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Bank of Oklahoma(1) and Cimarron Business Capital(2)

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

Oklahoma's little known "Venture Capital"(3) tax credit program, restricted to two users, could have potentially cost Oklahoma tax payers more than $400 million in unearned tax credits. The list of investments claimed to receive tax credits, look suspiciously like Bank of Oklahoma, claimed ordinary interest bearing secured, bank loans as investments, to obtain tax credits.

Different reports are filed to help eliminate any confusion between the different violations and crimes that fall under jurisdiction of different agencies.

Reports filed with federal agencies
SEC - Securities and Exchange Commission  
  Complaint filed with SEC reporting suspected violations by BOK Financial Holding (BOKF, NASDAQ), and subsidiaries including Bank of Oklahoma. View more
IRS - Internal Revenue Service
  IRS BOK Venture Capital tax credit View more


Blogs - Building the cases
How Venture Capital tax credit fraud works View more
Manager of state tax credit program got 99% of tax credits going to one fund! View more
Now tax credit double dipping? $800 million amended claim? Cut the budget more! Keep secrecy! View more
Oklahoma Tax Commission allows BOK subsidiary $800 million tax credit claim for a previously closed program! View more
Secret tax credit program for Oklahoma billionaire, George Kaiser! View more



Evidence
BOK tax credits for buying interest in Tulsa U, Tribes, YMCAs, Roman Catholic Diocese? View more
State Auditor and Inspector Report Oklahoma Capital Investment Board $31M in debt View more
Documented evidence for suspected Bank of Oklahoma and Cimarron Business Capital tax credit fraud. View more

Notes: View


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