Tax credit fraud in Oklahoma's investment tax credit incentive programs, Overview.
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Oklahoma tax credit fraud

Addressing Oklahoma "Small Business" and "Rural Small Business" Capital tax credit programs. For tax credit fraud involving "Venture Captial" tax credit program. View more

Reports filed with federal agencies
Cover letter covering multiple Small and Rural Small Business and Venture Capital tax credit programs. View more
Update to original report filed 6-30-2009, exposing Small and Rural Small Business tax credit fraud. View more
Note: Different variations of reports are filed to address the different crimes and wrongs under different agency's jurisdictions.
Index
  Section Topics
 Cover Letter
1Overview
1.1What is involved
1.2How much is involved
1.3Who is involved
2Two tax credit claims filed for 2006 are explained below.
2.1.Altus Venture, Affinity Ventures, Quartz Mountain Aerospace, OK Industrial Venture
2.2Scissortail
2.3.Oak Hills Capital
3Oklahoma Tax Commission negligence and cover up
3.1New evidence uncovered since the original letter.
3.2Copies of Oklahoma Tax Commission emails obtained
4Colorado land scam and tax credit fraud connection
4.1The scam
4.2What Happened?
4.2.1Place liens on the property
4.2.2Deplete the funds to pay off loans
4.2.2.1Mirrored bank account
4.2.2.2Loan Kickbacks
4.2.2.3Bank and wire transfer fraud
5Coming unwound
5.1Colorado partners seize Altus Groups financial records
6Other noteworthy points related to tax credits include

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