- 15 -
and then to 610 Sandy Hook Road. Mr. and Mrs. Pert had a young
son and they were expecting another child when they stayed at the
motel. Mr. and Mrs. Pert lived modestly.
4. Mr. Pert's Boat
Mr. Pert bought a boat for $11,000 shortly after he married
Mrs. Pert in 1991. He traded in that boat in 1995 for a $24,000
22-foot Hydrasport fishing boat. He financed the purchase of the
second boat and owed $11,000 as of the date of trial.
F. The Cash Transactions
On March 20, 1991, Kaltenbach and Mrs. Pert opened the
Peoples State Bank account for Mr. Riffe's estate and deposited
$115,358, as described above at par. D-3. On that day, Mrs. Pert
wrote a $5,000 check to herself. On April 9, 1991, she wrote a
$5,000 check to herself for a downpayment on a car.
On April 16, 1991, Mrs. Pert deposited $268,000 (items 5-9
on the inventory) in cash in C&S account No. 87051982. On April
18, 1991, she closed that account, deposited $250,000 in C&S
trust account No. 836150 and deposited $18,091 in C&S ultima
account No. 81203284. Mrs. Pert opened the C&S accounts in her
name. On May 6, 1991, Mrs. Pert used part of the $250,000 from
account No. 836150 to buy a $100,000 certificate of deposit, and
$97,256 to buy a $100,000 U.S. Treasury bill. On June 5, 1991,
Mrs. Pert used part of the $250,000 to pay $45,020 to buy shares
of the C&S tax-exempt bond fund.
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