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  • KING JURY MAY BE CLOSE; DO TAX PROBLEMS LOOM FOR A FREE DON?

         In a sign they "may be close to reaching a verdict," jurors
    in Don King's wire fraud trial asked Judge Lawrence McKenna
    during yesterday's third day of deliberations "how they should
    handle the third element of his alleged crime" (Al Guart, N.Y.
    POST, 11/16).  Columnist Wallace Matthews notes, "for the jury to
    even get to that point, it must have answered 'yes'" to questions
    of whether there was a scheme to defraud and if King did
    knowingly take part or cause others working for him to do so.
    Matthews writes the jury "gave every indication that it is about
    to convict King on some, if not all" of the nine counts (N.Y.
    POST, 11/16).  However, ESPN analyst Ken Caruso said "there's no
    reason for any side to push the panic button" ("SportsCenter,"
    11/15).
         DEFENSE BLUNDER?  Caruso believes King would have been
    acquitted had he not testified ("SportsCenter," 11/15).
         TAX PROBLEMS?  Meanwhile, NEWSDAY's Greg Logan reports that
    King, convicted or not, "may face tax problems" as a result of
    testimony.  Logan notes King's payments to translator Gladys Rosa
    indicated he improperly received credit on a 1099 form in '94,
    and that he could come under further IRS scrutiny if it is
    determined he profited from the Chavez insurance settlement
    (NEWSDAY, 11/16).
    

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