Posted on 08/08/2025 5:56:26 PM PDT by CFW
Brant Frost V recently resigned as the Chairman of the Coweta GOP, amidst the scandal and legal woes that the First Liberty Ponzi scheme has rained down on his entire family. As a primer, First Liberty Building and Loan collapsed in June under what the SEC refers to as a Ponzi scheme that defrauded investors of $140 million. Brant Frost V is the son of Brant Frost IV, and was an employee of First Liberty.
Now, another one of his entities is under investigation. The Georgia Republican Assembly Political Action Committee, (GRA PAC), had a series of violations according to the State Ethics Commission for Georgia.
Their 24-page complaint was filed on July 30. It states that the Frost-led PAC neglected to file reports and expenditures on 24 different dates required by law, from October 2021 until June of this year. The Campaign Finance Act requires disclosures on the first day of each of two calendar months preceding elections, two weeks prior to the date of the election and a final report prior to December 31 of the election year, and supplemental reports on June 30 and December 31 of each year that the committee continues to accept contributions or make expenditures.
As the 2nd Vice Chairman of the State Committee for the Georgia Republican Party for four years from 2019 to 2023, Brant Frost V surely should have been aware of what the state required.
They should have told the state details about any donation over $100, and also any expenditure over $100. Details are missing: details about which candidate the expenses benefited and exactly what the expenses paid for.
Thirty-six expenses were not itemized and reported, totaling over $223,000, from 2021 to 2024..........
(Excerpt) Read more at thecitizen.com ...
I’m not sure how so many people fell for this. When your sales pitch is “Trust me, I’m one of you” my antenna goes up. Especially if you are selling something that seems too good to be true.
Doesn’t matter what political party it is, if there is fraud involved, then nail them. Crooks are crooks.
“I’m not sure how so many people fell for this. When your sales pitch is “Trust me, I’m one of you” my antenna goes up. Especially if you are selling something that seems too good to be true.”
Agreed. The returns that First Liberty was offering should have been the first clue.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.