State alleges First Liberty-linked PAC 'illegally influenced elections'
(Atlanta Journal-Constitution) The State Ethics Commission on Wednesday accused a conservative political action committee of 61 violations of Georgia law in a case stemming from the collapse of First Liberty Building & Loan.
The Georgia Republican Assembly PAC failed to report tens of thousands of dollars’ worth of campaign expenditures, failed to file numerous required campaign reports and failed to properly register as an independent political committee before accepting contributions, according to a complaint released Wednesday.
The alleged civil violations are the latest fallout from Newnan-based First Liberty, whose founder Brant Frost IV was accused by the Securities and Exchange Commission of diverting millions of dollars of investor money for personal use, including funneling more than $570,000 into political contributions to conservative candidates and causes.
An Atlanta Journal-Constitution investigation found the Georgia Republican Assembly PAC was the top recipient of Frost campaign contributions. The Frost-linked committee supported far-right GOP contenders who often challenged more establishment candidates. In all, Frost IV and his family donated roughly $162,000 to the PAC, according to the AJC’s tally.
https://www.ajc.com/politics/2025/07/state-alleges-first-liberty-linked-political-committee-illegally-influenced-elections/