Frost Family’s $140M Ponzi Scheme Exposes Corruption, Rigged Elections, and Shady Finances!

The Georgia Republican Party is reeling from allegations of financial misconduct tied to the Frost family’s $140M Ponzi scheme through First Liberty Building & Loan, as exposed by the SEC. GAGOP Inc. Treasurer Laurie McClain has been sidelined, with Karen Hentschel controlling FEC filings plagued by duplicates and fines. Calls for a forensic audit grow amid questions about Josh McKoon’s credit card use and potential commingling of Frost funds. The GRA PAC dissolved days before First Liberty’s collapse, raising concerns about tainted money. Conservative media figures like John Fredericks and Erick Erickson face scrutiny for promoting First Liberty, with allegations of profiting from the scheme. Was the 2025 GAGOP State Convention rigged? As David Shafer and Salleigh Grubbs face pressure to disclose First Liberty investments, the party’s future hangs in the balance.

The exploding circle of the Georgia republican party.
Laurie McClain is the treasurer of the GA GOP Inc, she knows how she has been shut out of the finances of the GAGOP. We know how Karen Hentschel has controlled the reporting. We know about the duplicate filings from the party and the fines from the issues of the filings by the FEC. We need a full investigation of the GAGOP Inc finances. We have reported on Josh McKoon’s use of the GAGOP credit card. We need a full forensic audit because we do not know how much Frost money has commingled in the party.
David Shafer and Salleigh Grubbs need to come clean on if he invested in First Liberty. Was Greg Dolezal part of the hook? The republican circles report that Greg invested in the company upwards of $2M.
The GRA PAC was dissolved June 27, 2025 just days before the doors were closed on First Liberty. The PAC made contributions to Charlice Byrd, Greg Dolezal, Noelle Kahaian and Colton Moore. We are not sure if the money was legit or not, that is still being investigated.
John Fredericks is the worst thing for Georgia politics. Fully supporting First Liberty and having Brant V on his show frequently. John Fredericks has been receiving a lot of money from the Ponzi scheme. John Fredericks says that he urged them to open it up, it was not just another sponsor. Wonder how much the Frost family sent him.
Remember American Hussle. Tell them you can’t have it… the oldest scam in the book.
When Erick Erickson is telling his listeners that the Frost family are good people. They are running a Ponzi scheme.
Can you just move on from 2020 in the state of Georgia knowing it was rigged. If you can’t then how can you move on from our state convention? The fact is the convention was rigged before they even took the stage.
You will start to see the headlines pop up. Fortune: “Banker accused in $140 million Ponzi scheme bought a Patek Phillippe watch, jaunts to Kennebunkport and put millions on his credit cards, SEC says. TheBulwark: “the conservative media money machines faces some headwinds”
Erickson, Hugh Hewitt are all pushing money into these people’s pockets. The Frost family, everything they did for Christians was to build the kingdom. All the ministries and missionaries. Then on the conservative side the investments were to grow the conservative message. This was used to manipulate people to grab their money.