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efta-efta00962351DOJ Data Set 9OtherFrom: Valeria Chomsky
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DOJ Data Set 9
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efta-efta00962351
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From: Valeria Chomsky
To: "jeffrey E." <[email protected]>
Cc: Noam Chomsky
Subject: Fwd: Chomsky - Gene Landy's request
Date: Sat, 04 Nov 2017 15:53:09 +0000
Attachments: doc20170802090824.pdf
Inline-Images: image001.png
Jeffrey,
I think there is an important piece in what Bainco called "manual adjustment" from Noam's IRA, in the amount
of $150,000. We never received a clear explanation where the money went. Does the total amount of $150,000
really correspond to the loss of the investment that Bainco wrongly advised Noam. Please read below.
Valeria
Forwarded message
From: Robert Katz
Date: Wed, Aug 2, 2017 at 11:45 AM
Subject: Chomsky - Gene Landy's request
To: Gene Landy
Cc: Noam Chomsky
Valeria Chomsky
, Sam Bain
Jessica Foley
, Mark O'Keefe
Gene —
As requested please find attached the electronic statements as of 12/31/16 for the IRA accounts held at Pershing. The
"manual adjustment" is actually an increase to the Pershing IRA year-end 2016 account balance calculation for
determining Noam's 2017 RMD. The increase reflects assets held outside of Pershing; at Millennium.
You will please note that after Bainco's receipt of the Millennium 12/31/16 statement, 372 Outsmart announced that the
company was closing its operations and that a final K-1 would be issued for 2016. Thus the value for 372 Outsmart will be
reduced to $0 thereby changing the 12/31/16 Millennium IRA value to $75,000.
However, in either case ($150,000 value or a $75,000 value); Mr. Chomsky has withdrawn an amount in excess of his 2017
RMD calculation (as he has done in the past).
I hope this information helps.
Best regards,
EFTA00962351
Robert Katz, CFP®
Wealth Strategies. Managing Director. Partner
699 Boylston Street 10th Floor I Boston, MA 02116
Main
Direct
www.bainco.com I
REmail Signature Logo
Forwarded messa e
From: Gene Landy
Date: Mon, Jul 10, 2017 at 7:33 PM
Subject: Noam and Valeria Chomsky Account Adjustment
To: '
Cc: "Noam Chomsk
Hello Mr. Katz,
>, Valeria Chomsky
I am legal counsel to Noam and Valeria Chomsky; this email request is written on their behalf.
Bainco recently notified my clients of a $150,000 "manual adjustment," presumably a reduction in value, in
Noam Chomsky's Bainco account.
Can you kindly provide electronic copies of the account statements that are immediately prior to and after the
adjustment? Could you also please provide an explanation of why each such adjustment was made and what
investments are involved?
Thank you for your attention to this matter,
Sincerely,
EFTA00962352
Gene
Gene Landy
Chair, Technology Business Group
Ruberto Israel & Weiner PC
255 State Street, 7th Floor I Boston, MA 02109
Office:
I Fax:
e-mail:
I IA' W V‘ riwcom
A Focus on Technology Business
NOTICE: This email with its attachments, if any, is intended solely for permitted use by authorized recipients. If
you are not an authorized recipient of this email, your retention, transmission, disclosure, or use of this email is
prohibited. If you received this email in error, please notify the sender and delete this email and its attachments
from your devices and systems.
This communication is for informational purposes only. It is not intended as an offer or solicitation for the
purchase or sale of any security or financial instrument or as an official confirmation of any transaction. Market
prices, data and other information are not warranted as to completeness or accuracy and are subject to change
without notice. The comments or statements made herein do not necessarily reflect the opinions of Bainco
International Investors, LLC, its subsidiaries and affiliates. The email may contain confidential or proprietary
information. If you are not the intended recipient of this email, please immediately reply to the sender and make
the sender aware of the mistake and then delete the email.
This communication is for informational purposes only. It is not intended as an offer or solicitation for the
purchase or sale of any security or financial instrument or as an official confirmation of any transaction. Market
prices, data and other information are not warranted as to completeness or accuracy and are subject to change
without notice. The comments or statements made herein do not necessarily reflect the opinions of Bainco
International Investors, LLC, its subsidiaries and affiliates. The email may contain confidential or proprietary
information. If you are not the intended recipient of this email, please immediately reply to the sender and make
the sender aware of the mistake and then delete the email.
EFTA00962353
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