EFTA02339020.pdf

From: Richard Kahn Sent: Wednesday, May 13, 2015 1:06 PM To: Jeffrey E. Subject: Re: BofA Personal Financial Statements agree with all your comments rich d =xplanation makes no sense with his explanation and because it was =lways presented goofy does not mean we should continue in that =ashion.. can you please forward PFS they sent =ou so i can review as well was IRS payments of 21mm and State Tax payments of 15mm for =an 2015 included as payables? how about april 2015 tax payments for fed =nd state? NY townhouse construction as payable? =ownhouse RE taxes which probably are 150k per year? fine art purchases per cash flow of 10.7mm in January =015 arizona sale proceeds of home for 1.4m as a =eceivable? Richard Kahn HBRK Associates Inc. 575 Lexington =venue 4th Floor New York, NY 10022 On May 13, 2015, at 8:29 AM, Jeffrey E. <jeevacation@gmail.com> wrote: =orwarded message From: Jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@gmail.com» Date: Tue, =ay 12, 2015 at 8:49 PM Subject: Re: BofA Personal =inancial Statements To: Richard D'Agostino Cc: Brad =echsler boat and plane =nvoices? gift tax, ? =h said real estate tax. not =perations. im not =allowing the logic. . at all. On Tue, May 12, 2015 at 7:13 PM, Richard ='Agostino > wrote: EFTA_R1_01301866 EFTA02339020 Your point of inconsistent =resentation is well received as to why it could raise an issue at the =ank. As we continue to get our arms around the many moving parts, =e strive to present a more complete picture at each F/S date. As =ou have pointed out, it's not 100%. Question: From a bookkeeping standpoint, do =e want to show payable/receivables or be cash basis instead? Leon =99s credit cards were shown on the Dec 31'14 BofA F/S as were =he boat and plane loans. Outstanding invoices for operations — =unction of when invoices received and/or level of entity =ctivity. We try to pay on a weekly cycle. SH Meadow happens =o be an entity w/ high volume due to ongoing construction. Items =ot included were the unpaid 2013/2014 Paul Weiss ($1.3mm), which were =iscovered at year end & Raiche Ende Malter ($0.5mm) invoices as =ell as the Jan '15 tax payment. Historically, the PW =nvoices never came thru Finance dept. In hindsight, we could have went back & recorded manual adj. for =hese. From: jeffrey E. [mailto:jeevacation@gmail.com <mailto:jeevacation®gmail.com> ] Sent: Tuesday, May 12, 2015 4:05 PM To: Brad Wechsler; Richard D'Agostino Subject: Fwd: BofA Personal Financial Statements avionetta , is only the =oan? operations. boat? billls, credit =ards income taxes. why only sh real estate. employee =elated. , insurance, . return of proceeds on options. ? excise? =onuses? Forwarded message - From: Richard Joslin Date: Tue, Apr 28, 2015 at 10:21 AM Subject: RE: BofA Personal Financial Statements To: Jeffrey Epstein <jeevacation@gmail.com <mailto:jeevacation@gmail.com» Cc: Richard D'Agostino mailto: DETAIL OF =CCOUNTS PAYABLE 2 EFTA_R1_01301867 EFTA02339021 DEC 31 2014 ENTITY/ PERSON DESCRIP AMOUNT JMWT LLC DUE TO PHAIDON =LOBAL =4,296) APO1 GRAT #2 EMPIRE =ALUATION (10,490) AVIONETA =OLDINGS JET AVIATION =414,482) SH MEADOW LLC REAL ESTATE TAX (25,880) APO2 TRUST USE TAX =102,063) APO1 TRUST USE TAX =1,308,338) LOB USE TAX 3 EFTA_R1_01301868 EFTA02339022 =532,866) NARROWS USE TAX =3,243,464) FRIENDS =ENTURES USE TAX (1,001,300) =6,643,179) From: =ichard D'Agostino Sent: Friday, April 10, 2015 6:23 PM To: Jeffrey Epstein Cc: Richard Joslin Subject: BofA Personal Financial Statements Jeffrey, Please find attached draft PFS for Leon as of December 31, =014 which have been reviewed by both Rich & Brad. The same methodology was followed as last time these were prepared. =or your reference, I have attached the prior PFS. Let us know if =ou have any comments. Regards, please =ote The information contained in this =ommunication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of 4 EFTA_R1_01301869 EFTA02339023 JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this =ommunication is confidential, may be attorney-client =rivileged, may constitute inside information, and is =ntended only for the use of the addressee. It is the =roperty of JEE Unauthorized use, disclosure =r copying of this communication or any part thereof is =trictly prohibited and may be unlawful. If you have =eceived this communication in error, please notify us =mmediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this =ommunication and all copies thereof, including all =ttachments. copyright -all rights reserved please =ote The information contained in this =ommunication is confidential, may be attorney-client =rivileged, may constitute inside information, and is =ntended only for the use of the addressee. It is the =roperty of JEE Unauthorized use, disclosure =r copying of this communication or any part thereof is =trictly prohibited and may be unlawful. If you have =eceived this communication in error, please notify us =mmediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this =ommunication and all copies thereof, including all =ttachments. copyright -all rights reserved EFTA_R1_01301870 EFTA02339024