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First Liberty Founder Accused of $140M Fraud Scheme

8/3/2025

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Summary

Story summary

Brant Frost IV, the founder of First Liberty in Newnan, is under fire for allegedly siphoning off $140 million from investors for personal gain, including hefty political donations. Notably, the Georgia Republican Assembly PAC received $162,000 from him. The State Ethics Commission has initiated charges, while the SEC and Secretary of State probe potential election law breaches.

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Story summary

Brant Frost IV, the founder of First Liberty in Newnan, is under fire for allegedly siphoning off $140 million from investors for personal gain, including hefty political donations. Notably, the Georgia Republican Assembly PAC received $162,000 from him. The State Ethics Commission has initiated charges, while the SEC and Secretary of State probe potential election law breaches.