Case File
efta-02610606DOJ Data Set 11OtherEFTA02610606
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DOJ Data Set 11
Reference
efta-02610606
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2
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0
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From:
Richard Kahn <
Sent:
Wednesday, December 5, 2018 7:27 PM
To:
Jeffrey Epstein
Subject:
Paul Proposal
Paul =entioned yesterday that he was going to call and email you as he wants =esolution..
I told him not to reach out to you and that = was going to be speaking with you today...
Paul is aware you no =onger want to work together and below is asking for 300,000 so that he =ould be paid pro rata
thru 12-31-2018..
please =dvise
thank you
Total fees / loan paid to date: =,158,093
10/6/2017 FTRE 1,000,000
9/30/2017
=6,438
12/31/2017 =/span> 91,655
3/31/2018 =/span> 25,000
6/30/2018 =/span> 25,000
total fees paid: 158,093
Richard Kahn
HBRK Associates Inc.
575 =exington Avenue 4th Floor
New York, NY 10022
tel
fax
cell
Begin forwarded message:
From: =/b>Paul Barrett <
Subject: =/b>Proposal
Date: =/b>December 5, 2018 at 9:21:39 AM =ST
EFTA_R1_01805430
EFTA02610606
To: =/b>Richard Kahn <
Hi Rich
Thanks for the offer to get involved.
Considering that we had a 2 year deal at $1.5mm which =as reduced down to $1.1mm based off other client fees
with no =erformance clause built in I think the following is a fair =ompromise:
- pay me out through December 31st at the pro Rata rate =hich is $275K
- pay the $25K balance that is still due to me from =une
- so a total of $300K and we go our separate ways
- I have not been paid since the June invoice yet =ontinue to oversee the portfolio and do the right thing and live
up to =y side.
- this is not the outcome anyone wanted most of all me - =ot only did I walk away from all my JPM stock but now
my comp will be =own by 66% until I can find more clients. There was never any =erformance clause or rules around
how I manage the portfolio. So there really is no basis to renegade on our deal.
And lastly if DB or ML close the accounts he could still =rade using the Alpha Group top account. So at least he
keeps access. =nd he will lose on any syndicate p/I. I would think these would both be =aluable to him. And don't even
bother trying to trade bonds through TD or Interactive Brokers.
Thank you once again.
Paul
Paul Barrett
Alpha =roup Capital LLC
142 W 57th <x-apple-data-detectors://0/1> Street, 11 <x-apple-data-detectors://0/1> th <x-apple-data-
detectors://0/1> Floor, New York, NY 10019 <x-apple-data-detectors://0/1>
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2
EFTA_R1_01805431
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