640

File a complaint with the Secretary of Advise Securities Division: https://sos.ga.gov/kind/complaint-space of job-secretary-instruct-securities-division

Total Investor Seek for: https://www.surveymonkey.com/r/YXLLD6N