EFTA00021344
A legal letter from attorney Matthew L. Schwartz to federal prosecutors regarding a client's planned $3.5 million purchase of a helicopter from Hyperion Air, LLC, an entity associated with Jeffrey Epstein.
This October 15, 2019 letter—sent just two months after Epstein's death in August 2019—notifies the U.S. Attorney's Office of an ongoing helicopter sale to ensure federal authorities could block the transaction if the aircraft were subject to forfeiture. The buyer's attorney, represented by Boies Schiller Flexner, discovered mid-negotiation that the seller (Hyperion Air, LLC) was linked to Epstein and was being represented by Darren K. Indyke, one of Epstein's longtime attorneys and estate executors. The letter indicates a November 15, 2019 closing date was being pushed by Indyke.
Key Highlights
- •Concerns a $3.5 million Sikorsky S-76C helicopter sale from Epstein-linked entity Hyperion Air, LLC
- •Darren K. Indyke, Epstein's estate executor, was representing the seller and pushing for rapid closing
- •Buyer's attorney proactively notified federal prosecutors to allow intervention if aircraft subject to forfeiture
- •Letter sent October 2019, just two months after Epstein's death while criminal forfeiture proceedings were ongoing
- •Attorney notes helicopter was acquired by Hyperion Air long after charged conduct, suggesting recent purchase
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EFTA00021344
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BSF BOIES SCHILLER FLEXNER BY ELECTRONIC MAIL Assistant United States Attorney One Saint Andrew's Plaza New York, New York 10001 Re: Hyperion Air, LLC Dear AUSA Moe: MATTHEW L. SCHWARTZ Tel.: E-mail: October 15, 2019 I am writing to briefly follow up on our conversation this afternoon. As I told you, I represent a client who has been in negotiations to purchase a Keystone (Sikorsky) model S-76C helicopter from a U.S. Virgin Islands entity called Hyperion Air, LLC. The agreed-upon purchase price for the aircraft is $3.5 million, with a $100,000 deposit that my client has already paid into escrow. The parties are currently negotiating a final purchase agreement, and the seller — who as I mentioned is being represented by Darren K. Indyke — is pushing for a November 15, 2019 closing for the transaction. We have recently come to understand that Hyperion Air, LLC is an entity associated with Jeffrey Epstein. We therefore wanted to advise your Office of this transaction before it is finalized. Although my client has no reason to believe that the aircraft may be subject to forfeiture — it was not identified in the forfeiture language of the charging instruments against Epstein, it was not acquired by Hyperion Air until long after the charged conduct, and we have no reason to believe that it was purchased with criminally-derived funds or is otherwise potentially subject to forfeiture — we of course wanted to give the Office the opportunity to take any action that it may deem appropriate, including blocking the transaction or ensuring that the proceeds are deposited into escrow. As we discussed, we look forward to hearing back from the Office. As I mentioned when we spoke, in the absence of guidance from the Office, it is my client's intention to proceed with the transaction. If we do not hear back from you before then, I will check back in before my client signs the purchase agreement. Respectfully, Is/ Matthew L. Schwartz Matthew L. Schwartz BOIES SCHILLER FLEXNER LLP SS Hudson Yards. New York. NY 10001 1 (t) 212 4462300 1(0 212 446 2350 1 www nsnip corn EFTA00021344
Entities Mentioned
DI
Darren Indyke
PERSON • 3 mentions
Jeffrey Epstein
PERSON • 3 mentions
American sex offender and financier (1953–2019)
MS
Matthew L. Schwartz
PERSON
Prince Andrew
PERSON
Third child of Queen Elizabeth II and Prince Philip, Duke of Edinburgh (born 1960)
Hyperion Air
ORGANIZATION
Hyperion Air, LLC
ORGANIZATION
Keystone
ORGANIZATION
American film studio (Los Angeles; 1912–1935)
Sikorsky
ORGANIZATION
Statistics
Pages:1
Entities:8
Avg. OCR:0.9%
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