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In addition to her own testimony, petitioner offered
testimony from her sisters Hong Lai and Sharon Huynh, and her
daughter Victoria Lai Hutchins to support her contention that the
deposits into her personal accounts represent loan proceeds and
repayments from intrafamily loans. Petitioner also offered the
second set of letters that she gave to Agent Cedergreen during
the examination of petitioner’s 1999, 2000, and 2001 income tax
returns.
Petitioner, Hong Lai, Sharon Huynh, Victoria Lai Hutchins
all testified that petitioner participated in several intrafamily
loans during the years at issue in an effort to help family
members establish financial stability as they arrived and settled
in the United States. Petitioner testified that she deposited
the proceeds of several loans into her personal accounts during
the years at issue. Hong Lai, who had indepth knowledge of her
extended family’s financial affairs, corroborated that several
letters from the second set were authentic and that she
recognized the handwriting and signatures of her sisters in
Vietnam on 31 of the letters.6 Sharon Hunyh’s and petitioner’s
testimony regarding the letters corroborated Hong Lai’s
testimony.
6 Although petitioner’s witnesses testified that additional
letters were authentic, some pertain to loan transactions that
occurred in years other than the years at issue.
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