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Amount
Date of Total of Cash Amount of
Deposit Account Deposit Received Alleged Loan Alleged Lender
3/23/92 Petitioner’s $50,000 --- $50,000 Mr. Kroma
UVW account
5/12/92 Petitioner’s 36,000 --- 31,167.50 Amuke Business
equity line Association
account
6/30/92 Petitioner’s 26,000 $250 26,250 Amuke Business
equity line Association
account
8/7/92 Petitioner’s 7,720 150 7,870 Amuke organiza-
UVW account tions
9/11/921 Petitioner’s 3,850 --- 3,850 Mr. Vulis
UVW account
9/23/92 Petitioner’s 30,000 2375 30,375 Amuke organiza-
equity line tions
account
12/15/92 Petitioner’s 30,100 --- 30,000 Mr. Syelsky
UVW account
12/16/92 Petitioner’s 10,500 --- 10,500 Commonwealth
UVW account Enterprises
1/14/93 Petitioner’s 5,000 --- 5,000 Amuke organiza-
equity line tions
account
1Petitioner contends that the date on which the $3,850 check was
deposited into petitioner’s UVW account was Sept. 1, 1992. However, the
record shows that a $3,850 check from Commonwealth Enterprises was deposited
into petitioner’s UVW account on Sept. 11, 1992, and not on Sept. 1, 1992. We
presume that petitioner’s reference to Sept. 1, 1992, was unintentional.
2Although the record does not establish that the difference between the
amount of the alleged loan claimed by petitioner ($30,375) and the amount of
the Sept. 23, 1992 payment against the balance due on petitioner’s equity line
account ($30,000) was cash received by petitioner, petitioner appears to take
that position, and respondent does not dispute it.
Petitioner also contends that a $15,000 cashier’s check payable
to him that was issued by Home Savings of America and that he
cashed on December 4, 1991, represented a business loan from Mr.
Reingatch.
With respect to the March 23, 1992 deposit at issue of
$50,000, petitioner contends that that deposit, which we have
found was derived from a $50,000 check from Mr. Kroma, repre-
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