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.

Overview - BOK and Cimarron - false claims, failure to disclose, insiders benefiting.

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Index
Section	Topics
1	Cover letter
2	Overview
3	Fraudulent activities
4	How this occurred
5	Critical evidence tax commission emails
6	Evidence - examination and results
7	Ongoing tax credit investigation and achievements
8	Summary

June 7, 2010

SEC letter - Evidence of suspected fraudulent tax claims involving BOK and Cimarron Business Capital (cont)

Overview

The recent surfacing of an Oklahoma Tax Commission auditor's report questioning BOK tax credit claims revealed evidence suggesting long-standing fraud, benefiting BOK insiders in the form of state income tax credits. Complete evidence for 2006-2009 clearly suggests $91 million in fraud. Partial evidence for additional years suggests potentially more than $400 million.

BOK misrepresented and failed to fully and properly disclose in SEC filings:

financial transactions used to facilitate the fraud;
the full amount BOK received in fraudulent tax credits;
tax credits were sold to insiders' at nearly 80% discount;
the personal gain of more than $72 million by insiders'.

BOK SEC filings available and examined for years 2001 - 2009 View

BOK state income tax credit claims available and examined for years 2006 thru 2009 View

The following conclusions will be restricted to the 2006 thru 2009 period with complete evidence.

Assuming the 2006 thru 2009 model was used, the following would apply:

SEC filings suggest $188 million more in tax credits for 2001 through 2005. View
amended 2008 claim $140 million was certified and to be taken in out years. View

Cover letter << Back Next >> Fraudulent activities