- 3 - Rule references are to the Tax Court Rules of Practice and Procedure. Background Some of the facts have been stipulated and are so found. The stipulation of facts filed by the parties, with attached exhibits, is incorporated herein by this reference. Petitioner was incarcerated in a Federal prison in Danbury, Connecticut, at the time the petition herein was filed. From 1985 through 1989, petitioner was involved in dealing cocaine in amounts ranging from 1/4 pound to multiple kilograms. In June 1989, petitioner was indicted by a Federal grand jury for conspiracy to distribute cocaine, distribution of cocaine, and money laundering (the indictment). On September 6, 1989, in response to the indictment, petitioner executed an agreement (the plea agreement) with the U.S. Attorney for the District of Maryland to plead guilty to two counts of the indictment: conspiracy to distribute cocaine and money laundering. In paragraph 3.(f) of the plea agreement, petitioner admits that he knowingly acquired, with proceeds traceable to transactions involving narcotics, certain realPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
Last modified: May 25, 2011