-8- own use or personal benefit $152,513 in 1988 and $186,094 in 1989 in connection with her work at Camp Lejeune, North Carolina; (2) in 1988, she deposited $89,000 of the misappropriated funds in various bank accounts; (3) in 1989, she deposited $159,000 of the misappropriated funds in various bank accounts; (4) petitioner used the misappropriated funds in 1988 to buy three vehicles, a computer, and to pay for a European vacation, and in 1989 to buy several vehicles, to buy and improve property, and to pay for a vacation; (5) she did not report the income that she misappropriated; (6) she understated her taxable income for those years; and (7) all of each understatement for 1988 and 1989 was due to fraud with intent to evade taxes. In the answer, respondent alleges specific facts which, having been deemed admitted, clearly and convincingly show that petitioner fraudulently underpaid her income taxes for 1988 and 1989. Thus, we grant respondent's motion for entry of default pursuant to Rule 123(a). To reflect the foregoing, An appropriate order will be issued, and decision will be entered for respondent.Page: Previous 1 2 3 4 5 6 7 8
Last modified: May 25, 2011