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First State Bank Altus Oklahoma, and Known Subsidiaries, and Affiliates

The Altus Gang, List 1, refers to FSB Bancorp Altus, a bank holding company, and some 20 subsidiaries including First State Bank Altus; that existed as of Janurary 2009, when the FDIC issued the Cease and Desist Order against First State Bank of Altus, Altus, Oklahoma; and order an audit.

In February 2009, the Federal Reserve Board issued a second Cease and Desist Order against FSB Bancorp and Affiliates.

The audits were completed in July 2009 and the FDIC seized First State Bank of Altus, Altus, and the bank was taken over by Herring Bank, Amarillo, Texas.

An investigation insued. There are numerous issues that remain unresolved, and presumably are part of the investigation. Debtor issues forced, Quartz Mountain Aerospace, Inc., to filed for bankruptcy.

List 1. FSB Bancorp is the holding company for a variety of investment related entities, including:


FSB Bancorp Altus, the bank holding co.
First State Bank Altus, OK (FSB)

At the center of Oklahoma's 2006 tax credit abuse controversy.

Oklahoma Industrial Venture Capital Company, LLC (OIVCC) - CAPCO.
Altus Venture, LLC - Investor
Quartz Mountain Aerospace, Inc. Altus (QMA) formerly Luscombe (LAC) - Investment target.

Oasis Development, LLC - Robert Keys (Oregon) a coconspirator in crimes in Oklahoma and Colorado. s Apr 2015 Keys was sentenced to prision in Oregon for what appeared to be an unrelated crime.

Bank mirroring accounts setup at First State Bank Altus

  1. Grassy Creek Holding Company LLC - victims's bank acount in Colorado
  2. 4S LLC - mirroring victims's bank acount in Colorado
  3. EAS Completions LLC - mirroring bank account in Texas, and suspect Dubai UAE, and possibly in Thailand
Altus Venture Capital Fund III, LLC
Altus Venture Capital Fund IV, LLC
Altus Venture Capital Fund V, LLC
Altus Venture Capital Fund VI, LLC
Altus Venture Capital Fund VII, LLC
Altus Venture Capital Fund VIII, LLC
Altus Venture Capital Fund IX, LLC

Oklahoma Industrial Venture Capital Company, LLC (OIVCC) - CAPCO at the center of Oklahoma's 2006 tax credit abuse controversy.
Oklahoma Industrial Venture Management Company, LLC (OIVMC)
Global Industrial Leasing, LLC (GIL)
Global Industrial, LLC
FSB Development Capital, LLC
FSB Financial Planning LLC
First State Insurance Agency, Inc
Bankers Benefit Solutions, Inc
FSB Bancorp Capital Trust I

List 2. Other LLC's included in Altus Venture's financial records

Fast Five LLC
Coates Oklahoma Industrial Manufacturing LLC
GIL Craft Marine, LLC
Altus Venture Capital Fund V, LLC
Southwest Oklahoma Air LLC
Altus Capital Partners LLC
EZ Way Equipment LLC
Ethanol Products Group - Charges filed involved EPG Loan Scam View

Affinity Ventures' is owned by Robert McDonald (Stifel Nicolaus, Capital West Securities, Foxborough

Affinity Ventures' financial records Pg 5

Affinity Ventures, LLC
Affinity Ventures Capital Fund I, LLC. 3 accounts
Affinity Ventures Capital Company, LLC. 3 accounts
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