- 8 - 11. From May 1988 through November 1989, Vernon and Janet paid, with TECO checks, service charges to Glamour Pools for the pool located at their personal residence. 12. On July 7, 1988, Vernon purchased a 1988 Toyota 4 Runner for $23,047.01. Vernon used a TECO check to pay part of the purchase price. The vehicle was titled to Vernon, insured as a personal vehicle, and was driven exclusively by Vernon or members of his immediate family for personal use. 13. In mid-1988, the Griffins had a fence constructed at their personal residence. On July 5, 1988, Janet wrote a TECO check totaling $4,582.50 to Jim Young Fence Company to pay for the fence. This check was deducted as a “miscellaneous” business expense on TECO’s books. 14. On December 9, 1988, a $1,200 TECO check was used to make a mortgage payment on Vernon’s sister’s house. This check was deducted as an “operating supplies” expense on TECO’s books. 15. On December 21, 1988, Vernon received a $1,900 check from TECO. This check was deducted as a “miscellaneous” business expense on TECO’s books. 16. In 1988, the Griffins backdated at least two checks. 17. In 1988 and 1989, contrary to normal practices, Vernon failed to deposit receipts of TECO’s scrap metal sales into TECO’s business bank account. 18. During 1988, Vernon and Janet wrote TECO checksPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 Next
Last modified: May 25, 2011