Ponzi scheme First Liberty and Frost family campaign donations: Rep. Jack giving back to victims

This week Secretary of State Brad Raffensberger urged political entities who received donations from the Frost family and First Liberty to give back to the victims who have lost money after the company’s collapse. 

Public records show that in comparing 2024 and 2025, the Frost family donated much more to political candidates and entities in 2024 over 2025. This may, however, relate to the timeline of campaigning. In 2025, the Frost family contributed $75 to McKay for Senate, $355 to Georgia Republican Party Inc., and $25,000 to Working for America Inc. 

Research into Working for America Inc. reveals some ambiguity. Some similarly named organizations support union and non-union workers, but the organization named has a minimal public presence. There is an Instagram page, with only one follower, that posted briefly in 2020, including a graphic claiming “Donald Trump added 1.8 million jobs in America in July” of that year. Public records identify the organization’s treasurer of this organization as Timothy Koch, though the organization is not listed on his Linkedin or other platforms.

In 2024, the Frost family donated $3,300 to several congressional and senate campaigns, including those of Andy Ogles, Ted Budd, Chip Roy, Brian Jack, Andrew Clyde, and Austin Theriault. Elijah Crane received a total of $23,079.76. Smaller donations were also made throughout the year to Russell for Congress. Blake Masters for Congress, John Hoststettler for Congress, and Bernie Moreno for Senate.

Brian Jack’s campaign team responded to the situation with a statement:

“Since announcing his campaign for Congress in March 2024, Congressman Jack has received 28,473 donations. Just 2 of those donations were from individuals who either identified First Liberty as their employer or are named in the Securities and Exchange Commission’s complaint charging First Liberty. Congressman Jack has asked the court-appointed receiver how he may return those 2 donations to the receiver, and will immediately do so upon instruction.” 

Also, Brian Jack’s spokeswoman stated, “Congressman Jack has read the complaint filed by the Securities and Exchange Commission, and finds the allegations very concerning. Once a receiver is appointed by a court, Congressman Jack will work with the receiver to ensure victims from our district are addressed and represented with urgent attention.”

Another of the Frost family’s funds is WinRed, a platform that allows individuals to donate to multiple Republican candidates at once. The Frost family typically contributed $100 per month through the platform, along with irregular smaller amounts such as $1.04, $21.07, $0.25, and $26.03.

Additional contributions in 2024 include $2,495 to the Georgia Republican Party and $24.75 to the House Freedom Fund.

As Secretary Raffensberger calls for the return of these funds, it remains uncertain as to whether the individuals and organizations who received them will comply.