Epstein Secrets

ility to provide funding for the business currently being conducted by you and your wholly-owned affiliates, Including Banyon Strategies VI, LLC, ("Levin") together with Banyon Income Fund, LP ("BIF"), its general partner, Banyon 1030-32, LLC and their respective principals and affiliates (collective

lockwork Fund will fund by way of loans on the terms and conditions set forth herein (each a "Loan", collectively the "Loans") at least 50%, but at Levin's option up to 90% of the Settlement Price of Approved Settlements, with Newco funding the balance of each Settlement Price from its own equity pro

George G. Levin September 8, 2009 Page 2 pre-existing Settlements, the Business will be conducted exclusively through Newco. Newco shall provide Clockwork with the opportunity to lend against each Settlement, and if Clockwork approves such Settlement (an "Approved Settlement") then Newco will acquire

amount of the discount will represent the [] gross income on the transaction." 13 The Confidential Offering Memorandum acknowledges that Banyon and Levin purchase "non-tort labor and employment settlements from plaintiffs which are not identified but who are represented by Rothstein Rosenfeldt Adler"

artnership with its principal place of business in Fort Lauderdale, Florida. BIF, at all times relevant hereto, was operated by its Managing Members Levin and Preve as a putative investment entity formed exclusively to purchase interests in Ponzi scheme settlements. 55. Defendant, BANYON USVI, LLC (h

discussions led Discala to incorporate Clockwork Capital Advisors, LW ("hereinafter, Clockwork"), with an eye towards planning for the creation of a Clockwork fund. 140. On September 8, 2009, Discala and Levin memorialized their understandings by executing a Letter of Intent (hereinafter, "LOI") prepared

imply put, Banyon and Rothstein needed Bekkedam and his cadre of wealthy investors to perpetuate the Ponzi and Bekkedam needed the capital infusion Levin provided; ii. Bekkedam betrayed numerous investors who entrusted him with their savings by recklessly feeding their funds into the largest Ponzi s

d by RRA or TD Bank. In fact, the fictitious $8,000,000.00 wire is powerful evidence of the frenzied push by the Principal Conspirators, along with Levin and Preve, to do and say whatever was needed to secure investor funding as the Ponzi scheme began to unravel. Indeed, in their feverish zeal to ind

09-062943 (19) Third Amended Complaint cause the Ponzi scheme to come crumbling down even sooner than it did. Accordingly, Levin and Preve devised Clockwork as the former classic car fraudster's getaway vehicle from the Ponzi scheme. Instructively, Levin and Preve masterminded an alluring financial trap