Croft and Frost accused of defrauding investors of about $50 million

Contributed photo / Accountant Jonathan Frost and his partner, Paul Croft, are named in a new lawsuit by investors seeking class action status.
Contributed photo / Accountant Jonathan Frost and his partner, Paul Croft, are named in a new lawsuit by investors seeking class action status.

Chattanooga accountant Jonathan Frost and his CPA firm, Croft & Frost, are accused of defrauding investors of about $50 million to prop up his other businesses and maintain an extravagant lifestyle, according to a Cook County, Illinois, lawsuit.

A

Upcoming Events