nother missing $112 million in 2007 tax credits found, one week after uncovering $163 million!

November 2, 2009

Tony Mastin's world of fraud and cover-up is starting to unravel at a faster pace, only a week after Oklahoma's Tax Commission, Administrator, was exposed for trying to cover-up a previous attempted cover-up to hide $163 million in tax credit fraud. Now an additional $112 Million has surfaced.

Mastin, defied the law by hiding $280 million of the $370 million in 2007 and 2008 tax credits, uncovered so far. With Mastin being the sole proprietor of Oklahoma tax credits, there is no convenient way for anyone other than Mastin, to know who is taking how much in unearned tax credits. This is another link in a long chain of evidence showing Mastin has allowed numerous groups, using false claims, to scam $100s million in unearned tax credits. Mastin in turn falsifies OTC reports to hide the fraud.

This additional $112 million was found on the state insurance premium tax credits report for 2007 and 2008.

The original cover-up was simple, knowing that no one watches or cross checks the tax commission's activities. The tax commission is not only the sole money counter, the commission is the sole reporter, and self monitor of both task. There are no convenient reference points available to verify what the tax commission is doing and/or reporting. This leaves the remaining state officials willing to accept Tax Commission reports at face value. A totally irresponsible situation, that is exactly the level of negligence Oklahoma's government has sunk allowing massive unbridled fraud.

Now with some digging we find multiple widespread sources, including other state and federal agencies with information that consistently and repeatedly exposes the falsehoods in both the tax credit claims allowed to go unchallenged by OTC; and the false reports OTC provides.

Seeing the falsehoods in OTC reports is simple, but takes a little effort. The very thing our elected officials feel is below their station in life. While our government and public prefers the "show us one report that tells everything," way of life. Taking the time to locate other documents and reports that should all match quickly reveals none matches. Not even close! Either one of the latest two finds only verify what has been presented for some time now. This fraud is so pervasive and all consuming that it reaches into every state agency responsible for protecting the public interest. Thus leaving the public helplessly unprotected and stripped of both an honest functioning government.