Brant Frost IV, a Georgia Republican, allegedly ran a Ponzi scheme that defrauded 300 investors of $140 million, misrepresenting the business to finance previous investors' returns.
Jia Yueting's return as co-CEO comes three years after a fraud investigation, showcasing Faraday Future's ongoing internal struggles amidst its ambitions in the EV market.
In a Nov. 7 report to SEC commissioner Greg Sankey, Texas athletic director Chris Del Conte said the school "reviewed all available video and other sources of information" to try to find the disruptive fans. "Despite our best effort, we have not been able to identify the individuals at issue. We will take action if new identifying information comes to light," Del Conte wrote.