File 032491
Email Chain Regarding Bank Account and Payment Methods for Art Acquisition (File 032491)
February 2017 email exchange between Darren Indyke, Etienne Binant, and Jeffrey Epstein discussing setup of a bank account with $1 million for wire transfers and checks to fund art acquisition from emerging artists.
Summary
This email chain documents discussions between Epstein's attorney Darren Indyke and associate Etienne Binant regarding establishment of banking procedures for art acquisition. Binant seeks internet banking access to manage wire transfers for purchasing artwork from emerging artists in locations including Los Angeles and Berlin. Indyke proposes a system using checks or wires with supporting documentation for bookkeeping purposes, noting $1 million available in the account. The correspondence includes discussion of transaction caps and accounting controls.
From: Darren IndykeSent: 2/17/2017 7:00:21 PMTo: Jeffrey Epstein [jeeyacation@gmail.com]Subject: Fwd: updateImportance: HighPrivileged - RedactedDARREN K. INDYKEDARREN K. INDYKE, PLLC575 Lexington Avenue, 4th Floor******************************************************************************************************The information contained in this communication is confidential, may be attorney-clientprivileged, and is intended only for the use of the addressee. It is the property ofDarren K. Indyke, PLLC. Unauthorized use, disclosure or copying of this communicationor any part thereof is strictly prohibited and may be unlawful. If you have received thiscommunication in error, please notify us immediately by return e-mail, and destroy thiscommunication and all copies thereof, including all attachments.Copyright of Darren K. Indyke, PLLC - 0 2017 Darren K.Indyke, PLLC — All rights reserved.*******************************************************************************************************Begin forwarded message:From: Etienne Binant <Subject: TR: TR: updateDate: February 16, 2017 at 9:29:08 PM ESTTo: Darren Indyke <_________________Dear DarrenI hope all is wellcan you let me know if the below modus operandi works for you?all the bestHOUSE OVERSIGHT 032491eDe : Etienne BinantEnvoye : mercredi 15 fevrier 2017 18:15A: Darren IndykeObjet: RE: TR: updateThanks DarrenGood news!I'm under the impression that checks will be exceptional (they are more cumbersome to handle), and we willuse mostly wires.Considering the time difference, my heavy travel and my own propension to do things at night and on week-ends I would much prefer having an internet code and be able to organize everything online when I need to.When I use Interaudi (my US bank), they can do that, store the recurring beneficiaries, and do wires inmultiple currencies, but I am not familiar with DB.Of course, you could also have the same access and help me when needed.Also, your point about bookkeeping is mitigated by the fact that, in any case, I will also need to have someonekeeping track of the receipts and inventory, before shipping proofs to you. In any case there will be need forsome work on my side before final filing is done.On the other hand, if there is a "checks and balances" control issue, there could be a cap to my wiring powers(like the 10 K we discussed), that would be absolutely fine for me if this is the intent.Please do let me know.We can also talk about it (in Hawai now, free after 2 PM your time)In any case, this is good and happy news. I'll review the first list of payments over the week-end.EtienneDe : Darren IndykeEnvoye : mercredi 15 fevrier 2017 13:00:07A: Etienne BinantObjet: Re: TR: updateThere is $1mm in the bank account. We can prepare checks or wires for you to sign upon request. This waybook keeping gets done at same time. Just send back up with each request. How does that sound?Sent from my iPhoneOn Feb 14, 2017, at 8:18 PM, Etienne Binant › wrote:HOUSE OVERSIGHT 032492Dear DarrenLatest from JE (indeed, encouraging)Please let me know when account/wire are active, and how I can access internet banking and start the ball (infact, it has started)all the besteDe : jeffrey E. <jeevacation@gmail.com>Envoye : vendredi 10 fevrier 2017 18:40A: Etienne Binant; Lang, CarolineObjet: Re: updateyes, lets start. . yes we are on. sorry with trump around its been very crazy busyOn Fri, Feb 10, 2017 at 7:59 AM, Etienne Binant wrote:Hi JeffreyHappy to talk to you almost anytime today until around 3PM. Just tell me what number I should reach.Not sure what got lost in translation here: never had the intention to go to any art fair or art show oranything of the kind.All the artists we have in mind or send to you are people we have direct connections with. Not just theirstudio, but also their home. They are people the work of whom we follow, and many of them are alreadyfriendly (Arianna, Cali have had dinner or stayed home).The idea is absolutely to have an impact on the ecosystem and to make a difference by supporting greatartists when they need it.Galleries references are important, because galleries allow artist to reach a broader audience. We would godirectly to the source.This is why it's important for me to go to LA or Berlin (or elsewhere) because those artists are not rich yet,they dont travel so much. They belong to a scene, and it does make a big difference to them if you connect inperson.The spirit is to have an impact on young, talented folks, and absolutely to stay at the source.Once again, not sure was drifted away from this in communicationEHOUSE OVERSIGHT 032493De : jeffrey E. <jeevacation@gmail.com>Envoye : vendredi 10 fevrier 2017 12:32A: Etienne BinantCc: Darren IndykeObjet: Re: updategoing to artists studio s much more appropriate , i thinkOn Thu, Feb 9, 2017 at 9:49 PM, Etienne Binant < > wrote:GentlemenI hope you are having a great week.In LA hoping to begin acquiring pieces: are we on?If not yet, when pleasethanksplease noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forthe use of the addressee. It is the property ofJEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedplease noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forthe use of the addressee. It is the property ofHOUSE OVERSIGHT 032494JEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedHOUSE OVERSIGHT 032495