- 32 -
Subsequently, on July 18, 1988, with Hasman’s approval,
Belofsky deposited a check for $80,000, drawn on the Sam Han
account, to ANB No. 3, but Northwest was not made aware of the
existence of the Sam Han account at this time.20 Northwest’s
auditors uncovered the Sam Han account sometime shortly before
September 2, 1988, when Hasman wrote Belofsky demanding an
explanation.21 The Sam Han account was the subject of an
amendment to the TRO sought by Northwest and granted on October
14, 1988, which specifically identified and “froze” it. As of
20 In an Aug. 4, 1998, letter to Belofsky, Hasman reiterated
complaints about petitioner’s recalcitrance in disclosing
information:
Enclosed marked Attachments I through IV is the current
list of information and documents requested from Mr.
Han quite some time ago, but still not turned over.
Even a cursory review of Attachments I through IV
belies your recent statements that we are close to
having all of the significant information that we need
to complete our audit. When I see unaccounted for wire
transfers and withdrawals in the quarter or half
million dollar ranges, I cannot help but become very
skeptical about the reasons Mr. Han has not been
forthcoming with this information.
* * * We are learning of new accounts, other
previously undisclosed assets and other information
suggesting that there may be “more out there” than Mr.
Han has misled us to believe.
21 Hasman’s Sept. 2, 1988, letter states: “We * * * demand
prompt written explanation of who Seung Soo Han is. Our ticket
money has been traced into Prudential-Bach account ATY-110949
[i.e., the Sam Han account], standing in that person’s name”.
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