Jerry D. Criner - Page 8

                                        - 8 -                                         
          $179,000.                                                                   
               On January 15, 2002, Counsel issued an advisory opinion to             
          Revenue Officer Baustert approving his request to file a nominee            
          NFTL against the Claremore property.  The January 15, 2002,                 
          opinion listed the following facts in support of its conclusion             
          authorizing the filing of a nominee NFTL:  (1) The Claremore                
          property was purchased free and clear at a time when petitioner             
          had considerable amounts of cash that he had earned illegally;              
          (2) title to the Claremore property is in the name of a close               
          relative, i.e., petitioner’s mother; (3) petitioner had admitted            
          to a revenue officer that he owns a partial interest in the                 
          Claremore property; (4) petitioner had paid the property taxes on           
          the residence and had lived in the residence for many years; (5)            
          petitioner has a history of placing property that he owns in the            
          names of other persons or entities; (6) petitioner failed to                
          produce affidavits from his brothers and sisters confirming under           
          oath that they have an ownership interest in the Claremore                  
          property; (7) petitioner’s ex-wife filed a quitclaim deed                   
          releasing any ownership interest that she held in the property in           
          April 1990; and (8) Counsel had already authorized on similar               
          facts the filing of a nominee NFTL against certain New Jersey               
          condominiums titled in the name of petitioner’s wife.                       
               On January 17, 2002, Mr. Baustert filed a nominee NFTL                 
          against the Claremore property with the County Clerk, Rogers                






Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: May 25, 2011