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adequately supported by other reliable evidence in the record.
The record as a whole establishes to our satisfaction that Fleet
lent the $250,000 to petitioner personally, that petitioner
transferred those proceeds to Calvary, that petitioner recorded
on Calvary’s books that it (and not he) had received those
proceeds directly from Fleet in the form of a loan, and that
petitioner erroneously recorded the loan as between Fleet and
Calvary. We hold for petitioner on this issue.
We have considered each of the parties’ arguments and have
rejected those arguments not discussed herein as irrelevant or
without merit. Accordingly,
Decisions will be entered
under Rule 155.
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Last modified: May 25, 2011