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for $274.66 made payable to Bobbi Judson; (4) check No. 37, dated
September 24, 1994, for $265 made payable to Marc Dronkers; (5)
check No. 38, dated November 23, 1994, for $650 made payable to
Donald J. Holleran; and (6) check No. 39, dated December 14,
1994, for $724.10 made payable to Marc Dronkers. Check Nos. 35
and 39 note Risktaker in the memo section of the checks, which
refers to a sailboat partly owned by Burton.
(b) Payments From ERG to NPI
During the years 1988 through 1994, Burton caused ERG to
transfer significant funds to NPI on the dates and in the amounts
as follows:
Date Transferred Amount Date Deposited
12/30/88 $180,000 Unknown
4/15/93 750,000 4/21/93
4/15/93 190,000 4/21/93
4/20/93 2,060,000 4/26/93
12/30/93 600,000 1/10/94
4/15/94 129,414 4/19/94
6/17/94 30,649 6/22/94
Total 3,940,063
Burton never told his accountant and return preparer, Edward
Bradac (Bradac), about ERG’s 1988 transfer of $180,000 to NPI.
Bradac was unaware of the transfer until late 1995 or early 1996
when he worked on compiled financial statements for ERG.
All the aforementioned transfers were made from ERG’s bank
account and deposited into NPI’s bank account.
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