-209-
Brief at 647-648.101 At the end of 1983, THC had $392,539 in
TACI’s accounts. Petitioners’ Reply Brief at 648-649.
During 1984, THC transferred $1,194,000 from its bank
account to TACI’s accounts. Exhs. 149, 150; Petitioners’ Reply
Brief at 649.102 These transfers were identified in THC’s general
ledgers as investments, loans, or repayments of loans.
Petitioners’ Reply Brief at 649-650. During 1984, $756,300 was
transferred from TACI’s accounts to THC’s account, and in most
instances these transfers were identified as returns on THC’s
investments. Exh. 5406; Petitioners’ Reply Brief at 650-651.103
By the end of 1984, the net increase in THC’s funds deposited
with TACI was $434,700, for a total of approximately $827,000.
Petitioners’ Reply Brief at 651-652.
During 1983 and 1984, a total of $1,525,458 was transferred
from the TACI Special Account to Kanter’s personal bank account
identified as loans and retainer fees, as follows:
101 See app. 8 to this report. Only portions of THC’s
general ledgers were provided to respondent. Nevertheless, at
the end of 1983, THC had approximately $400,000 remaining in TACI
accounts. Petitioners’ Reply Brief at 648-649; Exh. 174.
102 See app. 9 to this report.
103 See app. 10 to this report.
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