State officials special! WFG Investments offering $2 in tax refunds for each $1 invested!
From: Frank McGuire
Sent: Dec , 2009
Subject: Oklahoma Tax Credits 2009
I was referred to you by . Early next week we should have Offering Documents for an Oklahoma Tax Credit Program (NO Federal Tax Credits) for 2009 prepared by McAfee Taft that are priced at 50 cents to 55 cents on the dollar. If you would have an interest for your clients I would like to forward the Offering to you.
**Securities offered through WFG Investments, Inc., Member FINRA/SIPC**
A rigged slot machine that pays double; every time the handle is pulled! Rigged by state officials!
$15 million in tax credits, for sale at half price! No mention of an investment. This is not and has never been a legitimate investment.
$15 million in tax credits, that can be sent to the Oklahoma Tax Commission and exchanged for tax refund checks of equal value.
$15 million is only a small fraction.
The governor and state lawmakers 2006 claim to have closed the tax credit loophole, they attributed to allowing some to receive $2 in tax credits for each $1 invested was a lie then? Evidence keeps showing up, like the below, that disprove that claim. When these investments fail, and virtually every one does, these folks get to keep their 200% profit. The reason we are seeing no new economic growth; no new jobs. The governor and current lawmakers, are lying now, by turning their backs!
This is the same Foxborough tax credit scheme prowlingowl.com, reported, January 27, 2009, Foxborough received tax credits for buying a city garage, after soliciting the Oklahoma City Parking Authority to sell a city garage. Foxborough revealed plans to buy an additional garage(s) and a hangar at the Tulsa Airport. A typical garage the size of the city garage already purchased, would only have 6 to 7 employees. In the case, where an existing garage was purchased, no new jobs were created, and no economic growth. Further evidence the programs are used for scamming tax credits.
Foxborough was the subject of the 2007 Capital West Tax Credit Letter promising $2 in tax credits for each $1 invested, in seeking investors in a tax credit scam; the state securities department hurriedly issued an off point "no securities violations found" to whitewash.