Epstein Secrets

From: "Jeffrey E." <[email protected]> To: Richard Kahn Subject

so please reply to vahe as well as they will not take orders from me Thank you From: Vahe Stepanian Date: Friday, January 15, 2016 at 8:27 AM To: Jeffrey Epstein <[email protected]> Cc: Daniel Sabba , Ariane Dwyer > wrote: Paul Morris , Stewart Oldfield >, Richard Kahn Subject: RE: JPYKRW [C] Classi

Cc: Daniel Sabba , Ariane Dwyer > wrote: Paul Morris , Stewart Oldfield >, Richard Kahn Subject: RE: JPYKRW [C] Classification: Confidential Jeffrey — indicatively, current two-way market on your JPYKRW forward is 10.47 x 10.49. Original unofficial trade details are below. Thank you, Va he Fro

33. Original unofficial trade details are below. Thank you, EFTA00836469 Vahe From: Vahe Stepanian Sent: Friday, October 30, 2015 4:58 PM To: jeffrey E. Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfield; Richard Kahn Subject: Trade Report 10/30/2015 [C] Classification: Confidential Jeffrey

Friday, January 15, 2016 at 8:27 AM To: Jeffrey Epstein <[email protected]> Cc: Daniel Sabba , Arian

[C] Classification: Confidential Jeffrey — today you executed the following: BuySell Currencyl Notionall Currency2 Notional2 SettlementDate ForwardRate ExpiryDate Fixing Date Mid Initial margin = 15% Client Buys JPY 1,200,000,000 KRO -11,540,400,000 Thu 04 August 2016 9.617 Tue 02 August

so please reply to vahe as well as they will not take orders from me Thank you From: Vahe Stepanian Date: Friday, January 15, 2016 at 8:27 AM To: Jeffrey Epstein Cc: Daniel Sabba < Stewart Oldfield Subject: RE: JPYKRW [C] Ariane Dwyer Richard Kahn Classification: Confidential , Paul Morris < Jeffrey — indi

n Sent: Thursday, January 14, 2016 1:03 PM To: 'jeffrey E.' Cc: Daniel Sabba; Mane Dwyer; Paul Morris; Ste

10.47 x 10.49. Original unofficial trade details are below. Thank you, Vahe From: Vahe Stepanian Sent: Thursday, January 14, 2016 1:03 PM To: 'jeffrey E.' Cc: Daniel Sabba; Mane Dwyer; Paul Morris; Stewart Oldfield; 'Richard Kahn' Subject: JPYKRW [C] Classification: Confidential Jeffrey — following

forward at 10.33. Original unofficial trade details are below. Thank you, Vahe From: Vahe Stepanian Sent: Friday, October 30, 2015 4:58 PM To: jeffrey E. Cc: Daniel Sabba; Mane Dwyer; Paul Morris; Stewart Oldfield; Richard Kahn Subject: Trade Report 10/30/2015 [C] Classification: Confidential EFTA00629

From: Richard Kahn To: Jeffrey Epstein Subject: FW: JPYKRW [C] Date: Fri, 15 Jan 2016

cation: Confidential EFTA00629877 Jeffrey —today you executed the following: BuySell Currencyl Notionall Currency2 Notional2 SettlementDate ForwardRate ExpiryDate Fixing Date Mid Initial margin = 15% Confirm to follow with official trade details. Thank you, Vahe Client Buys JPY 1,200,000,00

10.47 x 10.49. Original unofficial trade details are below. Thank you, Vahe From: Vahe Stepanian Sent: Thursday, January 14, 2016 1:03 PM To: 'Jeffrey E.' Cc: Daniel Sabba; Mane Dwyer; Paul Morris; Stewart 0ldfield, 'Richard Kahn' Subject: JPYKRW [c] Classification: Confidential Jeffrey — following

ject: Re: JPYKRW [C] EFTA00836463 dollar amounts please On Fri, Jan 15, 2016 at 8:27 AM, Vahe Stepanian > wrote: Classification: Confidential Jeffrey — indicatively, current two-way market on your JPYKRW forward is 10.47 x 10.49. Original unofficial trade details are below. Thank you, Vahe From

forward at 10.33. Original unofficial trade details are below. Thank you, Vahe From: Vahe Stepanian Sent: Friday, October 30, 2015 4:58 PM To: Jeffrey E. Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart 0ldfield; Richard Kahn Subject: Trade Report 10/30/2015 [c] Classification: Confidential Jeffrey

tion: Confidential Jeffrey — today you executed the following: EFTA00836464 BuySell Currencyl Notional l Currency2 Notional2 SettlementDate ForwardRate ExpiryDate FixingDate Mid Client Buys JPY 1,200,000,000 KRO -11,540,400,000 Thu 04 August 2016 9.617 Tue 02 August 2016 Tue 02 August 201

10.47 x 10.49. Original unofficial trade details are below. Thank you, Vahe From: Vahe Stepanian Sent: Thursday, January 14, 2016 1:03 PM To: 'Jeffrey E.' Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfield; 'Richard Kahn' Subject: JPYKRW [C] Classification: Confidential Jeffrey — followin

Date: Fri, 15 Jan 2016 13:30:51 +0000 dollar amounts please On Fri, Jan 15, 2016 at 8:27 AM, Vahe Stepanian wrote: Classification: Confidential Jeffrey — indicatively, current two-way market on your JPYKRW forward is 10.47 x 10.49. Original unofficial trade details are below. Thank you, Vahe From

forward at 10.33. Original unofficial trade details are below. Thank you, Vahe From: Vahe Stepanian Sent: Friday, October 30, 2015 4:58 PM To: jeffrey E. Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfield; Richard Kahn Subject: Trade Report 10/30/2015 [C] EFTA00836544 Classification: Confid

44 Classification: Confidential Jeffrey — today you executed the following: BuySell Currencyl Notional 1 Currency2 Notional2 SettlementDate ForwardRate ExpiryDate FixingDate Mid Client Buys 3PY 1,200,000,000 KRO -11,540,400,000 Thu 04 August 2016 9.617 Tue 02 August 2016 Tue 02 August 201

From: SeM: To: Subject: jeffrey E. 1/14/2016 1:12:12 PM Vahe Stepanian Re: JPYKRW [CI Paul Morris I ; Richard Kahn give me a bid offer thanks On Thu, Jan 14, 2016 at 1:03 PM, Vahe

Paul Morris I ; Richard Kahn give me a bid offer thanks On Thu, Jan 14, 2016 at 1:03 PM, Vahe Stepanian a> wrote: Classification: Confidential Jeffrey — following up on JPYKRW. Indicatively, you can unwind your JPYKRW forward at 10.33. Original unofficial trade details are below. Thank you. Vahe

forward at 10.33. Original unofficial trade details are below. Thank you. Vahe From: Vahe Stepanian Sent: Friday, October 30, 2015 4:58 PM To: jeffrey E. Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfield; Richard Kahn Subject: Trade Report 10/30/2015 [C] Classification: Confidential Jeffrey

[C] Classification: Confidential Jeffrey — today you executed the following: BuySell Currencyl Notional 1 Currency2 Notional2 SettlementDate ForwardRate ExpiryDate FixIngDate Mid Client Buys 1,200,000,000 KRO -11,540,400,000 Thu 04 August 2016 9.617 Tue 02 August 2016 Tue 02 August 2016 9.

n Sent: Thursday, January 14, 2016 1:03 PM To: 'Jeffrey E.' Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; S

10.47 x 10.49. Original unofficial trade details are below. Thank you, Vahe From: Vahe Stepanian Sent: Thursday, January 14, 2016 1:03 PM To: 'Jeffrey E.' Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfield; 'Richard Kahn' Subject: JPYKRW [C] Classification: Confidential Jeffrey — followin

W forward at 10 33 Original unofficial trade details are below. Thank you, Vahe From: Vahe Stepanian Sent: Friday, October 30, 2015 4:58 PM To: Jeffrey E. Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfield; Richard Kahn Subject: Trade Report 10/30/2015 [C] Classification: Confidential Jeffrey

[C] Classification: Confidential Jeffrey - today you executed the following: BuySell Currency' Notional l Currency2 Notional2 SettlementDate ForwardRate ExpiryDate FixingDate Client Buys JPY 1,200,000,000 KRO -11,540,400,000 Thu 04 August 2016 9.617 Tue 02 August 2016 Tue 02 August 2016 CO

thanks Paul Morris Managing Director Deutsche Bank Private Bank Office: Cell: From: Vahe Stepanian Sent: Friday, January 15, 2016 3:15 PM To: Jeffrey Epstein Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfield; Richard Kahn Subject: JPYKRW Trade Recap - 1/15/16 [C] Classification: Confidential Je

nt: Friday, January 15, 2016 3:15 PM To: Jeffrey Epstein Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Ste

nian Sent: Friday, January 15, 2016 3:15 PM To: Jeffrey Epstein Cc: Daniel Sabba; Ariane Dwyer; Paul Mor

k as opposed to —$840k per your email below. Offsetting JPYKRW Forward Client BuySell Currencyl Notionall Currency2 Notional2 SettlementDate ForwardRate ExpiryDate Notes SOUTHERN FINANCIAL LLC Client Sells JPY -1,094,914,611.0057 KRW 11,540,400,000 Thu 04 August 2016 10.54 Tue 02 August 201

SettlementDate ForwardRate Thank you, Vahe Wed 20 January 2016 117.2365 Original Message From: Jeffrey E. [[email protected]] Sent: Friday, January 15, 2016 09:33 AM Pacific Standard Time To: Daniel Sabba; Richard Kahn Subject: Re: JPYKRW [C] [1] u

c Standard Time To: Daniel Sabba; Richard Kahn Subject: Re: JPYKRW [C] [1] unwind 840k On Fri, Jan 15, 2016 at 10:46 AM, Daniel Sabba < • wrote: Jeffrey, Per our phone conversation, please see below values in August 2 2016 USD and in spot USD. All levels below are indications. In August 2 2016 USD

SettlementDate ForwardRate Thank you, Vahe Wed 20 January 2016 117.2365 Original Message From: Jeffrey E. [[email protected]] Sent: Friday, January 15, 2016 09:33 A

January 2016 117.2365 Original Message From: jeffrey E. rigevacation(aumail.com] Sent: Friday, January I

January 2016 117.2365 Original Message From: jeffrey E. rigevacation(aumail.com] Sent: Friday, January IS

nt date, January 201", 2016. Conversion of spot JPY proceeds to USD Client BuySell Currencyl Notional 1 Cu rrency2 Notional2 SettlementDate ForwardRate Thank you, Vahe SOUTHERN FINANCIAL LLC Client Buys USD 893,270.39787097 JPY -104,723,895 Wed 20 January 2016 117.2365 Original Message