- 11 - probation. The sentencing judge provided that husband could reduce the length of his sentence by making restitution. The sentencing judge rejected husband’s claim of indigence: “[T]he court feels confident that you have either secreted funds or you have placed funds in trust to other family members so that funds are available.” Christa Karin Mueller Trust The Christa Karin Mueller Trust (the trust) was established by agreement dated April 30, 1989, between petitioner, as grantor, and husband’s brothers, as trustees. Petitioner is the sole vested beneficiary under the trust. The trust is governed by the laws of Germany. The trust was funded with stocks and bonds with a cost basis of $1,057,852.09 and an approximate fair market value at the time of transfer of $1,150,509. The stocks and bonds were transferred from accounts with Prudential-Bache and Shearson Lehman Hutton Inc., held in petitioner’s name alone. The trust funds are managed by Dresdner Bank located in Luxembourg. Petitioner received at least one distribution from the trust in the amount of $13,700 in 1990, and approximately $100,000 in distributions in 1991 through 1993. On or about July 12, 1994, petitioner obtained $450,000 by wire from the trust, which funds were used to post cash bail (the cash bail) for husband in the case leading to the 1994 conviction.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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