Albert J. and Helen R. Desantis - Page 19

                                       - 19 -                                         

          partnership accounts and bore the following preprinted                      
          endorsement:  "Pay to the Order of Albert J. DeSantis in Partial            
          Payment of Consulting Services."  The messengers were instructed            
          to wait for Fankhauser to endorse the checks before returning to            
          petitioner.  The messengers returned the endorsed checks to                 
          petitioner who deposited the checks into account No. 830536146 at           
          BancOhio.                                                                   
               So-called Ongoing Financial & Tax Analysis & Investment                
          Counseling Agreements reflect that funds were drawn on various              
          partnership accounts, and were made payable to petitioner as                
          follows:                                                                    
                                        1982                                          
          Partnership                      Amount      Concession                     
          AJD/Bethel Colony II, Building 1          $15,000                           
          AJD/Bethel Colony II, Building 2           10,000                           
          AJD/Bethel Colony II, Building 3           15,000                           
          AJD/Bethel Colony II, Building 4           10,000                           
          AJD/Bethel Colony II, Building 5           15,000                           
          AJD/Bethel Colony II, Building 6           10,000                           
          AJD/Bethel Colony II, Building 7           15,000                           
          AJD/Bethel Colony II, Building 8           10,000                           
          AJD/Bethel Colony II, Building 9           15,000                           
          AJD/Bethel Colony II, Building 10          10,000                           
          AJD/Bethel Colony II, Building 11          15,000                           
          AJD/Bethel Colony II, Building 12          10,000                           
          Bethel Office, Building 7                  12,000        $4,000             
          Total received                            162,000                           
          Less concession                            (4,000)                          
          Total                                   158,000                             








Page:  Previous  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  27  28  Next

Last modified: May 25, 2011