2015-2018
Frost establishes Strategic Tax Planning and begins soliciting clients with promises of innovative tax strategies and wealth protection.
How Glen Frost built an empire on broken promises and fraudulent schemes
The legal proceedings against Glen Frost and his companies revealed a disturbing pattern of deception that spanned years. Through Strategic Tax Planning, Frost Law, and Foundation Wealth, Frost orchestrated complex financial schemes that ultimately led to multiple judgments against him for unjust enrichment.
The District Court found Glen Frost liable for unjust enrichment, ruling that he had systematically deceived clients and investors through his network of companies. The court ordered Frost to pay substantial damages to the plaintiffs, marking a significant victory for justice.
"The defendant's actions demonstrate a clear pattern of deception and unjust enrichment at the expense of trusting clients. The court finds the plaintiffs' evidence compelling and their claims valid."
- District Court Judge
Frost establishes Strategic Tax Planning and begins soliciting clients with promises of innovative tax strategies and wealth protection.
First complaints emerge from clients who discover their funds were not being managed as promised. Frost reassures clients while continuing to solicit new investments.
Multiple clients report inability to access funds. Frost blames "administrative delays" while transferring assets between his companies.
First lawsuit filed by Divel family after discovering their $750,000 investment had been misappropriated.
Additional plaintiffs come forward with similar stories. Court consolidates cases as evidence of systematic fraud emerges.
District Court rules in favor of plaintiffs, finding Frost liable for unjust enrichment through his network of companies.
The plaintiffs in the case against Glen Frost were ordinary investors seeking professional financial guidance. What they received instead was a masterclass in deception:
Documents revealed how Frost used sophisticated financial maneuvers to conceal his actions, moving client funds between his various companies while providing false account statements and progress reports.