The Georgia Hour, episode 110: First Liberty Collapse Rocks Georgia

The 2025 col­lapse of First Lib­er­ty Build­ing & Loan, tied to Georgia’s Frost fam­i­ly, has sparked a fed­er­al inves­ti­ga­tion, leav­ing investors reel­ing and rais­ing ques­tions about GOP insid­ers. With ties to Josh McK­oon, Katie Frost’s role in GAGOP lead­er­ship, and past fraud alle­ga­tions, was the par­ty com­plic­it? Explore the fall­out, ques­tion­able FEC fil­ings, and the Frosts’ “Patri­ot econ­o­my” pitch that lured con­ser­v­a­tives. Will 2026 elec­tions face the con­se­quences?

• The col­lapse of the First Lib­er­ty Build­ing and Loan will have 2026 impli­ca­tions. The Frost fam­i­ly have been raised a cer­tain way and that is why they are where they are today. Who will get caught in the net? Could a politi­cian in Geor­gia be used by the Frost fam­i­ly, First LIb­er­ty as a hook? Would you put mon­ey into an orga­ni­za­tion with­out look­ing at the advi­sors of the com­pa­ny. 
• Katie Frost was an over the top sup­port­er of Josh McK­oon. If you were sur­prised when the gov­ern­ment stepped in to shut down First LIb­er­ty, was Josh and oth­ers aware of what was hap­pen­ing. 
• We still don’t have an answer on the triple entry on the Best Guest Media GOP FEC entries. Best Guest Media is a tal­ent man­ag­er for media. Through the chair­man cam­paign there was a team that went through the FEC fil­ings find­ing ques­tion­able entries. We have to believe that Katie Frost uses Best Guest Media paid for by the GAGOP Inc. We know that some­one in the Best Guest Media was tied to the Ted Cruz cam­paign and Katie was tied to the Ted Cruz cam­paign. Katie gets on CNN and was on Fox and Friends this week­end. Katie is the third dis­trict chair and is on the state exec­u­tive com­mit­tee, she is also named the GAGOP finan­cial over­sight chair. She is the daugh­ter that is involved in the First Lib­er­ty who is coop­er­at­ing in the FBI inves­ti­ga­tion where they defraud­ed peo­ple out of mil­lions. Who are the mem­bers of the finan­cial over­sight com­mit­tee? 
• Josh McK­oon was so excit­ed about the endorse­ment by Brant Frost V so Josh appoint­ed Katie to the finan­cial over­sight com­mit­tee.  She was also picked by Josh McK­oon to be the GAGOP nom­i­nat­ing chair. 
• 3 mem­bers of GAGOP Inc exec­u­tive com­mit­tee lost a cou­ple of bucks in the Frost fam­i­ly shady deal. Josh is silent. If any of the three indi­vid­u­als want to set the record straight, con­tact BKP. What is going to be inter­est­ing in the state of GA, is how many on the state com­mit­tee gave their lunch mon­ey to the Frost fam­i­ly for a 13% return. How many unsus­pect­ed del­e­gates. Was there a hook to invest? How many politi­cians gave mon­ey? 
• Fol­low the New­nan paper. They are dig­ging into the sto­ry. Investors reel­ing after col­lapse of GOP-tied Geor­gia Lender. Investors are won­der­ing if they’re going to get their mon­ey back after First Lib­er­ty Build­ing & Loan of New­nan abrupt­ly closed its doors amid state and fed­er­al scruti­ny. While the Frost name wasn’t wide­ly known out­side polit­i­cal cir­cles, the fam­i­ly has long helped pull the GA GOP toward the party’s more con­ser­v­a­tive flank. Brant Frost V is a for­mer vice chair of the par­ty and long­time chair of the Cowe­ta GOP, his sis­ter Katie Frost heads the state GOP’s Third Dis­trict com­mit­tee. Will Josh remove Katie Frost from the GAGOP finan­cial over­sight com­mit­tee? It is time for a full finan­cial inves­ti­ga­tion into the GAGOP. Why would she be picked as the chair? 
• Until a recent rift, both were active in the Geor­gia Repub­li­can Assem­bly, a far right fac­tion that push­es for local par­ty lead­ers to have the final say over which can­di­dates can qual­i­fy as repub­li­cans and engages in a per­pet­u­al war with the GOP estab­lish­ment. A polit­i­cal action com­mit­tee aligned with the group, the GRA PAC, list­ed the same down­town New­nan address as First LIberty’s head­quar­ters and “Brant Frost” as trea­sur­er. 
• This isn’t the first time First Lib­er­ty has faced legal scruti­ny. A 2013 fed­er­al law­suit accused the firm of a pro­longed pat­tern of repet­i­tive gross mis­state­ments, dis­tor­tions and omis­sion of mate­r­i­al fact in order to secure a $450K invest­ment in promis­so­ry notes which was vol­un­tar­i­ly dis­missed. The fact that they have been inves­ti­gat­ed in the past, how did they get peo­ple hooked into this? They brought peo­ple in using Chris­tian­i­ty and trust­ing fash­ion. That is how they got investors. They described them­selves as a way to grow the Patri­ot econ­o­my. 
• The Frost fam­i­ly, who oper­at­ed the New­nan-based pri­vate lend­ing firm, pre­sent­ed them­selves as con­ser­v­a­tive, church­go­ing small busi­ness advo­cates. It sound­ed safe espe­cial­ly with endorse­ments from radio hosts (Erick Erick­son and John Fred­er­icks). This is not ok. This is evil. Erick Erick­son claims to know these peo­ple per­son­al­ly. John Fred­er­icks had Frost on his show all the time. 
• First Lib­er­ty’s Direc­tor of Com­pli­ance inves­ti­gat­ed for fraud before, Jayme Sik­ert pre­vi­ous­ly held a cru­cial role in anoth­er col­lapsed invest­ment com­pa­ny with sim­i­lar­i­ties to First LIb­er­ty. Sick­ert for­mal­ly served as the Nation­al Sales Direc­tor for the Atlanta-based Cor­ner­stone Min­istries Invest­ments, a Chris­t­ian based real estate invest­ment firm that went bank­rupt in 20078 and was then inves­ti­gat­ed. He was also a reg­is­tered rep­re­sen­ta­tive for Well­stone Secu­ri­ties, a tight­ly con­nect­ed bro­ker­age firm affil­i­at­ed with CMI. If you are hir­ing some­one is there a cir­cle of cor­rup­tion that you hire from? When the Frost fam­i­ly brought him on board did he know how to bol­ster the busi­ness mod­el and Sick­ert knew how to make it work? 
• What did Josh McK­oon know? Brant endorsed him, and the sis­ter was ele­vat­ed to com­mit­tees. Mike Crane is a very close fam­i­ly friend to the Frost fam­i­ly. He chaired the 2025 con­ven­tion. Mike Crane was put in place of BKP as first vice chair. Brant was work­ing around the state to remove BKP. Was Mike Crane invest­ed in the Frost fam­i­ly busi­ness. The frost fam­i­ly went after exec­u­tive com­mit­tee mem­bers. They used their polit­i­cal pow­er to manip­u­late every­thing. Did Josh know that Brant Frost was prof­it­ing off of the GAGOP del­e­gates and that it was on the verge of col­lapse. 
• What if a politi­cian threw the hook out for the Frost fam­i­ly? Greg Dolezal, State Sen­a­tor that goes around stop­ping the Boys in Girls Sports. Pos­si­bly he is in for $2M. He is very close friends with Burt Jones. Burt Jones says he did not invest. Every­thing was a mat­ter of trust used to get investors. 
• What do you think…State Rep Tim Flem­ing announces plans to run for Sec­re­tary of State. 
• Shout out for Rick spon­sor­ing the bill and putting up the fight for the chil­dren of GA. The new GA law aimed to stop chil­dren from look­ing at pornog­ra­phy online has put the state leg­is­la­ture in a pub­lic bat­tle with one of the world’s most vis­it­ed web­sites. The adult enter­tain­ment web­site went dark in GA last week when the law took effect after the US
  The Supreme Court upheld a sim­i­lar law in Texas.