The Georgia Hour, episode 121: NEW REPORT: The Depth of Frost Family’s Corruption, Alabama Ties Uncovered!

The First Lib­er­ty Build­ing and Loan scan­dal, led by Brant Frost IV, has sent shock­waves through the Geor­gia GOP, with alle­ga­tions of a $140M Ponzi scheme defraud­ing 300 investors. The Frost family’s deep ties to the GA GOP, includ­ing key posi­tions held by Brant V, Katie, and Krista Frost, are under scruti­ny as the receiver’s ini­tial report reveals wide­spread finan­cial irreg­u­lar­i­ties, includ­ing $1M in polit­i­cal dona­tions. Alaba­ma offi­cials, includ­ing State Audi­tor Andrew Sor­rell, received $132,000 in con­tri­bu­tions, prompt­ing inves­ti­ga­tions. A class-action law­suit looms as the receiv­er uncov­ers mis­used investor funds, undoc­u­ment­ed loans, and shod­dy records, with Brant IV plead­ing the fifth after ini­tial­ly tak­ing respon­si­bil­i­ty. Dis­cov­er the lat­est on this unfold­ing polit­i­cal and finan­cial cri­sis.

• The cor­rup­tion with the First LIb­er­ty Build­ing and Loan and the Frost fam­i­ly sur­rounds the GA GOP, the ten­ta­cles of the Frost fam­i­ly reach across the state into the repub­li­can par­ty. 
• The receiv­er has released his first ini­tial report, it is worse than pre­vi­ous­ly thought. 
• As the First Lib­er­ty empire crum­bles, a new law­suit seeks class action sta­tus. This is not just in Geor­gia. Con­tri­bu­tions are tried to the cor­rup­tion. A Geor­gia man accused of run­ning a $140M Ponzi scheme con­tributed to 3 Alaba­ma offi­cials. Brant IV con­tributed $71000 to Alaba­ma State Audi­tor Andrew Sor­rell, who made a $29000 loan to one of Frost’s com­pa­nies. Alaba­ma is now inves­ti­gat­ing FLBL after Ponzi scheme alle­ga­tions came to light. They were tak­ing invest­ments and mak­ing loans. They were not giv­ing back the deed when loans were paid off. 
• The AJC is doing all they can to make sure every­one in GA knows the Frost fam­i­ly. 
• Brant IV was in tears to his investors, then he released a state­ment that he takes full respon­si­bil­i­ty and it wasn’t his fam­i­ly. He ran an attor­ney state­ment that he did it all. Then he signs a con­sent judge­ment that he will coop­er­ate. Then he goes to church and meets with a pas­tor, he was the only one and it wasn’t Brant V, Krista or Katie. Things have changed and they have changed very quick­ly. Now he has filed notice to plead the fifth. His attor­neys have told him from day one Brant IV is in deep shit. 
• Receivers first sta­tus report: brief descrip­tion of what has been found so far. Every investor they can find has been con­tact­ed, over 200. He is ask­ing investors to con­tact him and encour­ag­ing them to col­lect and com­pile all doc­u­men­ta­tions relat­ed to their claim so that such doc­u­men­ta­tion is avail­able when the claim form is post­ed. There will be investors that don’t want their name out there. There will be investors in a group to hide their names. They are going through all the assets of the busi­ness­es, cor­po­ra­tions, and the fam­i­ly. The receiv­er is inter­view­ing every­one, every­one has an attor­ney. They are look­ing at bank records, meet­ings with investors, and have dis­cov­ered a num­ber of irreg­u­lar­i­ties with loans. The receiv­er is work­ing to under­stand com­pli­cat­ed trans­ac­tions that were not well doc­u­ment­ed or tracked prop­er­ly. The poor con­di­tion of the col­lect­ed records indi­cates that exten­sive trac­ing with bank records will be required. Keep in mind, these peo­ple were in Key posi­tions in orga­ni­za­tions and con­tin­ue to have key posi­tions with­in the GAGOP. 
• The records are so bad they are going to have to do a foren­sic inves­ti­ga­tion into FLBL. but in the GAGOP we are doing inter­nal reviews by the same lady that does the finan­cial reports and deposits. And the chair of the finan­cial over­sight com­mit­tee is Katie Frost, an employ­ee of FLBL. 
• The receiv­er does not have a com­plete sched­ule of investors. They will find every­one that was finan­cial­ly asso­ci­at­ed with the FLBL. No clear list of bor­row­ers and amounts payable. Loan sched­ules indi­cate that cer­tain loans have been paid off even though the prin­ci­pal bal­ance was not repaid and cer­tain reports appear to have incor­rect loan pay­off fig­ures. Noth­ing accu­rate in the books. 
• The receiv­er reports FLBL used investor funds to make char­i­ta­ble dona­tions and gifts as well as cam­paign con­tri­bu­tions to polit­i­cal can­di­dates. FLBL appears to have direct­ly, indi­rect­ly through the Frost fam­i­ly made almost 1000 polit­i­cal dona­tions total­ing over $1M using investor funds. Kan­diss Tay­lor, Mike Crane, oth­ers. The AJC wrote that the GAGOP received over $50,000 of investors mon­ey. And Josh is always say­ing we have to do the right thing and not draw atten­tion to our­selves. 
• The receiv­er is imply­ing that the Frost fam­i­ly got the mon­ey from Dad­dy Brant IV and he got it from investors. All the can­di­dates need to vol­un­tar­i­ly return the mon­ey now, there will be a list of those who have returned the mon­ey and who has not. The receiv­er intends to close­ly scru­ti­nize the improp­er use of investor funds used as char­i­ta­ble dona­tions or cam­paign con­tri­bu­tions and to seek the return of all such funds to the fullest extent per­mit­ted by the law. 
• There is a rumor out there that the GAGOP has nev­er received an offi­cial request to have the Frost fam­i­ly removed. But the GA RNC Com­mit­tee woman has writ­ten a let­ter ask­ing for the removal. 
• Did Brant V leave the coun­try on July 10th? 
• They are going to look at hous­es that every­one in the Frost fam­i­ly has. Every sin­gle dime they have comes from FLBL. 
• The rea­son there is silence is because the Feds are crawl­ing every­where. Then there are the “Hoover” files on politi­cians and every­one in the GAGOP. 
• Brant IV is no longer coop­er­at­ing. He is plead­ing the fifth and a jury demand. 
• Josh McK­oon has the author­i­ty to ask for the res­ig­na­tion of the Frost fam­i­ly. Katie Frost is a state com­mit­tee mem­ber, the chair of the 3rd dis­trict, chair of the finan­cial over­sight com­mit­tee; Krista Frost is a sec­ond vice chair of the Cowe­ta coun­ty GOP and was on the nom­i­na­tion com­mit­tee for the 2025 State Con­ven­tion; Brant Frost is the chair of the Cowe­ta Coun­ty GOP, mem­ber of the state com­mit­tee. 
• We are being told that Greg Dolezal is a major investor in FLBL and he helped with a group of investors that don’t want their names involved.