DOJ-OGR-00018489.pdf

--- Page 1 --- **Case 1:20-cr-00330-PAE** **Document 751** **Filed 08/10/22** **Page 152 of 261** **LC6Cmax5** **McHugh - direct** **Q. Thank you. All right. So, if we could turn to now page 8 of Government Exhibit 504, I'm going to ask you about some transactions from this account statement.** **Ms. Drescher if you could please highlight the bottom two transactions on page 8 that are both dated September 18, 2002.** **So, focusing on this first transaction on September 18th, marked sale, could you please walk the jury through what we're looking at in this transaction.** **A. On September 18th, there was a sale of five million shares of the JP Morgan tax free money market fund institutional share class that raised $5 million in cash.** **Q. In layman's terms, what does that mean?** **A. It means that $5 million is now available in the account.** **Q. Turning to the entry right below that on September 18th, marked disbursement, could you please walk the jury through what that notation means.** **A. I'm sorry. Could you repeat that.** **Q. Of course. So focusing on the second entry here dated September 18th, could you please walk the jury through this particular transaction.** **A. On September 18th, there was a transfer by wire to Palm Beach National Bank & Trust Co. for the account of Ghislaine Maxwell for $5 million.** **Q. What does the abbreviation FAO stand for?** **SOUTHERN DISTRICT REPORTERS, P.C.** **(212) 805-0300** **DOJ-OGR-00018489**