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Canta II commissions 21,826.426
Canta II refunds 481.05
Homeowners commissions 1,395.00
Petitioner husband deposited no commission checks in
petitioner wife's accounts in 1989. However, he or one of the
other Soldi shareholders wrote checks to petitioner wife on
Soldi's bank account totaling $4,148.29 in 1989.
Petitioner husband had real estate commissions of $79,496
(including $23,425 of Soldi's funds which petitioner husband
deposited in accounts which he controlled), refunds of $481.05,
and other income of $150 in 1989. Petitioners reported that they
had income of $49,652 from petitioner husband's real estate
activities for 1989.
6. Petitioner Husband's Payments to Clients and Investors
On October 16, 1986, petitioner husband was the agent for
Christoforo and Jacqueline Mazzola at a real estate closing on
42407 Jo-Ed, Sterling Heights, Michigan. As their agent, he
received $79,129 at the closing. Petitioner husband deposited
the $79,129 in Americana's bank account. In 1987, petitioner
husband borrowed $42,186 from his parents, Richard and Elvera
Tabbi, to pay the Mazzolas. He paid the Mazzolas (or Olympia
Homes on the Mazzolas' behalf) $46,387 from the Earl Kiem Realty
Bell/Shores escrow account in 1987 and $35,395 from Canta in
1988.
6 This includes $6,988 of Soldi's funds petitioner husband
deposited in Canta's Wilmington Trust account.
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