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To: All
The SEC and IRS would be interested in public school districts using tax-free bond proceeds to finance illegals.

Investors may have legal grounds if they were deceived about deceptive bond offerings characterizing the uses of tax-free bond proceeds.

In many cases, voters bond issues are approved by referendums at the ballot box----so that voters may have been misled WRT uses of fraudulent bond offerings.

Also culpable are:

<><> bonding companies underwriting possible fraudulent bond issues;

<><> banks holding possibly fraudulent bond proceeds;

<><> school finance administrators allocating the bond proceeds,

<><> school personnel accepting the bond proceeds.

<><> school vendors accepting possible fraudulent bond proceeds.

<><> publicly funded-groups advocating the uses of possible fraudulent bond proceeds.

===========================================

EMAIL---FBI TIPS PAGE https://tips.fbi.gov

EMAIL--enforcement@SEC.gov

Contact the IRS Fraud Unit

EMAIL Banking oversight agencies

More below

7 posted on 07/27/2014 6:49:09 AM PDT by Liz (Another Clinton administration? Are you nuts?)
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To: Liz

I like the idea of going after local school bonds....but...do you really think the IRS cares?


18 posted on 07/27/2014 7:10:12 AM PDT by goodnesswins (R.I.P. Doherty, Smith, Stevens, Woods)
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