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513 KB
Extraction Summary
4
People
4
Organizations
1
Locations
2
Events
4
Relationships
1
Quotes
Document Information
Type:
Legal document
File Size:
513 KB
Summary
This legal document page discusses a bail hearing for a defendant, Ms. Maxwell. It recounts that the Court initially found her financial disclosures incomplete but notes she has since provided a more detailed report from a UK accounting firm, Macalvins, covering 2015-2020. Despite the new report, which was also reviewed by a former IRS agent, the Court remains unpersuaded that the proposed bail package, secured by property, cash, and bonds, would reasonably assure her appearance in court.
People (4)
| Name | Role | Context |
|---|---|---|
| Ms. Maxwell | Defendant |
Identified as the Defendant whose finances are being discussed in a bail hearing context.
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| Defendant's friends and family members |
Mentioned as co-signers for five of the six additional bonds in the proposed bail package.
|
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| Defendant's spouse |
Mentioned as a joint holder of assets with the Defendant, as analyzed by Macalvins.
|
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| Certified Fraud Examiner and a former IRS Special Agent | Certified Fraud Examiner and former IRS Special Agent |
Retained by the Defendant to review the Macalvins report and underlying financial documents.
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Organizations (4)
| Name | Type | Context |
|---|---|---|
| Macalvins | company |
An accounting firm in the United Kingdom hired by the Defendant to prepare a report on her finances.
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| IRS | government agency |
Mentioned as the former employer of the Special Agent retained by the Defendant (former IRS Special Agent).
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| The Court | government agency |
The judicial body presiding over the Defendant's case and bail hearing.
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| The Government | government agency |
The prosecuting party in the legal case, arguing against the bail package.
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Timeline (2 events)
Locations (1)
| Location | Context |
|---|---|
|
The location of the accounting firm, Macalvins.
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Relationships (4)
The document states they hold assets together, as analyzed in the Macalvins report.
They were willing to co-sign five bonds as part of her bail package.
The Defendant hired Macalvins to prepare a report on her finances.
The Defendant retained this individual to review the Macalvins financial report.
Key Quotes (1)
"a clear picture of Ms. Maxwell’s finances and the resources available to her."Source
— The Court
(A quote describing what the Court lacked at the initial bail hearing due to incomplete financial information presented by the Defendant.)
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Quote #1
Full Extracted Text
Complete text extracted from the document (2,078 characters)
Case 1:20-cr-00330-AJN Document 108-2 Filed 12/30/20 Page 17 of 22
and secured by approximately $8 million in property and $500,000 in cash, along with six additional bonds—five co-signed by the Defendant’s friends and family members and the sixth posted by the security company that would provide security services to the Defendant if she were granted bail and transferred to home confinement. See Def. Mot. at 2. At the initial hearing, the Court noted that the opaqueness of the Defendant’s finances rendered it difficult to set financial bail conditions that could reasonably assure her appearance in court. The financial information that the Defendant presented to the Court at the initial bail hearing was undisputedly incomplete, and as the Court noted, the Court lacked “a clear picture of Ms. Maxwell’s finances and the resources available to her.” Tr. at 86–87.
The Defendant has now presented to the Court what is perhaps a more thorough report on her finances prepared by Macalvins, an accounting firm in the United Kingdom. Macalvins analyzed the Defendant’s assets and finances for the past five years, basing its analysis on, among other things, bank statements, tax returns, and FBAR filings, providing a summary of the assets held by the Defendant and her spouse as well as the assets held in trust for the benefit of the Defendant for the period stemming from 2015 to 2020. See Def. Mot., Ex. O. In addition, the Defendant retained a Certified Fraud Examiner and a former IRS Special Agent, who reviewed the Macalvins report and the underlying documents and determined that report accurately represents the assets held by the Defendant and her spouse. See Def. Mot., Ex. P. The Defendant’s new bail proposal is based on the numbers derived from the Macalvins report.
But even assuming that the financial report provides an accurate analysis of the Defendant’s finances, the Court is unpersuaded by her argument that the bail package reasonably assures her appearance. As the Government argues, the bail package would leave unrestrained
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DOJ-OGR-00001226
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