- 9 - insurance companies; i.e., from individual patients, by analyzing items that were deposited into Dr. Rao's bank accounts. Dr. Rao denied to agents Gardner and Schwarmann that he had received payments from individual patients or from any source other than Form 1099 payers. A second meeting was held on October 23, 1991,2 at agent Gardner's office. Dr. Rao, Mr. Raclaw, and agents Gardner and Schwarmann were present. Mr. Raclaw was taken by surprise when agent Gardner stated to Dr. Rao that there were omissions of income. At this meeting, Mr. Raclaw learned, for the first time, that Dr. Rao had a bank account at Chase. However, this account only was used to pay an equipment loan made by Chase. Forest Park Medical Center Dr. Rao decided to set up a medical center which provided numerous medical services under one roof. On October 10, 1980, Dr. Rao entered into a contract for sale for the purchase of a two-story building (the building) located at 86-22 85th Street, Woodhaven (Queens), New York, from Al DiFranco, Inc. The building has 6,000 square feet with 3,000 square feet upstairs and 3,000 square feet downstairs. On December 18, 1980, by a bargain and sale deed, Al DiFranco, Inc., conveyed the property 2 The 2-year time lag between meetings was not explained in the record.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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