DOJ-OGR-00018515.pdf

--- Page 1 --- **Document Extraction** **Header:** Case 1:20-cr-00330-PAE Document 751 Filed 08/10/22 Page 178 of 261 LC6Cmax5 **Page Content:** 1. account is? 2. A. Yes. 3. Q. A trust account – I'm generally summarizing – it holds 4. money for a beneficiary of a trust, but that account is actually controlled by a third party; right? 5. MS. MOE: Objection, your Honor. 6. THE COURT: Overruled. 7. A. Can you repeat the question, please. 8. Q. So in a trust account, the money is held in an account for a beneficiary of the trust, but the account is actually controlled by a third party; isn't that right? 9. 11. controlled by a third party; isn't that right? 10. A. There are many types of trusts, but generally, a general description. 11. Q. What I just described is a type of trust account; is that accurate? 12. A. Yes. 13. Q. And it is possible to set up a trust account for someone without them even knowing; is that right? 14. MS. MOE: Objection, your Honor. 15. THE COURT: Sustained. 16. MR. EVERDELL: Your Honor, may I have a moment to confer with the government? 17. THE COURT: Yes. Members of the jury, if you would like to take a standing break, you're welcome to. All right, please be seated. **Footer:** SOUTHERN DISTRICT REPORTERS, P.C. (212) 805-0300 DOJ-OGR-00018515