Skip to content
Case File
d-31310House OversightFinancial Record

Alleged $600M tax savings deal and disputed $20‑$50M advisory fee tied to Phaidon art investment

Date
November 11, 2025
Source
House Oversight
Reference
House Oversight #023231
Pages
2
Persons
1

Summary

The passage outlines a high‑value financial transaction ($600 million in after‑tax savings) and a contested advisory fee ranging from $20‑$50 million, involving senior staff (Brad Karp) and a major ar Claims of $600 million in after‑tax savings achieved through tax‑return corrections. Disputed advisory fee agreement: initially 50% of a $20 million payout, later reduced to $15 million Reference to

This document is from the House Oversight Committee Releases.

View Source Collection

Persons Referenced (1)

Tags

financial-flowfinancial-misconducttax-strategyadvisory-feeslegal-exposuremoderate-importancecontract-disputehouse-oversightart-investmenttax-avoidance
Share
PostReddit

Related Documents (6)

House OversightFinancial RecordNov 11, 2025

Alleged $600M after‑tax savings scheme and disputed $20‑$50M advisory fees tied to Phaidon, Athene and Rothschild transactions

The passage outlines a complex financial arrangement involving large sums (hundreds of millions) and mentions high‑profile entities (Rothschild, Athene, Brad Karp). It provides specific dollar figures Claims of $600 million in after‑tax savings generated by undisclosed cash‑flow manipulation. Disputed advisory fee of $20‑$50 million for a Phaidon‑related transaction, with alleged unilateral Refer

2p
House OversightFinancial RecordNov 11, 2025

Alleged $50‑60M fee dispute and discounted payments tied to Jeffrey Epstein, Brad Karp, and a mysterious “Phaidon” transaction

The passage contains specific monetary figures, named individuals (Jeffrey Epstein, Brad Karp, Alan, Brad Wechsler, Eileen Alexandersson) and references to large tax‑saving deals and a “Phaidon” trans Fee originally proposed at $50‑60 million, later reduced to $20 million, then allegedly $8 million. Reference to a $600 million tax‑saving transaction declared “bullet‑proof” by attorneys. Mentions o

2p
House OversightFinancial RecordNov 11, 2025

Internal memo outlining complex estate, tax, and art‑investment maneuvers involving Phaidon, artspace, and lawyer Brad Karp

The document provides a detailed, though informal, roadmap for restructuring assets, tax strategies, and payouts tied to high‑value art and investment entities (Phaidon, artspace) and mentions promine Proposes merging 49% of Phaidon into Artspance and having 'Richard' purchase Artspace. Mentions a disputed $20‑$50 million payout to the author, with alleged unilateral reduction by Brad Suggests cr

2p
House OversightFinancial RecordNov 11, 2025

Alleged $50‑60M Phaidon Deal Dispute Involving Brad Karp, Rothschild‑Rockefeller Bank and Potential Dormant Funds

The passage outlines a high‑value art‑investment transaction (≈$50‑60 M) with disputed payouts, mentions senior advisors (Brad Karp), major financial institutions (Rothschild, Rockefeller), and dorman Disagreement over a $50‑60 M Phaidon transaction price and a reduced $20 M payout. Brad Karp referenced as a decision‑maker who may not have been informed of prior agreements. Reference to Rothschild

2p
House OversightFinancial RecordNov 11, 2025

Internal advisory fee dispute involving $50‑60M discount and $20M payment settlement, mentions Brad Karp and large dormant accounts

The passage outlines a private financial advisory arrangement with high‑value fees and a contested payment reduction, naming a prominent New York lawyer (Brad Karp). It suggests possible undisclosed c Advisor demanded upfront advisory fee for a multi‑hundred‑million‑dollar transaction. Proposed discount to $50‑60M, later reduced to $20M after discussions with Brad Karp. Reference to $11M in dorman

2p
House OversightFinancial RecordNov 11, 2025

Private advisory fee dispute over multi‑million transactions involving Phaidon, Brad Karp and alleged Rothschild/Athene deals

The document outlines a personal compensation disagreement for advisory services on large transactions (hundreds of millions). It mentions a few high‑net‑worth individuals (Brad Karp, Alan, Rothschild Advisor claims a 50% payout on a $20‑$30 M fee for a $600 M transaction was renegotiated to $20 M. Mentions involvement of Brad Karp and an “Alan” whose contribution allegedly warranted a discount. R

2p

This document was digitized, indexed, and cross-referenced with 1,400+ persons in the Epstein files. 100% free, ad-free, and independent.