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claimed tax shelter deductions that had been disallowed by
respondent, and petitioner believed Alimam’s explanation as to
the reason for their financial difficulties and for the
bankruptcy petition that was filed.
During the hearings relating to the above bankruptcy,
petitioner first learned that Alimam had purchased in his own
name, among other assets, a boat, a villa in Colorado, six or
seven cars, and expensive fine art. Alimam had not informed
petitioner of any of these purchases. This first bankruptcy case
was closed on June 11, 1991. The record is unclear as to the
resolution of this bankruptcy case.
A number of times during the years at issue, due to Alimam’s
failure to pay household utility bills, the family’s utilities
were shut off, and on one occasion, in order to keep the
utilities on, petitioner pawned a Rolex watch Alimam had given
her.
On June 16, 1995, Alimam again filed for bankruptcy, and
again petitioner signed this bankruptcy petition. This time,
Alimam inaccurately told petitioner that this second bankruptcy
was caused by another audit by respondent in which respondent
disallowed expenses claimed on their joint Federal income tax
returns filed in the early 1990s relating to Alimam’s medical
practice.
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