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check to TCM for commissions on those sales. Petitioner returned
the check to NSA, and NSA voided it. On June 20, 1984, he wrote
to NSA on TCM letterhead asking that a new commission check be
issued and sent to Camaro at a Hong Kong address. NSA sent a
check to Camaro for $12,328 on June 25, 1984, and Camaro
negotiated it on July 13, 1984.
c. Petitioner’s Representation in 1993 That He Was an
Owner of Camaro
On September 16, 1983, Intergraph Corp. (Intergraph) of
Huntsville bought 147,000 16K computer memory chips from Camaro
for $235,200. Petitioner endorsed the check as “owner” of
Camaro.
d. Camaro’s SCB VISA Card
On November 30, 1985, Choy and petitioner applied to SCB for
a VISA card for Camaro. A November 29, 1985, Camaro board
resolution authorized petitioner to sign on behalf of Camaro with
respect to the SCB VISA card. On December 27, 1985, SCB opened a
corporate VISA card account in petitioner's name.
Petitioner was the only authorized user of the SCB VISA
card. He used it in 1987 and 1988. SCB sent the monthly
statements for the SCB VISA card to petitioner at Camaro's Hong
Kong address. The amounts due were paid from Camaro's HSBC Hong
Kong dollar-denominated current account. Choy canceled
petitioner’s SCB VISA card on August 17, 1989.
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