Upchurch Financial Command Center

Fritz Saintilmond (DOB unknown, 7351 NW 20th Street, Sunrise FL 33313, (561) 827-4908) was hired as International Accountant at $95,000/yr on 6/27/2022, reporting to Markus Lutrzykowski. Beginning with the 11/04/2022 paycheck, Fritz inflated his own net pay from a normal $2,848.64 to $4,562.89 across the next five biweekly pay periods (the "double-pay" scheme described in the police report). On 12/16/2022 he also wired himself $10,000 from the CTI Citibank operating account ($17 fee). He resigned 1/06/2023. Markus filed FLPD case 342301006979 on 1/11/2023; Investigator Peter (Noah) Cameron, Economic Crimes Unit, opened it. Markus gave a recorded statement on 11/06/2023. Case has been dormant since 10/22/2024 — ~18 months of inactivity, satisfying the IRC §165(e) "no reasonable prospect of recovery" standard.

User estimate ~$25,000 likely accounts for: (a) 401k/Roth ADP diversions Fritz set up to himself ($307.70 employee + $615.40 Roth + $246.16 employer match per period ≈ $2,300+ across 2 periods), (b) any unauthorized vendor reimbursements not yet identified, and (c) audit-related forensics not in this evidence pack. Use $18,588 confirmed as the floor for tax purposes; the CPA may also pursue the user-estimated $25K with additional documentation.

1. Forward this entire evidence pack to tax CPA with a one-page memo: "Confirmed $18,588.30 §165(e) business theft loss — deduction year is whichever return remains open, likely 2024. Consider §165(e) discovery year vs. recovery-hopeless year split."
2. Ask CPA to confirm the deduction was NOT taken in any prior year. If it was — verify amount and write off remaining basis. If it wasn't — take the full $18,588 on 2024 return (or amend via 1120-X if 2024 already filed).
3. CPA opinion letter: "recovery no longer reasonably likely" based on 18-month FLPD dormancy + Cameron's lack of subpoena enforcement + Fritz's residential status (no asset trace, no civil judgment, no restitution order).
4. Optional: contact Investigator Cameron (PeterCa@fortlauderdale.gov, (954) 828-4224) for a courtesy update before deducting — his confirmation that the case is inactive supports the §165(e) determination.
5. Optional civil: $18,588 small-claims or Florida circuit civil suit against Fritz at 7351 NW 20th St, Sunrise FL. SOL on civil theft in Florida is 4 years (§95.11(3)(p)) — expires ~Jan 2027. If pursued and successful, deduction reverses in recovery year.
6. Pull the additional ~$2,300 in 401k/Roth ADP fraud + any vendor diversions from CTI archives to push the loss closer to the user's $25K estimate.

1. Original 12/29/2014 purchase closing statement (HUD-1) — establishes original basis.
2. Depreciation schedule 2014–2024 — total straight-line depreciation taken; drives §1250 recapture.
3. Capital improvement records — any post-2014 improvements that should be added to basis.
4. Form 1099-S for tax year 2025 (expected from Near North Title Group LLC).
5. 2025 Form 4797 draft from CPA before CTI Properties LLC return is filed — confirm §1231 / §1250 split.
6. 2025 K-1 from CTI Properties LLC if the LLC is taxed as partnership/S-corp — confirm gain flows correctly to Robert's personal return.

Smoking-gun evidence in hand 5/3/2026: The signed July 11, 2024 Carnival Cruise Line Recruiting Personnel Agreement, subtitled verbatim “Revised to Remove References to Indonesia,” formally removed Indonesia from CTI's CCL recruiting contract. Indonesia represented approximately 80% of CTI's CCL revenue. The amendment retained only Thailand, Vietnam, Myanmar, South Africa, and Malaysia — none of which approached Indonesia's volume. This is the documented trigger event for the post-TCJA §172 NOL carryforward (indefinite life, 80% offset cap on future taxable income).

1. Pull CTI's 2024 Form 1120 or 1120-S from the CPA — confirm a negative taxable-income line and a populated NOL field.
2. Pull 2022 and 2023 returns as well — establish the pre-amendment baseline revenue and confirm whether earlier loss years exist.
3. Request the CPA's NOL carryforward schedule with year-by-year balances.
4. Confirm the 80% of taxable-income limitation will be applied correctly in the first profitable year.
5. If 2024 is still on extension, file before deadline with the NOL claim included.
6. If 2024 was filed without the NOL, evaluate Form 1120-X amendment (3-year statute typically open until ~April 2028).
7. Keep the 7/11/2024 amendment with the permanent tax file as primary documentation if the deduction is later questioned.

Between 2018 and April 2021, Robert paid Maritime Builders Group, Inc. (Claude J. Richard) approximately $578,000 for renovations to three units at Point of America (1801, 1802, 601, Fort Lauderdale FL) including joining 1801-1802 into a double condo. An independent contractor reviewing the site after Maritime walked off the job estimated at most $150,000 in actual labor and materials had been delivered. The remaining ~$428,000 was paid for work never performed. Project stopped ~April 2021. Maritime never refunded, never returned to complete, and ignored two formal demand letters (4/15/2022 and 12/19/2022) from attorney Ted Galatis.

1. Feb-Apr 2021 — Robert’s repeated requests for proof of funds, window orders, and progress; Maritime evades. Project formally stopped ~March 2021.
2. Dec 1, 2021 + Feb 14, 2022 — Robert consults Mayor Dean Trantalis (also an attorney) for advice. Mentions 180k+ in HOA fees with no unit access for 3 years.
3. Feb 7-11, 2022 — Maritime sends “Plan of Action / Project restart” demanding fresh $20K to restart 601. Robert refuses.
4. Mar 8, 2022 — Galatis confronts Richard by phone; Richard claims he has “two attorneys.”
5. Apr 15, 2022 — First demand letter from Galatis to Maritime: “seeking estimates from other contractors who can complete the projects.” No response.
6. Aug 9, 2022 — Galatis confirms he never received estimates from Kieran and never met with Richard. Sends invoice.
7. Dec 19, 2022 — FINAL demand letter from Galatis to Maritime stating verbatim: “They estimate at most $150,000 in labor/materials for both projects. You have been paid approximately $578,000. You owe my client approximately $428,000.00. This will be your last opportunity … Remedies include a license complaint and/or a civil suit.” No response.
8. Dec 20, 2022 — Galatis follows up demanding response by 5pm same day. No response.
9. Dec 27, 2022 — Galatis drafts administrative License Complaint (Florida DBPR / CILB).
10. Mar 8, 2023 — Galatis closes the engagement: “As I have heard nothing from either of you since my e-mail to you on December 27, 2022, I assume that you no longer require my services. Please be aware that there is a five (5) year statute of limitations on breach of written contract should you need to sue Claude Richard and/or Maritime Builders Group.” — the explicit SOL warning. Engagement went dormant after this.