Anda di halaman 1dari 25

Angelo B.

Amadio, Volumel (8- ) 4-lO


Page 94

Ai i

r i gh t

I ' m goi ng t o ask a f ew quest i ons


We ' l l t a ke our

about

i t ' s i 2 : OO o ' cl ock r i ght now


But

i unch br eak i n j ust a f ew seconds

di d

wa n t

t o

ask a f ew quest i ons about Exhi bi t 135


A

Oka y

I w ant you t o l ook at t hi s docum ent ci osel y


K e n n a u gh f r om t h e

and tei i m i f thi s i s i n fact a true copy of the bi l l e


of sa l e pr ov i ded t o you and Dr
de c e a s e d ,
!
A

Todd Ang i i n

l O
l i

I f you ' ze aski ng m i f I rem ber i s thi s e em

t h e

exact sam docum e ent t hat w provi ded i n 20O ] i t as O


' ,

12
i 3

appears to be, but i t ' s a copy of w ei ther i s the hat ori gi nal or I have no i dea w hat coui d have happened
betw een the t i m that our provenance w stoi en and e as
Vi cki gav e us a copy of t hi s
t h e s ame

1 4

!
i 5

But

i t

do e s a p p e a r

t o be

l 6
l 7

Q
A

You
Y e s

kn ew

Mr

An gi i n ?

l 8

l 9
2 0
2 1

,
^

And t he s i gnat ur e at t he bot t om of t he page

ar e you f am l i ar wi t h hi s si gnat ur e? i
A

No ,

I ' m not

2 2

So you can ' t t ei l m i f t hat i s i n fact hi s e


l t l ooks i i ke hi s si gnat ur e , but I woui d have
B ut y e ah , i t doe s

23 i
2 4

si gnat ur e on t he bot t om of t he page


A

2 5

t o hav e s om hi ng t o com r e i t t o et pa
V eritext Corporate Services
80 0-S 6 7-86 S 8

9 73-4 l O-4 04 0

Ange1 B . Amadio, Volum I (8- l O o e 4- )


Page 95

l oo k l i ke Todd ' s
Q
A

s i gn a t u r e

D you know who pr epaTed t hi s docum ? o ent


Todd wou l d h a v e pr ep a r e d i t

Q
A

D you know when he pr epar ed i t ? o


I t say s Dec ernber l Ot h , 2000
So I wo u i d have

to assum up unt i l that poi nt i n t i m m e e, aybe he prepared


i t bef or e
Q

t hen ,

but

And you' r e r ef er r i ng t 6 t he dat e t hat ' s i n t he

si gnat ur e bl ock at t he bot t om of t he page


A Y e s

1 O

1 l i 2

And i t woul d hav e been not ar i zed, a s we i l

Probabi y the copy that w have doesn ' t because i t w d e oul


hav e been a s t a mp

i 3

It

doe s n ' t

l ook l i ke i t ' s on t h e r e

l 4

Because i t says , " Execut ed I n The St at e Of O o, Count y hi


Of F r a n k l i n , Ci t y Of Co l um s bu
But i t wo u i d h a v e had

i 5 1 6

an i m e s s i on s t am on i t pr p
Q
A

l 7

And I
N o

don ' t

s e e t h a t ' s on h e r e

i 8

But

t h a t wou l dh ' t

b e un u s u a i

t o no t

t ur n

1 9 2 0 2 1

up

i n a p h o t o c op y
Q

So wher e was t he or i gi nai of t hi^ bi l l of sal e s


t hef t o c c ur r e d ?

wh e n t h e
A

2 2 2 3 2 4 f i l e

Wi t h t he pr ov enance i n t he J ackson Pol i ock

Q
A

Wh a t

ki nd o f

p a p e r wa s i t

on ?
I d on ' t

2 5

I t was on what ev er paper Todd used


V eri text Corporate Services

80 0-S 6 7-8 65 8

9 7 3-4 l O-4 04 0

Angelo B . Amadio, V olume I (8- O 4-l )


P a ge 96

r e me mb e r

P r ob a b i y a c o t t on o r
A h i gh qu a i i t y p . p e r ? a
Y e a h

i i n e n t y p e p ap e r

Q
A

He a nd R a i p h u s e r e a i l y n i c e p a p e r

Q
A

Do you know wher e t he or i gi na l i s now?


P r e s umab l y wi t h whoe v e r s t o l e t he p r ov e na nc e
a r t wo r k

and

t he
Q
A

Do y ou know whe r e i t
N o

i s?

And you had seen t hi s bi l i of sal e bef or e t he


c or r e c t ?

1 0

i oss

oc cur r ed ;
A

1 1

Y e a h

I^ f a c t , n

h a v e s e e n a no t h e r

on e t h a t
I

i 2

wa s mod i f i ed a f t e r t h i s t ha t wa s wi t h t h e p r ov en anc e don ' t r emem e r e xa c t l y wha t wa s on i t i bu t my b

l 3

1 4 i 5

under st andi ng f r om Ra i ph i s t hat Ra i ph a c t ua i l y nev er

m ade t hi s paym ent t o Todd and i t wa s f or i n-ki nd s er v i ces pr ov i ded by Rai ph and I at t he t i m e
A n d i t

i 6
i 7 l 8
1 9

was a way f or Todd t o ci r cum ent t he pr obat e l aws i n v


Oh i o , b e c a u s e h e wa s s o s i c k ,
a nd t hey d on ' t hav e t he

s ame ki nd of c om uni t y pr oper t y r i ght s i n Oh i o t hat t hey m


hav e i n
Q

2 0 2 1 2 2 2 3
2 4

Ca l i f o r n i a

S o t h e i n f o r ma t i on t h a t ' s o n t h i s b^ i l i
c or r e c t ?

of

sal e ,

i s

i t

A.
t ha t

I f Ra i ph sa y s he di dn ' t ma ke t he p ayment i n
t h a t . wou l d b e i n c o r r e qt , R a i p h i n t hat amou n t
Bu t t he act uai

amoun t r t h e n , n o ,

2 5

d i d n ot ma ke a p a yme n t

V eritext C orporate S ervices


80 0 -S 6 7 -8 6 5 8 9 7 3 -4 10 -4 0 4 0

AngeIo B . Amadio, V olume I (8- O 4-l )


Page 97

pi eces Todd di d gi ve us and the act ual vai ues

a r

cor r ect , be i t i f Ral ph gave a check or i n-ki nd


s e r v i c e s

I r em ber a r ecei pt af t er t hi s com ng t hat em i

Todd provi ded for i n-ki nd serVi ces and the i i st w ch hi


spe c i f i c a l l y

l i ke whi ch bar s and whi ch per cent age and


s u c h

t he wor k t hat I di d. t hat m i t ed t he t r ansf er of er


v a i u e

Ai i

r i gh t

S o unde r t h e j a c ks on Po l l oc k , i s

9 i O
1 1

t hat
wa s

i n f o r ma t i o n
s t o I en o
A
Y e s

do e s t ha t pe r t a i n t o t he pi e c e t ha t

1 2
i 3

And t hen t he whol esal e pr i ce of l O, 900, OOO,


c ome f r om?

wh e r e d i d t h a t
A

i 4 i 5 i 6

Pr esum abi y r Todd got t hat f r om Li oyds of

L On d o n

Q
A

Th a t ' s wh o i n s u r e d t h e p i e c e ?
Y e s

1 7

i 8
l 9

Q
A

And do you hav e any docum ent about t hat ?


N o

I t wa s s t ol en wi t h t he pr ov enanc e , but t he

2 0

d o c ume n t
Q

i s i n t he r ec ei pt

2 1 2 2 2 3 2 4

And t hen i t say s gi f t of 8 m l l i on doi i ar s f or i


r ende r ed

ser v i ces
A

c a n y o u .e x p l a i n t h a t

t o me

Wei i , i t wa s ei t her f or s er v i c es ^ hat I or t


Ra i ph wa s i nv oi v e d i n a i ot of

Ra i ph r ender ed f or Todd

2 5

bar deai s and^ sav i ng Todd ' s busi nes ses and st uf f ,
V eritt xt Co]p orate Services
8 0 0 -5 6 7 -8 6 S 8 9 7 3-4 l O-4 0 4 0

Angelo B . A madio, V olume.I (8- O 4-l )


P a ge 98

b e c a u s e my u nd e r s t a nd i n g

T o d d wa s
and

r eai i y '

r eai l y
So

si c k

and j u s t

s t opp e d pa y i ng

t a x e s

ev er yt hi ng

Rai ph

s t epp e d i n a nd s a v e d t h e b a r s a n d t h e b u s i n e s s e s a n d
s t u f f

I
Q
A

me a n Wh a t

t he ba r s ser v i ces

a r e .c a s h

b u s i n e s s e s

d i d y ou p r ov i de ?

T o dd h a d i o c a t e d a l o t

of

J a c ks oh P o i l o c ks

t h a t

had been f ound and appr ov ed f or auct i on, about 25 or 30

pi eces , and I spent about a year r esear chi ng t hem


j ust t he di dn ' t

They

t hey j ust

we r e n ' t
my

ko s h e r

Ev en

t h ou gh

l O

auc t i on hou s e s

app r ov ed ,

un d e r s t a n d i n g

i s

l at er
t hey

1 1 1 2 1 3

t hey wer e pr oved t o be not aut hent i c i n 2002


we r e l oo ki n g t o a t t a c h

But

t h o s e p i e c e s wi t h To d d An g l i n ' s
c r edi b i l i t y ,

bi g pi ece because i t woul d gi v e t hem

1 4

be c a u s e Todd ' s ^be y and any que s t i on wa s a u t he n t i c


We kep t Tod d

1 5 i 6

ke p t

To d d f r om d o i n g t h a t
hi s i nv e st or s

a nd
we r e

a l s o kep t Todd f r om h a v i n g

wh o e v e r

l 7
1 8

f r om spendi ng 50 m l l i on dol l ar s on 25 f ake pi eces i


Now, coui d t hey have spent i t and coul d t hey hav e
i n sur ed t hos e pi e c es , bec aus e t bey we r e goi ng t o go
t h r ough Chr i s t i e ' s or wha t ev e c ?
I lb s o i u t e l y
P r ob ab l y
A n d
B u t

l 9

2 0
2 1

wou l d
t h a t

t hey hav e got t en t he i r m oney ba c k?


t e i l s y ou t ha t

2 2 2 3
2 4

e v e n b i g a u c t i o n h o me s

c a n ma k e mi s t a k e s
h a d

And wh y we f e i t

it

wa- n ' t s

c l e a n wa s we

r e c e i v e d a phon e c a l l
t h e r e ' s t wo r e a s on s

f r om an a r t f r a ud i n v e s t i g a t o r
A n a r t

2 5

f r a ud i nv e s t i ga t o r

f r om t h e

V eritext Corporate Services


80 0-S 6 7 -86 5 8
9 7 3 -4 10 -4 0 4 0

Angelo B . Amadio, Voiume I (8- O 4-l )


Page 99

New Yor k Ti m aski ng us w es hat we knew about t hese pi eces


a n d wh o w a s sei l i ng
t h em

The gent l eman had t hem i n hi s


i n t i me

pos s es s i on at t hat poi nt

On e

o f

t hos e

publ i cat i ons, w hether i t w the N York Ti m or t he as ew es


New Yor ker or a N e w Y o r k pXb i i c a t i on ,
w e

spent

a l ot

of

6
7

t i m t ai ki ng t o hi m back and f or t h on t he phone, and we e


w e r e

ac t ua l i y

go i ng t o t r y

t o set
At

t he pe r s on up who ha d
t hi s poi nt i n t i me ,

8 9

t he p i e c e s i n hi s pos s e s s i on

had t hose pi eces been associ at ed wi t h t hi s pi ece , i t


woul d hav e ki l l ed t he v a l ue of t he Poi l oc k
So n ot on i y

i O

i i
1 2
i 3

di d Todd not l ose a subst ant i al pi ece i n hi s col l ect i on,


he di dn ' t i ose a bunch of peopl e ' s m oney , whi ch i s
r e a i l y wh a t
t he ser v i ces Th e

it

c ome s d own t o
L r ende r ed

An d

t hose

wou l d

hav e

been

1 4

t hat

1 5

Pol l oc ks

t hat

we

di s c ov e r ed

o r

t h a t

c a me

1 6

acr oss our pat h out of East Ham on, New Yor k, r ecent l y pt

1 7
1 8

i t ' s r epor t ed di f f er ent l y, t hat t hey wer e di scover ed i n


2002, whi ch we f i nd qui t e am ng because- we hav e azi
doc umen t a t i on of t hem b a c k ^i n 2 000
Wh e n s o me o n e won
'

1 9

2 0

i et you phot ogr aph or have an exper t com wi t h you, e


w h i c h^ w e . wh o wo u l d hav e

2 i

b r o u gh t
t he

t he ar t
i s my

f r aud i n v e s t i g a t o r
unde r s t and i n g ,
t o

2 2

f o r me r l y

wa s

wi t h

FB I ,

2 3 2 4

East Ham on t o vi ew t he pi ece and t hey won ' t do pt

chem cal t r aci ng or f i ber anai ysi s , t hose ar e as bi g r ed i


f l ags
a s y ou c a n

2 5

get

S o we t o l d T o dd t o wa i k a wa y ,

and

V eritext C orporate S ervices


800 -5 6 7-86 S 8
9 7 3 -4 l O-4 04 O

Angelo B . Amadio, V olume I (8- O 4-l )


Page 100
a r e

l a t e r we f ound out t h a t t he y we r e f a ke

S o

t h o s e

2 3

t he i n-ki nd ser v i ces t hat I pr ov i ded t o Todd so he di dn ' t i ose not onl y hi s bi g pi ece but al l of t he m oney
f or t he
Q
A

ot her

one s

Wh a t I

do c ume n t a t i o n d o y ou h a v e ?
l n

r e a d t h i s e xp o s e b y New Y o r k

t h e

N ew

Yor k T i me s a nd t he i r a r t
Q
A

f r aud i n v e s t i g a t o r
y ou hav e ?
We u s ed t o ha v e

wh a t
We

ev i denc e
t o

do

u s e d

i t ' s

gon e

l O

i ma ge s o f a i i
m i s s i n g

t ho s e p i e c e s
h a sn ' t

And

t hey

ar e ,

of

c ou r s e ,

i i

Vi c ki

r e t u r n e d a n y o f ou r b u s i n e s s

i 2 i 3

f i i e s

V i c ki ha s t he Ar t E t oi l e bu s i ne s s f i l e s a nd
r et ur n t hem

d i dn ( t

But phot ogr aphs of t hose i ndi v i dua l

l 4

p i e c e s we r e i n t h e r e
Q

i S

Wh a t

e l s e doe s V i c ki

h a v e wi t h r e s p e c t

t o y our

1 6

year and a hal f i nvest i gat i on i nt o t he f ake j ackson


P o i l o c k s ?
A
I m e a n

l 7

i 8

t hat

wa s p r e t t y s ub s t a nt i a l

I t

h a d

t h e

1 9
2 0

nam .of t he ar t f r aud i nv est i ga t or , i t had t he e

i ndi v i duai pi eces , i t had t he nam of t he gent l em who e an


w a s

2 1

t r yi ng t o peddi e hi s war es t o peopl e, f r om i ack of

2 2

bet t er expl anat i on, out of East Ham on, New Yor k pt
Ever yt hi ng
E t o i l e

2 3 2 4

Ev er yt h i ng p e op i e

She

ha s

e v e r y t h i n g f r om A r t t he j a c k s on
Th i s
S

S o wh a t

be c ause

Pol l ock
a n o t h er

2 S

c ommi t t e e h a d b e e n d i s s o l v e d b y t h e n
V eri text C qrporate Services
S OO-S 6 7-86S 8

9 7.3-4 l O-4 04 0

Angeld B . Amadio, V olume I (8- O 4-l )


Pa ge i O1

t i m wher e t he exper t que st i on com e es i n

E v e n

t h e

2 3

form m ber s of t he J ackson Poi l ock conni t t ee appr oved er em u


t he p i ec e s , and I di dn ' t
It j u s t wa s n ' t
You c ou i dn rt

r i gh t
do y ou r

F i r s t

of f , t he pr i ce was t oo i ow
s c i ent i f i c r esear ch

Wh o c a r e s wh a t

d o c ume n t a t i o n t he y

gi ve you, you have t o i ndependent i y conf i rm that , do due


di l i gence , or you deser v e t o l ose your m oney
S o
r

8 9

guess that ' s w e peopi e sai d that I am an expert , her


because I sai d no t o pi eces t hat even t he f orm J ackson er
P o l i o c k c omm t t e e ap p r ov e d i
Q
f r o m 7
A

l O

l 1
l 2

Wh o

di d

t he

5 0 mi l l i o n

dol i a r

a mo u n t

c o me

i 3 i d e a

E i t he r Todd Angl i n ' s i nv e s t or s

ha v e no

i 4
1 5

But i f Todd and Ral ph sai d t o m e on som hi ng, ov et

t hey ' ve got t he m oney , I ' m cer t ai n t hat t hey can com up e
wi t h t he i nVe s t or s t o c ome up wi t h t he mone y
I t wa sn ' t

l 6
1 7

m j ob t o ask w w e t hese peopi e , but t hey ' r e y ho er


subst ant i ai col i ect or s i n O o and New Ybr k and i n t he hi
gay c ommu n i t y

1 8
i 9 2 0 2 l

They keep t hei r m oney t oget he;

Th e y

don ' t wor k wi t h t hei r f am i i es or anybody on t he i out s i de , and i t ' s how t hey t r ansf er weal t h
Un t i i

2 2
2 3 2 4

r ecent l y
Q
d e a l ?

t hey haven ' t had t he sam pr ot ect i ons as us e


S o wha t was y our r ol e i n t he 50 mi l i i on doi i a r

2 5

Mi ne was t o -- m r ol e i n t he 50 m i i i on doi l ar y i
V eritext Corporate Serv ices

80 0 -S 6 7 -8 6 S 8

9 7 3 -4 10 -4 0 4 0

Angelo B . Amadio, Volume I (8- 0) 4-1


Pa ge l O2

dea l

wa s

not hi ng

wo u l d h a v e s o l d t h e p i e c e s ,

i f

pur chased t hem t hrough Ar t Et oi i e, and t hey t ur ned out ,


t o be aut hent i c ,
c o mmi s s i o n

absol ut e i y

wo u l d

hav e

ma d e

The gal i er y pr obabi y woul d have m ade i t s 20


But my r ol e pr i or
t o

5 6 7

t o

3 0

pe r c ent

t hat

wa s

pr ov i ng and i t

t ha t wha t y ou ' r e goi n g t o a c qu i r e


w a s n o t

a ut hent i c ,

So m r ol e wa s t o c onf i r m a l l t he y
Wh i c h ^e v e n

doc ument a t i on t h a t ha d be en pr ov i de d t o u s

t hough t he docum at i on t ur ned out t o be t r ue and ent


c or r ec t , our i nv e s t i gat i ons s a i d t ha t
i t wa sn ' t
A n d

l O

l l l 2
1 3

l at er on i t t ur ned out t hat because t echnol ogy has


adv anced a i ot i n t he i ast t en y ear s t hat I was
r i ght

And you ' r e al so st eppi ng on a l ot of peopl e ' s t oes w hen


y ou do t ha t
Q
S o

i 4

1 5 i 6

So your r ol e i n t he 50 m l i i on dol i ar deai , i

j ac kson Poi l ock deal , was t o . aut hent i cat e t hose pi eces ,

i 7

and you bl ew t he whi st l e on t hem bei ng f or ger i es?


A Y e s

i 8

But

t ha t

wa s

c o n f i r me d t h r o u g h t h e a r t
The a r t B ut f r aud y e s ,

i 9
2 0 2 l 2 2

f r aud i nv e s t i gat or and our own r es ea r c h

i nv est i gat or f or t he pubi i Cat i on i n New Yor k


I b l e w t h e wh i s t l e on t h e f a k e p i e c e s
Q

Do you have any document at i on about your r oi e


de a l ?

2 3

t ha t
A

2 4

We had, but we don ' t anym e ot her t han Ra l ph or


I wo u i d n ' t kn ow h ow t o

2 5

and m se l f t hat can conf i r m i t y

V eri text C orporate Services


80 0 -S 6 7 -8 6 5 8 9 7 3 -4 10 -4 04 0

Angelo B. Amadio, Volume I (8- O 4-l )


Pa ge i O3

get t ha t i nf or m t i on a
Q

But

t hat

wa s

my

r oi e Wh a t di d y ou hav e

2 3
4

Wh a t

do c ume n t

d i d y ou hav e ?

t o est abl i sh your rol e i n bi owi ng t he w st i e on t he 50 hi


mi l i i o n d o l i a r
A

f z aud ?

At t hat poi nt i n t i m we woul d have had e,

l et t er s on t he gal l er y l et t^rhead t hat woui d have went e


to w hoever t he al l eged owner was i n East Ham on, New pt

8 9

York.; W w d.have had i etters to any of the aucti on e oul


hom t hat appr oved t hem f or auct i on, any of t he es

1 0

com pani es t hat had done anal ysi s on t he pi eces and

1 1

anyone that w st i l i al i ve that had al l egedl y ow as ned the


p i e c e s

1 2

Th e r e ' s

l ot

of

st uf f

P e op l e e v e n a f t e r

y ou

1 3

sel l a pi ece you keep copi es of your pr oVenance


j ust do

Y o u

i 4 l 5 i 6

I t ' s . not s om hi ng y ou ev er l os e or f or get et


i t ' s st oi en

unl ess
s t u f f

S o t h e r e wou l d h a v e b e e n a i o t
hav e any of t hat n ow
I t ' s

of

But
Q
A

we d o n ' t
i s i t ?

gone

i 7
1 8

Wh e r e

W i ] t hose woul d be i n t he Ar t Et oi i e f i i es ei
St
j ohn h a sn ' t r e t ur ned
Wh i c h a r e my

1 9

t h a t V i c ki

2 0
2 i

under st andi ng separ at e


b oxe s
Q
A

woul d be separ at e f r om t he
sai d he ha s

t hat

Da v i d
'

St
s u r e

j ohn

2 2
2 3 2 4

Y o u

r e

Ab so i ut e l y

We h a v e

r e qu e s t e d

At t or ney

Cayce has request ed that ai l our at t orney-cl i ent


docum s be r et ur ned, al l of our busi ness r ecor ds ent
V eritext Corporate Serv ices
80 0-56 7-86S 8
S h e

2 5

9 7 3 -4 l O-4 0 4 0

Angelo B . Amadio, V olume I (8- O 4-1 )


Pa ge
An d t ha t , s wh a t t he St at e Bar

i O4
i s

ha s

not

done

t ha t

2 3

wo r k i n g o n
Q s o

f or

us ,

I
S t

gue s s

V i c k i

J ohn ha s po s s e s s i on o f

al l

t he

d o c ume n t s y ou ' r e r e f e r r i n g t o
A N o

V i c k i

S t

j oh n h a s p o s s e s s i o n o f

o f

phot ogr aphs and evi dence of ar t wor k t hat we had pr oved
w a s

not

a ut he n t i c ,

sp e c i f i c a l i y ,

t he

j ac kson

Pol l oc ks

t hat

we ' r e
Q
A

di s cus s i ng

Ho w a b o u t

t he l et t er s

t hat

y ou ' r e r e f e r r i n g t o ?
t hat
We wou i d h a v e

l O 1 l

T h o s e wo u l d h a v e yes
V i c ki ha s

b e e n wi t h

kep t

t hat ,
Q
A

1 2

S o
Y e s

t ho s e ,

t oo

1 3

We i i ,

c op i e s

of

t he l e t t e r s

B e c a u s e

t h e

i 4

or i gi nai s woul d have been m i ed t o t he peopi e ai


qu e s t i on s
Q

as ki ng

1 5
1 6

we r e y ou r e f e r e n c e d i n a n y

any

me d i a ,

any

1 7 1 8 1 9

n e ws a c c ou n t s , o f
A
N o

t h e 50 mi l l i on d o i l a r
c e r t a i n t h a t

f r aud ?
nobody except

I 'm

i n

f ac t ,

t he peopi e t hat had t he pi eces i n t hei r possess i on wer e


r e f e r e n c e d i n t h e n e ws a r t i c l e , f or s a f e t y r e a s on s
T h e

2 0
2 i

peopl e t hat do t hi s ki nd of s t uf f , y ou don ' t want your


n a me me n t i o n e d o r
d own t h a t

2 2 2 3 2 4

t hey ' l l

ki i l

y ou

I t

r eai l y

c o me s

The guy t h a t ha d t h e p i e c e s h a d a p r i or
f or f o r g i n g a n t i qu e

c onv i c t i on

f Ur n i t u r e

f r om 1 4 t h ,

1 5t h

2 5

and 1 6t h Cent ur y i s my unde r s t andi ng , and he wa s not a


V eritext Corporate S ew i ces
8 0 0 -5 6 7 -8 6 S 8
9 7 3 -4 10 -4 O4 0

Angelo B . Amadio, V olume I (8- O 4-l )


Page i O5

good

p e r s on

So no,
nev e r been

my n ame f o r
me n t i o n e d

saf et y
I n

e a s o n s

p ub l i c l y

w o u i d- h a v e -

i e t t e r s

o r

som hi ng f r om hi m, I t hi nk we r ec ei v ed a l et t er or et
o r

t wo ,

f r om t h e
Q
A Wh e r e

i nv e s t i ga t or
l S

f r om t h e

New

Yor k

T i me s

t h a t

l e t t e r ?
B u t I d on ' t

Th a t

wo u l d h a v e b e e n wi t h t h e s e i t 's t he r e
I hav en ' t

r ecal i
s t uf f

exac t i y be c aus e
i n f o r ev e r

i oo ked

at

t hi s

8 9

But

i s a p r oc e s s , i f

j ust

l i k e

wh e n

you

own

y our

o wn a i t wo r k ,

y o u own a b u s i n e s s ,

l O
1 i i 2
1 3

bef or e you go and spend your ci i ent , s m oney , you hav e t o


ma ke su r e t ha t y ou ' r e do i ng i t c or r e c t i y
c o mp a n y mo t t o
i s hou h e t s c hoon
I t ' s a
A n d w e
o u r

Du t c h

t e r mi n o l ogy c a l i e d k e e p i t

c l e an

And

t he

mo me n t

t h a t
I t

l 4
1 5

i t ' s not c i e a n or t t

sme l l s un c i e a n , y ou wa i k awa y

doesn ' t ^ m t t er i f ev er y t hi ng y ou hav e say s i t ' s good a


I f i t ' s not ko sh e r r you
i e a v e

1 6 i 7
l 8

Q^

wer e y ou c om pensat ed f r om t he i nv es t or s f or

s a v i n g t h em f r om b uy i n g f o r g e r i e s ?
A N o

i 9

nev e r

ev en

k n e w wh o

t he

i nv e St or s

we r e

2 O
2 1

For a i l
Ra l ph
mi l i i o n

I know, i t c oui d hav e been Todd Angl i n and


Ra l ph up t o t hi s poi nt of t i me wa s ma ki ng a
dol i ar s a y e ar

2 2
2 3 2 4

So

hav e

no

i dea

wh o

t he

i n v e s't o r s

ar e,

a n d r e c e i v e d n o c omp e n s a t i o n wh a t s o e v e r

f or t hat ot he r t han t hb f ac t t hat i f y ou know s omet hi ng

2 5

i s not r i ght , you hav e t o m ake sur e peopl e know about


V eritext Corporate Services
8 0 0 -S 6 7 -8 6 S 8 9 7 3 -4 l O-4 0 4 0

Angelo B . Amadio, Volume I (8- O 4-l )


Page 106

t h a t

2
3

Q ^

Wh a t

about

t he

J ac k son

Poi l oc k
t h e m ?

est at e ,

hav e

y ou

e v e r b e e n i n c om n i c a t i on wi t h mu
A

You ' r e r e f e r r i ng t o t he n ephew sp e c i f i Ca l i y or

5 6

me a n

Q
A

Any We

r epr e s ent at i v e
wo u l d

o f

t h e

e gt a t e b a c k wh e n we
I

y ou kn ow , b a c k i n

wer e doi ng al i of t hi s , exposi ng t he f akes , pr obabi y


d on ' t r ecai l s p e c i f i c p e op l e
B ut i t ' s not u n c o mmo n
Y o u

9 i O

f oz

peopl e t o not put ar t w k i n a cat ai og r ai sonne or


don ' t a l way s nec e s sar i i y wor k wi t h an es t a t e
F o r

i 1
i 2

exam e , hi s nephew i s j ust f r ee-r i di ng pl


c oa t t a i l s
r et ai l hi s

o f f

t h e

l 3

of

hi s

unc l e

He

ha s

don e

not h i ng ot h er
f o r

t han
' i l

1 4

pi eces

And ,

y ou

know ,

f or
I n t h e

1 5 l 6

gi v e a scenar i o i n answer i ng t h i s
t hi s be l i t i g a t e d a n d h e go e s on t h e

s h o u i d

st and ,

can

put

on

1 7
l 8

a hundr ed di f f er ent expe r t s t hat s ay i t ' s not unc om on m

f or peopl e not t o put t hei r ar t wor k i n a cat al og


r a i s o n n e

i 9

N u mb e r

t wo ,

he

wa n t s

mo n e y

N u mb e r

t wo ,

y ou

2 0
2 i

l ose pubi i cat i on r i ght s, and t hey ' r e prof i t i ng f r om i t


And i t c o me s d a wn t o mo n e y

I f

t he y ' r e
wh a t

not
t hey

goi n g t o
wa n t
A n d a

2 2

ma k e mo n e y

f r om y o u ,

t hey c an say

2 3

l ot of bi g col i ect or s don ' t cat al og t he st uf f wi t h t he


r a i s onne be c au s e t he y gi v e uP publ i c a t i on r i ght s
t hat wo u l d be
a

A n d

2 4

2 5

b i g r e a s o n wh y

You

kno w,

i t 's

not

V eritext Corporate Services


80 0 -S 6 7 -8 6 S 8 9 7 3 -4 10 -4 0 4 0

Angelo B . Amadio, V olume I (8- 0) 4-1


Pa ge 107
A n d i t

unc omm on at a l l t o not wor k wi t h c er t a i n peopl e

doesn ' t m t er when i ndi v i duai m ber s f r om t he j ac kson at em


Pol i oc k c o mmi t t e e ,

e v e n t h o u gh i t ' s d i s s o l v e d ,

t her e ar e

st i i l

c oup i e

we i l , b a c k t h en t h e r e we r e a c oup i e
Th o s e p e op l e t a ke

me mb e r S t h a t

s a i d i t ' s g o od t o g o

p r e c E ; enc e ov e r a nephew Q
A

So t he J a c ks on P oi i oc k wa s no t c a t a l oge d ?
N o

An d i f

ha d i t

no w,

wou l d n o t

c a t a i og

i t bec aus e I
Q

wou i d g i v e up t he c op y r i ght

t o y ou

i o

Wa s t he r e a ny t y pe of di spu t e wi t h t he n ephew

l l 1 2 l 3 l 4 i 5 l 6

ov er t he f act t hat t he J ackson Pol l oc k t hat sur f ac ed


wi t h Todd
A

Angi i n
N o

w a s

n o t

c at a l oged ?

nev e r

e v e n l e a r ne d a b o u t
an
a r t i c l e

a n y i s s u e wi t h
I n t h a t s a me

h i m unt i l
ar t i c l e

Mo n t e r e y
r an a

He r a l d r a n

t hey

qu o t e d a B o s t on p r o f e s s or
not u n c o mmo n i n t he
i n
s a m e

of

ar t

h i s t qr y s a y i n g

i t ,s

a r t i c l e
S o

1 7

A n d s ome h ow t h a t
no , l
Q

s ee me d t o b e i o s t
ev en
t a l ke d t o t h e

t r an s l a t i on

1 8

hav e

nev e r

ma n i n f o r ma t i o n

1 9 2 0

An d i n t h a t

p i e c e t h e r e wa s s ome

about t he m st er i ous j ac kson Poi l oc k t hat ha s sur f aced, y


and i t r e f e r en c e s i t a s sur f ac i ng
Wh y i s t hat ?
Di d i t

2 i 2 2

su r f a c e ? .
A

Di d i t
No , i t

d i s appe a r
wa s n ' t

f or

a p e r i od o f
l t

t i me ?
be en s e en

2 3 2 4

sur f a c i ng

ha sn ' t

i n t he publ i c eye , i t ' s ai way s been i n a pr i v at e


c o l l e c t i on

2 5

V eritext C arporate Serv ices


800-567-8658
9 7 3 -4 l O-4 0 4 0

Angelo B . Amadio, V olume I (S- O 4-l )


Pa ge l O8

Q^ Was t her e any per i ocl of t i m i n t he hi st or y of e


M r

Angl i n ' s j ackson Pol i ock t hat i s unaccOunt ed f or ?


A N e v e r

I t ' s a i wa y s b e e n a c c o un t . d f o r e

Q.

Now, Exhi bi t l 35 ai so i ndi cat es t hat t he


Do y ou

ba i anc e of t he J a c ks on Poi l oc k wa s S2 , 900, OOO


k n o w wh e r e
A

t hat

a mo u n t

c a me

f r o m ?

y ou know, i t s ay s 8 m l l i on f or s er v i ces i

r ender ed, and so Todd m ust have appar ent i y f el t he was


owed 2 mi l i i on doi l ar s f or s omet hi ng , but i t s ay s

i O

paym s r ecei v. ent ed at t he bot t om 5, 56 ,


a

So

t o

me

and
r

i 1

gi f t

c r edi t

So

ai l

t he

n u mb e r s

a dd

up

t o

zer o

1 2

hav e no i dea , y ou know, why Todd wou l d hav e put t hat


t h e r e wa s a b a l a nc e on t he r e

i 3

1 4 i 5
1 6

O.

Di d you or Dr . Kennaugh pay Todd Angi i n or hi s

es t a t e or t hr ough t he pr oba t e S2, 900, OOO f or t he j ac kson


P o i i o c k ?
A

l 7 l 8 1 9

We i i ,

B e c a u s e t h e r e wo u i d b e

i t

al l

add s

up

t o

ze r o

S o t h e r e wo u l d b e n o t h i n g o we d t o b e

pai d
Q

2 O
2 i 2 2

So t hat

- - t h e b a i a n c e , t h e S 2 , 900 , OOO, wa s n o t

pai d
A

Wel i , I m ean ac cor di ng t o t hi s r i ght her e , i t


gi f t cr edi t ,

2 3
2 4

say s whol e sal e pr i ce t ot ai 14, 756, OOOi

9, 700, O OO, ^ paym s r ecei ved, 5, O ent 56, OO and t hose add Q,
up t o 14 , 75 6, OOO
S o no , t h e r e wou l d b e n o t h i n g t o pa y

2 5

V eritext Corporate S ervices


80 0 -5 6 7 -8 6 S g
9 7 3 -4 l O-4 0 4 0

Angelo B . Amadio, V olume I (8- O 4-l )


Page l O9

i f

t he
Q

bai anc e

i s

ze r o

Wel l , paym ent s r ecei v ed, 5, O56, OOO, di d y ou pay


Mr

t h a t

t o

Angl i n ?

4
5

No ,
Ho w

d i dn ' t
Dr

Q
A

ab ou t

Ke nna ugh ?

My under st andi ng i s Ral ph say s i t was f or


ser v i ces

i n- ki nd

And t h i s - - a c c o r d i n g t o t h e r e c e i p t ,

Ra l ph di d pay wi t h a chec k
f or get s ?
l S

I s it

po s s i b i e t ha t

Ra l p h

Anyt hi ng i s possi bl e , but I don ' t -- t he poi nt

i o

you know, t hi s was done a year or t w bef or e Todd o


di ed

1 i

ev en

So, you know, i f t her e was som sor t of e

i 2

i ssue, I ' m cer t ai n t hat t hat woui d have ar i sen by now


But
ow e d

l 3

no ,

t hi s

ai l

a dd s

up t o

ze r o

Th e r e

i s

not hi ng

l 4
l 5

Q^ wher e i t says gi f t cr edi t of 9, 700, OOOr t hat


woul d hav e been f or s er v i c e s r ender ed and f or gi f t s ;
c o r r e c t ?
A

i 6

17
i 8

Or

or pa y men t s r e c e i v e d c ou l d be f or
I d i dn ' t cr eat e t he d o .c u me n t ,
I h a v e

l 9

ser v i ces

r ende r ed

2 0
2 i 2 2

no i dea of knowi ng what t he i nt ent of t he docum ent i s


Al l s I can say i s i t c ou i d b e e i t h e r
An d

or

And

i t

addg

up

t o ze r o ,
t he

s o n o t h i n g wa s owe d
not t o me

t hat ' s

accor di ng

t o

2 3 2 4

d o c u me n t ,
Q

S o h ow mu c h
Pol i oc k?

d i d y ou

a n d Dr

K e n n a u gh p a y

f or

2 5

t he

J a c k son

V eritext Corporate Services


8 0 0 -S 6 7 -8 6 5 g
9 7 3 -4 10 -4 0 4 O

Angelo B . Amadio, Volume I (84-lO )


Page i l O

--

di dn ' t

do any t hi ng

d i d

s e r v i c e s

2 3

r ende r ed

S o f o r me , y ou know, t ha t wou i d be f o r

paym s r ecei ved f or servi ces r ender ed or i t coui d be a ent


gi f t f r om To dd
Wh a t Ra i ph p a i d , I don ' t k n ow
Rai ph

woui d hav e

and he doesn ' t r em ber wr i t i ng a chec k em

6
7

f or i t

and he t hi nks t hat i t was f or sezv i ces t hat he

pr ovi ded f or Todd' s bar s and t he O her busi ness vent ur es t


t hey had t oget her t hat wer e i n ki nd
Q
h e r e

we l l , t hat i s n ' t c ons i s t ent wi t h t he dOc ument


B e c au s e i t s a y s unde r J a c ks on Pol l oc k t h e

i O

1 1 i 2

whoi esal e pr i ce and t hen under gi f t 8 m i l i on f or i


ser v i ces
A

r ende r ed Ok a y

l 3 i 4
i 5

Q
A

Th e r e ' s a b a i a n c e o f
U h - h u h

$2 , 9 0 0 , OOO

l 6

Q -

On i t s f a c e ,

t h a t wou i d i nd i c a t e t h a t

t ha t ' s

i 7
1 8

t he am ount t ha t wa s owed f or t he p i e c e and t ha t pa yment

wa s r ec ei v ed of $5, O56, OOO, t her ef or e , ba s ed on t hi s


doc ument a t i on a nd ^ he c om nt b e l ow " ^ , Todd A t me I
Angi i n

1 9
2 0

becaus e paym ent i n f ul i ha s been r ece i v ed, " i t

2 i

seem pr et t y c l ear on i t s f ace t hat t her e was a pa ym s ent


t hat wa s
A

2 2
2 3
2 4

ma d e

Be

i t

i n
di d

ki nd He
Wh o

or a nd

my

on l y a

can ' t

t est i f y

t o wh a t
busi ness

Ra l ph

To dd h a d

wh o i e

bun c h

of

2 5

deai i ngs

kn ows

Th e po i nt

i s i s t ha t

it

V eritext Corporate Services


80 O-S 6 7 -8 6 S 8
9 7 3 -4 l O-4 0 4 0

Angelo B . Amadio, V olume I (8- O 4-l )


Page i i i

says the paym w recei ved, and m servi ces w ent as y ere i n
k i n d

I can ' t t est i f y t o what E ph and Todd wer e doi ng Eai


i nv oi v ed i n t h a t
And i f Ra l ph t el i s

be c a u s e I wa sn ' t

m t hat he doe s not r em ber wr i t i ng a check i n t hat e em

am ount t o Todd, t hen I have t o bel i eve t hat Ral ph i s


c or r e c t and h i s s er v i c e s wer e i n ki nd
t he r a t i ona i e xp l a n a t i on o f
i t
Y ou k n Ow , Todd

wo u i d

be

easy

f or

8 9

m t o say yes, w m e e. ade that paym , ^ut that ' s not the ent b
t r u t h

The t r ut h i s Todd cl ear l y i s t r y i ng t o avoi d

i O

probate i n the St ate of O o because he' s dyi ng, and the hi


pi ece for the f i rst t i m ever bei ng t ransf erred t o a e
het erosexuai owner , hi s brot her s and hi s f am l y, f or t he i
f i r s t t i me s i n c e t he Roc . e f e l l e r s k
So I s ee t he

l i 12 i 3

1 4 l 5 i 6

docum ent as Todd t r yi ng t o pr ot ect asset s and weal t h

wi t hi n t he gay com uni t y , l don ' t see i t as wher e i s t he m


chec k or wh a t d i d y ou do
I t hi nk T o d d w a s -c e r t a i n l y

1 7

secur i ng up hi s asset s and t r yi ng t o m ake sur e t hat t hey


t r ansf er r ed t o peopi e pr i or t o hi s deat h so i t woui dn rt
b e c on t e s t e d a t ^ a l a t e r dat e And i f y ou kn e w T o d d i i k e

i 8

i 9

2 0
2 1 2 2

I di d and l i ke Ra l ph di d, t hat woul d be t he exact r eason


wh y h e d i d t h i s
But i t wo u I d b e easy But f or i f t o us say ,

Oh , y eah , we made t he paym ent

Ra l ph

d i dn ' t ,

2 3 2 4

and I wasn ' t i nv oi ved i n ^ he f i nanci al aspect of i t , I t


c an ' t
Q

t est i f y

t o t ha t

2 5

The way t hat t hi s adds up f or t he pi eces t hat


V eritext Co orate Ser vices
9 7 3 -4 10 -4 0 4 O

8 0 0 -S 6 7 -8 6 S 8

Angelo B . Amadio, V olume I (S- O 4-l )


Page 1i 2

ar e l i st ed, t he J ackson Pol i oc k, t he j oan Mi r o,

R o d i n

and t he Van Gogh, t he bal ances t ot al 5, O S6, OO under t he O


paym ent s r ec ei v ed sec t i on
A
Y e s

Th a t ' s p r e t t y

c i ear

5 t o Mr

But i t ' s your t est i m ony t oday t hat was not pai d
Angi i n f or t hos e f ou r p i ec e s ;
i s t h a t c o r z e c t 7.

6
7

I t ' s m t est i m y ony t hat I r em ber t hi s docum em ent

com ng, but a f oi l ow-up docum i ent af t er t hi s , whi ch we


hav e not been ab l e t o l oc at e ,
st at es t hat i t wa s f or

1 0

i n-ki nd ser v i c e s or s om hi ng, and t ha t no pa ym et ent wa s

i i

act uai l y m ade i n t hat am ount , as I r ecal i


M R

B u t

- -

1 2

CA Y C E

I mi ght

add i f y ou l oo k a t

t he s e

1 3

i ndi v i duai l y r I don ' t t hi nk i f you add up t he ba i anc e


ba l ance s t her e t hat i t adds up t o 5 m l i i on 56, i f y ou i

l 4

l 5
1 6

st ar t wi t h t he 2, 9 and t he 9 and 256 and a 5, I t hi nk


i t ' s un d e r 5 mi l i i o n
I s n ' t i t ?

I 'm not

sur e

wh a t

i t

1 7

me a n s , b u t

don ' t

t hi nk
And t ha t ' s al l any of us c an do

T HE
i 9 2 0

WI TNE S S

i s specui at e as t o what Todd i nt ended by sendi ng t hi s


o f f
M R

2 l

CA Y C E

Let

hi m ask a

qu e s t i on

2 2

j u s t wa nt

t o p o i nt

t ha t out

t o y ou

' m

n o t

2 3
2 4

sur e t hey add up t o t he paym ent r ec ei v ed l i ne


M R

PA R K E R

Yeah ,

i t

doe s i ndi c a t e t h a t

t he

2 5

t ot al am ount f or t he bai ance on each of t he f our pi eces


V eritext Corporate Services
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Angelo B . A madio, V olume I (8- O 4-l )


Page
I do agr ee

i 13
I t

i s

l es s
t o

t h a n t h e p a y me n t s
be
MR

r e c e i v ed
f ace r i ght

s e e ms

c l ear
CA Y CE

on

i t s Al l

M R

P A R K E R

Y e a h

B Y

MR

P A R K E R

But

i t ' s

cl ear

t ha t

p a y me n t s

r e c e i v e d wa s

5 , O5 6 , OO O
r

But

i t ' s y our

t e s t i mo n y

t hat

t h e r e wa s a

8
9

subsequent docum ent t hat i ndi c at ed t hi s was a l l i n ki nd


A
Y e s

1 0

Q
A

Wh e r e

i s

t hat

d o c u me n t

n ow?

1 1

Th a t
t hat

wo u l d h a v e b e e n wi t h t h e p r o v e n a n c e o f
wa s s t o i en

t he

1 2

Po l l oc k

Because

t hat

wa s

Ra i p h ) s

i 3

r e i a t i on s h i p wi t h Todd wa s t o ma ke s u r e t h a t Todd wa s

i 4 l S l 6

keepi ng i t c l ean and t o be v er y pr ec i s e i n what he was


s a y i n g a n d do i n g
Q

I s t hat
c ou r t ?
I f t hi s

s ub s e qu e n t

do c ume n t

f i l e d wi t h t h e

i 7 i 8
i 9

p r ob a t e
A

wa s

f i l ed

wi t h

t he

p z ob a t e

c our t ,

yes ,

t h e n t h e s ub s e qu e n t d o c ume n t wou l d h a v e b e e n ,
T h e r e wa s n o c o n t a c t - - n ob o d y as I

a s we l i
T o d d

2 0

c an r ecal l ,
w e

2 l

Angl i n ' s e s t a t e ^ v e r c on t e s t e d an y t h i ng t ha t ne
r e c e i v ed f r om Todd

2 2

I n f ac t ,
hi di ng

t h i n k Ra i p h
S o t h i s

sued
a l i

t h em

2 3 2 4

be c aus e

t hey

we r e

asset s

wa s

di s c i osed t ha t
cont e st ed i t

we d i d h a v e t h e s e t h i n g s ,
So ev en t hen

a n d n ob o d y
wo u l d have

2 5

wh a t s oe v e r

t hey

V eritext C or porate S erv ices


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Angelo B . Amadio, V olume I (84-10)


Page 114

been pr ovi ded t he oppor t uni t y t o cl ai m owner shi p t o t he


p i e c e , a nd t he y di dn ' t

Q^

So what happened, t hen , i s t he bai ance

i ncl.udi ng t he t r ade t ot ai s t he 5 m i l i on 56. i


i nc i ude t he t r ade wi t h t he ba l anc e s on t he
h ow t ha t
A

So i f you
t hat ' s

f ou r ,

n u mb e r
Ok a y ,
MR

wa s d e r i v e d
i f y ou say
Y e a h

so

8
9

CA Y C E

T HE

WI TN E S S

Th e on l y t h i n g I

ge t

ou t

of

t hi s

i O

whol e docum ent i s t hat Todd wa s t r ans f er r i ng t i t l e t o us and he want ed t o m ake i t ci ear t o ev er ybody t hat t hey
had no o wn e r s h i p i nt er est
To me t he n u n i 3e r s don ' t
Wh i c h i s

1 i

l 2 1 3

ma t t e r

Wh a t

ma t t e r s

i s own e r s h i p t r a n s f e r

i 4

wh a t

Todd

i nt end ed
B Y MR PA R K E R

1 5

l 6

So you ' r e s ay i ng t hat d bi l i f or s ai e f or over


Th i s i s

i 7
1 8

S l 4 mi l i i on i n ar t , t he am ount s don ' t m t t er a


s o me b o d y
A

wh o

i s

i 9

We l l ,

I m an of c ou r s e t he amount s ma t t e r e

B u t

2 0

what ' s t he i nt ent of i i s t i ng t he pi ece s and t he am ount s ? Because i f you ' r e i i s t i ng f or t he i nt ent of how paym ent
wa s r e c e i v e d a nd h ow i t wa s r e n d e r e d ,
a n d t h e i n t en t

2 i

2 2

2 3 2 4

he r e i s f or Todd t o t r an s f e r t i t i e , e l i mi nht i ng any

pos s i bi e f ut ur e i nt er e s t i n
t o t hos e wh om h e n a me d

i n t he pi e c e ot he r

t han

2 5

Th a t ' s wh a t

ge t

ou t

of

t he

V eritext Corporate Services


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9 7 3 -4 l O-4 0 4 0

A ngelo B . Amadio, V olume I (S- O 4-l )


P a ge
but not t o

1i 5

d o c u me n t

The

n u mb e r s

ma t t e r ,

b u t

t he

2 3

ext ent of -- see t he m t i m os por t ant a spec t of t he


do c ume n t
of

yes ,

t h e numb e z s ma t t e r

i s

t h e

t r a n s f e r

o wn e r s h i p a n d t i t l e
Q .

S o we ' r e t o b e l i e v e t h e i n t e nt , b u t not wh a t ' s

a c t ua l i y c on t a i n ed i n i t .
Th a t ' s
t h a t
A

a r g ume n t a t i v e

You

don ' t

ne e d

t o

a n swe r

No ,

kn ow i t

i s

Un f o r t u n a t e l y ,

t ha t ' s

t he

1 0

d o c ume n t
M R

i i

CA Y C E

l s t h e qu e s t i o n p o i n t i n g ou t

t he
m e a n

l 2 l 3

v a l u e of t h e P o l i o c k a t

t he t i me ,

f or e xamp l e ?

I ' m j ust aski ng i f you ' r e t r yi ng t o get t o t he poi nt of


t he aut hent i c i t y
THE

i 4 1 5 1 6

of

t h e v a l ue
The v a l ue wou l d be =I f

WI TNE S S

t he

vai ues
wh a t

a r e c or r ec t

t her e f or t he poi nt

i n t i me

t ha t ' s

17

you ' r e get t i ng t o , t he Val ues ar e i O per cent cor r ect O


B Y MR
P A R K E R

l 9

Q
A

For

ai l

f ou r p i e c e s t h a t

ar e l i st ed?

2 0
2 l

I wou l d a r gue t ha t t he Rodi n i s a b i t h i gh f or


I wou l d a r gu e t h a t t h e n t h e Van Gogh wa S c or r e c t ,

t h e n

2 2

but
a r e

i^ r t h io

l es s

n ow

But And

t h e Mi r o

and

t he

Pol i oc k hav e

t hen been

2 3 2 4

c or r e c t ,

y e s

t hes e

e s t i ma t e s

wo u i d

pr ov i ded f r om whom ever Todd used, and pr esum y , abl


be c a us e he s a i d L l oy ds o f L ondon , t he y i n s ur ed t he
V eritext C orporate S erv ices
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2 5

Angelo B . Arnadio, V olume l (8- O 4-l )


Page 116

wh o l e s a l e

v a i ue

i s wh a t

wou l d gu e s s ,

t h e r e p l a c eme n t

va l ue or
Q^ b o t t om o f

wh o i e s a l e v a i u e

And you ' r e r ef er r i ng t o t he par agr aph at t he


t ha t page ,

but

un f o r t una t e i y ,

n on e

of

t he

r ef er enced docum ent s ar e at t ached wi t h t hi s par t i cul ar


b i l i o f sa l e

6
7

Do y ou know whe r e t ho s e doc ument s a r e

t ha t ar e r e f er enc ed i n t ha t par agr aph ?


A

8
9

T h o s e wo u i d h a v e b e e n s t o l e n

Th e y

wo u l d h a v e

been

i n t he p r ov enan c e box
Q

i o

Shou i dn ' t t he y a l s o b e wi t h t he pr oba t e c our t

i 1 1 2 i 3
i 4

i f t hey ' r e i i s t ed i n t hi s doc ument ?


A

Tf t he y e v e n c ame up i n p r ob a t e
St

P r o b a t e

c a me

f r om
f i i e

V i c ki

j ohn t e l i i n g u s i t wa s i n t h e p r ;ob a t e

hav e nev e r s e en t h i s i n t he pr ob a t e f i l e wh en I
but i t c oui d be , yes

l 5

wa s

i n Oh i o ,

1 6

So y ou hav e s een t he pr oba t e f i i e A. Bac k i n 20O2 or wha t ev er , y eah . I t ' s -- Ra l ph

1 7 1 8

was f i ght i ng f or ow ner shi p i nt er est i n st uf f , i n Todd' S


bar s , t hat he was i nvol ved i n a l ong dr awn-out bat t i e because t hey wer e f unnei i ng m oney and st uf f out t he back
door , Todd ' .s ex e c ut or and br ot h e r
Q
A

l 9

2 0
2 1

22
2 3 2 4

wa s
Y e s

t her e

l awsu i t s ?

Q
A

And
Y e s

t hat

wa s

i n

Oh i o

2 5

V eritext ; orporate Services C


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Angelo B . Amadio, Volume I (8- O 4-l )


Pa ge 1i 7

Q
A

And

wa s

Dr

Kennaugh l i st ed i n t hose l awsui t s ?

The

he was

when you say l awsui t s , I woui d


I f t hat ' s def i ned as a

say c l a i ms wi t hi n pr oba t e
l aws u i t r y es

Ral ph was l ayi ng cl ai m i nt o Todd s

Angl i n' s pzobate for i nterest i n the bars and other

pi eces that w had acqui red an i nterest i n upon hi s e passi ng that w w e ere supposed to have f i rst ri ght of
s a l e t o

And when you saw t he pr obat e , t he f i i e i n

i o

probate court r di d you see any authent i cat i on docum s? ent


A

1 i l 2 i 3

don ' t

r e me mb e r

Th e on l y s t u f f

r ememb e r

revi ewi ng i n t he probat e f i i e w ere t he i nt er est s i n t he


b a r s

I don ' t bel i eve t hat anyt hi ng t hat Todd had

l 4 l 5 1 6

t r ansf er r ed t o Rai ph pr i or t o hi s deat h cam up i n e


p r ob a t e
MR

PA R KE R

Why don ' t we t a ke a l unch br ea k

l 7

n o w

i 8

C o me
M R

bac k
CA Y C E

i n

an
S u r e

hou r ?
S ound s good

l 9
2 0

( L unc h r e c e s s . )
B Y MR PA R K E R

2 1

2 2

M r

Am adi o , a r e you r eady t o pr oc eed wi t h y our

2 3
2 4

t e s t i mo n y ?
A

Ye s ,

am

2 5

D yO under st and you ' r e st i l i Under oat h? o u


V eritext Corporate Sew ices
9 7 3 -4 l O-4 0 4 0

800 -S 6 7-86 S 8

Angelo B . Amadio, V olume I (8- O 4-l )


Pa ge i i 8

Yes , Ok a y

dO

2 3

I ' m goi ng t o r et ur n y our or i gi nal


Th a n k

i i c ense and c hange of addr e s s c a r d t o y ou now


y ou f o r
A

t ha t
Th an k
MR

y ou

PA R KE R

And j u s t

f or t he r e c or d , t h e

second set of cer t i f i ed t r ans cr i pt s I r ecei ved i n m y


o f f i c e y e s t er da y

l br ought t hos e wi t h me t oday

A n d

9 l O

ai l f our of t he cert i f i ed t r anscr i pt s have been pr ovi ded


t o Mr

Ca y c e

Th o s e
s i gn

a r e t he o r i gi na l s

f or

Dr

Ke nn a u gh

1 l l 2 1 3
i 4

t o

r ev i ew

and

am a s k i n g t h a t

t h e s i gn e d

t r angcr i pt s be r et ur ned t o m of f i ce as soon as he can y


ge t a r o u nd t o i t
MR

CA Y C E
PA R K E R

Y e a h

Tha t

wi l l

be

f i ne

i 5

MR

Th a n k y ou f o r

t hat

l 6 1 7 i 8 i 9

B Y

MR

PA R KE R

Q
A

Anot her ques t i on about t he Ti m Capsul es e


Y e s

Q
A

Why di d y ou hav e t wo of t hem?


One i s a ba c kup , b a c kup t o t h e b a c kup
T h e o n e

2 0
2 i 2 2

__ l i ke f or exam e , now we hav e a bac kup har d dr i ve i n pl .


t he s a f et y depos i t
s e c onda r y
Q
A

b ox

Af t e r

l oss ,

y o u a l wa y s h a v e a

2 3
2 4

b a c kup

S o b e i n g doub l e r e dun d a n t ,
Y e s

t h en

2 5

V eritext Corporate Services


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