Report: #1050799

Complaint Review: McCormack Baron Salazar - St. Louis Missouri

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Ripoff Report is Xcentric Ventures

Submitted: Tue, May 14, 2013
Updated: Tue, May 14, 2013
Reported By: Taxpayer — New Haven Connecticut

Author Not Confirmed

Why?

McCormack Baron Salazar 720 Olive Street St. Louis, Missouri USA

Phone: (314) 621-3400
Web: www.mccormackbaron.com
Category: Loans

McCormack Baron Salazar St. Louis Developer Rips off Taxpayers Out of State St. Louis Missouri

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McCormack Baron Salazar is a large real estate developer who promises the moon, demands many taxpayer subsidies and then welches on them. The firm currently owes Connecticut taxpayers some $100 million - some to a state finance agency, some to strapped New Haven taxpayers. After 15 years of reduced taxes and lowe interest rates, the firm is now demanding it get forgiveness of debt, property taxes reduced even more and selling the property to a new entity with more tax credits. This is a ripoff of taxpayers and it's being a piker on its debt at the public's expense.

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This report was posted on Ripoff Report on 05/14/2013 07:05 AM and is a permanent record located here: https://www.ripoffreport.com/reports/mccormack-baron-salazar/st-louis-missouri-63101/mccormack-baron-salazar-st-louis-developer-rips-off-taxpayers-out-of-state-st-louis-mi-1050799. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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