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Meeks did not examine the endorsements written on the back of the
checks.
Petitioner failed to attach a schedule to his 1982 or 1983
return indicating how he determined gross receipts from his
financial consulting activity. Petitioner attached a schedule to
his 1984 return which itemized the income he received from
financial consulting for that year. The attached schedule does
not reflect that petitioner received $180,000 from Park Place.
Rather, the schedule reflects that petitioner received $30,525
from Park Place and $180,000 in "other consulting fees", without
indicating what "other consulting fees" represents.
After the completion of a project known as Bethel Colony I,
petitioner signed all contracts on behalf of the partnerships and
negotiated with subcontractors, while Newtowne did most of the
estimating and bidding for the projects. Petitioner required
that Newtowne use Reno Morine, a cement contractor, and Nicholas
Savko & Sons (Savko) for excavation and site preparation
services. Petitioner threatened the employees of Newtowne so
that they would comply with his demands. For example, at one of
petitioner's meetings with the employees of Newtowne, petitioner
posted the following message:
Your business is at stake. Your homes are at stake. Your
reputation is at stake. Your livelihood is at stake. I
want performance not damn excuses or I will go elsewhere,
and if you don't like it, you are welcome to go elsewhere.
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