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title to the Dillon house to be in his name because he had some
judgments against him.
Grant lived in the Dillon house, repaired it, and paid taxes
and insurance on it. In March 1993, Reaves Livestock sold the
Dillon house to Grant for $20,000. Mrs. Reaves transferred title
to him. Grant paid $20,000 to Reaves Livestock.
C. The 282 Checks
A total of 282 checks were drawn on the Reaves Livestock
account and payable to fictitious persons from 1984 to 1987 (the
282 checks). Reaves Livestock deducted the 282 checks as
business expenses. The checks totaled the following amounts each
year:
Year Amount
1984 $79,596
1985 111,000
1986 153,051
1987 154,426
Total $498,073
All but one of the 282 checks included notations such as "5
hogs - 2975#", "corn", or "3 cattle - 2200#". Mr. Reaves and
Wright signed most of the 282 checks. Lawson signed seven of the
checks totaling about $19,701 from November 17 to December 29,
1987. Lawson cashed 273 of the 282 checks. Mrs. Reaves endorsed
two of the checks, Mr. Reaves endorsed one, and Prevatte endorsed
one. Lawson cashed four of the 282 checks, totaling $35,000, on
August 28 and 29, 1986.
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