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On some occasions petitioner would deposit a group of third
party checks. He would tell Ms. Clark, and she would write his
account number on the checks. He never had a deposit slip, so
Ms. Clark prepared one for him. The deposits of these third
party checks into his checking account were reflected in his bank
account and in his bank statements.
Except for petitioner, Ms. Hattier never handled a
transaction for any other customer or board member where she
accepted third party checks, deposited them into the First
Federal suspense account, and then issued a First Federal bank
check in the total amount of the third party checks.
Petitioner's Use of First Federal Bank Checks
All of the First Federal bank checks were made payable to
petitioner, and none of them were reflected in his First Federal
checking account.
In 1987, petitioner procured at least 52 bank checks from
First Federal which were made payable to him in the total amount
of $189,211.97.
In 1988, petitioner procured at least 29 bank checks from
First Federal which were made payable to him in the total amount
of $116,646.73.
Petitioner endorsed each First Federal bank check. Of the
First Federal bank checks, he deposited 39 of them with
Shearson/American Express for investments during 1987 and 1988.
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