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cash which demonstrate fraud for purposes of FUFTA. During the
period from December 3, 1991, through March 14, 1992, Mr. Fisher
transferred $14,457.97 to petitioners for which they paid no
consideration. Fla. Stat. Ann. sec. 726.105(2)(h) (West 1988).
Petitioners are insiders for purposes of FUFTA. Fla. Stat. Ann.
sec. 726.105(2)(a) (West 1988). In addition, Mr. Fisher created
several fictitious entities in order to carry out and later
conceal the telephone commissions that he diverted from the State
of Florida. Mr. Fisher transferred some of the telephone
commissions to petitioners by checks drawn on the accounts opened
in the names of these fictitious entities. Petitioners
transferred some of these funds back to Mr. Fisher through the
use of money orders payable to Mr. Fisher and to others that he
designated. These actions are indicative of Mr. Fisher's intent
to conceal these assets. Fla. Stat. Ann. sec. 726.105(2)(g)
(West 1988). Finally, the transfers of cash occurred shortly
before Mr. Fisher incurred a substantial tax liability. Fla.
Stat. Ann. sec. 726.105(2)(j) (West 1988). Together, these
factors demonstrate Mr. Fisher's intent to hinder, delay, or
defraud his creditors. Fla. Stat. Ann. sec. 726.105(1)(a) (West
1988).
C. Subsequent Transfers by Petitioners
Petitioners contend that, even if they are held liable as
transferees, the amount of their liability should be reduced by
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