Times-Dispatch Reaches Out to Glen Frost
Glen Frost was quoted in an article describing an ingenious way in which a “mystery business” was able to secure a 10 percent return on their money. The business just made sure to significantly overpay its estimated taxes, triggering a law that required the city to refund the overpayment plus 10 percent. “If somebody could legally think of a way to get a guaranteed 10 percent, why wouldn’t you do it?” said Glen Frost, adding, “Especially with the uncertainty of the market right now, I’d put that down.”
You can read the full article here.