State board revokes license for Chattanooga’s Jonathan Frost over accounting rule violations

Owner of shuttered firm admits to ‘investment fraud schemes’

Staff file photo / Jonathan Frost has permanently surrendered his accounting license.
Staff file photo / Jonathan Frost has permanently surrendered his accounting license.

Chattanooga accountant Jonathan Frost and his CPA firm, Croft & Frost, have permanently surrendered their accounting licenses to operate in Tennessee after regulators found they failed to deliver promised services and — in part as a result of fraudulent investment schemes — left clients, investors and at least one employee...

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