Ex-Frontier Holdings CEO Fights $6.8M Restitution

Law360, New York (March 12, 2012, 1:04 PM EDT) -- The imprisoned former CEO of Frontier Holdings Inc. implored a Georgia federal judge Friday to vacate a $6.8 million restitution order for an alleged investment fraud scheme, saying he never dealt with several individuals identified as victims.

Jeffrey Wallace Edwards was sentenced in December to nine years in prison followed by three years of supervised release on charges he used Frontier to scam investors out of $7.4 million. Edwards has since appealed the decision to the Eleventh Circuit.

On Friday, he asked the court to vacate...
To view the full article, register now.




Case Information

Case Title

USA v. Edwards et al

Case Number



Georgia Northern

Nature of Suit

Date Filed

May 6, 2009

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.