25
Respondent contends that petitioner-husband told Davis
during the examination that wire transfers to petitioners' bank
accounts were from Brazilian business customers who wired sales
revenue to him. Petitioner-husband later told Davis and
testified that other people, including his sister, sent him money
from Brazil.
Petitioner-husband testified that only petitioners had
access to their safe in Brazil. Respondent contends that
petitioner-husband told Davis that wire transfers from MTB,
Cayman Islands, were sales revenue from a customer (MTB), but
later told her and testified that three or four people, including
his secretary and his sister, wired him money from Brazil. He
told Davis that his sister asked a person with an account outside
of Brazil to wire the money.
We believe that petitioner-husband satisfactorily explained
the wire transfers to petitioners' U.S. accounts. Petitioner-
husband credibly testified that, as his business started to grow
and he needed more money to invest in it, he had several people,
including his sister and his secretary, wire money from Brazil to
petitioners' U.S. accounts. He testified that, on some of his
trips to Brazil, he took money from the safe, gave it to his
secretary to pay expenses such as Social Security, and she wired
him the balance. He also testified that MTB is a bank and denied
telling Davis that it was a customer. He also testified that he
collected a few thousand dollars from two customers in Brazil.
Page: Previous 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 NextLast modified: May 25, 2011