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From: Brad Wechsler
To: Jeffrey Epstein <jeevacation@gmail.com> 
Subject: Re: Fw: BILLIONAIRE ITALIAN COUTURE - MIAMI AND LAS VEGAS - 2014 ACCTG 
RECORDS 
Date: Sat, 28 Mar 2015 02:01:11 +0000 
That's fimny....and I thgt leon had another operating biz in vegas 
Sent from my Verizon Wireless BlackBerry 
From: Jeffrey E. <jeevacation@gmail.com> 
Date: Fri, 27 Mar 2015 21:53:27 -0400 
To: Brad Wechsler< 
Subject: Re: Fw: BILLIONAIRE ITALIAN COUTURE - MIAMI AND LAS VEGAS - 2014 ACCTG 
RECORDS 
fyi I happen to know the people . i wont say anything 
On Fri, Mar 27, 2015 at 9:45 PM, Brad Wechsler c 
Nope... 
Sent from my Verizon Wireless BlackBerry 
wrote: 
From: Jeffrey E. <jeevacation@gra
Date: Fri, 27 Mar 2015 21:40:16 -0400 
To: Brad Wechsler 
Subject: Re: Fw: BILLIONAIRE ITALIAN COUTURE - MIAMI AND LAS VEGAS - 2014 ACCTG 
RECORDS 
I assume the dope sent someone else s return to you by accident. 
any further proof needed 
On Fri, Mar 27, 2015 at 7:10 PM, Brad Wechsler < 
See below: ??? 
Sent from my Verizon Wireless BlackBerry 
---Original Message 
From: Thomas Turrin
Date: Fri, 27 Mar 2015 22:28:14 
To: Alberto Ballabio 
Joe Haffne 
Cc: Mike Meilak 
; Brad Wechsle 
Subject: RE: BILLIONAIRE ITALIAN COUTURE - MIAMI AND LAS VEGAS - 2014 ACCTG 
RECORDS 
> wrote: 
Alberto and Joe, 
One of the questions we are required to ask in order to comply with US GAAP accounting concerns 
your future expectations of profitability. This question affects the recognition of US tax benefits for 
net operating losses. 
If there is little expectation of future profitability, your financial statements 
must provide for a valuation allowance to reduce the value of US tax benefits arising from operating losses. 
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If management expects there to be a turn-around from losses to profits in the near future (one - three years), 
the corporation can recognize all or part of the US tax benefit from the losses. 
The questions are .... 
1. What is management's expectation of future profitability of its US operations? What time frame 
does management expect a turnaround? 
2. Will the owners of Billionaire Italian Couture (US) continue to finance the operating losses of the US 
operation? 
If so, for how long? 
We are available to discuss any questions you may have. 
Thank you for your assistance. 
Best regards, 
Tom 
THOMAS TURRIN, CPA 
Partner 
Raich Ende Malter & Co. LLP 
1375 Broadway 
New York, New York 10018 
(Direct line) 
(Fax) 
Cell 
mai : 
Website: 
----Original Message 
From: Alberto Ballabio [mailto: 
Sent: Wednesday, March 25, 2015 1:05 PM 
To: Thomas Turrin 
Subject: I: BILLIONAIRE ITALIAN COUTURE - MIAMI AND LAS VEGAS - 2014 ACCTG RECORDS 
Ciao Thomas, 
can I have an update about consolidatio reporting of Miami and Las Vegas? 
Thank in advance for your support, 
Alberto 
--Messaggio originale 
Da: Thomas Turrin [mailto: 
Inviato: mercoledi 11 febbraio 2015 21:06 
A: Joe Haffner 
Cc: Iraklis Karabassis; Alberto Ballabio; Mike Meilak 
EFTA00645681

Oggetto: RE: BILLIONAIRE ITALIAN COUTURE - MIAMI AND LAS VEGAS - 2014 ACCTG 
RECORDS 
Joe, Thank you...we will be in touch with any questions. 
Best, 
Tom 
THOMAS TURRIN, CPA 
Partner 
Raich Ende Malter & Co. LLP 
1375 Broadway 
New York New York 10018 
( Direct line) 
(fax) 
(Cell) 
mat: 
Website: 
 
Original Message 
From: Joe Haffner [mailto: 
Sent: Wednesday, February 11, 2015 1:37 PM 
To: Thomas Turrin 
Cc: Iraklis Karabassis; Alberto Ballabio; Mike Meilak 
Subject: RE: BILLIONAIRE ITALIAN COUTURE - MIAMI AND LAS VEGAS - 2014 ACCTG 
RECORDS 
Tom, 
Financials and workpapers for Las Vegas and Miami are attached. 
Let me know if you need any additional information. 
Thanks, 
Joe Haffner 
II( Retail Group, Inc. 
3238 Prospect Street, NW 
Washington DC 20007 
ax 
 
Original Message 
From: Thomas Turrin [mailto: 
Sent: Saturday, February 07, 2015 12:03 PM 
To: Joe Haffner 
EFTA00645682

Cc: Iraklis Karabassis; Alberto Ballabio; Mike Meilak 
Subject: BILLIONAIRE ITALIAN COUTURE - MIAMI AND LAS VEGAS - 2014 ACCTG RECORDS 
Hi Joe, 
I know it's only Feb 7th....but I'm just checking in 
re: accounting records for 2014 - for Miami and Las Vegas. 
I know you have to get the tax return for Las Vegas completed as well. 
Keep us posted. 
Thank you, 
Tom 
THOMAS TURRIN, CPA 
Partner 
Raich Ende Malter & Co. LLP 
1375 Broadway 
New York New York 10018 
(Direct line) 
(Fax) 
(Cell) 
mai . 
Website: 
 
Original Message----
From: Joe Haffner [mailto: 
Sent: Thursday, March 06, 2014 4:39 PM 
To: Thomas Turrin 
Cc: Dimitri D'Ambrosio; Iraklis Karabassis 
Subject: RE: Bic Las Vegas 
Tom, 
Billionaire Italian Couture USA, LLC (BIC LV) 2013 tax return is attached. 
Regards, 
Joe Haffner 
IK Retail Group, Inc. 
3238 Prospect Street, NW 
Washington, DC 20007 
(x-260) 
fax 
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Original Message----
From: Joe Haffner 
Sent: Thursday, February 27, 2014 6:45 PM 
To: 'Thomas Turrin; Dimitri D'Ambrosio 
Cc: Valentina Mazzoleni; Fabrizio Maccazzola; Iraklis Karabassis; Luca Vitali; Marco Cottini; Alberto 
Ballabio; Mike Meilak; Margaret Peza 
Subject: RE: Bic Las Vegas 
Tom, 
Billionaire Italian Couture USA, LLC is the Las Vegas location. This entity is owned 50% by Iraklis 
Karabassis and 50% by BIC Holdings, Inc. 
Billionaire Miami, LLC is a single member LLC 100% owned by BIC Holdings. Because it is a single 
member LLC the activity will be reported on the BIC Holdings tax return - there will not be a separate tax 
return. 
I have attached financials and the major work paper schedules for both entities. I have also attached the 
Florida registration for BIC Miami. 
The tax return for BIC USA (Las Vegas) was prepared and forwarded to our outside CPA to review - I 
should have the final back early next week. 
Let me know if you need any additional information or schedules on either entity. 
Thanks, 
Joe Haffner 
IK Retail Group, Inc. 
3238 Prospect Street, NW 
• 
20007 
fax 
 
Original Message 
From: Thomas Turrin [mailto: 
Sent: Thursday, February 27, 2014 5:36 PM 
To: Dimitri D'Ambrosio 
Cc: Joe Haffner; Valentina Mazzoleni; Fabrizio Maccazzola; Iraklis Karabassis; Luca Vitali; Marco Cottini; 
Alberto Ballabio; Mike Meilak; Margaret Peza 
Subject: RE: Bic Las Vegas 
Dimitri, 
The "bic Iv 12-31-13 financials" appears to be the financial statements of Billionaire Italian Couture USA, 
LLC (not Las Vegas). 
Please send us the 12-31-13 financials for BIC Las Vegas - I did not find the Las Vegas financial statements 
in the other emails. 
With respect to Las Vegas and Miami - does BIC HOLDINGS, INC. own more than a 50% interest in the 
new locations? 
If so, Under US accounting principles, we will need to present the financial statements of Holdings Inc. on a 
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consolidated basis. 
Also, we have not received copies of the LLC tax returns for USA LLC, Miami and Las Vegas. 
Please send copies of the tax returns of the above three entities when available. 
I appreciate your assistance in getting us needed information. 
Best regards, 
Tom 
THOMAS TURRIN, CPA 
Partner 
Raich Ende Malter & Co. LLP 
1375 Broadway 
New York New York 10018 
erect ine) 
(Fax) 
Cell 
mat : 
Website: 
 
Original Message 
From: Dimitri D'Ambrosio [mailto: 
Sent: Friday, February 21, 2014 6:02 PM 
To: Thomas Turrin 
Cc: Joe Haffner; Valentina Mazzoleni; Fabrizio Maccazzola; Iraklis Karabassis; Luca Vitali; Marco Cottini; 
Alberto Ballabio 
Subject: Re: Bic Las Vegas 
Hi Tom 
Yes, we should follow the same process as last years, Joe will fill the tax return and forward a copy to us and 
you so that you can proceed with the preparation of the FS Of Bic Holding 
Thanks 
Dimitri 
Inviato da iPhone 
16>
no 21/feb/2014, alle ore 23:22, "Thomas Turrin" < 
> ha scritto: 
mailto 
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Dear Dimitri, 
Based on the emails below, will Joe be forwarding 12/31/13 financial statements for BIC Miami and BIC 
Las Vegas.and also the partnership (LLC) tax returns? 
Thanks, 
Tom 
THOMAS TURRIN, CPA 
Partner 
Raich Ende Malter & Co. LLP 
1375 Broadway 
New York, New York 10018 
(Direct line) 
(Fax) 
Cell 
Email: 
Website: 
From: Dimitri D'Ambrosio [mailto: 
Sent: Tuesday, February 18, 2014 
To: Joe Haffner 
Cc: Valentina Mazzoleni; Fabrizio Maccazzola; Iraklis Karabassis; Luca Vitali; Marco Cottini; Thomas 
Turrin 
Subject: R: Bic Las Vegas 
Importance: High 
Dear Joe, 
could you please send us the updated 2013 Financial Statement of BIC LV and BIC Miami together with a 
detailed list of the intercompany invoices towards BIC Italy? 
We would like to proceed with the reconciliation so that we can validate the numbers and you can pass the 
FS to Tom Turrin. 
Thanks 
Dimitri 
P.S. 
In sending us the updated version, please consider what communicated in my previous email about the 
reconciliation between BIC Miami and BIC LV. 
Thanks 
Dimitri 
Da: Joe Haffner [mailto: 
Inviato: giovedi 16 gennaio 2014 19:35 
EFTA00645686

A: Dimitri D'Ambrosio 
Cc: Valentina Mazzoleni; Fabrizio Maccazzola; Iraklis Karabassis 
Oggetto: RE: Bic Las Vegas 
Dear Dimitri, 
I have attached a draft of the Las Vegas financials. I am waiting on an invoice from Ilaria to finalize this. 
There may be an adjust to inventory and cost of goods when I get that invoice as I have estimated amounts. 
In regards to Miami - I can forward a very rough draft later today. The major open items are an invoice due 
from Ilaria and the fixed assets for the build out of the store. Can you forward me a listing of invoices paid 
by Italy for this location? Also, do you have the final cost and invoices for the store fixtures - and were these 
paid by Italy? 
Thanks, 
Joe Haffner 
II( Retail Group, Inc. 
3238 Prospect Street, NW 
Washington, DC 20007 
(x-260) 
fax 
mailto: 
From: Dimitri D'Ambrosio [mailto 
Sent: Thursday, January 16, 2014 12:08 PM 
To: Joe Haffner 
Cc: Valentina Mazzoleni; Fabrizio Maccazzola 
Subject: I: Bic Las Vegas 
Importance: High 
Dear Joe, 
following my email below, do you think it will be possible to receive the report for BIC Las Vegas and BIC 
Miami by this evening? 
We have to provide to the Management some pre-closing data and we would really appreciate to have even a 
first draft of these reports Looking forward to hearing from you soon, 
Rgds 
Dimitri 
Da: Dimitri D'Ambrosio 
Inviato: martedi 7 gennaio 2014 09:23 
A: 'Joe Haffner' 
Cc: Fabrizio Maccazzola 
Oggetto: R: Bic Las Vegas 
Clao Joe, 
Happy New Year! 
Hope this email finds you well. 
Could you please send to me and Fabrizio, once it will be available, the financial statement of December of 
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BIC USA LLC? 
Thank you very much 
Dimitri 
Da: Fabrizio Maccazzola 
Inviato: martedì 7 gennaio 2014 09:15 
A: Dimitri D'Ambrosio 
Oggetto: Bic Las Vegas 
Buongiorno Dimitri, 
hai per caso ricevuto la chiusura di dicembre di Las Vegas? Mi servirebbe il saldo cassa per un report. 
Ciao e grazie mille 
Fabrizio 
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