Like the 3,200 other pages of evidence uncovered and descriptions of crimes on this site, this web page is only one part of a massive multi-state entanglement of government corruption and cover-up. See size
Evidence was uncovered in parts over years, and not in the same order as the crimes occurred or the evidence was created. Statements were made based on what was known at the time.
Dates are approximate because government filings and reports vary in some cases up to months if not This is part of cover up. One example is Oklahoma's Openbooks, which started out late with only a fraction of what was required to be added each year. Plus, the data was littered with data entry and spelling errors, meaning you have to go through one entry at a time. This amount to more than 17,000 entries in 2017.
Cover letter << Back Next >> Altus Venture for index -
Updated report to appropriate authorities - evidence of tax credit and bank frauds. Dated 07/10/2010 (cont)
1. Overview
Oklahoma's secretly operated tax credit programs. At the same time, corruption is not limited to the five (16) of Oklahoma's 63 different tax credit programs initially discussed here. These five reviewed first are structured for shared private investment funds. As such, these operate differently and have more stringent reporting requirements, and created more evidence.
Multiple uses of the same Oklahoma tax credits by different parties. Including counterfeit tax credits.
A variety of financial schemes are used in filling false claims, to inflated amounts claimed to have been invested, to receive free tax credits. While some were lying about the amounts invested, some claimed federally backed loans as opposed to investor-backed loans as required by law. Others used different shell games to like claiming to have invested in non-qualified entities like the Tulsa Roman Catholic Dioceses, YMCA, University of Tulsa, other non-profits, and private parties. While those may be good cause those are not high-risk venture Capital business investments as seen in Silicon Valley and require by law.
The fraud (corruption) is protected by operating the programs in secrecy, off the books, no budget limitations, no oversight, and no accountability. The tax commission is structured where only one official, had access to the necessary information to determine what is occurring.
The fraud discussed here in this letter involves the following seen here.
This report is initially limited to tax credit cases under these programs and the land scam involving the same parties involved in one case, Altus Venture.
1.2.1 How much and how many are involved. Size Oklahoma Tax Commission $5 Billion Hidden Tax Revenue Theft View