- 25 - By way of further illustration of testimony of Mr. Mifsud that we found to be implausible, inconsistent with and not supported by objective evidence in the record, and not credible Mr. Mifsud testified that his father owned a very large, eight- bedroom house in Malta, which, according to Mr. Mifsud, his father sold for 30,000 pounds in 1952, or $146,400 at the then prevailing exchange rate of $4.88 per pound. Maltese official records show only two purchases and one sale of real property by Mr. Mifsud's father and one sale by Mr. Mifsud and certain of his family members. In November 1929, Mr. Mifsud's father purchased a house in Malta for 570 pounds. In April 1937, he sold that house for 270 pounds. In September 1938, Mr. Mifsud's father purchased another house in Malta for 350 pounds. In 1966, Mr. Mifsud, along with his mother, three brothers, and a sister sold a house in Malta for 2,600 pounds, or $7,254 at the exchange rate in effect in 1966 of $2.79 per pound. We also found implausible, not supported by objective evidence in the record, and not credible Mr. Mifsud's testimony that although his father did not have to work since he brought with him approximately $500,000 from Malta in 1951, he decided to take a position about a year after he emigrated to the United States when he was 48 years old as a head waiter at a hotel in Detroit because he was bored. We simply do not believe that Mr. Mifsud's father would have undertaken such physically demandingPage: Previous 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Next
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