Epstein Secrets

E NEW YORK, NEW YORK IN THE MATTER OF FORTRESS VRF I LLC and FORTRESS VALUE RECOVERY FUND I LLC, Claimants v. JEEPERS, INC., Respondent and FINANCIAL TRUST COMPANY, INC. and JEEPERS, INC., Counter-Claimants and Third-Party Claimants v. FORTRESS VALUE RECOVERY FUND I LLC, Counter-Respondent and D.B. ZWIRN PART

335 Letter to Tallah Woykowski from Investor 2/8/2007 VRF 00001394 336 Email to Elise Hubsher and Alisa Butchkowski from Dan Zwirn, attaching Financial Trust spreadsheet 2/14/2007 DBZCO_FTC 0002140 — 0002141 3 EFTA00614027 Exhibit Descri tion Date Bates 337 E-mail i from Seth Lebowitz re Jeepe

370 Letter to David Lee from Jeffrey Epstein re Settlement Agreement and Release 1/5/2010 JE 001552 371 Henry Bregstein Biography — — 372 Henry Bregstein Expert Report 6/24/2011 — 373 Sponsor B - Redacted Confidential Offering Memorandum _ BREGSTEIN 0000000] — 00000049 374 Sponsor C — Redacte

THE MATTER OF FORTRESS VRF I LLC and FORTRESS VALUE RECOVERY FUND I LLC, Claimants v. Reference No. 1425006537 JEEPERS, INC., Respondent and FINANCIAL TRUST COMPANY, INC. and JEEPERS, INC., Counter-Claimants and Third-Party Claimants v. Arbitrator: Hon. Anthony J. Carpinello (Ret.) D.B. ZWIRN SPECIAL OPPORTUNITIE

laims and defenses: Daniel Zwim; Jeffrey Epstein; David Lee; Doug Cardoni; Elise Hubsher; Brad Flood; Allyson Alimansky; and Heath Weisberg. Henry Bregstein of Katten Muchin Rosenman LLP may testify as an expert on the practices relating to restrictions on investment withdrawals (and the reasons for suc

THE MATTER OF FORTRESS VRF I LLC and FORTRESS VALUE RECOVERY FUND I LLC, Claimants v. Reference No. 1425006537 JEEPERS, INC., Respondent and FINANCIAL TRUST COMPANY, INC. and JEEPERS, INC., Counter-Claimants and Third-Party Claimants v. Arbitrator: Hon. Anthony J. Carpinello (Ret.) D.B. ZWIRN SPECIAL OPPORTUNITIE

laims and defenses: Daniel Zwim; Jeffrey Epstein; David Lee; Doug Cardoni; Elise Hubsher; Brad Flood; Allyson Alimansky; and Heath Weisberg. Henry Bregstein of Katten Muchin Rosenman LLP may testify as an expert on the practices relating to restrictions on investment withdrawals (and the reasons for suc

("Addt'l Jan 1 $20mm FTC is subject to 2 yr lock not 3 yr"); see also Exhibit F at HCMARB_00000155 ("Attached please find the side note relating to Financial Trust Company, Inc.'s January 1, 2005 investment in D.B. Zwim Special Opportunities Fund, LP") (emphasis added).) There are two additional problems with Jeepers's curren

ting to such a lock-up, the investor gains the potential for the higher returns presented by illiquid investments. (See Exhibit X, Expert Report of Henry Bregstein, at 4-8.) Table 3 illustrates this point. If an investor invests $10 million on May I, 2002 (as Jeepers did) under a rolling two-year lock-up sched