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Amount
Date of Amount ofNegotiated
Payment Description and Payor of Check Payment for Cash
5/12/92 Bank of America cashier’s check for $36,0001$36,000 ---
purchased by petitioner payable to Star
Electronics
6/26/92 Check for $6,000 from Amuke Business Asso-7,000 ---
ciation payable to petitioner and
check for $1,000 from Amuke Business Asso-
ciation payable to UVW
6/30/92 Check for $26,250 from Amuke Business Asso-26,000 $250
ciation payable to petitioner
9/23/92 Check for $30,375 from Amuke Group payable230,000 ---
to UVW with “Water Systems” written on the
memorandum line
1/14/93 Check for $5,000 from Amuke Group payable5,000 ---
to petitioner
2/10/93 Check for $23,891 from Commonwealth Enter-23,891 ---
prises payable to petitioner
4/26/93 Check for $22,500 from Mr. Vulis payable to22,500 ---
cash
5/3/93 Check for $37,680 from Mr. Vulis payable to37,680 ---
cash
7/9/93 Check for $6,450 from Commonwealth Enter-6,450 ---
prises payable to petitioner
1Petitioner purchased the $36,000 cashier’s check by tendering to Bank
of America, inter alia, a $31,167.50 check dated May 11, 1992, from Amuke
Business Association that was payable to cash.
2The record does not disclose what happened to the remaining $375 of the
$30,375 check that was not used to make a payment against the balance due on
petitioner’s equity line account.
The proceeds of the check for $30,375 from Amuke Group that
is listed above constituted an advance or loan from Amuke Group
to petitioner in order for him to purchase certain water filters.
In 1992, the following check payable to Commonwealth Enter-
prises was drawn on petitioner’s UVW account:
Date of Check Check No. Amount
12/18/92 0988 $20,000
Nikolas Kiritopoulos
During at least part of 1993, petitioner participated in
certain income-producing activities with Nikolas Kiritopoulos
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