Fed­er­al offi­cials have exposed Geor­gia Repub­li­can Brant Frost IV for alleged­ly run­ning a $140M Ponzi scheme through First Lib­er­ty Build­ing & Loan, defraud­ing 300 investors, as detailed in an SEC civ­il law­suit filed July 10, 2025. The scan­dal impli­cates the Frost fam­i­ly, includ­ing Brant V and Katie Frost, who held key GAGOP roles, with Katie chair­ing the 2025 State Con­ven­tion nom­i­nat­ing com­mit­tee that reelect­ed Chair­man Josh McK­oon, amid alle­ga­tions of a rigged process. Claims swirl that the con­ven­tion sup­pressed can­di­dates, and restrict­ed del­e­gate access via NDAs. Rumors sug­gest First Vice Chair Salleigh Grubbs invest­ed in First Lib­er­ty and pushed Brant Frost’s 2022 cam­paign. The GAGOP’s removal of BKP in 2024 for vot­ing-relat­ed civ­il actions, alleged­ly to pro­tect fundrais­ing, adds to cor­rup­tion con­cerns. As the Frosts spent lav­ish­ly despite insol­ven­cy, ques­tions arise about com­min­gled funds and GAGOP com­plic­i­ty, with poten­tial nation­al impli­ca­tions for the GOP ahead of 2026 elec­tions. A foren­sic audit is demand­ed to uncov­er the extent of the fraud’s impact.

  • Fed­er­al offi­cials say a promi­nent Geor­gia repub­li­can was run­ning a $140 mil­lion Ponzi scheme. This will mush­room into a nation­al sto­ry. Now in 2024 they had to remove BKP for some civ­il actions in vot­ing because it would hurt the fundrais­ing of the GAGOP. They had to get rid of BKP from the GAGOP. Remem­ber dur­ing the cam­paign for the re-elec­tion of Josh McK­oon, BKP would say that some­thing was wrong with the all 9 con­gress­men of Geor­gia endorsed Josh McK­oon. 
  • Now don’t think that Brant V and Katie are off the hook. The civ­il law­suit is nam­ing Brant Frost IV because that is the make up of the com­pa­ny. The Frost nev­er had their own mon­ey. Frost is alleged to have tak­en more than $19M of investor funds for him­self. Even as the busi­ness was going broke they were spend­ing $$$. Every­thing they did as a last cam­paign as they were broke, they were being inves­ti­gat­ed. It didn’t hap­pen just two weeks ago. Every­thing was rigged in our 2025 Con­ven­tion. The GA GOP is as cor­rupt as you can get. Katie Frost lord­ed over keep­ing can­di­dates off the bal­lot. They played a role in the NDA to keep the can­di­dates from get­ting the names of the del­e­gates. They played a role in the con­ven­tion chair. 
  • Salleigh is first vice chair of the repub­li­can par­ty. There are rumors that she is invest­ed in the First Lib­er­ty. She was real­ly push­ing for the elec­tion of Brant Frost in 2022. Katie Frost par­tic­i­pat­ed in try­ing to keep Lisa Pierce off the bal­lot of First Vice Chair. 
  • Remem­ber when Lara Trump came to town and Josh bragged about the fundrais­ing.

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