Open letter to state authorities that have long ignored evidence of tax credit fraud!

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Index
	Section	Topics
	Cover Letter
1	Overview
1.1	What is involved
1.2	How much is involved
1.3	Who is involved
2	Two tax credit claims filed for 2006 are explained below.
2.1.	Altus Venture, Affinity Ventures, Quartz Mountain Aerospace, OK Industrial Venture
2.2	Scissortail
2.3.	Oak Hills Capital
3	Oklahoma Tax Commission negligence and cover up
3.1	New evidence uncovered since the original letter.
3.2	Copies of Oklahoma Tax Commission emails obtained
4	Colorado land scam and tax credit fraud connection
4.1	The scam
4.2	What Happened?
4.2.1	Place liens on the property
4.2.2	Deplete the funds to pay off loans
4.2.2.1	Mirrored bank account
4.2.2.2	Loan Kickbacks
4.2.2.3	Bank and wire transfer fraud
5	Coming unwound
5.1	Colorado partners seize Altus Groups financial records
6	Other noteworthy points related to tax credits include

To: Oklahoma State Officials

Subject: Tax credit fraud, and related bank fraud, involving the Oklahoma Tax Commission

Updated report and evidence of tax credit and bank frauds.

Tax credit fraud was originally reported, in 2007. Even more convincing, evidence was uncovered and reported in early 2009 that included First State Bank Altus', role in a Colorado land scam. Additional tax credit information was filed, June 30, 2009. Oklahoma state officials again continued ignoring evidence. The July 30, 2009, FDIC seizure of First State Bank Altus, uncovered more documented evidence proving both tax credit fraud, and bank fraud; involving First State Bank Altus OK and the Oklahoma Tax Commission; only to see state officials continue ignoring. Now, in early 2010, even more documented evidence has surfaced, showing Bank of Oklahoma and Cimarron Business Capital are involved. State officials are still ignoring.

The fraud involves Oklahoma tax credit programs, operated undercover and off the books. Three years uncovering and examining evidence suggests federal filings were falsified, to hide fraudulent gains.

This evidence, the result of three years devoted to uncovering and examining evidence; clearly demonstrates numerous frauds occurred and investigations are warranted for: $100s million in state tax credit fraud; $25 million for one of three land scams; and in excess of $600 million in bank fraud, to facilitate tax credit fraud and land scams.

Key related events that recently transpired.
July 31, 2009, FDIC seized First State Bank Altus. Investigation results are pending on numerous activities.	View
First State Bank Altus and Bank affiliates, including Altus Ventures dissolved.	View
New ownership resulted in the discovery of $643 million in fraudulent loans, the president of First State Bank Altus issued;	View
$189 million in fraudulent loans was added to $32 million invested in Quartz Mountain Aerospace (QMA), to inflate the claimed amount invested to a $221 million investment; and receive $66 million in tax credits.
Copies of internal Oklahoma Tax Commission emails recently obtained reveals the tax commissions total disregard for obvious fraud; even after QMA failed and notified of QMA only received $32 million.	View
Later the former president of QMA issued a public statement verifying having only received $32 million, and not $221 million.	View
Scissortail	View
Oak Hills	View
Colorado land scam, involving bank fraud.	View

Bucking conventional wisdom, by going public. Why?

Respectfully,

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