For evidence grading methodology (A1/A2/B/C/D), CO_APPEARED_WITH definitions, and defamation-safe phrasing standards, see OS-00 or any series overview.
This dossier documents the role of Richard Kahn and his firm HBRK Associates Inc. as the financial nerve center of the Epstein enterprise from 2011 to 2019. Drawing from 636+ EFTA documents, FBI FD-302 interview transcripts, FBI Collected Item Logs, Deutsche Bank and Charles Schwab AML referrals, DOJ case filings, sworn trial testimony, and web-corroborated public records, this investigation traces eight interlocking evidence chains: (1) Deutsche Bank compliance flags systematically cleared with Kahn's active participation, (2) capital call execution for $40M in Valar Ventures investments, (3) the $170M Leon Black payment pipeline managed by Kahn including a Genomics Fund routing through Harvard, (4) MC2 model agency financial management and payments to trafficking victim Nadia Marcinkova, (5) pre-arrest concealment including bond liquidation, entity deletion, and document shredding, (6) the complete FBI evidence chain from safe discovery through suitcase return with forensic inventory, (7) network position analysis across 15+ entities with POA/signatory authority, and (8) web-corroborated findings including settlement details, congressional subpoenas, and criminal exposure status.
Deutsche Bank internally classified Kahn as "Epstein's CFO." Merwin Delacruz, the property manager, independently confirmed to the FBI: "He's the money guy." The bank's own Enhanced Due Diligence report names Kahn as a control person in the same paragraph stating "Epstein is a registered sex offender" with "40 underage girls." Kahn continued operating these accounts for four more years after the High Risk designation. The FBI's Collected Item Log identifies items seized as part of case "CHILD SEX TRAFFICKING" with "Collected From: Richard Kahn." He settled claims for $35M for "aiding and abetting sex trafficking" in February 2026.
| EFTA / DOJ-OGR Number | Date | Content |
|---|---|---|
| EFTA01374407 | 2014-12 | DB EDD report: "Epstein is RSO, 40 girls," Kahn named as control person |
| EFTA01373974 | 2014-12 | EDD copy with AML approval + reputational risk escalation |
| EFTA01375517 | 2013-11-01 | RDC "false positive" clearance based on Kahn's self-attestation |
| EFTA01374232 | 2014-12-19 | Second RDC wave: 3 alerts cleared, no escalation |
| EFTA01399982 | 2016-10-12 | Third RDC wave: 4 law enforcement database hits cleared |
| EFTA01478160 | 2016-04-25 | Kahn CC'd on "high risk" wire alert -- direct email notification |
| EFTA01461132 | 2016-01-08 | DB calls Kahn "Epstein's CFO" in reputational risk communications |
| EFTA01479304 | 2016-01-13 | Kahn requests Gratitude America account, requires RRC approval |
| EFTA01420399 | 2015-01-16 | EDD conditional approval + escalation to Americas RRC |
| EFTA01419386 | 2014-12-22 | Salit asks "who is sponsoring this NCA?" |
| EFTA01404801 | 2015-01-05 | "Recent press about Mr. Epstein" -- Kahn designated client liaison |
| EFTA01421436 | 2015-01-05 | Paul Morris: "stories about Prince Andrew popping up for years" |
| EFTA01456572 | 2015-02-03 | Butterfly Trust trustee swap, Kahn CC'd, "recent press" High Risk |
| EFTA01344265 | 2013 | Account setup: Kahn listed as "inquiry capacity" signatory |
| EFTA01265973 | 2019-07-08 | Schwab AML referral CA11517: sex trafficking charges, Kahn as agent, Coatue/HBRK link, SAR filed |
| EFTA00637297 | 2017-07-26 | "jee approved capital call" -- $4.25M Valar Fund III Call 6 |
| EFTA01016101 | 2018-11-20 | McCormack confirms $15M (Fund II) + $25M (Fund III) = $40M |
| EFTA01018352 | 2018-11-20 | Leon & Debra Black joint account wires + Fund performance data |
| EFTA02465679 | 2016-04-07 | Complete $150M+ Leon Black payment ledger maintained by Kahn |
| EFTA01435284 | 2017-04-11 | BV70 LLC = Leon Black's yacht, $22.5M wire, Kahn confirms to DB |
| EFTA01438553 | 2017-04-11 | BV70 wire audit chain continuation |
| EFTA00483526 | 2018-10-17 | Groff asks Kahn for Gratitude America wiring instructions for Leon Black letter |
| EFTA00714664 | 2014-12-18 | Leon Black Genomics Fund: Church proposal, Harvard wire instructions, Kahn routing |
| EFTA02349071 | 2015-10 | "fees to be paid today" -- $15M STC + $4.75M JEVI, "avoid public disclosure of Leon name" |
| EFTA00949376 | 2012-11-30 | MC2 model agency books: "you owe MC2 6,645.48" -- Epstein: "whatever he wants" |
| EFTA00634292 | 2012-11-30 | MC2/Brunel correspondence chain |
| EFTA01977932 | 2012-11-30 | MC2 model statement attachment |
| EFTA01798136 | 2011-01-18 | "Rich please wire nadia 10k" -- Kahn executes |
| EFTA02486481 | 2015-09-25 | Kahn forwards Nadia wire correspondence |
| EFTA02456758 | 2016-07-15 | "can you wire nadia 14k today" |
| EFTA02703209 | 2016-04-15 | Berkeley visa/financial support -- Kahn CC'd |
| EFTA00703709 | 2016-03-22 | Kahn asks to pay $26,250 tuition deposit |
| EFTA01008035 | 2018-08-21 | Swiss school tuition: $42,382.55 via HBRK |
| EFTA00625757 | 2017-09-15 | Kahn pushes school for cost information |
| EFTA00541378 | 2018-04-20 | "bella please prepare money and add karyna name to list downstairs" |
| EFTA00571030 | 2017-02-28 | "cash for jee at 9 east 71st street" |
| EFTA02400309 | 2017-03-02 | TransferWise sub-threshold limits research: "whose name shall we set up account" |
| EFTA02207301 | 2017-02-16 | Bebe Avdiu: "Move Euros to Jeffrey" -- 7,000 Euros via Bella Klein, third cash channel |
| EFTA01375143 | 2019-02-11 | Bond liquidation: ~$7.5M across STC and SF accounts, 5 months before arrest |
| EFTA02637769 | 2019-03-15 | Indyke: "Will delete and have Rich sign as Treasurer" of Truth Robot LLC |
| EFTA01421364 | 2019-07-12 | Kahn sends NYT witness tampering article to Stewart Oldfield (DB), day after suitcase return |
| EFTA02165828 | 2012 | Groff: hiring for "shredding" at HBRK |
| EFTA01428503 | 2019-03-29 | "I will continue to close accounts as quickly as possible" |
| EFTA01435967 | 2019-05-03 | 6 accounts closed simultaneously, 2 months before arrest |
| EFTA02286268 | 2019-05-08 | Kahn thanks Groff for signed/notarized Butterfly Trust documents |
| EFTA01030531 | 2019-03-12 | Epstein to Kahn: "you give me bad info every day" |
| EFTA01245765 | 2019-07-11 | FD-302: Delacruz interview -- "He's the money guy," instructed by Kahn to pack safe |
| EFTA01301594 | 2019-07-11 | FD-302: Maguire contacts Kahn, suitcases returned, Receipt of Property signed |
| EFTA00091979 | 2019-07-11 | FD-302: Kahn phone interview -- Tomback advises, SSA Watson asks who instructed removal, Tomback declines |
| EFTA01301613 | 2019-07-11 | FBI Collected Item Log: "CHILD SEX TRAFFICKING," Collected From: Richard Kahn -- Austrian passport, cash, 68 discs |
| EFTA01301611 | 2019-07-23 | FBI Collected Item Log #2: Items removed by Merwin Delacruz, 2 hard drives (SN: G6AA450123, G6AA450290), 58 discs |
| EFTA01307727 | 2019-07-31 | Amended suitcase inventory: 48 diamonds, watches, $50K banded cash, Austrian passport "Marius Robert Fortelni," Wexner AT&T card |
| EFTA00159104 | 2019-07-31 | Amended suitcase inventory (duplicate source, different production) |
| EFTA01250701 | 2019-07-11 | FBI cover sheet: handwritten contacts for Kahn, Tomback, Delacruz + signed FD-597 |
| EFTA01340457 | 2022-07-02 | Tomback email: "I represented Richard Kahn and never met nor represented Epstein" |
| EFTA01416771 | 2019-04-15 | Neptune LLC KYC: Kahn = Manager, Epstein = UBO/Sole Member, Beller + Indyke = Auth Signors |
| EFTA01369678 | ~2016 | Entity self-certification: Kahn = Trustee, Celina Dubin = Beneficiary (DOB 3/31/1995) |
| EFTA01460272 | ~2016 | Entity self-certification: Kahn = President, Indyke = Treasurer/Director, Kellerhals = Secretary/Director |
| EFTA02634615 | 2019-03-14 | Carbyne warrants: Epstein confirms "controlling person of the STC," $2.4M transferred |
| EFTA01035810 | 2019-03-15 | Kahn forwards Carbyne annual statements to Epstein -- "I have not yet reviewed" |
| EFTA01024090 | 2018-09-07 | Kahn on Tencent Music pre-IPO: $9.59/share, $30B valuation, Honeycomb/Fiszel pipeline |
| EFTA01061039 | 2016-11-18 | Kahn/Brock Pierce: "Jeffrey knows more about international finance than anyone on trump's team" + Peter Thiel reference |
| EFTA01191403 | 2015-02-05 | Kahn pays $30K to Ben Goertzel for "Algorithm DNA database management" via STC |
| EFTA02113372 | 2014-03-01 | Thakuria genome sequencing: IRB approval, George Church coordination, "keep this data private" |
| EFTA00128637 | 2020-04-29 | FBI EC: $15M wire from DB to Southern Country International day after Epstein death; Kahn listed as officer |
| EFTA00807234 | 2018-09-28 | PitchBook Palantir report "Generated for Richard Kahn, HBRK" |
| EFTA02666567 | 2018 | Palantir shares at "50% discount to market" via Fiszel/Kahn |
| EFTA01020879 | 2018-09-24 | Mitchell to Kahn: $85K hotel advance approved by Epstein |
| EFTA02554781 | 2017-12-28 | Chomsky taxes handled by Kahn/HBRK |
| EFTA02709783 | 2015-05-14 | Butterfly Trust: "hold 10,000 sent from Butterfly Trust" |
| EFTA01409093 | 2018-03-06 | Butterfly Trust wire to Christie's auction house |
| EFTA00657308 | 2016-01-20 | Gratitude America charity substantiation letter coordination |
| EFTA00832422 | 2016-03-05 | Epstein approves Gratitude America letter |
| EFTA01476934 | 2016-01-19 | Kahn opens Gratitude America brokerage account at DB |
| DOJ-OGR-00018559 | 2022-08-10 | FBI Agent Maguire testimony: Kahn returned removed items in two suitcases |
| DOJ-OGR-00012975 | 2022-08-10 | FBI Agent Maguire testimony: items = binders w/ CDs, jewelry, hard drives, diamonds, currency |
| DOJ-OGR-00015259 | 2020 | Jane Doe v. Indyke & Kahn -- co-executor interrogatories |
| Element | Status | Key Evidence |
|---|---|---|
| Knowledge | CONFIRMED -- DIRECT | EFTA01478160: CC'd on "high risk" wire alert. EFTA01374407: named in EDD ("RSO, 40 girls"). EFTA01461132: DB calls him "Epstein's CFO." EFTA01456572: CC'd on "recent press" High Risk. EFTA01265973: Schwab AML names him as subject. |
| Intent | VERY STRONG | Continued operations as "CFO" post-High Risk. Opened Gratitude America through RRC. Capital calls post-designation. TransferWise threshold research. "Avoid public disclosure of Leon name." Bond liquidation. Entity name deletion. |
| Overt Acts | VERY STRONG | 8+ capital calls, MC2 books, Nadia wires, visa/tuition pipeline, Gratitude America, $170M Leon Black ledger, BV70 identification, Tencent Music allocation, Trump transition suggestion, $15M post-death wire. |
| Concealment | CONFIRMED -- DIRECT | Bond liquidation (Feb 2019). "Will delete and have Rich sign" (Mar 2019). Account closures + Schwab migration (Mar-May 2019). Neptune deactivation (Jul 9, 2019). Shredding at HBRK (2012). DOJ-OGR-00018559: suitcase evidence return. |
| Obstruction | STANDALONE CHARGE | FBI FD-302: Kahn instructed Delacruz to pack safe. FBI Collected Item Log: "CHILD SEX TRAFFICKING," "Collected From: Richard Kahn." Tomback refused to answer who instructed removal. 126 CDs, 48 diamonds, $90K cash, fake passport returned. |
This section presents a legal analysis based on documentary evidence. It does NOT constitute a legal opinion or accusation of criminal conduct.
This dossier synthesizes evidence from three distinct source categories:
Primary (EFTA/DOJ corpus): 636+ EFTA documents classified through phases A-P of Neo4j mining across 59 queries returning 44 documents at 100% retrieval rate. 75 documents cited in the source table. FBI FD-302 interview transcripts, Collected Item Logs, and Evidence Communications were retrieved in full text for the first time in v2.0.
Secondary (Sworn testimony): DOJ-OGR Maxwell trial testimony from FBI Agent Kelly Maguire, cross-referenced against the FBI's own contemporaneous FD-302s and Collected Item Logs for internal consistency.
Tertiary (Web corroboration): Senate Finance Committee findings, federal case docket records, Panama Papers database, corporate registration records, and news reporting. Web-sourced claims are clearly labeled and cited with publication context.
Evidence grades follow the standard A1/A2/B/C/D framework. All quoted text is drawn directly from SDNY-produced documents, DOJ case filings, FBI interview transcripts, or FBI evidence logs. v2.0 adds FBI chain-of-custody documentation, cross-dossier synthesis from 7 related investigations, and web corroboration establishing the broader legal context.
| Date | Event | Grade | Source |
|---|---|---|---|
| 2008-08-29 | HBRK Associates Inc. founded (EIN 30-0503838) | B | Corporate records |
| 2011-01-18 | Kahn wires $10K to Nadia Marcinkova on Epstein's order | A1 | EFTA01798136 |
| 2012 | Groff seeks hire for "shredding" at HBRK -- Kahn CC'd | A1 | EFTA02165828 |
| 2012-11-30 | Kahn handles MC2 model agency books for Brunel | A1 | EFTA00949376 |
| 2013-02-25 | Southern Financial LLC incorporated, Kahn as inquiry signatory | A1 | EFTA01344265 |
| 2013-11-01 | First RDC alert on Kahn cleared via self-attestation | A1 | EFTA01375517 |
| 2014-03-01 | Thakuria writes Kahn re: genome sequencing, Church coordination | A1 | EFTA02113372 |
| 2014-04-04 | Kahn visits the White House | A1 | WH visitor logs |
| 2014-12 | EDD report: "Epstein is RSO, 40 girls" -- Kahn named as control person | A1 | EFTA01374407 |
| 2014-12-18 | Kahn routes Leon Black Genomics Fund to Harvard/Church | A1 | EFTA00714664 |
| 2014-12-19 | Second RDC wave: 3 alerts cleared, no escalation | A1 | EFTA01374232 |
| 2014-12-22 | Salit asks "who is sponsoring this NCA?" | A1 | EFTA01419386 |
| 2015-01-05 | "Recent press" about Epstein; Kahn designated client liaison | A1 | EFTA01404801 |
| 2015-01-16 | EDD conditionally approved; full Epstein relationship to RRC | A1 | EFTA01420399 |
| 2015-02-03 | Butterfly Trust trustee swap; Kahn CC'd; "recent press" High Risk | A1 | EFTA01456572 |
| 2015-02-05 | Kahn pays $30K for "Algorithm DNA database management" via STC | A1 | EFTA01191403 |
| 2015-02-06 | RRC: "continue business as usual" with Epstein | A1 | EFTA01461132 |
| 2015-05-14 | Kahn executes Butterfly Trust wire: $10K to "Louella" | A1 | EFTA02709783 |
| 2015-10 | "fees to be paid today" -- $15M STC + $4.75M JEVI, "avoid public disclosure of Leon name" | A1 | EFTA02349071 |
| 2016-01-08 | DB calls Kahn "Epstein's CFO" in RRC communications | A1 | EFTA01461132 |
| 2016-01-19 | Kahn opens Gratitude America brokerage account at DB | A1 | EFTA01476934 |
| 2016-04-07 | Kahn sends Epstein complete $150M Leon Black ledger | A1 | EFTA02465679 |
| 2016-04-25 | Kahn CC'd on "high risk" wire alert -- direct email notification | A1 | EFTA01478160 |
| 2016-07-15 | Kahn executes $14K wire to Nadia Marcinkova | A1 | EFTA02456758 |
| 2016-10-12 | Third RDC wave: 4 LE database hits cleared on Kahn | A1 | EFTA01399982 |
| 2016-11-18 | Kahn suggests Epstein for Trump transition; Thiel reference | A1 | EFTA01061039 |
| 2017-02-16 | Bebe Avdiu delivers 7,000 Euros to Epstein via Bella Klein | A1 | EFTA02207301 |
| 2017-02-28 | "cash for jee at 9 east 71st street" via Shuliak | A1 | EFTA00571030 |
| 2017-03-02 | TransferWise sub-threshold research: "whose name?" | A1 | EFTA02400309 |
| 2017-03 | HBRK executes $40K wire to Achrayut Leumit (Barak) | A1 | EFTA01363138 |
| 2017-04-11 | Kahn identifies BV70 as Leon Black's yacht; $22.5M wire | A1 | EFTA01435284 |
| 2017-07-26 | "jee approved capital call" -- $4.25M Valar Fund III | A1 | EFTA00637297 |
| 2018-04-20 | "bella please prepare money" -- cash handoff via Shuliak | A1 | EFTA00541378 |
| 2018-08-21 | Swiss school tuition: $42K via HBRK | A1 | EFTA01008035 |
| 2018-09-07 | Kahn on Tencent Music pre-IPO: $30B valuation via Fiszel | A1 | EFTA01024090 |
| 2018-09-28 | PitchBook Palantir report for "Richard Kahn, HBRK" | A1 | EFTA00807234 |
| 2018-10-17 | Gratitude America wiring instructions for Leon Black letter | A1 | EFTA00483526 |
| 2019-02-11 | Kahn liquidates ~$7.5M in bonds across STC/SF accounts | A1 | EFTA01375143 |
| 2019-03-12 | Epstein to Kahn: "you give me bad info every day" | A1 | EFTA01030531 |
| 2019-03-14 | Epstein confirms "controlling person of the STC" for Carbyne | A1 | EFTA02634615 |
| 2019-03-15 | Indyke: "Will delete and have Rich sign as Treasurer" | A1 | EFTA02637769 |
| 2019-03-15 | Kahn forwards Carbyne annual statements to Epstein | A1 | EFTA01035810 |
| 2019-03-29 | "close accounts as quickly as possible" -- $9.27M remaining | A1 | EFTA01428503 |
| 2019-04-15 | Neptune LLC KYC review: Kahn = Manager, Epstein = UBO | A1 | EFTA01416771 |
| 2019-04-05 | Kahn opens 3 brokerage accounts at Charles Schwab | A1 | EFTA01265973 |
| 2019-05-03 | 6 DB accounts closed simultaneously | A1 | EFTA01435967 |
| 2019-05-08 | Kahn thanks Groff for signed Butterfly Trust documents | A1 | EFTA02286268 |
| 2019-07-06 | Epstein arrested | B | Public record |
| 2019-07-07 | Kahn instructs Delacruz to pack safe into two suitcases | A1 | EFTA01245765 |
| 2019-07-08 | Schwab opens AML Case CA11517 on Epstein/Kahn accounts | A1 | EFTA01265973 |
| 2019-07-09 | Neptune LLC deactivated (3 days post-arrest) | B | Corporate records |
| 2019-07-11 | FBI executes second search warrant; safe items missing | A1 | EFTA01245765, EFTA01301594 |
| 2019-07-11 | Kahn phone interview with FBI during warrant execution | A1 | EFTA00091979 |
| 2019-07-11 | Kahn returns two suitcases to FBI within 30 minutes | A1 | EFTA01301594, DOJ-OGR-00018559 |
| 2019-07-11 | FBI Collected Item Log: "CHILD SEX TRAFFICKING," from Kahn | A1 | EFTA01301613 |
| 2019-07-12 | Kahn sends NYT witness tampering article to DB banker | A1 | EFTA01421364 |
| 2019-07-31 | Amended suitcase inventory: 48 diamonds, $90K, 126 CDs, Austrian passport | A1 | EFTA01307727 |
| 2019-08-10 | Epstein dies in MCC custody | B | Public record |
| 2019-08-11 | $15M wire from DB to Southern Country International | A1 | EFTA00128637 |
| 2019-12-19 | SDNY 86-page co-conspirator memo | B | Federal filing |
| ~2019 | Indyke/Kahn "instilled even more fear" in Doe via Groff/Klein | A1 | BNY Complaint |
| 2020-04-29 | FBI opens investigation into $15M post-death wire | A1 | EFTA00128637 |
| 2020-06-15 | Kahn uses @epsteinlaw.com email for victim compensation fund | A1 | IOE email node |
| 2022-07-02 | Tomback: "I represented Kahn, never met nor represented Epstein" | A1 | EFTA01340457 |
| 2025-12 | Wyden letter to DOJ demanding explanation for no charges on Kahn | B | Senate correspondence |
| 2026-02-20 | Kahn/Indyke settle for $35M for "aiding and abetting sex trafficking" | B | Public record |
| 2026-02-25 | Kahn House Oversight deposition (scheduled) | B | Congressional record |
$GIF -- Goy Investigation Fund -- OS-11 -- v2.0 -- February 24, 2026
| Part | Title |
|---|---|
| Part 1 | THE COMPLIANCE OVERRIDE -- DEUTSCHE BANK RDC CHAIN |
| Part 2 | THE $40M VALAR MACHINE -- CAPITAL CALL EXECUTION |
| Part 3 | THE $170M LEON BLACK PIPELINE |
| Part 4 | MC2, NADIA, AND THE TRAFFICKING NEXUS |
| Part 5 | CASH STRUCTURING AND THE SHULIAK-AVDIU CHANNELS |
| Part 6 | GRATITUDE AMERICA -- THE CHARITY VEHICLE |
| Part 7 | PRE-ARREST CONCEALMENT |
| Part 8 | THE FBI EVIDENCE CHAIN |
| Part 9 | THE BARAK-KAHN WIRE CHAIN |
| Part 10 | PALANTIR, TENCENT, AND THE INVESTMENT PIPELINE |
| Part 11 | ESTATE, SETTLEMENT, AND WITNESS INTIMIDATION |
| Part 12 | THE WHITE HOUSE VISIT AND NETWORK REACH |
| Part 13 | THE NETWORK POSITION |
| Part 14 | WEB-CORROBORATED FINDINGS |