- 22 -
we find that expenditures made by petitioner’s family in 1988
were lavish or unusual.
Significant sums were spent to remodel and furnish
petitioner’s home during 1988. Petitioner and Ms. Dawson paid
$17,602 for the addition of a computer room over their garage.
They also paid $3,227 for the remodeling of their living room and
the bedrooms of their two daughters. Petitioner signed a further
$1,065 check to pay expenses in connection with the remodeling.8
Petitioner was aware of the remodeling. Petitioner was also
aware in 1988 that Ms. Dawson purchased beds for their daughters
at a cost of $5,000, a red cherry dining room set at a cost of
between $5,000 and $6,000, a 25-inch color television and set of
oak entertainment cabinets, a crystal chandelier, a living room
set, a number of sewing machines, two portable televisions with
built-in video cassette recorders, and a camcorder.
Expenditures for automobiles and a boat were also made
during 1988. A Mercury Sable automobile was purchased, and
petitioner purchased a 1987 Nissan pickup truck for $6,500,
paying for it with two checks he wrote on the joint checking
8
Petitioner claims that the remodeling discussed above was
financed by a loan. Although a loan of approximately $15,000 was
funded in 1987, the total cost of the remodeling of petitioner’s
home in 1987 and 1988 after the funding of the loan exceeded the
amount of the loan. Moreover, it seems reasonable to us that Ms.
Dawson’s embezzlement provided a source of funds from which
payments on the loan could be made, aiding petitioner and Ms.
Dawson in carrying the loan.
Page: Previous 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 NextLast modified: May 25, 2011