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Georgia Secretary of State Brad Raffensperger said Bankers Life Advisory Services and Bankers Life Securities have reached an agreement to repay nearly $6.7 million to some of the investors who lost money in the alleged First Liberty Building and Loan Ponzi scheme.

The deal will make 46 investors “whole,” his office said Wednesday, about a third of the known victims of the alleged $140 million Ponzi scheme.

Bankers Life did not know that former financial advisor Timothy Nathaniel Darnell had used his position to attract investors, Raffensperger’s office said, but the bank agreed to contribute money toward the repayment anyway.

Darnell and two others — Randy Hough and Brant Frost V, son of First Liberty founder Brant Frost IV — were the subject of emergency orders after the Secretary of State’s Securities Division opened an investigation into First Liberty in July. The orders can bring civil penalties of up to $500,000, Raffensperger’s office said.

Raffensperger publicly thanked Bankers Life for “acting with integrity,” and he urged other businesses to follow their example and enter negotiations to repay victims.

“Do the right thing. Let’s work together to get these hardworking Georgians their money back,” he said in a statement.

The Secretary of State’s Office urged investors who lost money investing in First Liberty to file a complaint if they have not already done so by contacting the Securities Division at [email protected].