The Georgia Hour, episode 115: $140M Ponzi Scheme Rocks GOP: Will Georgia’s Political Elite Return Tainted Cash?

A $140M Ponzi scheme led by Brant Frost IV of First Lib­er­ty Build­ing & Loan has sparked a nation­al scan­dal, with $570K of investor funds alleged­ly fun­neled into GOP cam­paigns. Geor­gia law­mak­ers, the RNC, and GAGOP face mount­ing pres­sure to address the fall­out, as Democ­rats and some Repub­li­cans demand can­di­dates return the taint­ed dona­tions. The Frost family’s deep ties to the GAGOP, includ­ing Brant Frost V and Katie Frost’s lead­er­ship roles, raise ques­tions about orga­ni­za­tion­al integri­ty and a poten­tial cov­er-up. Investors are fil­ing law­suits, while five Geor­gia coun­ties call for the Frosts’ res­ig­na­tion and per­ma­nent ban from the par­ty. Will GAGOP Chair­man Josh McK­oon and oth­ers act, or is the silence a sign of deep­er cor­rup­tion ahead of 2026?

• This has become a nation­al sto­ry. $140M Ponzi scheme. The silence is deaf­en­ing and it says that they are try­ing to fig­ure out what to do with it. It has law­mak­ers in GA, around the Unit­ed States, the RNC try­ing to fig­ure out who to come out and go with it. The father released an attor­ney state­ment. 
• The GRA had an exec­u­tive board and passed a res­o­lu­tion and made a state­ment. Res­o­lu­tion regard­ing recent alle­ga­tions and orga­ni­za­tion­al integri­ty. No one has come out and said, we want to make sure every­one that has been hurt in the sit­u­a­tion needs to be made whole. Noth­ing from the Free­dom Cau­cus and sev­er­al of their mem­bers received mon­ey from the ill got­ten gains of the Frost fam­i­ly. 
• There is a lot of mys­tery around the silence. 
• With­in days of the col­lapse of First Lib­er­ty Build­ing & Loan, investors began seek­ing law­suits against the lender to recoup their loss­es. But the polit­i­cal fall­out for the GOP con­nect­ed firm is only just begin­ning. Demo­c­rat lead­ers, along with some repub­li­cans, are call­ing on can­di­dates who received cam­paign cash from FLBL founder Brant Frost IV and oth­er exec­u­tives to return the dona­tions. It is being report­ed that more than $570K in investor funds were fun­neled into polit­i­cal con­tri­bu­tions. Will Bri­an Kemp, the GAGOP and oth­er can­di­dates who received the mon­ey do the right thing? This is a polit­i­cal night­mare for the repub­li­cans in GA, but there isn’t any lead­er­ship with­in the GAGOP to han­dle it. Democ­rats are using the repub­li­can lan­guage. 
• This is not about the GAGOP State offi­cer elec­tion. This is not about David Cross being chair­man. Maybe they need­ed Josh to be chair­man to han­dle this explo­sion as part of the coverup. The one thing you do not have to report is a state offi­cer cam­paign for the par­ty. How much mon­ey did the Frost fam­i­ly put into Josh McKoon’s cam­paign to become chair. The frost fam­i­ly was in a full pan­ic that is why the stolen GAGOP elec­tion. They are run­ning out of mon­ey to pay the loans that fund­ed the Ponzi scheme. They have been in pan­ic for a while. Maybe in the meet­ing with the FBI, GBI, SEC they can make a bet­ter deal. It has to be hap­pen­ing that peo­ple are get­ting phone calls to keep their mouth shut. 
• Josh McK­oon needs to get the fam­i­ly to give them some space and resign from the par­ty. How can they have the nerve to hold on to pow­er? Why hasn’t the Frost fam­i­ly exit­ed the GAGOP? Could it be that they are say­ing they are not doing it alone? There was an exec­u­tive meet­ing last night with GAGOP. And Katie Frost was in atten­dance? It was not addressed in the exec­u­tive com­mit­tee and no one has resigned. Brant Frost V has not resigned from the Cowe­ta Coun­ty GOP, he has only stepped down. 
• Five coun­ties came togeth­er in the third dis­trict of Geor­gia, Upson, Car­rol, Meri­wether, Peach and Lamar coun­ties. They are ask­ing for the res­ig­na­tion and per­ma­nent ban of the Frosts. It was not dis­cussed at the GAGOP exec­u­tive com­mit­tee meet­ing last night. 
• Cor­rup­tion is cor­rup­tion. It does not have a par­ty. We have a scan­dal here going into 2026. Brant Frost V has not resigned from the Cowe­ta Coun­ty GOP, he has stepped back from the office. Alan Brady will be the act­ing chair in his absence. The sec­ond vice chair is Krista Frost. All three Katie Frost, Krista Frost and Brant Frost are still on the state com­mit­tee and Katie Frost is still part of the exec­u­tive state com­mit­tee. 
• We have across state lines solic­it­ing for funds, across state lines send­ing some­one else’s mon­ey. Are the pay­ments from GAGOP for Best Guest Media for Katie Frost. 
• Remem­ber their direc­tor of com­pli­ance has been inves­ti­gat­ed before, Jayme Sick­ert. 
• A per­spec­tive of a vic­tim of First Lib­er­ty Build­ing and Loan who had con­tact with Sick­ert that invest­ed more than $1M in the com­pa­ny.  
• BKP sce­nario on why they had to rig the State offi­cer elec­tion.