Ponzi Pandemonium: Frost Family Fraud, Fired Brokers, and 'Greg the Weasel'

3 days ago
174

In this explosive "Georgia Hour" edition of BKP Politics on Voice of Rural America, host BKP dubs the segment "Arrested Development" while eagerly awaiting indictments in Georgia's largest-ever $140 million Ponzi scheme orchestrated through First Liberty Building and Loan, starring the "famous Frost family"—Papa Frost (Brant IV in plaid), Mama Frost (Katie), and the "albino rhino" son Brant V, with the whole clan (minus minor kids, though BKP notes their strategic photo-op cameos) under SEC, FBI, Georgia Secretary of State, and multi-state scrutiny. He recaps leaked texts from Brant V offering commissions for referrals via his dissolved GRA PAC (Georgia Republican Assembly political action committee), insisting "some people knew something" amid denials from ex-allies, predicting cracks under pressure from job losses, lawsuits, and FBI knocks—someone's bound to flip as civil suits target deep pockets.

BKP zooms in on Timothy Nathaniel Darnell, the "young lad" and GRA president (flashing his GRA badge at events), outed via BrokerCheck disclosures: a pending $1 million customer dispute alleging breach of fiduciary duty, negligence, and "selling away" by funneling clients from his Bankers Life Securities gig to the Frosts' scheme (one victim claims $350K lost after a face-to-face pitch), plus his September 12 termination for undisclosed outside activities, unapproved private transactions, and off-channel client comms. BKP reminds Katie Frost (who grilled GOP chair candidate David Cross on old complaints) to "pay attention," forecasting attorneys chasing Bankers Life's coffers while Darnell signed docs vowing compliance—potentially facing charges beyond unemployment.
Turning the spotlight on GRA leadership, BKP—twice rejected for membership post-"bad people" exodus (like the Frosts and Josh McCoun)—spares "amazing people" like field organizer Searcy, Fulton County's Jason Fraser, membership chair Bryan (who nixed him for "negative" talk), and 16-year pal Ron Hooper, but publicly demands Darnell's immediate resignation as president for credibility's sake, plus chair Alex Johnson's ouster or full disclosure (rumors swirl he's Darnell's attorney; subpoenas fly). He praises the 2025 team as "tops" but warns associating with tainted figures erodes the grassroots org's Republican values—stand up now, or watch it crumble.
The heat cranks up on Georgia GOP ties: BKP probes chair Josh McCoun's deep Frost family bonds (charter GRA member? "Uncle Mike" Crane as Frost surrogate dad and ex-convention chair; ex-GOP chair David Schaefer's investments while handing McCoun the reins), questioning referrals, commissions (like Frost's $50K teases), and Senate frat-like loyalties—did McCoun know, refer, or profit? No arrests yet, but "development" brews as the web unravels.

Enter "Greg the Weasel" (State Sen. Greg Dolezal), fresh off a Lt. Governor bid video touting Trump loyalty, Fani Willis sanctions, anti-DEI/trans/school indoctrination crusades, and crime crackdowns—BKP scoffs, yanking his "in the race" status until he mans up on the show. Accusations fly: Did Dolezal lead an anonymous investment group into First Liberty (losses of $2-3M, $1M clawed back pre-SEC raid without sharing?), refer Gold Dome lawmakers for commissions, or link to donor perks for Democrat sheriffs like Forsyth County's Ron LeBlanc (Trump rally photog)? Too cozy with Trump-endorsed frontrunner Burt Jones (Dolezal's kickoff intro reeked of support; BKP urges Jones to distance or risk train-wrecking his anti-Raffensperger/Rauner momentum)—come clean, or face statewide whispers tanking any Trump nod.

Racing the clock, BKP squeezes in outrages: Democrat Gov. JB Pritzker keynoting the Georgia Democrats' Carter-Lewis dinner Friday (2028 tease?); Brian Kemp's Republican reign ballooning the state budget $10B in four years (another $1B begged by agencies like Medicaid/schools despite fed aid cuts and income tax elimination pipe dreams—BKP blasts Tillery as "nice" but naive). He roasts GOP hypocrisy: bragging on DEI bans but silent on 4% hikes (last year's $37.8B windfall funneled to cronies via "school safety" slush like Derek Dooley's kin), papermills shuttering, property tax grabs—quit complaining about local GOP if you won't call out state bloat. No runaway spending or bureaucracy explosion in campaign ads? "You can't make this up"—a Republican-run state still exploding costs. BKP signs off mid-rant, vowing more as the Ponzi probe and LG race collide in a "screeching halt" of trust.

Loading comments...