Nancy B. Doyle - Page 5




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          deposit was $26,000, $7,000 of which came from a check signed by            
          petitioner and drawn on the Lavina/petitioner bank account.                 
               On November 25, 1992, Residential Advisor’s, Inc. check No.            
          185, made payable to petitioner and her husband in the amount of            
          $2,966.40, was deposited into the Michele/Denise Doyle bank                 
          account No. 1.                                                              
               On February 23, 1993, petitioner and her husband encumbered            
          their previously lien-free residence with a mortgage.  On March             
          1, 1993, petitioner and her husband received the mortgage                   
          proceeds in the form of a check for $93,424.03.  On March 3,                
          1993, petitioner and her husband used the mortgage proceeds to              
          obtain $10,000 in cash and the following cashier’s checks:7                 
                    Check No.        Amount         Payee                             
                    59205410       $8,180.45      Nancy Doyle                         
                    59205421       8,180.45       Nancy Doyle                         
                    49205355       8,180.45       Richard Doyle                       
                    59205366       8,180.45       Richard Doyle                       
                    59205400       8,180.45       Richard Doyle                       
                    59205388       8,180.45       Richard Doyle                       
                    59205443       8,180.45       Richard Doyle                       
                    59205454       8,180.44       Nancy Doyle                         
                    59205465       8,180.44       Nancy Doyle                         
                    59205476       9,700.00       Nancy Doyle                         
               The above-listed checks were disposed of as follows:                   
              (i) Check No. 59205410 was endorsed by petitioner and                  
          deposited on March 29, 1993, into the Michele/Denise Doyle bank             
          account No. 1;                                                              


               7The Doyles were charged a $10 transaction fee for each                
          cashier’s check.                                                            




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