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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA00817110: Leon Black and Holder (DS9)

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Memorandum dated September 26, 2016 from Brad Wechsler to Leon Black (with copies to Richard Joslin, Thomas Turrin, John Castrucci, and others) providing a tax summary and status update. The document references conservative projections that did not claim passive losses and used placeholder amounts for non-Apollo related investments where information was incomplete.

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Excerpt 1
"Melanie Spinella ( )" Cc: Richard Joslin >, Thomas Turrin >, , John Castrucci >, "jeevacation@gmail.com" MEMORANDUM - - TO: **Leon**
Excerpt 2
**Black** (Email & Fed Ex) CC: Rich Joslin Jeffrey Epstein Tom Turrin John Castrucci FROM: Brad Wechsler DATE: September 26, 2016 - Tax Summary and Status
Excerpt 3
The projection was "conservative" by not claiming passive losses and used place-**holder** amounts for certain non-Apollo related investments where information

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