-288-
During the period 1987 to 1989, BWK lent a total of $236,000
to PSAC to support its operations. At the time the record in
these cases was closed, PSAC had not repaid the loans from BWK.
We conclude Kanter owned BWK and all of its assets, and
Kanter used BWK as a conduit for receiving his share of the
payments from The Five.
G. Cracks in the Kanter Facade
We have adopted many of the general findings of fact
recommended in the STJ report. The findings so adopted, combined
with the Court’s additional findings of fact regarding (1) the
manner in which Kanter, Ballard, and Lisle carried out the
transactions with The Five, (2) the flow of the funds, and (3)
the use and enjoyment of the assets transferred to Carlco, TMT,
and BWK, constitute overwhelming objective evidence that Kanter,
Ballard, and Lisle participated in a complex, well-disguised
scheme to share kickback payments earned jointly by Kanter,
Ballard, and Lisle.
We briefly list the following items (subsections 1-7) as
further evidence that Kanter, Ballard, and Lisle earned the
payments that The Five remitted to various Kanter-related
entities.
1. The Hyatt Transaction
In March 1983, Weaver forwarded to Kanter the most recent
payment from Hyatt Corp. to KWJ Corp. Weaver’s letter requested
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