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 2^nd 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. Most of these expenses are presumed to be for campaign mailer printing and postage, according to the exhibits included in the complaint, and according to the names of the recipients of the money: The Print Source, and Minuteman Press, for example. 

According to details included in the complaint, Brant Frost V registered himself as the Organizer of the GRA PAC in 2017. This PAC is of particular interest, because of the large sums of money that the Frost family donated to politicians and political causes, the GRA PAC got the largest bulk of it, some $162,000 of the total given to politicians and PACs, according to the multiple sources. 

Their money was “earned” by defrauding over 300 people of $140 million according to filings by the SEC. So Frost robbed Peter to pay political campaigns. With a lack of filing and oversight, it’s also questionable about whether all the money paid into the GRA PAC actually went to campaigns, or whether some of it lined Frost’s pockets.

This suspicion is fueled by a complaint reported on recently by the Newnan Times-Herald, that said a 14-page letter from members of the Coweta GOP iterated that Frost V reimbursed himself $1500 from that organization without proper receipts or accounting.

This leaves investors like George, who lost over a million dollars to the First Liberty Fraud, without a lot of recourse to get their money back. Money spent on political junk mail can’t be returned to the receiver, can it?