郭文贵破产案 · EXHIBIT · ECF #1604-40

## **Exhibit 40**

| ·1 | | Page 1 | |----|---------------------------------------------------------|--------| | | ·2· · · · · · ·UNITED STATES BANKRUPTCY COURT | | | | ·3· · · · · · · · DISTRICT OF CONNECTICUT | | | | ·4· · · · · · · · · BRIDGEPORT DIVISION | | | | ·5· · · · · ·Chapter 11 Case No. 22-50073 (JAM) | | | | ·6· ·----------------------------------------x | | | | ·7· ·In Re: | | | | ·8· · · · · ·HO WAN KWOK | | | | ·9· · · · · · · · · · · · ·Debtor. | | | | 10· ·----------------------------------------x | | | 11 | | | | | 12· ·REMOTE VIDEOTAPED DEPOSITION OF MARGARET E. CONBOY | | | | 13· · · · · · · ·Tuesday, February 21, 2023 | | | 14 | | | | 15 | | | | 16 | | | | 17 | | | | 18 | | | | 19 | | | | 20 | | | | 21 | | | | | 22· ·Reported by: | | | | 23· ·Amy A. Rivera, CSR, RPR, CLR | | | 24 | | | | | 25· ·JOB NO. 222606 | |

| ·1 | | Page 2 | |----|-----------------------------------------------------------|--------| | | ·2· · · · · · · · · · · · · · · · · February 21, 2023 | | | | ·3· · · · · · · · · · · · · · · · · 10:13 a.m. | | | ·4 | | | | | ·5· · · · · · · · · REMOTE videotaped deposition of | | | | ·6· ·MARGARET E. CONBOY held pursuant to Notice, before | | | | ·7· ·Amy A. Rivera, Certified Shorthand Reporter, | | | | ·8· ·Registered Professional Reporter, Certified LiveNote | | | | ·9· ·Reporter, and a Notary Public of the State of New | | | | 10· ·Jersey. | | | 11 | | | | 12 | | | | 13 | | | | 14 | | | | 15 | | | | 16 | | | | 17 | | | | 18 | | | | 19 | | | | 20 | | | | 21 | | | | 22 | | | | 23 | | | | 24 | | | | 25 | | | | | | |

| ·1 | | Page 3 | |----|-------------------------------------------|--------| | | ·2· ·R E M O T E· ·A P P E A R A N C E S: | | | | ·3· ·Paul Hastings | | | | ·4· ·Attorneys for TRUSTEE | | | | ·5· · · · 200 Park Avenue | | | | ·6· · · · New York, NY 10166 | | | | ·7· ·BY:· Avram Luft, Esq. | | | | ·8· · · · Douglass Barron, Esq. | | | ·9 | | | | | 10· ·Whitman Breed Abbott & Morgan | | | | 11· ·Attorneys for the Witness | | | | 12· · · · 500 West Putnam Avenue | | | | 13· · · · Greenwich, CT 06830 | | | | 14· ·BY:· Michael Thomason, Esq. | | | 15 | | | | 16 | | | | | 17· ·ALSO PRESENT: | | | | 18· · · · Jonathan Popham, Videographer | | | 19 | | | | 20 | | | | 21 | | | | 22 | | | | 23 | | | | 24 | | | | 25 | | |

| ·1· · · · · · · MARGARET E. CONBOY | Page 4 | |---------------------------------------------------|--------| | ·2· · · · ·VIDEOGRAPHER:· Good morning, | | | ·3· ·Counselors. | | | ·4· · · · ·My name is Jonathan Popham.· I'm a | | | ·5· ·legal videographer in association with TSG | | | ·6· ·Reporting, Incorporated. | | | ·7· · · · ·Because this is a remote deposition, I | | | ·8· ·will not be in the same room with the | | | ·9· ·witness.· Instead, I will record this video | | | 10· ·deposition remotely. | | | 11· · · · ·The court reporter, Amy Rivera, also | | | 12· ·will not be in the same room and will swear | | | 13· ·the witness remotely. | | | 14· · · · ·Do all parties stipulate to the | | | 15· ·validity of this video recording and remote | | | 16· ·swearing and that it will be admissible in | | | 17· ·the courtroom as if it had been taken | | | 18· ·following Rule 30 of the Federal Rules of | | | 19· ·Civil Procedure and the state's rules where | | | 20· ·this case is pending? | | | 21· · · · ·MR. LUFT:· This is Avi Luft on behalf | | | 22· ·of the Chapter 11 Trustee. | | | 23· · · · ·And we do. | | | 24· · · · ·MR. THOMASON:· Michael Thomason on | | | 25· ·behalf of the witness. | |

| ·1· · · · · · · MARGARET E. CONBOY | Page 5 | |---------------------------------------------------|--------| | ·2· · · · ·Sure. | | | ·3· · · · ·VIDEOGRAPHER:· Okay.· This is the | | | ·4· ·start of Media No. 1 in the video deposition | | | ·5· ·of Margaret E. Conboy, in the matter of In | | | ·6· ·re:· Ho Wan Kwok, in the United States | | | ·7· ·Bankruptcy Court for the District of | | | ·8· ·Connecticut, Chapter 11 Case No. 22-50073 | | | ·9· ·(JAM.) | | | 10· · · · ·This deposition is taking place at | | | 11· ·multiple locations via video conference on | | | 12· ·February 21, 2023 at approximately | | | 13· ·10:13 a.m. Eastern Time. | | | 14· · · · ·Will counsel please introduce | | | 15· ·themselves for the record. | | | 16· · · · ·MR. LUFT:· Sure.· My name is Avi Luft | | | 17· ·of the law firm of Paul Hasting. I | | | 18· ·represent the Chapter 11 Trustee in the In | | | 19· ·re:· Ho Wan Kwok Chapter 11 bankruptcy | | | 20· ·pending before the Bankruptcy Court for the | | | 21· ·District Court of Connecticut. | | | 22· · · · ·MR. THOMASON:· My name is Michael | | | 23· ·Thomason, sitting to the left of the | | | 24· ·witness, from Whitman Breed Abbott & Morgan. | | | 25· ·Both of us are from Whitman Breed Abbott & | |

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 6 | |---------------------------------------------------------|--------| | ·2· · · · ·Morgan, and I'm here for Ms. Conboy. | | | ·3· · · · · · · ·VIDEOGRAPHER:· Okay.· Will the court | | | ·4· · · · ·reporter please swear in the witness. | | | ·5· ·M A R G A R E T· · E.· · C O N B O Y, having been | | | ·6· ·duly sworn by the Notary Public, testified as | | | ·7· ·follows: | | | ·8· · · · · · · ·THE WITNESS:· Thank you. | | | ·9· ·EXAMINATION | | | 10· · ·BY MR. LUFT: | | | 11· · · · ·Q.· · Good morning, Ms. Conboy.· How where | | | 12· ·you? | | | 13· · · · ·A.· · Good.· How are you? | | | 14· · · · ·Q.· · I'm good.· Thank you for taking time | | | 15· ·this morning.· I appreciate it. | | | 16· · · · ·A.· · Thank you. | | | 17· · · · ·Q.· · Ms. Conboy, as I said just a minute | | | 18· ·ago, my name is Avi Luft.· I'm an attorney at Paul | | | 19· ·Hastings, and I represent the Chapter 11 Trustee, | | | 20· ·Luc Despins, in the In re:· Ho Wan Kwok | | | 21· ·bankruptcy. | | | 22· · · · · · · ·Let me -- I just want to go over a few | | | 23· ·preliminaries, and I used the name "Ho Wan Kwok." | | | 24· ·He is an individual also known as "Miles Kwok" and | | | 25· ·"Miles Guo." | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 8 of

99

YVer1f

·5· · · · ·A.· · Miles Kwok.

·3· · · · ·A.· · I'm familiar with him.

·6· · · · ·Q.· · Okay.· If I refer to him as "Miles

·1· · · · · · · · · · MARGARET E. CONBOY

·2· · · · · · · ·Is he a person you're familiar with?

·4· · · · ·Q.· · And what name do you know him by?

·7· ·Kwok" or "Mr. Kwok" or the "debtor" throughout the

·8· ·deposition, can we have an understanding that we

·9· ·are referring to the same person?

10· · · · ·A.· · Right, yes.

11· · · · ·Q.· · Terrific.· Okay.

12· · · · · · · ·And, Ms. Conboy, my understanding is

13· ·you're appearing as the person most knowledgeable

14· ·on behalf of your law firm, Whitman Breed, today?

15· · · · ·A.· · Yes.· I was the closing attorney,

16· ·so...

17· · · · ·Q.· · Terrific.

18· · · · · · · ·Have you ever been deposed before,

19· ·Ms. Conboy?

20· · · · ·A.· · No.

21· · · · ·Q.· · Okay.· So despite you being a lawyer

22· ·and probably being more familiar with this than

23· ·most, let me just run through some preliminaries

24· ·just so we're all on the same page.

25· · · · · · · ·So basics are:· I'm going to ask you a

| 99 | |----| | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 8 | |-------------------------|---------------------------------------------------------|--------| | | ·2· ·question and then you'll answer it.· Is that okay? | | | ·3· · · · ·A.· · Yep. | | | | | ·4· · · · ·Q.· · I will try to make my question as | | | | ·5· ·clear as possible, but if for any reason my | | | | ·6· ·question is not clear to you, will you tell me? | | | ·7· · · · ·A.· · Yes. | | | | | ·8· · · · ·Q.· · Okay.· And if you don't clarify that | | | | ·9· ·the question is unclear, can we have an | | | | 10· ·understanding that you do understand my question? | | | 11· · · · ·A.· · Yes. | | | | | 12· · · · ·Q.· · Okay.· And you understand you're | | | | 13· ·testifying under oath today? | | | | 14· · · · ·A.· · Yes, I do. | | | | 15· · · · ·Q.· · Okay.· Is there any reason why you | | | | 16· ·can't provide truthful testimony today? | | | 17· · · · ·A.· · No. | | | | 18· · · · ·Q.· · Great. | | | | | 19· · · · · · · ·From time to time, your counsel may | | | | 20· ·object to a question I ask on the ground of the | | | | 21· ·form of it, and that is his right and that is | | | 22· ·fine. | | | | | 23· · · · · · · ·Once he has made his objection, you | | | | 24· ·should go ahead and answer my question, if you | | | 25· ·can.· Okay? | | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 10 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 9 | |------------------------|---------------------------------------------------------|--------| | ·2· · · · ·A.· · Okay. | | | | | ·3· · · · ·Q.· · If there is an issue of privilege or | | | | ·4· ·you are concerned about it, you should let me know | | | | ·5· ·and you can confer with your counsel. | | | ·6· · · · ·A.· · Okay. | | | | | ·7· · · · ·Q.· · If you need a break during the | | | | ·8· ·deposition -- I will take them periodically | | | | ·9· ·because this can take a while, but if for some | | | | 10· ·reason you feel like you need a break, will you | | | 11· ·let me know? | | | | 12· · · · ·A.· · Sure. | | | | | 13· · · · ·Q.· · I will then attempt to get a break as | | | | 14· ·soon as reasonably practicable given the | | | 15· ·questions.· Okay? | | | | 16· · · · ·A.· · Okay. | | | | | 17· · · · ·Q.· · The one thing I ask is that if a | | | | 18· ·question is pending, that we make sure we get an | | | | 19· ·answer to the question before we take a break.· Is | | | 20· ·that okay? | | | | | 21· · · · ·A.· · Yep, that's fine. | | | | 22· · · · ·Q.· · One other sort of housekeeping, even | | | | 23· ·though we are on Zoom and I can see you and the | | | | 24· ·court reporter can see you, the court reporter can | | | | 25· ·only take down audible answers. | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 11 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 10 | |---------------------------------------------------------|---------| | ·2· · · · · · · ·So shakes of the head or nods, despite | | | ·3· ·the fact that she can see it, she can't write down | | | ·4· ·yes or no based on a shake.· So I just ask that | | | ·5· ·all your answers be audible.· Okay? | | | ·6· · · · ·A.· · Right, yes. | | | ·7· · · · ·Q.· · Okay.· Are there any questions you | | | ·8· ·have before we get started with the questioning? | | | ·9· · · · ·A.· · I don't think so, no. | | | 10· · · · ·Q.· · Okay.· Terrific. | | | 11· · · · · · · ·Throughout the deposition, I am -- I | | | 12· ·am going to show you some documents.· I've spoken | | | 13· ·with your counsel about this a little.· We have | | | 14· ·tried our best based on the production to | | | 15· ·understand where a document starts and a document | | | 16· ·ends. | | | 17· · · · · · · ·If for some reason given your | | | 18· ·familiarity with the documents you look at | | | 19· ·something and you say, Hey, this isn't exactly | | | 20· ·right or there's an extra page on here or | | | 21· ·something, will you let me know? | | | 22· · · · ·A.· · Yes, yes. | | | 23· · · · ·Q.· · Okay.· Terrific. | | | 24· · · · · · · ·MR. THOMASON:· Avi, can we just | | | 25· · · · ·clarify something?· With respect to | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| ·1· · · · · · · MARGARET E. CONBOY | Page 11 | |---------------------------------------------------|---------| | ·2· ·privilege, it's our understanding that the | | | ·3· ·Trustee is the holder of the privilege here | | | ·4· ·and has waived that privilege.· Is that | | | ·5· ·correct? | | | ·6· · · · ·MR. LUFT:· The Trustee has not waived | | | ·7· ·it.· But the Trustee holds Mr. Kwok's | | | ·8· ·privilege. | | | ·9· · · · ·MR. THOMASON:· Okay. | | | 10· · · · ·MR. LUFT:· So just for clarity, any | | | 11· ·privilege that was just ever held by the | | | 12· ·debtor, unless there was some issue about | | | 13· ·his personal safety, which I can't imagine | | | 14· ·coming up in a real estate transaction, that | | | 15· ·privilege is now controlled by the debtor. | | | 16· · · · ·And the reason I draw that distinction | | | 17· ·as opposed to waived, live by the Trustee. | | | 18· ·Thank you. | | | 19· · · · ·My colleague Doug Barron is here. | | | 20· · · · ·The reason I make that distinction, | | | 21· ·meaning other people cannot invade that | | | 22· ·privilege, just as they could not before, | | | 23· ·but between Ms. Conboy and the Trustee at | | | 24· ·this point, that is the same privileged | | | 25· ·relationship where they could share | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 13 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 12 | |---------------------------------------------------------|---------| | ·2· · · · ·information as existed previously between | | | ·3· · · · ·Ms. Conboy or your firm and Mr. Kwok, their | | | ·4· · · · ·client. | | | ·5· · · · · · · ·MR. THOMASON:· All right.· Thank you. | | | ·6· · · · · · · ·MR. LUFT:· Okay. | | | ·7· · ·BY MR. LUFT: | | | ·8· · · · ·Q.· · Okay.· Ms. Conboy, prior to this | | | ·9· ·deposition, I sent your counsel a list of topics | | | 10· ·which we hope to cover today. | | | 11· · · · ·A.· · Okay. | | | 12· · · · ·Q.· · Did you prepare for this deposition to | | | 13· ·prepare for those -- to speak to those topics? | | | 14· · · · ·A.· · No. | | | 15· · · · ·Q.· · Okay.· Did you generally prepare to | | | 16· ·familiarize yourself with regard to the work you | | | 17· ·did to represent Mr. Kwok? | | | 18· · · · ·A.· · No. | | | 19· · · · ·Q.· · Okay.· What did you do to prepare for | | | 20· ·this deposition? | | | 21· · · · ·A.· · I just met with Mr. Thomason, and he | | | 22· ·told me how the depositions are done and just | | | 23· ·explained the process, and we met for maybe an | | | 24· ·hour just to -- going through the process. | | | 25· · · · ·Q.· · Okay.· All right.· Well, why don't we | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 14 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 13 | | |---------------------------------------------------------|---------|--| | ·2· ·get started with the questioning and see what you | | | | ·3· ·recall, and we can go back if there's some topic | | | | ·4· ·for which you weren't able to review. | | | | ·5· · · · · · · ·When -- when did you first hear of | | | | ·6· ·Mr. Kwok? | | | | ·7· · · · ·A.· · When -- I don't remember what year it | | | | ·8· ·was, but I received a call from a firm in New | | | | ·9· ·York, Hodgson Russ, and they asked me to be | | | | 10· ·Connecticut counsel for this family, you know, the | | | | 11· ·Golden Spring, Greenwich land, and to be -- to be | | | | 12· ·the Connecticut counsel for their real estate | | | | 13· ·purchases. | | | | 14· · · · ·Q.· · And do you recall who reached out to | | | | 15· ·you from Hodgson Russ? | | | | 16· · · · ·A.· · I think it was Bill, Elissa Brinn and | | | | 17· ·Valerie -- I don't remember Valerie's last name | | | | 18· ·now.· Valerie was a partner there, and I believe | | | | 19· ·it was both of them. | | | | 20· · · · ·Q.· · And what did they tell you about | | | | 21· ·Mr. Kwok? | | | | 22· · · · ·A.· · They just said that they represented | | | | 23· ·this -- this family and they were very interested | | | | 24· ·in buying property in Greenwich and a house in | | | | 25· ·Greenwich and, you know, that was -- it was -- you | | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 14 | | |---------------------------------------------------------|----------------------------------------------------------------------------------------------------------------|---------|--| | ·2· ·know, it was confidential.· They didn't want their | | | | | | | | | | | ·3· ·names out, which is not unusual.· I run into that<br>·4· ·all the time with clients where they don't want | | | | | | | | | | ·5· ·their names, and so they take property in their | | | | ·6· ·LLCs. | | | | | | ·7· · · · · · · ·And that was pretty much it. | | | | | ·8· · · · ·Q.· · And did -- were you told anything else | | | | | ·9· ·about Mr. Kwok? | | | | | 10· · · · ·A.· · Not that I remember, no. | | | | 11· · · · ·Q.· · Okay. | | | | | | 12· · · · · · · ·When you were told about the family, | | | | | 13· ·were you given any more details about who was in | | | | 14· ·the family? | | | | | 15· · · · ·A.· · No, no. | | | | | | 16· · · · ·Q.· · And was there a specific house that | | | | 17· ·they were already hoping to purchase or was this a | | | | | 18· ·general retainer to work on real estate matters on | | | | | 19· ·behalf of Mr. Kwok? | | | | | | 20· · · · ·A.· · They were already looking and I | | | | 21· ·believe making an offer -- maybe they had -- I | | | | | 22· ·can't remember -- they may have had a contract out | | | | | 23· ·for a property, I forget which property, Clapboard | | | | | 24· ·Ridge, one of them, and Elissa had been working on | | | | | 25· ·it and then they thought it was best to get | | | |

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 15 | | |---------------------------------------------------------|---------|--| | ·2· ·Connecticut counsel, and so I came in on that. | | | | ·3· · · · ·Q.· · And can you tell me a little bit about | | | | ·4· ·the scope of the engagement? | | | | ·5· · · · · · · ·Because my understanding is it wasn't | | | | ·6· ·just one property that you ended up working on but | | | | ·7· ·over time, there were multiple representations of | | | | ·8· ·Mr. Kwok. | | | | ·9· · · · ·A.· · Well, of the LLCs, I never spoke with | | | | 10· ·Mr. Kwok.· It was always his lawyer -- the family | | | | 11· ·lawyer who I spoke with. | | | | 12· · · · · · · ·And so he -- he did place offers on a | | | | 13· ·few properties and then they fell through for one | | | | 14· ·reason or another.· He didn't go through with them | | | | 15· ·or the family didn't go through with them. | | | | 16· · · · · · · ·The property that I eventually closed | | | | 17· ·on with him was on Ferncliff.· The others that I | | | | 18· ·represented him on never closed, and there were | | | | 19· ·maybe three or four of those. | | | | 20· · · · ·Q.· · You said you only spoke with the | | | | 21· ·family lawyer. | | | | 22· · · · · · · ·Do you recall the family lawyer's | | | | 23· ·name? | | | | 24· · · · ·A.· · Max Krasner. | | | | 25· · · · ·Q.· · Did Mr. Krasner represent to you that | | | | | | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 17 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | | Page 16 | | |---------------------------------------------------------|---------------------------------------------------------|---------|--| | ·2· ·he was an attorney? | | | | | ·3· · · · ·A.· · Yes. | | | | | | ·4· · · · ·Q.· · Did you ever speak to a woman named | | | | | ·5· ·Yvette Wang? | | | | | ·6· · · · ·A.· · I don't remember.· I don't remember | | | | ·7· ·that name. | | | | | | ·8· · · · ·Q.· · Did you understand that Mr. Krasner | | | | ·9· ·was working on behalf of Mr. Kwok? | | | | | | 10· · · · ·A.· · Yes, and the family. | | | | | 11· · · · ·Q.· · And when you say the "family," did you | | | | 12· ·ever speak to anyone else in the family other | | | | | 13· ·than -- at all? | | | | | 14· · · · ·A.· · No, no. | | | | | | 15· · · · ·Q.· · Did Mr. Krasner ever tell you he was | | | | 16· ·taking directions from anyone other than Mr. Kwok? | | | | | | 17· · · · ·A.· · No, he never told me who he was taking | | | | 18· ·directions from. | | | | | | 19· · · · ·Q.· · I've seen in the documents, your | | | | 20· ·e-mails, multiple references to the "Chinese | | | | | 21· ·billionaire." | | | | | | 22· · · · · · · ·Is Mr. Kwok the Chinese billionaire? | | | | | 23· · · · ·A.· · I just got that from when I did a | | | | 24· ·Google search.· So I don't really know, that just | | | | | | 25· ·if you Google his name, that's what comes up.· So | | | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 17 | |--------------------------|---------------------------------------------------------|---------| | ·2· ·I -- | | | | | ·3· · · · ·Q.· · My question was -- sorry. | | | | ·4· · · · · · · ·My question is not whether Mr. Kwok is | | | | ·5· ·it a Chinese billionaire, but when you wrote -- | | | | ·6· ·referenced the "Chinese billionaire," were you | | | | ·7· ·referring to Mr. Kwok? | | | | ·8· · · · ·A.· · Yes, only because of the Google | | | ·9· ·searches. | | | | | 10· · · · ·Q.· · Right.· Okay. | | | | 11· · · · · · · ·Did any of your colleagues work with | | | | 12· ·you on this matter? | | | | 13· · · · ·A.· · I don't -- maybe an associate helped, | | | | 14· ·but that's all I remember as being -- and my | | | | 15· ·paralegal, obviously. | | | | 16· · · · ·Q.· · When you spoke to Mr. Krasner on | | | | 17· ·behalf of Mr. Kwok, did you do so via e-mail? | | | | 18· · · · · · · ·MR. THOMASON:· Objection to form. | | | | 19· · · · · · · ·You can answer. | | | | 20· · · · ·A.· · Both e-mail and phone call. | | | | 21· · · · ·Q.· · Okay.· How many times would you say | | | | 22· ·you spoke with Mr. Krasner? | | | | 23· · · · · · · ·MR. THOMASON:· On e-mail or phone? | | | 24· · · · ·Q.· · Either. | | | | | 25· · · · ·A.· · You know, when we were working on a | | | | | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 18 | |-----------------------|---------------------------------------------------------|---------| | | ·2· ·transaction, maybe a couple of times a day. | | | | ·3· · · · ·Q.· · Did you ever go visit any of the | | | | ·4· ·properties that Mr. Kwok was considering | | | ·5· ·purchasing? | | | | ·6· · · · ·A.· · No. | | | | | ·7· · · · ·Q.· · Do you know which brokers Mr. Kwok was | | | | ·8· ·working with for the properties he was looking at? | | | | ·9· · · · ·A.· · I can't remember.· I remember the last | | | | 10· ·one, but I don't remember all the -- the other | | | | 11· ·brokers that he was working with. | | | | 12· · · · ·Q.· · Who was the last one? | | | | 13· · · · ·A.· · Martha Jeffreys. | | | | 14· · · · ·Q.· · Would it have been the brokers who | | | | 15· ·took Mr. Kwok around to see the properties? | | | 16· · · · ·A.· · Yes. | | | | | 17· · · · ·Q.· · Okay.· Have you ever spoken with | | | 18· ·Mr. Kwok's son? | | | | 19· · · · ·A.· · No. | | | | | 20· · · · ·Q.· · Did you ever -- how about his wife? | | | 21· · · · ·A.· · No. | | | | | 22· · · · ·Q.· · Or his daughter? | | | 23· · · · ·A.· · No. | | | | | 24· · · · ·Q.· · Okay.· Did you ever speak with anyone | | | | 25· ·representing the family who told you that the | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 20 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 19 | | |---------------------------------------------------------|---------|--| | ·2· ·instructions were coming from either the son, the | | | | ·3· ·wife, or the daughter? | | | | ·4· · · · ·A.· · No. | | | | ·5· · · · ·Q.· · When you were -- | | | | ·6· · · · · · · ·MR. LUFT:· I want to mark as Whitman | | | | ·7· · · · ·Breed Deposition Exhibit 1, the document at | | | | ·8· · · · ·Tab 1 in your binder.· It bears the Bates | | | | ·9· · · · ·stamp WBAM_001464 through 65. | | | | 10· · · · · · · ·(Whitman Breed Exhibit 1, letter dated | | | | 11· · · · ·October 1, 2018, Bates stamped WBAM_001464 | | | | 12· · · · ·through 465, was marked for identification | | | | 13· · · · ·at this time.) | | | | 14· · · · ·A.· · Yep. | | | | 15· · · · ·Q.· · When you have a second, just take a | | | | 16· ·look and tell me when you're ready. | | | | 17· · · · ·A.· · Okay. | | | | 18· · · · ·Q.· · What is this document? | | | | 19· · · · ·A.· · That's our engagement letter.· That | | | | 20· ·was the first engagement letter.· And we had taken | | | | 21· ·it out through Hodgson Russ. | | | | 22· · · · ·Q.· · So in this letter, the client is | | | | 23· ·Hodgson Russ on behalf of -- let me just make it | | | | 24· ·simple:· Is Hodgson Russ the technical client | | | | 25· ·here? | | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 20 | |------------------------|--------------------------------------------------------|---------| | ·2· · · · ·A.· · Yes. | | | | | ·3· · · · ·Q.· · Okay.· And the purchase is to be made | | | | ·4· ·by an entity called "Hudson Diamond"? | | | | ·5· · · · ·A.· · I believe so -- oh, yes, it says -- | | | | ·6· ·yep, it says:· "Hudson Diamond." | | | | ·7· · · · ·Q.· · But this -- and this is the same | | | | ·8· ·engagement where you were being told you were | | | | ·9· ·representing the interest of Mr. Kwok and his | | | 10· ·family, correct? | | | | | 11· · · · · · · ·This is the 110 Clapboard Road -- | | | | 12· ·Clapboard Ridge? | | | 13· · · · ·A.· · Yes. | | | | | 14· · · · · · · ·MR. LUFT:· Okay.· You could just put | | | 15· · · · ·that aside. | | | | | 16· · · · ·Q.· · Let me ask you a few other people. | | | | 17· ·Did you ever speak to a man named Daniel | | | 18· ·Podhaskie? | | | | 19· · · · ·A.· · No. | | | | | 20· · · · ·Q.· · How about a woman named Melissa | | | 21· ·Francis? | | | | 22· · · · ·A.· · No. | | | | | 23· · · · ·Q.· · Aaron Mitchell? | | | 24· · · · ·A.· · No. | | | | | 25· · · · ·Q.· · Okay.· Terrific. | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 22 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 21 | |---------------------------------------------------------|---------| | ·2· · · · · · · ·All right.· Could we turn to -- I ask | | | ·3· ·you to turn to Tab 3, which is an e-mail from | | | ·4· ·October 3, 2019 from yourself to Kevin Walsh, | | | ·5· ·Bates stamped WBAM_10076. | | | ·6· · · · · · · ·Let me know when you have it. | | | ·7· · · · · · · ·MR. THOMASON:· Are you marking this as | | | ·8· · · · ·Exhibit 2? | | | ·9· · · · · · · ·MR. LUFT:· Yes, please, Whitman Breed | | | 10· · · · ·Exhibit 2. | | | 11· · · · · · · ·(Whitman Breed Exhibit 2, e-mail dated | | | 12· · · · ·October 3, 2019, Bates stamped WBAM_10076, | | | 13· · · · ·was marked for identification at this time.) | | | 14· · · · ·A.· · Okay. | | | 15· · · · ·Q.· · Okay.· It starts off -- this is an | | | 16· ·e-mail from you to Kevin Walsh, correct? | | | 17· · · · ·A.· · Right. | | | 18· · · · ·Q.· · You start off:· "Kevin, my client, the | | | 19· ·Chinese billionaire." | | | 20· · · · · · · ·Is that a reference to your client | | | 21· ·being Mr. Kwok? | | | 22· · · · ·A.· · Yeah.· I mean, I should have -- it -- | | | 23· ·yes.· I should have -- | | | 24· · · · ·Q.· · And then you go on.· You say (as | | | 25· ·read):· The seller accepted his offer of | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 22 | |--------------------------|----------------------------------------------------------|---------| | | ·2· ·\$35 million.· And then, furthermore, he is meeting | | | | ·3· ·with architects.· He has an idea of what is | | | | ·4· ·involved in building on the parcel. | | | | ·5· · · · · · · ·The "he" and the "his" there are | | | | ·6· ·Mr. Kwok, correct? | | | ·7· · · · ·A.· · Yes. | | | | | ·8· · · · ·Q.· · Did Mr. Kwok ever tell you what the | | | | ·9· ·source of the \$35 million he was using to offer | | | | 10· ·for 602 Indian Field was? | | | | 11· · · · ·A.· · No.· This was all through Max. I | | | | 12· ·never spoke with Mr. Kwok.· It was all through | | | 13· ·Max. | | | | | 14· · · · ·Q.· · Did Mr. Krasner -- and I assume when | | | | 15· ·you say "Max," you're referring to Max Krasner? | | | | 16· · · · ·A.· · Right, Mr. Krasner. | | | | 17· · · · ·Q.· · That's fine. | | | | 18· · · · · · · ·Did Mr. Krasner ever tell you what the | | | | 19· ·source of the \$35 million was for this offer? | | | 20· · · · ·A.· · No, no. | | | | | 21· · · · ·Q.· · Did he ever -- was he ever required to | | | | 22· ·provide any, for lack of a better term, | | | | 23· ·substantiation or basis to the seller to show that | | | | 24· ·he had the wherewithal to make a \$35 million | | | 25· ·offer? | | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 24 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 23 | |---------------------------------------------------------|---------| | ·2· · · · ·A.· · I don't know.· I don't know. | | | ·3· · · · ·Q.· · Okay.· Is that something that would be | | | ·4· ·more for the broker than -- | | | ·5· · · · ·A.· · Yes. | | | ·6· · · · ·Q.· · -- your part of the process? | | | ·7· · · · ·A.· · Right, yes. | | | ·8· · · · ·Q.· · Okay.· But this never went to | | | ·9· ·contract, correct? | | | 10· · · · ·A.· · Correct. | | | 11· · · · ·Q.· · Okay.· Okay.· Terrific. | | | 12· · · · · · · ·MR. LUFT:· I want to ask you to look | | | 13· · · · ·at Tab 2.· I'm going to mark as Whitman | | | 14· · · · ·Breed Exhibit 3, it is a document Bates | | | 15· · · · ·stamped WBAM_000035 through 36, and it | | | 16· · · · ·appears to me to be an August 16, 2019 | | | 17· · · · ·retention letter between Whitman Breed | | | 18· · · · ·signed by yourself and then by Max Krasner | | | 19· · · · ·on behalf of Golden Spring. | | | 20· · · · · · · ·(Whitman Breed Exhibit 3, letter dated | | | 21· · · · ·August 16, 2019, Bates stamped WBAM_000035 | | | 22· · · · ·through 36, was marked for identification at | | | 23· · · · ·this time.) | | | 24· · ·BY MR. LUFT: | | | 25· · · · ·Q.· · Does that appear right to you? | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 25 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 24 | |---------------------------------------------------------|---------| | ·2· · · · ·A.· · That's right. | | | ·3· · · · ·Q.· · Okay.· And this is in connection with | | | ·4· ·the purchase of a property at 33 Ferncliff Road? | | | ·5· · · · ·A.· · That's right. | | | ·6· · · · ·Q.· · And here, you understood Mr. Krasner | | | ·7· ·to again be making this engagement on behalf of | | | ·8· ·Mr. Kwok, correct? | | | ·9· · · · ·A.· · Well, the family. | | | 10· · · · ·Q.· · When you say the "family," just so I | | | 11· ·understand, what is the distinction you're drawing | | | 12· ·given that -- well, let me strike that. | | | 13· · · · · · · ·My understanding is that you | | | 14· ·understood instructions to be coming from | | | 15· ·Mr. Kwok, that he's giving directions. | | | 16· · · · · · · ·There's no one else in the family you | | | 17· ·ever spoke with or received directions on behalf | | | 18· ·of, correct? | | | 19· · · · ·A.· · I never spoke with Mr. Kwok.· I never | | | 20· ·spoke with anyone else.· No, I only spoke with Max | | | 21· ·Krasner, and he would say that -- his words were | | | 22· ·the family. | | | 23· · · · ·Q.· · But when you wrote about, when we | | | 24· ·looked at Exhibit 2, the Chinese billionaire and | | | 25· ·his offer and he is meeting with architects, the | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 26 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 25 | |-----------------------------------|---------------------------------------------------------|---------| | | ·2· ·"he" there is Mr. Kwok, you understood, correct? | | | | ·3· · · · ·A.· · Right, that's what I understood. | | | | ·4· · · · ·Q.· · And you have no knowledge of anyone | | | | ·5· ·else in the family ever meeting with architects or | | | | ·6· ·engineers on behalf of these houses, correct? | | | | ·7· · · · ·A.· · No, I don't know.· I don't know. I | | | ·8· ·have no idea. | | | | | ·9· · · · ·Q.· · And no one else from the family ever | | | | 10· ·submitting an offer for the house other than | | | | 11· ·Mr. Kwok, correct? | | | | 12· · · · ·A.· · I don't know.· I don't know. | | | 13· · · · ·Q.· · Okay. | | | | | 14· · · · · · · ·Who paid -- in connection with the | | | | 15· ·work you did for 110 Clap Ridge Road, who paid | | | 16· ·Whitman Breed's legal bills? | | | | | 17· · · · ·A.· · I don't know. | | | | 18· · · · ·Q.· · How about with regard to 33 Ferncliff? | | | | 19· · · · ·A.· · I don't know.· I don't know. | | | | 20· · · · · · · ·MR. LUFT:· Okay.· You can put that to | | | | 21· · · · ·the side for now. | | | | 22· · · · · · · ·I'm going to ask you to look at Tab 9. | | | | 23· · · · ·I'm going to mark as Exhibit 4, a document | | | | 24· · · · ·Bates stamped WBAM_002235 through 37. | | | | 25· · · · · · · ·(Whitman Breed Exhibit 4, e-mail | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 26 | | |------------------------------------------------------|---------------------------------------------------------|---------|--| | | ·2· · · · ·chain, Bates stamped WBAM_002235 through | | | | | ·3· · · · ·237, was marked for identification at this | | | | | ·4· · · · ·time.) | | | | ·5· · ·BY MR. LUFT: | | | | | | ·6· · · · ·Q.· · Do you have that in front of you? | | | | ·7· · · · ·A.· · I do. | | | | | | ·8· · · · ·Q.· · So this is an e-mail chain between | | | | | ·9· ·yourself, Valerie Stevens, Yvette Wang, and Elissa | | | | 10· ·Brinn. | | | | | | 11· · · · · · · ·Who is Valerie Stevens? | | | | | 12· · · · ·A.· · She was a partner at Hodgson Russ. | | | | | 13· · · · ·Q.· · And Ms. Brinn? | | | | | 14· · · · ·A.· · And Ms. Brinn was also an attorney at | | | | 15· ·Hodgson Russ. | | | | | | 16· · · · ·Q.· · And then Yvette Wang? | | | | | 17· · · · ·A.· · I don't remember her.· I really don't | | | | 18· ·remember her. | | | | | | 19· · · · ·Q.· · Do you see in the middle of page | | | | | 20· ·ending 236, October 11, 2018, 12:35, she writes an | | | | 21· ·e-mail to yourself and Elissa saying (as read): | | | | | | 22· ·Please still keep doing nothing as I advised | | | | | 23· ·before.· I already had advised Kathy to withdraw | | | | | 24· ·the offer on Monday.· The buyer didn't give any | | | | | 25· ·instructions to reopen yet.· Thank you, Yvette. | | | | | | | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 28 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 27 | |---------------------------------------|---------------------------------------------------------|---------| | | ·2· · · · · · · ·Do you see that? | | | ·3· · · · ·A.· · Yep. | | | | | ·4· · · · ·Q.· · The buyer -- the buyer there is | | | | ·5· ·Mr. Kwok, correct? | | | | ·6· · · · ·A.· · I don't know -- I mean, I don't know. | | | | ·7· · · · ·Q.· · Who did you understand that -- | | | | ·8· · · · ·A.· · Like I said, it was the company that | | | | ·9· ·was either Golden Spring or Greenwich Land, and | | | | 10· ·that's who was buying it.· I'm not sure -- I'm not | | | | 11· ·sure of that, who Yvette Wang -- I just don't | | | 12· ·remember. | | | | | 13· · · · ·Q.· · You don't remember what her role was? | | | 14· · · · ·A.· · Right. | | | | | 15· · · · ·Q.· · You understood Mr. Kwok to be a client | | | | 16· ·of the firm though, correct? | | | | 17· · · · ·A.· · No.· I understood the companies to be | | | | 18· ·a client of the firm. | | | | 19· · · · ·Q.· · You had a conversation with | | | | 20· ·Mr. Despins at one point with regard to issues | | | 21· ·regarding conflicts of interest? | | | | 22· · · · ·A.· · Yes. | | | | | 23· · · · ·Q.· · And in that, you told him that one of | | | | 24· ·the issues was that Mr. Kwok was a client of the | | | 25· ·firm? | | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 28 | |------------------------|---------------------------------------------------------|---------| | | ·2· · · · ·A.· · Well, I must have misspoke, and I | | | | ·3· ·don't remember, but I just don't really remember | | | ·4· ·that. | | | | | ·5· · · · ·Q.· · Okay.· Who did you understand to | | | | ·6· ·control Golden Spring? | | | | ·7· · · · ·A.· · Like I said, I spoke with Max Krasner. | | | | ·8· ·That was my contact.· I don't know.· I don't know | | | | ·9· ·who controlled Golden Spring. | | | | 10· · · · ·Q.· · Did Mr. Krasner ever tell you he has | | | | 11· ·no legal license? | | | 12· · · · ·A.· · No. | | | | 13· · · · ·Q.· · Okay. | | | | | 14· · · · · · · ·When Ms. Wang referred to the "buyer," | | | | 15· ·you did not understand her to be referring to | | | | 16· ·herself, correct? | | | | 17· · · · ·A.· · I don't know.· I really don't know. I | | | | 18· ·didn't know -- I don't remember her. | | | 19· · · · ·Q.· · Okay. | | | | | 20· · · · · · · ·MR. LUFT:· Let's take a look at -- | | | | 21· · · · · · · ·VIDEOGRAPHER:· Is it possible to turn | | | | 22· · · · ·the camera a little bit more towards the | | | | 23· · · · ·witness again, please, Counsel? | | | | 24· · · · · · · ·Thank you. | | | | 25· · · · · · · ·MR. LUFT:· Okay.· Let's take a look at | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 30 of 99

| | Page 29 | |---------------------------------------------------------|---------| | ·1· · · · · · · · · · MARGARET E. CONBOY | | | ·2· · · · ·Tab 13.· We're going to mark as Whitman | | | ·3· · · · ·Breed Exhibit 5, I believe, a document Bates | | | ·4· · · · ·stamped WBAM_001048 through 54.· This is an | | | ·5· · · · ·e-mail chain at the top starting with an | | | ·6· · · · ·e-mail from Ms. Yvette Wang to Elissa Brinn, | | | ·7· · · · ·Ms. Conboy, and Valerie Stevens regarding | | | ·8· · · · ·110 Clipboard agreement with Brown Harris | | | ·9· · · · ·Stevens. | | | 10· · · · · · · ·(Whitman Breed Exhibit 5, e-mail | | | 11· · · · ·chain, Bates stamped WBAM_001048 through 54, | | | 12· · · · ·was marked for identification at this time.) | | | 13· · ·BY MR. LUFT: | | | 14· · · · ·Q.· · Do you see that top e-mail? | | | 15· · · · ·A.· · Yep. | | | 16· · · · ·Q.· · Did you see Ms. Wang again writes (as | | | 17· ·read):· The inventory content list of this | | | 18· ·property should be exactly the same as original, | | | 19· ·the first time Kathy showed this house to the | | | 20· ·buyer. | | | 21· · · · · · · ·Did you understand Kathy showed the | | | 22· ·house to an actual person, being the buyer? | | | 23· · · · ·A.· · Yes, showed the house to the buyer. | | | 24· · · · ·Q.· · Right.· And since Ms. Wang is | | | 25· ·referring to it, that she's not referring to | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 31 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 30 | | |-------------------------------------------------------|---------|--| | ·2· ·herself, she's referring to the buyer as another | | | | ·3· ·person? | | | | ·4· · · · ·A.· · Yes. | | | | ·5· · · · ·Q.· · Does this help refresh your | | | | ·6· ·recollection as to -- with regard to Ms. Wang? | | | | ·7· · · · ·A.· · No. | | | | ·8· · · · ·Q.· · All right.· Okay.· Let's look at | | | | ·9· ·another -- what I believe is another property. | | | | 10· · · · · · · ·Do you recall doing work with regard | | | | 11· ·to 140 Wallacks Drive in January 2019? | | | | 12· · · · ·A.· · Yes. | | | | 13· · · · · · · ·MR. LUFT:· I'm going to show you a | | | | 14· · · · ·document Bates stamped -- I'd like to mark | | | | 15· · · · ·as Exhibit 6, a document Bates stamped | | | | 16· · · · ·WBAM_002663 through 72. | | | | 17· · · · · · · ·MR. THOMASON:· Tab number? | | | | 18· · · · · · · ·MR. LUFT:· What's that? | | | | 19· · · · · · · ·MR. THOMASON:· Which tab number? | | | | 20· · · · · · · ·MR. LUFT:· It's Tab 14. | | | | 21· · · · · · · ·(Whitman Breed Exhibit 6, e-mail | | | | 22· · · · ·chain, Bates stamped WBAM_002663 through | | | | 23· · · · ·672, was marked for identification at this | | | | 24· · · · ·time.) | | | | 25· · ·BY MR. LUFT: | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 31 | |---------------------------------------------------------|--------------------------------------------------------|---------| | | ·2· · · · ·Q.· · Am I correct that this is an e-mail | | | | ·3· ·chain between yourself and Robert Mowbray from | | | ·4· ·January 22, 2019? | | | | ·5· · · · ·A.· · Yes. | | | | | ·6· · · · ·Q.· · And the property he references is | | | ·7· ·140 Wallacks Drive, Caritas Island, Stamford? | | | | ·8· · · · ·A.· · Right. | | | | | ·9· · · · ·Q.· · Do you see your e-mail, you write: | | | | 10· ·"Hi, Bob.· I would like you to do the searches | | | 11· ·because this is a high-end property on the water - | | | | 12· ·the Chinese billionaire has an accepted offer! | | | | 13· ·Thanks." | | | | | 14· · · · · · · ·Do you see that? | | | 15· · · · ·A.· · Yes. | | | | | 16· · · · ·Q.· · The Chinese billionaire being | | | 17· ·referenced is Mr. Kwok, correct? | | | | 18· · · · ·A.· · Right. | | | | | 19· · · · ·Q.· · And that's who you were saying had an | | | 20· ·accepted offer on the property? | | | | | 21· · · · ·A.· · But actually, the offer was in the | | | | 22· ·name of Golden or either Golden Spring or | | | | 23· ·Greenwich Land.· I don't remember which one they | | | 24· ·put -- the offer was put in. | | | | | 25· · · · ·Q.· · Whichever entity legally they put the | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 33 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 32 | |--------------------------------------------------|---------------------------------------------------------|---------| | | ·2· ·name in, what you understood was that Mr. Kwok had | | | ·3· ·an accepted offer, correct? | | | | | ·4· · · · ·A.· · From the e-mail, that's what I -- yep, | | | ·5· ·correct. | | | | | ·6· · · · ·Q.· · And you were being -- okay.· So at the | | | | ·7· ·time, that's what you were telling Mr. Mowbray, | | | ·8· ·was that Mr. Kwok has an accepted offer? | | | | ·9· · · · ·A.· · Right. | | | | | 10· · · · ·Q.· · Prior to working with Mr. Kwok, did | | | 11· ·you have to sign any type of NDA agreement? | | | | | 12· · · · ·A.· · I don't remember.· I may have. I | | | 13· ·don't remember. | | | | | 14· · · · ·Q.· · At any point does Mr. Kwok or one of | | | | 15· ·his associate entities had you sign an NDA | | | 16· ·agreement? | | | | | 17· · · · ·A.· · I don't remember. | | | | 18· · · · ·Q.· · Is the reason you refer to Mr. Kwok as | | | | 19· ·the "Chinese billionaire" because you were trying | | | 20· ·to avoid using his name in communications? | | | | | 21· · · · ·A.· · Right, correct. | | | | 22· · · · ·Q.· · When you wrote the "Chinese | | | | 23· ·billionaire" here, Mr. Kwok was the person you | | | 24· ·were referring to? | | | | 25· · · · ·A.· · Yes. | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 33 | |-------------------------------------------------------|---------------------------------------------------------|---------| | ·2· · · · ·Q.· · Okay. | | | | | ·3· · · · · · · ·Let me see.· Do you know a man named | | | ·4· ·Emile deNeree? | | | | ·5· · · · ·A.· · No. | | | | | ·6· · · · ·Q.· · From Caldwell Banker maybe? | | | | ·7· · · · ·A.· · I don't remember. | | | | ·8· · · · · · · ·MR. LUFT:· I'm going to ask to mark as | | | ·9· · · · ·Exhibit -- what are we up to, 7? -- a | | | | | 10· · · · ·document behind Tab 18, Bates stamped | | | 11· · · · ·WBAM_002803 through 08. | | | | | 12· · · · · · · ·(Whitman Breed Exhibit 7, e-mail | | | 13· · · · ·chain, Bates stamped WBAM_002803 through | | | | 14· · · · ·808, was marked for identification at this | | | | 15· · · · ·time.) | | | | 16· · ·BY MR. LUFT: | | | | | 17· · · · ·Q.· · Ms. Conboy, do you recognize this | | | 18· ·document? | | | | | 19· · · · ·A.· · No, I don't remember it. | | | | 20· · · · ·Q.· · Can you review it and see if it | | | 21· ·refreshes your recollection that this was an | | | | 22· ·e-mail also about 140 Walkins Drive? | | | | | 23· · · · ·A.· · I don't remember the e-mail.· I mean, | | | 24· ·I just don't remember -- I get thousands of | | | | 25· ·e-mails, though. | | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 34 | |------------------------------------------------------|---------------------------------------------------------|---------| | | ·2· · · · ·Q.· · Understood. | | | | ·3· · · · · · · ·Do you see at the top, Ms. Brinn | | | | ·4· ·writes to you, Mr. deNeree and yourself, and she | | | ·5· ·makes a reference as:· "Margaret - looks like a | | | | ·6· ·septic update is needed as well"? | | | | ·7· · · · ·A.· · Yep. | | | | | ·8· · · · ·Q.· · Are you the "Margaret" there? | | | | ·9· · · · ·A.· · Yep, yes. | | | | 10· · · · ·Q.· · And so this chain would have been sent | | | 11· ·to you, correct? | | | | 12· · · · ·A.· · Yes. | | | | | 13· · · · ·Q.· · Okay.· And in this chain, you see that | | | 14· ·they're talking about various inspections and | | | | 15· ·diligence that needs to be done? | | | | 16· · · · ·A.· · Yes. | | | | | 17· · · · ·Q.· · If I ask you to turn to page 2806, do | | | 18· ·you see that there's a January 25th e-mail from | | | | | 19· ·Mr. deNeree or a Barbara Vogt at Sothebys Homes, | | | 20· ·so this is between the two brokers, included in | | | | 21· ·the diligence sent to you. | | | | | 22· · · · · · · ·It says that my client is prepared to | | | | 23· ·close by February 8.· We have requested a one-week | | | 24· ·grace period in case they cannot complete due | | | | 25· ·diligence in times.· It goes on and then says: | | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 35 | |--------------------------------------------------------|---------------------------------------------------------|---------| | | ·2· ·"Could you please ask your clients to agree to | | | | ·3· ·these terms because Miles is ready to sign the | | | ·4· ·contract this afternoon as long as his attorney | | | | ·5· ·receives the acceptable terms for due diligence." | | | | ·6· · · · · · · ·Do you see that? | | | | | ·7· · · · ·A.· · Yep, yes, I do. | | | | ·8· · · · ·Q.· · And do you recall if you ever received | | | ·9· ·those due diligence terms? | | | | | 10· · · · ·A.· · I don't remember. | | | | 11· · · · ·Q.· · And the "Miles" here is a reference to | | | 12· ·Mr. Kwok, correct? | | | | | 13· · · · ·A.· · I didn't write the e-mail, so somebody | | | 14· ·else wrote it. | | | | | 15· · · · ·Q.· · I understand, someone else wrote it, | | | 16· ·but you read it. | | | | | 17· · · · · · · ·Did you understand the "Miles" | | | 18· ·involved in this transaction to be Mr. Kwok? | | | | | 19· · · · · · · ·MR. THOMASON:· Objection to form. | | | | 20· · · · · · · ·You can answer. | | | 21· · · · ·A.· · Yes. | | | | 22· · · · ·Q.· · Okay. | | | | | 23· · · · · · · ·MR. LUFT:· You can put that aside. | | | | 24· · · · ·Q.· · Did Mr. Kwok ever become interested in | | | 25· ·potentially purchasing a property at 32 Chateau | | |

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 36 | |---------------------------------------------------------|---------| | ·2· ·Ridge? | | | ·3· · · · ·A.· · Yes. | | | ·4· · · · ·Q.· · What do you recall about that property | | | ·5· ·and that attempted purchase? | | | ·6· · · · ·A.· · I recall that he put in an offer.· The | | | ·7· ·offer was accepted.· We did our normal due | | | ·8· ·diligence, and he -- he never signed a contract. | | | ·9· ·We were working on a contract and he never signed | | | 10· ·the contract -- well, not he but the LLC never | | | 11· ·signed the contract and so nothing came -- it was | | | 12· ·never purchased. | | | 13· · · · · · · ·MR. LUFT:· I'm going to ask you -- I'm | | | 14· · · · ·going to mark as -- to be asked as Whitman | | | 15· · · · ·Breed Exhibit 8, a document behind Tab 6, | | | 16· · · · ·WBAM_002172 through 2173, which appears to | | | 17· · · · ·be an October 1, 2018 e-mail chain between | | | 18· · · · ·Muffin Dowdle, Elissa Brinn, yourself, and | | | 19· · · · ·Kathy Sloane. | | | 20· · · · · · · ·(Whitman Breed Exhibit 8, e-mail | | | 21· · · · ·chain, Bates stamped WBAM_002172 through | | | 22· · · · ·173, was marked for identification at this | | | 23· · · · ·time.) | | | 24· · ·BY MR. LUFT: | | | 25· · · · ·Q.· · Do you see that? | | | | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 37 | |---------------------------------------------------------|---------------------------------------------------------|---------| | ·2· · · · ·A.· · Yep. | | | | | ·3· · · · ·Q.· · Do you see you are on all these | | | ·4· ·e-mails? | | | | ·5· · · · ·A.· · Yes. | | | | | ·6· · · · ·Q.· · And this is in connection -- sorry. | | | | ·7· · · · · · · ·This was in connection with | | | ·8· ·110 Clapboard Ridge? | | | | | ·9· · · · ·A.· · That's what it says on the top. | | | | 10· · · · ·Q.· · Yeah.· Let me see. | | | | 11· · · · · · · ·But then if we go to the middle | | | 12· ·e-mail, Ms. Sloane says (as read):· With regard to | | | | 13· ·Chataeu Ridge, the contract is being sent out this | | | | 14· ·morning at the original offering prices.· The | | | | 15· ·furniture is being removed from the house today. | | | | 16· ·The house will be staged.· I suggest that Miles | | | | 17· ·see the house again after the staging is complete. | | | | | 18· · · · · · · ·Do you see that? | | | | 19· · · · · · · ·MR. THOMASON:· Objection. | | | | 20· · · · ·A.· · Yes, I see that. | | | | 21· · · · ·Q.· · Okay.· So while there's a reference to | | | 22· ·Clapboard Ridge, what is -- there is also -- these | | | | 23· ·e-mails are also discussing the Chateau Ridge | | | | 24· ·property, correct? | | | | | 25· · · · ·A.· · Correct. | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 39 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 38 | |---------------------------------------------------------|---------------------------------------------------------|---------| | | ·2· · · · ·Q.· · And those are two distinct properties? | | | ·3· · · · ·A.· · Yes. | | | | | ·4· · · · ·Q.· · And do you recall Ms. Sloane being a | | | ·5· ·broker at Brown Harris Stevens? | | | | ·6· · · · ·A.· · Yes. | | | | | ·7· · · · ·Q.· · And she is writing to you and | | | ·8· ·Ms. Dowdle and Ms. Brinn suggesting that Miles see | | | | ·9· ·the house again after the staging is complete, | | | | 10· ·correct? | | | | | 11· · · · ·A.· · That's what she writes in the e-mail. | | | | 12· · · · ·Q.· · And the "Miles" being referred to | | | 13· ·there is Mr. Kwok, correct? | | | | | 14· · · · ·A.· · I think -- I mean, I didn't write the | | | | 15· ·e-mail, again, but that's who I think it would be. | | | | 16· · · · ·Q.· · Are you aware of any other Miles who | | | 17· ·was involved in connection with the Chateau Ridge | | | | 18· ·property? | | | | 19· · · · ·A.· · No. | | | | | 20· · · · ·Q.· · So it's fair to say when you read | | | | 21· ·that, you understood "Miles" to be Mr. Kwok, | | | 22· ·correct? | | | | | 23· · · · ·A.· · Correct. | | | | 24· · · · ·Q.· · You have to answer audibly. | | | | 25· · · · · · · ·And she writes (as read):· Let Miles | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 39 | | |---------------------------------------------------------|---------|--| | ·2· ·see the house again after the staging is complete. | | | | ·3· · · · · · · ·Did that suggest to you that Mr. Kwok | | | | ·4· ·had already seen the house once before this? | | | | ·5· · · · ·A.· · I don't know.· I wasn't -- I'm not | | | | ·6· ·involved in that part of the transaction.· I have | | | | ·7· ·no idea. | | | | ·8· · · · ·Q.· · But when you read the e-mail that you | | | | ·9· ·were copied on that said, "I suggest that Miles | | | | 10· ·see the house again after the staging is | | | | 11· ·complete," that would -- did that suggest to you | | | | 12· ·that Mr. Kwok had already seen the house once | | | | 13· ·before? | | | | 14· · · · ·A.· · I don't know.· I wasn't involved in | | | | 15· ·that.· I don't go around with them to the brokers | | | | 16· ·to see the house.· I don't know when he saw, if he | | | | 17· ·saw, I don't know. | | | | 18· · · · ·Q.· · I'm just asking what you understood | | | | 19· ·when you read that e-mail. | | | | 20· · · · ·A.· · I mean, from her e-mail, it sounds | | | | 21· ·like he must have, but I have no idea. | | | | 22· · · · ·Q.· · Okay. | | | | 23· · · · · · · ·Ms. Conboy, you understood that all | | | | 24· ·the documents Bates stamped with the "WBAM" stamp | | | | 25· ·come from the files of Whitman Breed, correct? | | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 41 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 40 | | |---------------------------------------------------------|-------------------------------------------------------|---------|--| | | ·2· · · · ·A.· · I think so, yes.· Yes. | | | | | ·3· · · · ·Q.· · And those are files that you keep -- | | | | ·4· ·the firm keeps in the ordinary course of its | | | | | | ·5· ·business? | | | | ·6· · · · ·A.· · Yes. | | | | | | ·7· · · · ·Q.· · And they're created as part of the | | | | ·8· ·ordinary business it conducts as a law firm, | | | | | ·9· ·correct? | | | | | | 10· · · · ·A.· · Correct. | | | | | 11· · · · ·Q.· · Okay.· Do you recall a woman named | | | | 12· ·Louise Camuto was the owner of the Chateau Ridge | | | | | 13· ·property? | | | | | | 14· · · · ·A.· · I don't know if she was the actual | | | | 15· ·owner. | | | | | | 16· · · · ·Q.· · Okay.· What did you understand | | | | 17· ·Ms. Camuto's position to be? | | | | | | 18· · · · ·A.· · I don't remember how the title was | | | | 19· ·held, but I don't think she owned it personally. | | | | | 20· ·I don't remember exactly how title was held, but I | | | | | 21· ·don't think she owned it personally. | | | | | | 22· · · · ·Q.· · Okay.· Do you recall that she was | | | | 23· ·negotiating the sale of the property with Mr. Kwok | | | | | 24· ·and his representatives? | | | | | | 25· · · · ·A.· · I don't know if she was.· The only | | | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 42 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 41 | |---------------------------------------------------------|---------| | ·2· ·person who I negotiated with was the other | | | ·3· ·attorney.· I don't know who anyone else negotiated | | | ·4· ·with. | | | ·5· · · · ·Q.· · Do you know who Karin Maistrello is? | | | ·6· · · · ·A.· · No. | | | ·7· · · · · · · ·MR. LUFT:· What document are we up to | | | ·8· · · · ·now?· It was seven -- | | | ·9· · · · · · · ·MR. THOMASON:· You're at 9. | | | 10· · · · · · · ·MR. LUFT:· Nine? | | | 11· · · · · · · ·MR. THOMASON:· You're about to name 9. | | | 12· · · · · · · ·MR. LUFT:· Terrific.· Let's mark as | | | 13· · · · ·Whitman Breed Exhibit 9, document behind | | | 14· · · · ·Tab 20, an e-mail chain with the Bates stamp | | | 15· · · · ·WBAM_003873 through 76.· Appears to be a | | | 16· · · · ·chain encompassing e-mails involving | | | 17· · · · ·Mr. Krasner, Ms. Camuto, Ms. Wang, | | | 18· · · · ·Ms. Maistrello, and Ms. Dowdle. | | | 19· · · · · · · ·(Whitman Breed Exhibit 9, e-mail | | | 20· · · · ·chain, Bates stamped WBAM_003873 through | | | 21· · · · ·876, was marked for identification at this | | | 22· · · · ·time.) | | | 23· · ·BY MR. LUFT: | | | 24· · · · ·Q.· · Ms. Conboy, do you see that this | | | 25· ·document bears a Bates stamp of "WBAM"? | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 42 | |-------------------------------------------------------|---------------------------------------------------------|---------| | ·2· · · · ·A.· · Yes. | | | | | ·3· · · · ·Q.· · Does that indicate to you that this | | | | ·4· ·document comes from the files of Whitman Breed? | | | | ·5· · · · ·A.· · I -- it must.· I guess it does. I | | | | ·6· ·don't remember seeing this document.· I'm not on | | | ·7· ·the -- I'm not on the e-mail chain at the top. I | | | | ·8· ·mean, I'm not on the e-mail. | | | | | ·9· · · · ·Q.· · Do clients when they negotiate through | | | | 10· ·e-mails sometimes provide those e-mails to counsel | | | | 11· ·for purposes of their work they're doing for them? | | | | 12· · · · ·A.· · I don't understand what your question | | | 13· ·is. | | | | | 14· · · · ·Q.· · My question is:· When clients have | | | | 15· ·communications with prospective buyers or brokers, | | | 16· ·do they sometimes provide you with those | | | | 17· ·communications to evidence the negotiations they | | | | 18· ·conducted so that you can do your work on behalf | | | | 19· ·of them? | | | | | 20· · · · ·A.· · Sometimes, yes, sometimes. | | | | 21· · · · ·Q.· · Can you turn to the page ending 3875. | | | | 22· · · · · · · ·Do you see there's an e-mail from | | | | 23· ·Ms. Camuto to Mary Muffin Dowdle? | | | | 24· · · · · · · ·Do you know Ms. Dowdle? | | | | 25· · · · ·A.· · No.· She's a broker, but I don't know | | | | | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 43 | |-----------------------|---------------------------------------------------------|---------| | | ·2· ·her.· She was a broker. | | | | ·3· · · · ·Q.· · Did you understand her to be the | | | | ·4· ·broker working with Mr. Kwok? | | | | ·5· · · · ·A.· · In the beginning, yes.· In the | | | | ·6· ·beginning of when the transaction first started. | | | | ·7· · · · ·Q.· · Do you see Ms. Camuto, while sending | | | | ·8· ·her e-mail to Ms. Dowdle, addresses it actually to | | | | ·9· ·Mr. Kwok, "Dear Miles." | | | | 10· · · · · · · ·She writes:· "Thank you for getting | | | | 11· ·back to me.· I look forward to concluding and | | | | 12· ·having you move into this amazing place which we | | | | 13· ·love so much and you seem to love it as much as we | | | 14· ·do." | | | | | 15· · · · · · · ·Do you see that? | | | 16· · · · ·A.· · Yes. | | | | | 17· · · · ·Q.· · And then they proceed -- Ms. Camuto | | | | 18· ·proceeds to write a message to Mr. Kwok regarding | | | | 19· ·certain furnishings he had asked to be kept, | | | 20· ·correct? | | | | 21· · · · ·A.· · Yes. | | | | | 22· · · · ·Q.· · And do you recall if this -- these | | | | 23· ·communications were transmitted to you so that you | | | | 24· ·would know which pieces of furniture to include in | | | | 25· ·the contractual agreements and which ones to leave | |

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 44 | |---------------------------------------------------------|---------| | ·2· ·out? | | | ·3· · · · ·A.· · I don't remember. | | | ·4· · · · ·Q.· · Let's look up a little bit.· Do you | | | ·5· ·see in response on page 3874, Ms. Wang writes back | | | ·6· ·to Mr. Camuto saying:· "Thank you for getting back | | | ·7· ·to Miles.· Kindly forgive him as he does better | | | ·8· ·with oral English than written." | | | ·9· · · · · · · ·Do you see that? | | | 10· · · · ·A.· · Yes, yes. | | | 11· · · · ·Q.· · Do you see she mentions that Miles | | | 12· ·said he exactly shares the same love as you to | | | 13· ·this fabulous home and that he hopes to come back | | | 14· ·in the future to share the beautiful stories about | | | 15· ·this place with him. | | | 16· · · · ·A.· · Right, yes. | | | 17· · · · ·Q.· · And that he -- it then goes on: | | | 18· ·"Miles said he appreciates you agree to leave the | | | 19· ·urns.· He does love them very much."· And then | | | 20· ·says -- reflects what Mr. Kwok wishes to do with | | | 21· ·regard to the blue chairs, correct? | | | 22· · · · ·A.· · Right. | | | 23· · · · ·Q.· · And then it concludes:· "On behalf of | | | 24· ·Miles, thank you again for having this beautiful | | | 25· ·home to him.· All the best." | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 45 | |---------------------------|---------------------------------------------------------|---------| | ·2· · · · ·A.· · Right. | | | | | ·3· · · · ·Q.· · And this information about how to | | | | ·4· ·handle the urns for Mr. Kwok and how to handle the | | | | ·5· ·chairs, that's all information which you as the | | | | ·6· ·lawyer would codify in an agreement, correct? | | | ·7· · · · ·A.· · Correct. | | | | | ·8· · · · ·Q.· · And it's clear that Ms. Wang is | | | | ·9· ·speaking on behalf of Mr. Kwok, correct? | | | | 10· · · · ·A.· · Again, you're asking me about an | | | | 11· ·e-mail that I didn't write. | | | | 12· · · · · · · ·They say, the family office, you know, | | | | 13· ·I wasn't -- I don't get -- the only way I would | | | | 14· ·get involved is to write the contract with the | | | | 15· ·terms about the urn and whatever personal | | | 16· ·property. | | | | | 17· · · · ·Q.· · But it's very clear here, right, this | | | | 18· ·is about Miles?· Miles is the person being | | | | 19· ·specifically referenced, correct? | | | | 20· · · · ·A.· · Miles was being referenced, yes. | | | | 21· · · · ·Q.· · And Miles is the one who is making the | | | | 22· ·decisions with regard to the urns? | | | | 23· · · · ·A.· · I don't know.· I have no idea. | | | | 24· · · · ·Q.· · (As read):· Miles says he appreciates | | | | 25· ·you agree to leave urns.· He does love them very | | | | | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 47 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 46 | |---------------------------------------------------------|---------| | ·2· ·much.· In the same spirit of cooperation, he would | | | ·3· ·like you to keep the set of four blue chairs. | | | ·4· · · · · · · ·You agree with me that it is Mr. Kwok | | | ·5· ·who is the one who is making the instructions with | | | ·6· ·regard to which property to be included in the | | | ·7· ·contract, correct? | | | ·8· · · · ·A.· · That's what the e-mail states, yes. | | | ·9· · · · · · · ·MR. LUFT:· Okay.· You can put that to | | | 10· · · · ·the side. | | | 11· · · · · · · ·Mark as Exhibit -- Whitman Breed | | | 12· · · · ·Exhibit 10, a document behind Tab 22, Bates | | | 13· · · · ·stamped WBAM_003873 through 76, which is, | | | 14· · · · ·again, another e-mail chain between | | | 15· · · · ·Mr. Camuto, Ms. Wang, Mr. Krasner and | | | 16· · · · ·Ms. Maistrello. | | | 17· · · · · · · ·(Whitman Breed Exhibit 10, e-mail | | | 18· · · · ·chain, Bates stamped WBAM_003873 through | | | 19· · · · ·876, was marked for identification at this | | | 20· · · · ·time.) | | | 21· · ·BY MR. LUFT: | | | 22· · · · ·Q.· · And do you see, again, this is a | | | 23· ·document with the Bates stamp "WBAM"? | | | 24· · · · ·A.· · Yes. | | | 25· · · · ·Q.· · And that suggests to you that this is | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 47 | |---------------------------------------------------------|---------| | ·2· ·a document coming from Whitman Breed's files, | | | ·3· ·correct? | | | ·4· · · · ·A.· · Yes. | | | ·5· · · · ·Q.· · So this is a document that would have | | | ·6· ·been provided to your law firm in connection with | | | ·7· ·your representation of -- with regard to this | | | ·8· ·property, correct? | | | ·9· · · · ·A.· · Yes. | | | 10· · · · ·Q.· · And do you see, again, Ms. Camuto | | | 11· ·writes to Ms. Wang, multiple places, specifically | | | 12· ·says -- references Mr. Kwok:· "I am so glad Miles | | | 13· ·will enjoy the fabulous urns that are, as you | | | 14· ·know, quite rare and valuable.· They make the | | | 15· ·room. | | | 16· · · · · · · ·"Thank him for the chairs, and I will | | | 17· ·leave Miles the cabinet on the third floor."· It | | | 18· ·goes on:· "Thank you - and Miles, and please keep | | | 19· ·the communication flowing.· I would be happy to | | | 20· ·come visit him one day when he is all settled in." | | | 21· · · · · · · ·It is clear Ms. Wang -- Ms. Camuto is | | | 22· ·referring to Mr. Kwok as being the person who was | | | 23· ·acquiring the home, correct? | | | 24· · · · ·A.· · That's what her e-mail states, yep. | | | 25· · · · ·Q.· · Okay. | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 49 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 48 | |---------------------------------------------------------|---------| | ·2· · · · · · · ·MR. LUFT:· You can put that aside. | | | ·3· · · · ·Q.· · Do you recall if -- having any | | | ·4· ·communications with regard to the Chateau Ridge | | | ·5· ·property related to anyone else in Mr. Kwok's | | | ·6· ·family having any negotiations or role in | | | ·7· ·connection with its purchase? | | | ·8· · · · ·A.· · I don't remember.· I think the only -- | | | ·9· ·again, the only person who I dealt with was Max | | | 10· ·Krasner. | | | 11· · · · ·Q.· · Okay. | | | 12· · · · · · · ·MR. LUFT:· We have been going about an | | | 13· · · · ·hour.· Do you want to take a quick break? | | | 14· · · · · · · ·MR. THOMASON:· Yes, please. | | | 15· · · · · · · ·THE WITNESS:· Sure. | | | 16· · · · · · · ·MR. LUFT:· Terrific.· How long do you | | | 17· · · · ·want? | | | 18· · · · · · · ·MR. THOMASON:· Ten minutes? | | | 19· · · · · · · ·MR. LUFT:· That's great. | | | 20· · · · · · · ·MR. THOMASON:· As my floor, but if you | | | 21· · · · ·want longer that's fine. | | | 22· · · · · · · ·MR. LUFT:· Ten is fine with me. | | | 23· · · · · · · ·MR. THOMASON:· Okay. | | | 24· · · · · · · ·VIDEOGRAPHER:· We're going off the | | | 25· · · · ·record at 11:10 a.m.· This marks the end of | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 49 | |---------------------------------------------------------|---------------------------------------------------------|---------| | ·2· · · · ·Media 1. | | | | | ·3· · · · · · · ·(Recess.) | | | | ·4· · · · · · · ·VIDEOGRAPHER:· We are back on the | | | ·5· · · · ·record at 11:30 a.m.· This marks the | | | | ·6· · · · ·beginning of Media 2. | | | | ·7· · ·BY MR. LUFT: | | | | | ·8· · · · ·Q.· · Hi, Ms. Conboy.· How are you? | | | | ·9· · · · ·A.· · Good.· How are you? | | | 10· · · · ·Q.· · Good. | | | | | 11· · · · · · · ·I want to turn to another property. | | | 12· ·Do you recall that Mr. Kwok was also interested in | | | | 13· ·purchasing a property at 66 Sherwood in July or | | | | 14· ·August of 2019? | | | | 15· · · · ·A.· · Yes. | | | | | 16· · · · ·Q.· · What do you recall about that | | | | 17· ·potential purchase? | | | | 18· · · · ·A.· · I don't think it went very far. I | | | | 19· ·don't even think we got contracts. | | | | 20· · · · · · · ·So that's all I remember.· I don't | | | 21· ·think it went far at all. | | | | | 22· · · · ·Q.· · Do you recall when Mr. Kwok decided | | | | 23· ·not to purchase the property? | | | | 24· · · · ·A.· · I recall Max letting me know that they | | | | 25· ·weren't going to purchase it, but that was it. | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 51 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 50 | |---------------------------------------------------------|---------| | ·2· · · · ·Q.· · Okay.· And it never reached the | | | ·3· ·contract stage, right? | | | ·4· · · · ·A.· · I don't think so. | | | ·5· · · · ·Q.· · Okay.· Okay.· We can move on to | | | ·6· ·another property. | | | ·7· · · · · · · ·I know we spoke earlier about the | | | ·8· ·Indian Field property? | | | ·9· · · · ·A.· · Right, right. | | | 10· · · · ·Q.· · Okay.· Do you recall anything else | | | 11· ·about why -- let me strike that actually. | | | 12· · · · · · · ·All right.· The next property that I'm | | | 13· ·aware of that they looked at is -- or maybe not | | | 14· ·sequentially, but do you recall a property at | | | 15· ·11 Hurlingham Drive that was looked at in | | | 16· ·December 2020? | | | 17· · · · ·A.· · No, I don't remember that property. | | | 18· · · · ·Q.· · Okay.· Let's me ask you to turn to | | | 19· ·Tab 59. | | | 20· · · · · · · ·MR. LUFT:· Are we up to 11? | | | 21· · · · · · · ·MR. THOMASON:· I think so. | | | 22· · · · · · · ·MR. LUFT:· Okay.· Let's mark as | | | 23· · · · ·Tab 11, a document Bates stamped WBAM_008335 | | | 24· · · · ·through 339. | | | 25· · · · · · · ·(Whitman Breed Exhibit 11, e-mail | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 51 | |---------------------------------------------------------|---------| | ·2· · · · ·chain, Bates stamped WBAM_008335 through | | | ·3· · · · ·339, was marked for identification at this | | | ·4· · · · ·time.) | | | ·5· · ·BY MR. LUFT: | | | ·6· · · · ·Q.· · Which I believe is an e-mail chain | | | ·7· ·between Mr. Krasner, a Mr. Frank Dong, and | | | ·8· ·yourself. | | | ·9· · · · · · · ·Do you see that? | | | 10· · · · ·A.· · Yes. | | | 11· · · · ·Q.· · And do you see Mr. Krasner writes at | | | 12· ·10:25 a.m. on December 15, 2020:· "Hi, Frank and | | | 13· ·Margaret.· I just spoke with Miles, and he advised | | | 14· ·the team will not move forward on this property. | | | 15· ·Thank you." | | | 16· · · · ·A.· · Right. | | | 17· · · · ·Q.· · Does that refresh your recollection | | | 18· ·about Mr. Krasner informing you and Mr. Dong that | | | 19· ·Mr. Kwok did not want to purchase the | | | 20· ·11 Hurlingham Drive property? | | | 21· · · · ·A.· · I don't remember this, but according | | | 22· ·to the e-mail, it says Miles advised the team that | | | 23· ·they're not going forward. | | | 24· · · · ·Q.· · And the vehicle here that Mr. Kwok was | | | 25· ·using to potentially make this purchase was -- | |

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 52 | |---------------------------------------------------------|---------| | ·2· ·appears to be Hudson Diamond, correct? | | | ·3· · · · ·A.· · Correct. | | | ·4· · · · ·Q.· · And that's one of the shell companies | | | ·5· ·that Mr. Kwok would use to consider real estate | | | ·6· ·purchases, correct? | | | ·7· · · · · · · ·MR. THOMASON:· Objection to form. | | | ·8· · · · ·A.· · It was another LLC that they used to | | | ·9· ·purchase properties. | | | 10· · · · ·Q.· · Right.· And here, it's Mr. Kwok, | | | 11· ·correct, that's who Mr. Krasner spoke with? | | | 12· · · · ·A.· · Well, that's who -- yeah, that's who | | | 13· ·Mr. Krasner said in his e-mail advised him not to | | | 14· ·go forward. | | | 15· · · · ·Q.· · Okay. | | | 16· · · · · · · ·MR. LUFT:· And let's mark -- turn to | | | 17· · · · ·Tab 57, and mark it as Whitman Breed | | | 18· · · · ·Exhibit 12, document Bates stamped | | | 19· · · · ·WBAM_008641 through 43, which I believe | | | 20· · · · ·you'll tell me is a December 14th, so one | | | 21· · · · ·day prior, e-mail chain between yourself and | | | 22· · · · ·Mr. Frank Dong with regard to 11 Hurlingham | | | 23· · · · ·purchased by Hudson Diamond. | | | 24· · · · · · · ·(Whitman Breed Exhibit 12, e-mail | | | 25· · · · ·chain, Bates stamped WBAM_008641 through | |

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 53 | |--------------------------------------------------------|---------| | ·2· · · · ·643, was marked for identification at this | | | ·3· · · · ·time.) | | | ·4· · ·BY MR. LUFT: | | | ·5· · · · ·Q.· · Do you see that? | | | ·6· · · · ·A.· · Yes. | | | ·7· · · · ·Q.· · Do you remember Mr. Dong? | | | ·8· · · · ·A.· · I don't remember Mr. Dong. | | | ·9· · · · ·Q.· · If you look at the first e-mail he | | | 10· ·sends you in this chain, which is on 8642, | | | 11· ·Mr. Dong writes you and says (as read):· Hi, | | | 12· ·Margaret.· Nice to e-meet you.· I am the buy side | | | 13· ·agent for the deal.· He goes on and says (as | | | 14· ·read):· Boss came to see the house personally. | | | 15· ·Sellers spent 11 million to renovate the property | | | 16· ·but moved to Florida already.· Boss is willing to | | | 17· ·finish the house himself. | | | 18· · · · · · · ·Did you understand Mr. Dong to be | | | 19· ·referring to Mr. Kwok when he referenced the | | | 20· ·"boss"? | | | 21· · · · ·A.· · I don't remember this, and I don't | | | 22· ·know.· I don't remember this.· I don't remember | | | 23· ·Mr. Dong.· I don't know. | | | 24· · · · ·Q.· · But this is an e-mail you -- you have | | | 25· ·no question that you received this e-mail from | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 55 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 54 | |---------------------------------------------------------|---------| | ·2· ·Mr. Dong, correct? | | | ·3· · · · ·A.· · Yes, right, correct. | | | ·4· · · · ·Q.· · And you're not aware of any other | | | ·5· ·decision maker with regard to this property other | | | ·6· ·than Mr. Kwok, correct? | | | ·7· · · · ·A.· · You know, I don't know who else is | | | ·8· ·involved.· I mean, I don't know who else makes | | | ·9· ·decisions in the family, so, I don't know. | | | 10· · · · ·Q.· · Are you aware of -- have you ever been | | | 11· ·told that anyone in the family makes decisions | | | 12· ·with regard to these properties other than | | | 13· ·Mr. Kwok? | | | 14· · · · ·A.· · I've never been told -- I never was | | | 15· ·told who made any of the decisions. | | | 16· · · · ·Q.· · Well, if we look back at Exhibit 11 -- | | | 17· · · · ·A.· · Right, in their e-mails. | | | 18· · · · ·Q.· · In their e-mails, you're told that | | | 19· ·Mr. Kwok is the one that's making the decision, | | | 20· ·correct? | | | 21· · · · ·A.· · Right. | | | 22· · · · ·Q.· · Okay.· Mr. Krasner does tell you that | | | 23· ·Mr. Kwok advised the team not to move forward. | | | 24· · · · · · · ·And I want to be clear, you were never | | | 25· ·told by Mr. Krasner that any other member of | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 56 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 55 | |--------------------------------------------------------|---------------------------------------------------------|---------| | | ·2· ·Mr. Kwok's family ever made a decision with regard | | | | ·3· ·to the purchase or not purchase of any property, | | | ·4· ·correct? | | | | | ·5· · · · ·A.· · Correct, he never told me who made the | | | ·6· ·decisions. | | | | | ·7· · · · ·Q.· · Other than when he told you Mr. Kwok | | | | ·8· ·was making decisions? | | | | ·9· · · · ·A.· · Other than in that e-mail, from what I | | | 10· ·remember, yep. | | | | | 11· · · · ·Q.· · And we've seen other e-mails where | | | 12· ·Mr. Kwok -- Mr. Kwok is referenced as negotiating | | | | 13· ·and making decisions, correct? | | | | 14· · · · ·A.· · Correct. | | | | | 15· · · · ·Q.· · So to be clear, you were advised | | | | 16· ·periodically that Mr. Kwok was making decisions | | | 17· ·with regard to properties, correct? | | | | 18· · · · ·A.· · Correct. | | | | | 19· · · · ·Q.· · And you were never advised that any | | | 20· ·other member of Mr. Kwok's family was making | | | | 21· ·decisions with regard to properties, correct? | | | | | 22· · · · ·A.· · I don't remember. | | | | 23· · · · ·Q.· · Do you have any recollection of anyone | | | | 24· ·in the family ever making a decision with regard | | | | 25· ·to a property other than Mr. Kwok? | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 57 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 56 | |-------------------------------------------------|---------------------------------------------------------|---------| | | ·2· · · · ·A.· · I don't remember. | | | | ·3· · · · ·Q.· · Do you believe that you were ever told | | | ·4· ·that? | | | | | ·5· · · · ·A.· · I don't know.· I really don't remember | | | | ·6· ·if anybody else -- I don't know. | | | | ·7· · · · ·Q.· · I guess what I'm asking is:· When you | | | | ·8· ·say you don't know, is that because you think that | | | | ·9· ·someone may have and you can't -- you don't have a | | | | 10· ·specific recollection or -- | | | | 11· · · · · · · ·MR. THOMASON:· Let's him finish the | | | 12· · · · ·question. | | | | | 13· · · · · · · ·MR. LUFT:· Right. | | | | 14· · · · ·Q.· · Ms. Conboy, I know you're using your | | | | 15· ·best recollection and I appreciate that.· But I | | | | 16· ·just -- it's important, I just want to have a | | | 17· ·clear record. | | | | | 18· · · · · · · ·Do you have a recollection of any | | | | 19· ·member of Mr. Kwok's family, other than himself, | | | 20· ·ever providing instructions either through | | | | | 21· ·Mr. Krasner or directly or any other | | | | 22· ·representative with regard to whether to buy or | | | | 23· ·sell or how to handle any of the potential | | | | 24· ·purchases you were involved with? | | | | 25· · · · ·A.· · No, I have no recollection. | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 57 | |-----------------------|---------------------------------------------------------|---------| | | ·2· · · · ·Q.· · Okay.· Okay.· Let's move on from that | | | ·3· ·property. | | | | | ·4· · · · · · · ·You recall that Mr. Kwok also involved | | | | ·5· ·you with regard to the purchase of 33 Ferncliff | | | ·6· ·Road? | | | | | ·7· · · · · · · ·MR. THOMASON:· Objection to form. | | | | ·8· · · · · · · ·You can answer. | | | ·9· · · · ·A.· · Yes. | | | | | 10· · · · ·Q.· · Okay.· What do you recall about that | | | 11· ·transaction? | | | | | 12· · · · ·A.· · That transaction, he was -- or -- Max | | | | 13· ·said that -- I believe that it was going to be -- | | | | 14· ·the property was going to be for a family member | | | | 15· ·or family members and that house -- he -- or I | | | | 16· ·think it was Golden Spring or Greenwich Land | | | | 17· ·purchased it and bought the property. | | | | 18· · · · ·Q.· · Do you recall which family member | | | | 19· ·Mr. Krasner said would be living in the property? | | | 20· · · · ·A.· · No. | | | | | 21· · · · ·Q.· · Did you ever visit the property? | | | 22· · · · ·A.· · No. | | | | | 23· · · · ·Q.· · Were you ever there when anyone from | | | | 24· ·the family visited the property? | | | | 25· · · · ·A.· · I've never been to the property. | | | | | |

| ·2· · · · ·Q.· · Do you know if any member of the<br>·3· ·family ever visited the property prior to its<br>·4· ·purchase?<br>·5· · · · ·A.· · I don't know.<br>·6· · · · ·Q.· · How would you compare the size of this<br>·7· ·property to the other properties that Mr. Kwok had<br>·8· ·been looking at?<br>·9· · · · ·A.· · This property was less in value. I<br>10· ·think it was around 2 million.<br>11· · · · · · · ·MR. LUFT:· Let's mark as Whitman Breed<br>12· · · · ·Exhibit 12 --<br>13· · · · · · · ·MR. THOMASON:· Fourteen.<br>14· · · · · · · ·MR. LUFT:· Fourteen?· Thank you.<br>15· · · · · · · ·MR. THOMASON:· Thirteen.<br>16· · · · · · · ·MR. LUFT:· Thirteen?· Even better.<br>17· · · · · · · ·Okay.· It's Bates stamped WBAM_006317.<br>18· · · · ·It's Tab 37.· It's an e-mail from -- it<br>19· · · · ·appears to be an e-mail from Ms. Conboy to a<br>20· · · · ·Joel Kaye, Gideon Fountain, and Martha<br>21· · · · ·Jeffrey, August 19, 2019 regarding<br>22· · · · ·33 Ferncliff.<br>23· · · · · · · ·(Whitman Breed Exhibit 13, e-mail<br>24· · · · ·chain, Bates stamped WBAM_006317, was marked<br>25· · · · ·for identification at this time.) | | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 58 | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|------------------------------------------|---------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 60 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 59 | |---------------------------------------------------------|---------------------------------------------------------|---------| | ·2· · ·BY MR. LUFT: | | | | | ·3· · · · ·Q.· · Ms. Conboy, do you recall this e-mail | | | ·4· ·that you wrote? | | | | | ·5· · · · ·A.· · I don't remember it, but I see I wrote | | | ·6· ·it to Joel. | | | | | ·7· · · · ·Q.· · Okay.· And who is Joel Kaye? | | | | ·8· · · · ·A.· · Joel Kaye was the seller's attorney. | | | | ·9· · · · ·Q.· · And you write:· "I reviewed the | | | | 10· ·changes with my client.· The only change he has is | | | | 11· ·with the five business-day grace period - he would | | | 12· ·like to make it three business days because the | | | | 13· ·family is moving from California, their lease | | | | 14· ·ends, and they need to get the kids settled and | | | | | 15· ·enrolled in school." | | | | 16· · · · · · · ·Do you see that? | | | 17· · · · ·A.· · Yes. | | | | | 18· · · · ·Q.· · And who is the "he" being referred to | | | 19· ·in this e-mail? | | | | | 20· · · · ·A.· · Max.· That would be Max. | | | | 21· · · · ·Q.· · Okay.· And do you recall Mr. Krasner | | | 22· ·telling you that the family that was going to live | | | | 23· ·at 33 Ferncliff was moving from California? | | | | | 24· · · · ·A.· · He must have since that's what I wrote | | | 25· ·in the e-mail. | | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 60 | |-------------------------|--------------------------------------------------------|---------| | | ·2· · · · ·Q.· · And the suggestion I also assume is | | | | ·3· ·that he told you that there were school-aged | | | ·4· ·children? | | | | ·5· · · · ·A.· · Right. | | | | | ·6· · · · ·Q.· · So this -- the reference to the | | | | ·7· ·"family" here is not Mr. Kwok's family, correct, | | | | ·8· ·meaning his immediate family? | | | | ·9· · · · ·A.· · Correct, correct. | | | | 10· · · · ·Q.· · This wasn't a house for his wife and | | | | 11· ·adult children, to your understanding? | | | | 12· · · · ·A.· · Not to my understanding. | | | | 13· · · · ·Q.· · Okay.· Do you recall what the source | | | | 14· ·of funds used to pay for this house was? | | | | 15· · · · ·A.· · I don't know. | | | | 16· · · · ·Q.· · Now, it says:· "My client is wiring | | | | 17· ·the funds to our trustee account." | | | | 18· · · · · · · ·Do you recall where they wired the | | | 19· ·funds from? | | | | | 20· · · · ·A.· · No, I don't remember.· I don't know. | | | | 21· · · · ·Q.· · Do you recall if they purchased the | | | | 22· ·house in cash or if they had financing? | | | | 23· · · · ·A.· · There was no financing. | | | | 24· · · · ·Q.· · Did they have to provide any type of | | | | 25· ·financial due diligence or representations to the | | | | | |

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 61 | | |---------------------------------------------------------|---------|--| | ·2· ·seller prior to purchasing the house? | | | | ·3· · · · ·A.· · I don't know. | | | | ·4· · · · · · · ·MR. LUFT:· I'm going to ask to mark as | | | | ·5· · · · ·Exhibit 14, a document behind Tab 39.· It's | | | | ·6· · · · ·Bates stamped WBAM_010121, and it is an | | | | ·7· · · · ·August 20, 2019 e-mail from yourself to | | | | ·8· · · · ·Ms. Bruno, subject:· "Greenwich Land LLC." | | | | ·9· · · · · · · ·(Whitman Breed Exhibit 14, e-mail | | | | 10· · · · ·dated August 20, 2019, Bates stamped | | | | 11· · · · ·WBAM_0101021, was marked for identification | | | | 12· · · · ·at this time.) | | | | 13· · ·BY MR. LUFT: | | | | 14· · · · ·Q.· · Do you see that? | | | | 15· · · · ·A.· · Yes. | | | | 16· · · · ·Q.· · Who is Ms. Bruno? | | | | 17· · · · ·A.· · My paralegal. | | | | 18· · · · ·Q.· · Okay.· Do you recall sending this | | | | 19· ·e-mail? | | | | 20· · · · ·A.· · I don't remember sending it, but I | | | | 21· ·sent it.· I don't remember. | | | | 22· · · · ·Q.· · Do you see you write:· "Can you check | | | | 23· ·who the members are of Greenwich Land LLC - I | | | | 24· ·would like to confirm that Max Krasner is a member | | | | 25· ·- it is a Delaware LLC." | | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 62 | |--------------------------------------------------------|---------------------------------------------------------|---------| | | ·2· · · · · · · ·Do you recall if Ms. Bruno ever did | | | ·3· ·that search? | | | | | ·4· · · · ·A.· · I don't remember. | | | | ·5· · · · ·Q.· · Do you recall if you ever asked | | | ·6· ·Mr. Krasner if he was a member of Greenwich Land | | | | ·7· ·LLC? | | | | | ·8· · · · ·A.· · I don't remember. | | | | ·9· · · · ·Q.· · Did Mr. Krasner ever inform you that | | | | 10· ·he was not a member of Greenwich Land LLC? | | | | 11· · · · ·A.· · Not that I remember. | | | | 12· · · · ·Q.· · Do you know -- or I should say, at the | | | 13· ·time of the transaction, did you know who the | | | | 14· ·member -- who the member or members of Greenwich | | | | 15· ·Land LLC were? | | | | | 16· · · · ·A.· · I don't remember.· I don't remember. | | | | 17· · · · ·Q.· · Do you have any recollection with | | | 18· ·regard to this issue? | | | | 19· · · · ·A.· · No. | | | | | 20· · · · · · · ·MR. LUFT:· Okay.· You can put that | | | 21· · · · ·aside. | | | | | 22· · · · · · · ·I'm going to mark as Exhibit 15, a | | | 23· · · · ·document Bates -- behind Tab 40, Bates | | | | 24· · · · ·stamped WBAM_006741, which is an August 30, | | | | | 25· · · · ·2019 e-mail between yourself Mr. Kaye and a | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 64 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 63 | | |---------------------------------------------------------|---------|--| | ·2· · · · ·number of cc's. | | | | ·3· · · · · · · ·(Whitman Breed Exhibit 15, e-mail | | | | ·4· · · · ·chain, Bates stamped WBAM_006741, was marked | | | | ·5· · · · ·for identification at this time.) | | | | ·6· · ·BY MR. LUFT: | | | | ·7· · · · ·Q.· · Do you see that? | | | | ·8· · · · ·A.· · Yes. | | | | ·9· · · · ·Q.· · It says (as read):· Joel, my clients | | | | 10· ·were at the house, the U-Haul truck hit the side | | | | 11· ·of the house.· My client is sending me pictures. | | | | 12· ·Brick will need to be replaced. | | | | 13· · · · · · · ·Do you recall anything about this? | | | | 14· · · · ·A.· · Just that Max called and said that I | | | | 15· ·guess this U-Haul truck hit the side of the house, | | | | 16· ·and I don't remember how we -- I don't remember | | | | 17· ·how we resolved it, if Joel's -- if the seller | | | | 18· ·gave a credit or -- or not.· I don't remember. | | | | 19· · · · ·Q.· · Do you recall who was specifically at | | | | 20· ·the house when the U-Haul truck hit it? | | | | 21· · · · ·A.· · No, I don't. | | | | 22· · · · ·Q.· · Okay. | | | | 23· · · · · · · ·Did Mr. Krasner ever tell you about | | | | 24· ·any members of Mr. Kwok's family other than | | | | 25· ·Mr. Kwok ever visiting this property? | | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 64 | |---------------------------------------------------------|-------------------------------------------------------|---------| | | ·2· · · · ·A.· · Not that I remember. | | | | ·3· · · · · · · ·MR. THOMASON:· Objection to form. | | | | ·4· · · · ·A.· · Not that I remember. | | | ·5· · · · ·Q.· · Okay. | | | | | ·6· · · · · · · ·MR. LUFT:· Okay.· I ask to mark | | | ·7· · · · ·Exhibit 16, Whitman Breed deposition | | | | ·8· · · · ·Exhibit 16, a document behind Tab 41, Bates | | | | ·9· · · · ·stamped WBAM_007160 through 64, which is an | | | | 10· · · · ·e-mail chain between Ms. Bruno, Mr. Krasner, | | | | 11· · · · ·and yourself. | | | | | 12· · · · · · · ·(Whitman Breed Exhibit 16, e-mail | | | 13· · · · ·chain, Bates stamped WBAM_007160 through | | | | 14· · · · ·164, was marked for identification at this | | | | 15· · · · ·time.) | | | | 16· · ·BY MR. LUFT: | | | | | 17· · · · ·Q.· · And specifically, do you see that | | | 18· ·document? | | | | 19· · · · ·A.· · Yes. | | | | | 20· · · · ·Q.· · It appears to be an e-mail chain | | | 21· ·described? | | | | | 22· · · · ·A.· · Excuse me? | | | | 23· · · · ·Q.· · Does it appear to be an e-mail chain | | | 24· ·between Mr. Krasner and Ms. Bruno and yourself | | | | 25· ·with regard to 33 Ferncliff's inspections? | | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 65 | |---------------------------------------------------------|---------------------------------------------------------|---------| | ·2· · · · ·A.· · Yes. | | | | | ·3· · · · ·Q.· · If you turn to the Bates stamp ending | | | | ·4· ·161, there is an e-mail from Mr. Krasner to | | | ·5· ·Ms. Bruno and yourself on October 21st in which he | | | | | ·6· ·says:· "Okay.· Thanks.· Let me know what date and | | | | ·7· ·I will advise the tenant ahead of time." | | | | ·8· · · · · · · ·Ms. Conboy, do you recall that the | | | | ·9· ·33 Ferncliff property was going to be rented to a | | | 10· ·tenant? | | | | | 11· · · · ·A.· · I don't remember that.· I don't | | | 12· ·remember that. | | | | | 13· · · · ·Q.· · What -- as a real estate professional, | | | | 14· ·how would you understand when someone refers to | | | 15· ·that there being a tenant, does that make you | | | | | 16· ·understand there to be -- it's to be a rental? | | | | 17· · · · ·A.· · Well, that there's a -- that there | | | | 18· ·would be a lease and they're paying rent or the | | | 19· ·people are living there and paying rent. | | | | | 20· · · · · · · ·MR. LUFT:· I'm going to ask to mark as | | | 21· · · · ·Whitman Breed Exhibit 17, a document Bates | | | | | 22· · · · ·stamped WBAM_000002 through 05. | | | | 23· · · · · · · ·MR. THOMASON:· That's Tab 42, right? | | | | 24· · · · · · · ·MR. LUFT:· Yes, sir. | | | | 25· · · · · · · ·(Whitman Breed Exhibit 17, Trust | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 67 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 66 | |---------------------------------------------------------|---------------------------------------------------------|---------| | ·2· · · · ·Ledger, Bates stamped WBAM_000002 through 5, | | | | ·3· · · · ·was marked for identification at this time.) | | | | ·4· · ·BY MR. LUFT: | | | | | ·5· · · · ·Q.· · Ms. Conboy, do you recognize this | | | ·6· ·document? | | | | | ·7· · · · ·A.· · Yes.· It's a trust ledger for -- for a | | | ·8· ·trustee account. | | | | | ·9· · · · ·Q.· · Can you explain to me what that is? | | | | 10· · · · ·A.· · So when we represent anyone in a | | | 11· ·purchase or sale, the money flows through our | | | | 12· ·trustee account, and this is -- and it shows what | | | | 13· ·goes in, what's wired out, what checks are -- | | | | 14· ·are -- go out with a transaction or cut for a | | | | 15· ·transaction. | | | | | 16· · · · ·Q.· · Could you walk me through this | | | 17· ·document generally, what the flow of funds were | | | | 18· ·for this transaction? | | | | | 19· · · · ·A.· · So the first part is the purchase of | | | 20· ·Ferncliff. | | | | | 21· · · · ·Q.· · And who's the party making the | | | 22· ·purchase of -- it says:· "Golden Spring" -- | | | | | 23· · · · ·A.· · Golden Spring and Greenwich Land. | | | 24· ·This is Greenwich Land. | | | | | 25· · · · ·Q.· · So who's the one making the purchase | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 67 | |----------------------|--------------------------------------------------------|---------| | ·2· ·here? | | | | | ·3· · · · ·A.· · Greenwich Land, it looks like. | | | | ·4· · · · ·Q.· · But the first entry says:· "On behalf | | | | ·5· ·of Golden Spring." | | | | ·6· · · · · · · ·So can you just help me sort out how | | | | ·7· ·this works because -- | | | | ·8· · · · · · · ·MR. THOMASON:· So can I just ask the | | | | ·9· · · · ·witness to test -- Avi, are you asking her | | | | 10· · · · ·for her memory of the structure of the | | | | 11· · · · ·transaction or are you asking her what the | | | | 12· · · · ·document is saying?· Because I thought it | | | | 13· · · · ·was what the document was saying. | | | | 14· · · · · · · ·MR. LUFT:· Well, look, if there is a | | | | 15· · · · ·difference, I would like to know.· I'm just | | | | 16· · · · ·really -- Ms. Conboy is -- as your | | | | 17· · · · ·representative, I'm just asking her to | | | | 18· · · · ·explain to me how -- how to understand this | | | 19· · · · ·ledger. | | | | | 20· · · · · · · ·And I don't know if there's a | | | | 21· · · · ·distinction between how she understands it | | | | 22· · · · ·today, so I could ask that foundational | | | 23· · · · ·question. | | | | | 24· · · · · · · ·MR. THOMASON:· Well, there might be | | | | 25· · · · ·other documents -- if you want to know how | | | | | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 69 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 68 | |---------------------------------------------------------|---------| | ·2· · · · ·it was structured or purchased or whatever, | | | ·3· · · · ·there might be other documents that are, you | | | ·4· · · · ·know, better for that than this. | | | ·5· · · · · · · ·MR. LUFT:· I just want to understand | | | ·6· · · · ·how this document works.· This is -- well, | | | ·7· · · · ·why don't we just take it in pieces. | | | ·8· · ·BY MR. LUFT: | | | ·9· · · · ·Q.· · This is Whitman Breed's trust ledger, | | | 10· ·correct? | | | 11· · · · ·A.· · Right, right.· It's an accounting. | | | 12· ·It's our accounting.· So for every sale we do | | | 13· ·this. | | | 14· · · · · · · ·So it looks like -- it looks like a | | | 15· ·million two came in on August 27th on behalf of | | | 16· ·Golden Spring. | | | 17· · · · ·Q.· · Okay. | | | 18· · · · ·A.· · And then it was Capital One, but then | | | 19· ·it has Greenwich, so it was probably for the | | | 20· ·benefit of Greenwich Land LLC. | | | 21· · · · · · · ·And then these checks on the other | | | 22· ·side are everything that's going out, like First | | | 23· ·American Title Insurance, the balance due to the | | | 24· ·other attorney, the down payment -- let's see -- | | | 25· ·the Town of Greenwich recording fees.· So those | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 69 | |---------------------------------------------------------|---------| | ·2· ·are all the items coming out. | | | ·3· · · · ·Q.· · And they all say:· "On behalf of | | | ·4· ·Golden Springs."· So if I'm following along, this | | | ·5· ·is Golden Spring paying the 1.24 million on behalf | | | ·6· ·of Greenwich Land, and then there's all the money | | | ·7· ·that goes out and that's all -- it says:· "On | | | ·8· ·behalf of" -- so those are payments being made on | | | ·9· ·behalf of Golden Spring out of the account, | | | 10· ·correct? | | | 11· · · · ·A.· · I don't know.· I can't say that for | | | 12· ·sure because our accounting -- I don't know if | | | 13· ·that's correct or not.· Because the accounting, | | | 14· ·they just used -- those are numbers of how we | | | 15· ·refer to matters.· I don't know if that's actually | | | 16· ·how it -- how they -- how -- if Golden Spring -- I | | | 17· ·don't know.· I don't know. | | | 18· · · · ·Q.· · Well, what does it mean when it says | | | 19· ·(as read):· Out:· J.P. Morgan Chase on behalf of | | | 20· ·Golden Spring, just explain, how does that work? | | | 21· ·What does that mean? | | | 22· · · · ·A.· · I'd have to ask my bookkeeper. I | | | 23· ·don't know. | | | 24· · · · · · · ·MR. THOMASON:· Form. | | | 25· · · · ·Q.· · Does it indicate that this is a | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 71 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 70 | |----------------------|---------------------------------------------------------|---------| | | ·2· ·payment on behalf of anyone other than Golden | | | ·3· ·Spring? | | | | | ·4· · · · ·A.· · Or of Greenwich Land.· I don't -- | | | | ·5· · · · ·Q.· · There's no reference to Greenwich Land | | | ·6· ·there, right? | | | | | ·7· · · · ·A.· · Yes -- yeah, there is. | | | | ·8· · · · ·Q.· · Where? | | | | ·9· · · · ·A.· · Greenwich Land LLC purchased | | | 10· ·33 Ferncliff. | | | | | 11· · · · · · · ·These are questions that you'd have to | | | | 12· ·ask my bookkeeper, because I really don't know how | | | | 13· ·they label these things, but you've got Greenwich | | | | 14· ·Land LLC up there, too. | | | | 15· · · · ·Q.· · Well, under "In," they received money | | | | 16· ·from -- right, there's money coming in from Golden | | | | 17· ·Spring on behalf of Greenwich Land, that's what | | | | 18· ·you told me, right? | | | | 19· · · · ·A.· · That's what it says here. | | | | 20· · · · ·Q.· · For all the "out" entries, all the | | | | 21· ·outs just reference Golden Spring, not Greenwich | | | 22· ·Land, correct? | | | | 23· · · · ·A.· · No. | | | | | 24· · · · · · · ·MR. THOMASON:· Hey, Avi, do you want | | | | 25· · · · ·to go off the record for a minute? | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 71 | |---------------------------------------------------------|---------| | ·2· · · · · · · ·If you want to go off the record, we | | | ·3· · · · ·can probably explain it a little bit more | | | ·4· · · · ·clearly. | | | ·5· · · · · · · ·MR. LUFT:· Sure, we can go off the | | | ·6· · · · ·record for a second. | | | ·7· · · · · · · ·VIDEOGRAPHER:· We're going off the | | | ·8· · · · ·record at 11:57 a.m. | | | ·9· · · · · · · ·(Recess.) | | | 10· · · · · · · ·VIDEOGRAPHER:· We are back on the | | | 11· · · · ·record at 11:59 a.m. | | | 12· · ·BY MR. LUFT: | | | 13· · · · ·Q.· · Ms. Conboy, a couple other questions. | | | 14· · · · · · · ·In the middle, there's a grayed | | | 15· ·outline which says:· "In:· Converted from tabs on | | | 16· ·behalf of Golden Spring."· On the bottom, it says: | | | 17· ·"Hudson Diamond." | | | 18· · · · · · · ·Is that money coming in from Hudson | | | 19· ·Diamond into this account? | | | 20· · · · ·A.· · I'm not sure where you're looking. | | | 21· · · · ·Q.· · Right in the middle, there's a big | | | 22· ·gray box, it says:· "In." | | | 23· · · · · · · ·Entry No. 795777? | | | 24· · · · ·A.· · 795777. | | | 25· · · · · · · ·That was your receipts.· So it looks | |

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 72 | |---------------------------------------------------------|---------| | ·2· ·like -- oh, I see here.· There was a receipt for | | | ·3· ·\$2,800. | | | ·4· · · · ·Q.· · Okay.· My question is just:· Is that | | | ·5· ·money coming from Hudson Diamond, because it says: | | | ·6· ·"In"? | | | ·7· · · · ·A.· · Again, I don't know.· It's not clear | | | ·8· ·to me if -- it's not clear.· I don't understand | | | ·9· ·how they're -- how this program was working. | | | 10· · · · ·Q.· · Understood. | | | 11· · · · ·A.· · Yeah. | | | 12· · · · ·Q.· · Okay.· I guess we'll try to clarify it | | | 13· ·later. | | | 14· · · · · · · ·One other question, if you can answer | | | 15· ·it:· If you turn to the next page, there's an | | | 16· ·entry that says 1102379, and it's a distribution | | | 17· ·of approximately 2.27 million on behalf of Golden | | | 18· ·Spring, and it says:· "Bank:· The First Bank of | | | 19· ·Greenwich."· Regarding net sale proceeds, 33 -- | | | 20· ·can you just -- is that the bank account from | | | 21· ·which -- | | | 22· · · · ·A.· · That's the bank -- they told us to -- | | | 23· ·Max Krasner told us to wire the sales proceeds to | | | 24· ·that account. | | | 25· · · · ·Q.· · Got it. | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 74 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 73 | | |---------------------------------------------------------|---------|--| | ·2· · · · · · · ·So this is money that -- | | | | ·3· · · · ·A.· · The sale proceeds. | | | | ·4· · · · ·Q.· · This is from when the house, 33 | | | | ·5· ·Ferncliff, was sold? | | | | ·6· · · · ·A.· · Right, correct. | | | | ·7· · · · ·Q.· · So when 33 Ferncliff was sold again | | | | ·8· ·and Mr. Kwok was the seller, this was the bank | | | | ·9· ·account that the money was sent to, correct?· This | | | | 10· ·is First Bank of Greenwich? | | | | 11· · · · ·A.· · That's what Max advised me to wire it | | | | 12· ·to that account. | | | | 13· · · · ·Q.· · Okay.· There is a block over the | | | | 14· ·account number. | | | | 15· · · · · · · ·Is that a redaction you made or the | | | | 16· ·firm made? | | | | 17· · · · ·A.· · Yeah. | | | | 18· · · · · · · ·MR. LUFT:· Okay.· We'd ask that you | | | | 19· · · · ·provide us with the full account number. | | | | 20· · · · · · · ·So, Michael, maybe that's something | | | | 21· · · · ·maybe you can get accounting to provide us | | | | 22· · · · ·as well. | | | | 23· · · · ·Q.· · Okay.· Did Mr. Krasner tell you whose | | | | 24· ·bank account that was? | | | | 25· · · · ·A.· · No. | | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 75 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 74 | |---------------------------------------------------------|---------------------------------------------------------|---------| | | ·2· · · · ·Q.· · And that's not the bank account from | | | | ·3· ·which the funds were given to originally purchase | | | | ·4· ·the house, correct? | | | | ·5· · · · ·A.· · I don't know.· I don't know. | | | | ·6· · · · ·Q.· · If we look at the trust ledger, that | | | | ·7· ·was a Capital One account? | | | | ·8· · · · · · · ·MR. THOMASON:· You have to answer | | | | ·9· · · · ·"yes" or "no." | | | | 10· · · · ·A.· · Yes, yes. | | | | 11· · · · ·Q.· · Okay.· So the money to purchase | | | 12· ·33 Ferncliff came from a Capital One account but | | | | 13· ·the proceeds from selling that home in 2022 went | | | | 14· ·to a First Bank of Greenwich account, correct? | | | | | 15· · · · ·A.· · Correct. | | | | 16· · · · ·Q.· · And you were never told in whose name | | | 17· ·that First Bank of Greenwich bank account | | | | 18· ·belonged, correct? | | | | | 19· · · · ·A.· · Correct. | | | | 20· · · · ·Q.· · Do you have any other information | | | 21· ·about who received the proceeds of 33 Ferncliff | | | | 22· ·other than the fact that it was sent to this First | | | | 23· ·Bank of Greenwich account? | | | | 24· · · · ·A.· · No. | | | | | 25· · · · · · · ·MR. LUFT:· Are we up to 18, I believe? | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 76 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 75 | |--------------------------------------------------------|---------| | ·2· · · · · · · ·Does that sound right to everyone? | | | ·3· · · · · · · ·MR. THOMASON:· Yes. | | | ·4· · · · · · · ·MR. LUFT:· I ask to mark as Whitman | | | ·5· · · · ·Breed Deposition Exhibit 18, a document | | | ·6· · · · ·behind Tab 60, Bates stamped 008330 through | | | ·7· · · · ·34, which is an e-mail chain between | | | ·8· · · · ·Mr. Krasner and Ms. Conboy regarding | | | ·9· · · · ·33 Ferncliff dated February 10, 2021. | | | 10· · · · · · · ·(Whitman Breed Exhibit 18, e-mail | | | 11· · · · ·chain, Bates stamped WBAM_008330 through | | | 12· · · · ·334, was marked for identification at this | | | 13· · · · ·time.) | | | 14· · · · · · · ·MR. THOMASON:· Are you saying 8330 to | | | 15· · · · ·334? | | | 16· · · · · · · ·MR. LUFT:· Yes. | | | 17· · ·BY MR. LUFT: | | | 18· · · · ·Q.· · Ms. Conboy, do you recognize this | | | 19· ·e-mail chain between you and Mr. Krasner? | | | 20· · · · ·A.· · I don't remember it, but it's an | | | 21· ·e-mail chain between us, but I don't remember. | | | 22· · · · ·Q.· · Do you see Mr. Krasner in February of | | | 23· ·2021 talks about gifting 33 Ferncliff to a Qing | | | 24· ·Cai? | | | 25· · · · · · · ·Do you see that? | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 76 | |--------------------------------------------------------|---------------------------------------------------------|---------| | ·2· · · · ·A.· · Yes. | | | | | ·3· · · · ·Q.· · What do you recall about any | | | | ·4· ·discussions regarding the gifting of 33 Ferncliff | | | ·5· ·to a Qing Cai? | | | | | ·6· · · · ·A.· · I don't remember anything about that. | | | | ·7· ·I don't remember gifting it.· I don't remember if | | | | ·8· ·we ever even filed the deed quitclaiming it to | | | ·9· ·that person. | | | | | 10· · · · ·Q.· · And ultimately, that wasn't done | | | | 11· ·because in fact -- | | | | 12· · · · ·A.· · Title is still in Greenwich Land. | | | | 13· · · · ·Q.· · Right, because they sell it | | | 14· ·landlocked? | | | | | 15· · · · ·A.· · Yeah, so I don't remember. | | | | 16· · · · ·Q.· · Do you have any recollection about who | | | 17· ·Qing Cai was? | | | | 18· · · · ·A.· · No. | | | | | 19· · · · ·Q.· · Do you see from Exhibit 18, it appears | | | 20· ·that Qing Cai was the person -- the tenant living | | | | 21· ·at 33 Ferncliff Road? | | | | | 22· · · · ·A.· · That the -- Max has her -- has his or | | | | 23· ·her address as 33 Ferncliff. | | | | 24· · · · ·Q.· · Do you recall any discussion about | | | | 25· ·Mr. Kwok wanting to gift the property to Ms. Cai | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 77 | |---------------------------------------------------------|---------------------------------------------------------|---------| | ·2· ·or to anyone else? | | | | | ·3· · · · ·A.· · As I said, I haven't talked to -- I | | | | ·4· ·never talked to Mr. Kwok.· It was Max.· So I don't | | | | ·5· ·remember Max telling me about gifting it. | | | | ·6· · · · ·Q.· · But you understood Mr. Krasner worked | | | | ·7· ·for the owner, not that Mr. Krasner was the owner, | | | ·8· ·correct? | | | | | ·9· · · · ·A.· · Right, correct, correct. | | | | 10· · · · ·Q.· · Do you have any recollection about why | | | 11· ·the decision was made not to gift it and, in fact, | | | | 12· ·to hold onto the property? | | | | | 13· · · · ·A.· · No, I don't. | | | | 14· · · · ·Q.· · Okay.· Do you recall -- we've talked a | | | | 15· ·little bit about this -- that in April of 2022, in | | | 16· ·fact, 33 Ferncliff Road was sold? | | | | 17· · · · ·A.· · Right. | | | | | 18· · · · ·Q.· · When was the first time you heard that | | | 19· ·the owner of 33 Ferncliff wanted to sell the | | | | 20· ·property? | | | | | 21· · · · ·A.· · I -- I don't remember.· It would | | | 22· ·either be from Max or the broker.· I don't | | | | 23· ·remember which one. | | | | | 24· · · · ·Q.· · Did they ever tell you anything about | | | | 25· ·why they wanted to sell the house? | |

| ·2· · · · ·A.· · No.<br>·3· · · · ·Q.· · Did they ever discuss with you the<br>·4· ·fact that there was an order from a New York State<br>·5· ·Court restraining sale of assets of Mr. Kwok?<br>·6· · · · ·A.· · No.<br>·7· · · · ·Q.· · Or that they had been served process<br>·8· ·with regard to not selling this house?<br>·9· · · · ·A.· · No.<br>10· · · · ·Q.· · That's not something Mr. Krasner told<br>11· ·you, correct?<br>12· · · · ·A.· · No, correct.<br>13· · · · ·Q.· · How long do you recall the process<br>14· ·being from when the house -- when you were first<br>15· ·told that they were thinking of selling the house<br>16· ·to when it was sold?<br>17· · · · ·A.· · I don't remember the dates. I<br>18· ·don't -- I don't know.· I don't remember the<br>19· ·dates.<br>20· · · · ·Q.· · Do you recall it being a relatively<br>21· ·quick process?<br>22· · · · ·A.· · No.· I don't remember.· I don't<br>23· ·remember it being relatively quick.· I don't<br>24· ·remember how long it took.<br>25· · · · ·Q.· · Given the fact that at some point you | | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 78 | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|------------------------------------------|---------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 80 of 99

| | | Page 79 | |--------------------------------------------------------|--------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ·9· ·Greenwich bank account, do you have any knowledge | | | | 10· ·as to where the proceeds for 33 Ferncliff went | | | | 11· ·once they were transferred? | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 19· ·with her? | | | | | | | | | | | | 22· ·that refresh your recollection? | | | | | | | | | | | | | | | | | ·5· ·sold?<br>16· ·wife? | ·1· · · · · · · · · · MARGARET E. CONBOY<br>·2· ·were told that the property was going to be<br>·3· ·gifted, do you recall ever being surprised to hear<br>·4· ·that now they were -- now the property was to be<br>·6· · · · ·A.· · No, I -- no, I wasn't surprised.<br>·7· · · · ·Q.· · And other than the fact that the<br>·8· ·proceeds or the money were sent to the First<br>12· · · · ·A.· · No, no.· No.<br>13· · · · ·Q.· · Did you ever speak with Mrs. Kwok?<br>14· · · · ·A.· · No.<br>15· · · · ·Q.· · Do you know the name of Mr. Kwok's<br>17· · · · ·A.· · I have no idea, no.<br>18· · · · ·Q.· · Have you ever had any communications<br>20· · · · ·A.· · No.<br>21· · · · ·Q.· · If I said the name Hin Chi Nok, would<br>23· · · · ·A.· · Nope.<br>24· · · · ·Q.· · Were you ever given any instructions<br>25· ·from someone on behalf of Mr. -- Ms. Nok with |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 81 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 80 | |---------------------------------------------------------|---------------------------------------------------------|---------| | ·2· ·regard to any of the properties? | | | | | ·3· · · · ·A.· · Not that I'm aware of. | | | | ·4· · · · ·Q.· · Do you know if Ms. Nok had any | | | ·5· ·involvement whatsoever in connection with the sale | | | | ·6· ·of 33 Ferncliff? | | | | | ·7· · · · ·A.· · I have no idea. | | | | ·8· · · · ·Q.· · How about the debtor's son, Miles' | | | ·9· ·son, Guo? | | | | | 10· · · · ·A.· · I don't know, no. | | | | 11· · · · ·Q.· · Have you ever heard that name before? | | | | 12· · · · ·A.· · No, I haven't. | | | | 13· · · · ·Q.· · Have you ever heard the name Chen Guo? | | | 14· · · · ·A.· · No. | | | | | 15· · · · ·Q.· · Did you ever receive any instructions | | | 16· ·with regard to 33 Ferncliff that you were told | | | | 17· ·were being given on behalf of Mr. Chen Guo -- | | | | | 18· · · · ·A.· · Yeah, not that I'm aware of. | | | | 19· · · · ·Q.· · And the same question:· Were you ever | | | 20· ·given any -- were you ever told -- are you aware | | | | 21· ·of any involvement that Mae Guo had with -- in | | | | 22· ·connection with 33 Ferncliff? | | | | 23· · · · ·A.· · No. | | | | | 24· · · · ·Q.· · In all your communications with | | | 25· ·Mr. Krasner, did he ever tell you that he needed | | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 82 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 81 | |---------------------------------------------------------|--------------------------------------------------------|---------| | ·2· ·to get approval from Mr. Kwok's son prior to | | | | ·3· ·making any decisions? | | | | ·4· · · · ·A.· · No. | | | | | ·5· · · · ·Q.· · Did Mr. Krasner ever tell you that he | | | ·6· ·needed to get approval from Mr. Kwok's wife, | | | | | ·7· ·Ms. Nok, prior to making any decisions? | | | ·8· · · · ·A.· · No. | | | | | ·9· · · · ·Q.· · Did he ever tell you he needed to get | | | | 10· ·approval from Mr. Kwok's daughter, Ms. Mae Guo, | | | 11· ·prior to making any decisions? | | | | 12· · · · ·A.· · No. | | | | | 13· · · · ·Q.· · Is that true for all properties that | | | | 14· ·you looked at on behalf of Mr. Kwok? | | | 15· · · · ·A.· · Yes. | | | | 16· · · · ·Q.· · Okay. | | | | | 17· · · · · · · ·MR. LUFT:· We can put that to one | | | 18· · · · ·side. | | | | | 19· · · · ·Q.· · Now, there was another property that | | | 20· ·involved Mr. Kwok where you did not represent him, | | | | 21· ·right, 373 Taconic Road? | | | | | 22· · · · ·A.· · That's right. | | | | 23· · · · ·Q.· · And you represented the seller when | | | 24· ·Mr. Kwok was the buyer of that property, correct? | | | | | 25· · · · ·A.· · Correct. | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | | Page 82 | |-------------------------------------------------------|---------------------------------------------------------|---------| | | ·1· · · · · · · · · · MARGARET E. CONBOY | | | | ·2· · · · ·Q.· · And did you get a waiver such that you | | | | ·3· ·could represent the seller in that property even | | | | ·4· ·though Mr. Kwok was to be the buyer? | | | ·5· · · · ·A.· · Yes. | | | | | ·6· · · · ·Q.· · What do you recall about that | | | ·7· ·transaction? | | | | | ·8· · · · ·A.· · I don't recall anything unusual in the | | | | ·9· ·transaction, nothing out of the ordinary. | | | | 10· · · · ·Q.· · Okay.· Do you recall receiving | | | | 11· ·financial due diligence from the potential buyer | | | 12· ·prior to completing -- entering into a contract? | | | | | 13· · · · ·A.· · No, I don't. | | | | 14· · · · ·Q.· · How about once a contract was entered | | | 15· ·into? | | | | | 16· · · · ·A.· · No, I don't. | | | | 17· · · · ·Q.· · Do you recall if there was financing | | | 18· ·for this home? | | | | | 19· · · · ·A.· · Excuse me? | | | | 20· · · · ·Q.· · Do you recall if there was any | | | 21· ·financing for this home? | | | | | 22· · · · ·A.· · I don't -- I don't remember.· I don't | | | 23· ·know. | | | | | 24· · · · ·Q.· · Do you recall what funds Mr. Kwok used | | | | 25· ·to purchase 3073 Ferncliff -- Taconic Road -- | | | | | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 83 | |--------------------------------------------------------|---------------------------------------------------------|---------| | | | | | ·2· ·excuse me? | | | | | ·3· · · · ·A.· · I don't know. | | | | ·4· · · · ·Q.· · Okay.· And your client was a | | | ·5· ·Mr. Augustine, correct? | | | | | ·6· · · · ·A.· · Correct. | | | | ·7· · · · ·Q.· · And you had represented Mr. Augustine | | | ·8· ·previously? | | | | ·9· · · · ·A.· · Yes. | | | | | 10· · · · ·Q.· · Do you remember Mr. Emile deNeree was | | | 11· ·the broker on behalf of the buyer for that | | | | 12· ·transaction? | | | | | 13· · · · ·A.· · I don't remember. | | | | 14· · · · · · · ·MR. LUFT:· Let's mark as Whitman Breed | | | | 15· · · · ·Deposition Exhibit 19.· Is that right? | | | | 16· · · · · · · ·MR. THOMASON:· Yep. | | | | 17· · · · · · · ·MR. LUFT:· Great. | | | | 18· · · · · · · ·Document behind Tab 55.· Document | | | 19· · · · ·Bates stamped WBAM_009051 through 53, which | | | | 20· · · · ·I believe you'll tell me is an e-mail chain | | | | 21· · · · ·between yourself, Mr. deNeree, Mr. Krasner | | | | | 22· · · · ·and Ms. Bruno regarding 373 Taconic Road. | | | | 23· · · · · · · ·(Whitman Breed Exhibit 19, e-mail | | | | 24· · · · ·chain, Bates stamped WBAM_009051 through 53, | | | | 25· · · · ·was marked for identification at this time.) | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 84 | |---------------------------------------------------------|--------------------------------------------------------|---------| | ·2· · ·BY MR. LUFT: | | | | | ·3· · · · ·Q.· · Do you see that? | | | ·4· · · · ·A.· · Yes. | | | | | ·5· · · · ·Q.· · And, in fact, there's an earlier | | | ·6· ·e-mail in the chain also from a Ms. Julie Burke to | | | | | ·7· ·Mr. deNeree that starts this all off, right? | | | ·8· · · · ·A.· · Yes. | | | | | ·9· · · · ·Q.· · And she has questions regarding funds | | | 10· ·still being held in escrow, correct? | | | | 11· · · · ·A.· · Yes. | | | | | 12· · · · ·Q.· · And then Mr. deNeree writes to you on | | | 13· ·August 19th, and he says:· "Dear Margaret and | | | | 14· ·Max" -- that's you and Mr. Krasner, correct? | | | | | 15· · · · ·A.· · Correct. | | | | 16· · · · ·Q.· · "The sellers for 373 Taconic" -- and | | | 17· ·that's Mr. Augustine, your client, right? | | | | 18· · · · ·A.· · Yes. | | | | | 19· · · · ·Q.· · "Which was bought by Miles under | | | 20· ·Greenwich Land" -- and that's Mr. Kwok purchasing | | | | 21· ·it through Greenwich Land, correct? | | | | | 22· · · · ·A.· · I -- yeah, that's what it says. | | | 23· ·That's what the e-mail says. | | | | | 24· · · · ·Q.· · Did you have any different | | | 25· ·understanding about the transaction? | | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 85 | |-------------------------------------------------------|-------------------------------------------------------|---------| | | ·2· · · · ·A.· · I don't remember how they purchased | | | ·3· ·it.· I really don't remember. | | | | | ·4· · · · ·Q.· · Okay.· "Are asking that the escrow | | | ·5· ·accounts be released." | | | | ·6· · · · · · · ·Do you see that? | | | | ·7· · · · ·A.· · Yes. | | | | | ·8· · · · ·Q.· · And you inform Mr. deNeree that you | | | ·9· ·represented Mr. Augustine, so either Mr. Krasner | | | | 10· ·or the purchasing attorney would be the one that | | | | 11· ·needed to be contacted, correct? | | | | 12· · · · ·A.· · Correct. | | | | | 13· · · · ·Q.· · And Mr. deNeree was the broker for | | | 14· ·the buyer, not the seller, correct? | | | | | 15· · · · ·A.· · I don't remember, but it looks like | | | 16· ·that from the e-mail. | | | | | 17· · · · ·Q.· · And he's saying -- as the broker for | | | 18· ·the buyer, he's saying that the house was | | | | 19· ·bought -- he's telling you that the house was | | | | 20· ·bought by Mr. Kwok under the name of Greenwich | | | | 21· ·Land; correct? | | | | 22· · · · ·A.· · Right. | | | | 23· · · · ·Q.· · Okay. | | | | | 24· · · · · · · ·When was the last transaction you | | | | 25· ·performed on behalf of Mr. Kwok, Greenwich Land, | |

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 87 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 86 | | |---------------------------------------------------------|---------------------------------------------------------|---------|--| | ·2· ·Golden Springs or any other entity affiliated with | | | | | | ·3· ·Mr. Kwok? | | | | | ·4· · · · ·A.· · It was the sale of Ferncliff. | | | | | ·5· · · · ·Q.· · And otherwise, you were just -- you | | | | | ·6· ·were on the opposite side of the transaction with | | | | | ·7· ·regard to 373 Taconic Road, correct? | | | | ·8· · · · ·A.· · Correct. | | | | | | ·9· · · · ·Q.· · Have you ever been on the opposite | | | | | 10· ·side of any other transactions involving Mr. Kwok? | | | | | 11· · · · ·A.· · No.· Not that I'm aware of, no. | | | | | 12· · · · ·Q.· · Since the Ferncliff property, has | | | | 13· ·Mr. Kwok or Mr. Krasner or anyone else affiliated | | | | | 14· ·with Mr. Kwok ever reached out to you with | | | | | | 15· ·regard -- or your firm with regard to any other | | | | 16· ·potential work? | | | | | | 17· · · · ·A.· · I don't think so.· Not that I recall. | | | | | 18· · · · ·Q.· · Are you aware of any other attorneys | | | | 19· ·that have represented Mr. Kwok in connection with | | | | | 20· ·real estate dealings? | | | | | | 21· · · · ·A.· · No, not that I know of.· Just 373 | | | | 22· ·but -- I don't -- that's it. | | | | | | 23· · · · ·Q.· · Other than finding out through Google | | | | 24· ·that Mr. Kwok is a billionaire of Chinese descent, | | | | | | 25· ·what else did you learn about Mr. Kwok in your | | | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 88 of 99

| ·1· · · · · · · · · · MARGARET E. CONBOY | | Page 87 | | |-------------------------------------------------------|--------------------------------------------------------|---------|--| | ·2· ·dealings with him? | | | | | | ·3· · · · ·A.· · That was it.· I really didn't learn | | | | | ·4· ·too much about him. | | | | | ·5· · · · ·Q.· · Did any of the brokers ever tell you | | | | | ·6· ·anything about Mr. Kwok? | | | | | ·7· · · · ·A.· · No.· Not that I remember, no. | | | | | ·8· · · · ·Q.· · Did you ever come to learn anything | | | | ·9· ·about the entity called "Greenwich Land" other | | | | | 10· ·than what we've discussed today? | | | | | 11· · · · ·A.· · No. | | | | | | 12· · · · ·Q.· · Do you know of any person other than | | | | 13· ·Mr. Kwok who has any interest or control over | | | | | 14· ·Greenwich Land? | | | | | | 15· · · · ·A.· · I have no idea. | | | | | 16· · · · ·Q.· · Were you ever told that there was | | | | 17· ·anyone other than Mr. Kwok who controlled | | | | | 18· ·Greenwich Land? | | | | | | 19· · · · ·A.· · I wasn't told who, as I said, | | | | 20· ·controlled it. | | | | | | 21· · · · ·Q.· · Were you ever told who had controlled | | | | 22· ·Golden Spring? | | | | | 23· · · · ·A.· · No. | | | | | | 24· · · · ·Q.· · Were you ever told that there was any | | | | 25· ·decision maker other than Mr. Kwok in connection | | | | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

Case 22-50073 Doc 1604-40 Filed 03/27/23 Entered 03/27/23 14:12:10 Page 89 of 99

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 88 | |--------------------------------------------------------|---------------------------------------------------------|---------| | ·2· ·with real estate transactions related to the work | | | | ·3· ·you were doing for Golden Spring, Greenwich Land, | | | | | ·4· ·or Hudson Diamond? | | | | ·5· · · · ·A.· · I was never told who was making the | | | | ·6· ·decisions on any of them. | | | | ·7· · · · ·Q.· · Except -- well -- | | | | ·8· · · · ·A.· · Yeah, except in the e-mails, whatever | | | | ·9· ·was sent to me, but that was it. | | | | 10· · · · ·Q.· · And in those e-mails, the only person | | | | 11· ·referenced was Miles Kwok, correct? | | | | 12· · · · ·A.· · Correct. | | | | 13· · · · · · · ·MR. LUFT:· Okay.· Why don't we take a | | | 14· · · · ·quick break. | | | | 15· · · · · · · ·MR. THOMASON:· How long are you | | | | 16· · · · ·thinking? | | | | | 17· · · · · · · ·MR. LUFT:· Ten minutes? | | | | 18· · · · · · · ·MR. THOMASON:· Okay.· I'll go run over | | | 19· · · · ·to the accounting people and see if I can | | | | 20· · · · ·get that question answered. | | | | | 21· · · · · · · ·MR. LUFT:· Yeah, if you could check | | | | 22· · · · ·for that account number, too, that would be | | | 23· · · · ·great. | | | | | 24· · · · · · · ·MR. THOMASON:· Okay.· Thanks. | | | | 25· · · · · · · ·VIDEOGRAPHER:· We're going off the | | | | | |

TSG Reporting - Worldwide Worldwide· · 877-702-9580

| | Page 89 | | |---------------------------------------------------------|---------|--| | ·1· · · · · · · · · · MARGARET E. CONBOY | | | | ·2· · · · ·record at 12:23 p.m. | | | | ·3· · · · · · · ·(Recess.) | | | | ·4· · · · · · · ·VIDEOGRAPHER:· We are back on the | | | | ·5· · · · ·record at 12:38 p.m. | | | | ·6· · ·BY MR. LUFT: | | | | ·7· · · · ·Q.· · Ms. Conboy, I'm going to ask you to | | | | ·8· ·pull out Deposition Exhibit 17 again, which was | | | | ·9· ·Bates stamped WBAM_00002 through 00005. | | | | 10· · · · · · · ·Do you have that in front of you? | | | | 11· · · · ·A.· · I do. | | | | 12· · · · ·Q.· · Okay.· Now, your counsel has told me | | | | 13· ·he's going to send me a non-redacted version with | | | | 14· ·regard to the account for First Bank of Greenwich, | | | | 15· ·so that will take care of that.· Okay? | | | | 16· · · · ·A.· · Right.· Sure, yep. | | | | 17· · · · ·Q.· · And then I believe -- and I just want | | | | 18· ·to clarify, because I believe you've done a little | | | | 19· ·digging, which is very helpful, which is to say | | | | 20· ·the entries with regard to which bank, whether it | | | | 21· ·be Capital One or First Greenwich, all those -- | | | | 22· ·those are actual manual entries done by Whitman | | | | 23· ·Breed's accounting department based on the | | | | 24· ·information they know to be true, correct? | | | | 25· · · · ·A.· · That's right, yeah, correct. | | |

| | ·1· · · · · · · · · · MARGARET E. CONBOY | Page 90 | | |---------------------------------------------------------|-------------------------------------------------------|---------|--| | ·2· · · · ·Q.· · Terrific. | | | | | | ·3· · · · · · · ·MR. LUFT:· Okay.· You can put that | | | | | ·4· · · · ·aside. | | | | | ·5· · · · · · · ·THE WITNESS:· Okay. | | | | | ·6· · · · ·Q.· · Okay.· All right.· Ms. Conboy, we've | | | | | ·7· ·talked about a number of properties today. I | | | | ·8· ·believe every one we've talked about, with the | | | | | ·9· ·exception of 373 Taconic, are properties that you | | | | | | 10· ·represented Mr. Kwok's interests in as potential | | | | 11· ·purchases.· I know -- is that correct? | | | | | | 12· · · · ·A.· · Correct, correct. | | | | | 13· · · · ·Q.· · And for all of those, I believe you | | | | 14· ·interacted with Mr. Max Krasner as the | | | | | | 15· ·representative of Mr. Kwok, correct? | | | | | 16· · · · ·A.· · Correct. | | | | 17· · · · ·Q.· · Okay. | | | | | 18· · · · ·A.· · Right. | | | | | | 19· · · · ·Q.· · In your dealings with Mr. Krasner as | | | | 20· ·Mr. Kwok's representative in connection with the | | | | | 21· ·purchase of 33 Ferncliff, was there any difference | | | | | 22· ·in how you interacted with him with regard to that | | | | | 23· ·property as opposed to the interactions you had | | | | | 24· ·with Mr. Krasner in connection with any of the | | | | | 25· ·other properties Mr. Kwok considered purchasing | | | |

| ·1· · · · · · · · · · MARGARET E. CONBOY | Page 91 | | | | | |--------------------------------------------------------|---------|--|--|--|--| | | | | | | | | ·2· ·but did not purchase? | | | | | | | ·3· · · · ·A.· · No, no. | | | | | | | ·4· · · · ·Q.· · Great. | | | | | | | ·5· · · · · · · ·MR. LUFT:· Ms. Conboy, one last thing | | | | | | | ·6· · · · ·of housekeeping we talked about is that as | | | | | | | ·7· · · · ·we -- I've talked with your counsel, I | | | | | | | ·8· · · · ·mentioned to you, we're going to work on an | | | | | | | ·9· · · · ·affidavit or declaration with regard to | | | | | | | 10· · · · ·authentication and business record just so | | | | | | | 11· · · · ·we could save your time, but subject to | | | | | | | 12· · · · ·getting that wrapped up and getting a | | | | | | | 13· · · · ·declaration put in, I have no further | | | | | | | 14· · · · ·questions for you at this time. | | | | | | | 15· · · · · · · ·Thank you very much. | | | | | | | 16· · · · · · · ·THE WITNESS:· Thank you.· Thank you. | | | | | | | 17· · · · · · · ·VIDEOGRAPHER:· Did you have anything, | | | | | | | 18· · · · ·Mr. Thomason? | | | | | | | 19· · · · · · · ·MR. THOMASON:· No. | | | | | | | 20· · · · · · · ·VIDEOGRAPHER:· Okay.· Are we all set | | | | | | | 21· · · · ·to go off the record, Counsel? | | | | | | | 22· · · · · · · ·MR. LUFT:· We are. | | | | | | | 23· · · · · · · ·VIDEOGRAPHER:· This concludes today's | | | | | | | 24· · · · ·testimony of Margaret E. Conboy.· We're | | | | | | | 25· · · · ·going off the record at 12:41 p.m.· This | | | | | | | | | | | | |

| ·1 | | |----|---------------------------------------------------------| | | ·2· · · · ·also concludes Media 2. | | | ·3· · · · · · · ·(Whereupon the proceedings were | | | ·4· · · · ·concluded at 12:41 p.m.) | | | ·5· · · · · · · · · · · · · oOo | | | ·6· · · · · · · ·I, MARGARET E. CONBOY, the witness | | | ·7· · · · ·herein, do hereby certify that the foregoing | | | ·8· · · · ·testimony of the pages of this deposition to | | | ·9· · · · ·be a true and correct transcript, subject to | | | 10· · · · ·the corrections, if any, shown on the | | | 11· · · · ·attached page. | | | 12· · · · · · · · · · · · · ·__________________________ | | | 13· · · · · · · · · · · · · ·MARGARET E. CONBOY | | | 14· ·Subscribed and sworn to before me this | | | 15· ·_______day of _______________,_______. | | 16 | | | | 17· ·_____________________________________ | | 18 | | | 19 | | | 20 | | | 21 | | | 22 | | | 23 | | | 24 | | | 25 | | | | |

| ·1 | | Page 93 | |----|--------------------------------------------------------------------------------------------------------|---------| | | ·2· · · · · · · · · · · CERTIFICATE | | | | ·3· · · · · · ·I, AMY A. RIVERA, a Certified Shorthand | | | | ·4· ·Reporter, Registered Professional Reporter, | | | | ·5· ·Certified LiveNote Reporter, and Notary Public of | | | | ·6· ·the State of New Jersey, do hereby certify that | | | | ·7· ·prior to the commencement of the examination | | | | ·8· ·MARGARET E. CONBOY, was duly sworn by me to testify | | | | ·9· ·the truth, the whole truth and nothing but the | | | | 10· ·truth. | | | | 11· · · · · · ·I DO FURTHER CERTIFY that the foregoing is | | | | 12· ·a true and accurate transcript of the testimony as | | | | 13· ·taken stenographically by and before me at the time, | | | | 14· ·place and on the date hereinbefore set forth. | | | | 15· · · · · · ·I DO FURTHER CERTIFY that I am neither a | | | | 16· ·relative nor employee nor attorney nor counsel of | | | | 17· ·any of the parties to this action, and that I am | | | | 18· ·neither a relative nor employee of such attorney or | | | | 19· ·counsel, and that I am not financially interested in | | | | 20· ·the action. | | | 21 | | | | | 22· · · · · · ·________________________________________ | | | | · · · · · · · ·Amy A. Rivera, CSR, RPR, CLR<br>23· · · · · · ·Notary Public of the State of New Jersey | | | | · · · · · · · ·My commission expires July 29, 2025<br>24· · · · · · ·License No. XI00939 | | | | 25· ·Dated:· February 21, 2023 | |

| ·1 | | Page 94 | |----|---------------------------------------------------------|---------| | | ·2· · · · · · · · · · · · ·INDEX | | | | ·3· ·WITNESS· · · · · · · · · · · · · · · · · · · ·PAGE | | | | ·4· ·MARGARET E. CONBOY | | | | ·5· ·By Mr. Luft· · · · · · · · · · · · · · · · · · · 6 | | | ·6 | | | | | ·7· · · · · · · · · · · · EXHIBITS | | | | ·8· ·NUMBER· · · · · · · · · ·DESCRIPTION· · · · · PAGE | | | | ·9· ·Whitman Breed Exhibit 1· Letter dated October· ·19 | | | | 10· · · · · · · · · · · · · · 1, 2018, Bates | | | | 11· · · · · · · · · · · · · · stamped WBAM_001464 | | | | 12· · · · · · · · · · · · · · through 465 | | | | 13· ·Whitman Breed Exhibit 2· E-mail dated October· ·21 | | | | 14· · · · · · · · · · · · · · 3, 2019, Bates | | | | 15· · · · · · · · · · · · · · stamped WBAM_10076 | | | | 16· ·Whitman Breed Exhibit 3· Letter dated August· · 23 | | | | 17· · · · · · · · · · · · · · 16, 2019, Bates | | | | 18· · · · · · · · · · · · · · stamped WBAM_000035 | | | | 19· · · · · · · · · · · · · · through 36 | | | | 20· ·Whitman Breed Exhibit 4· E-mail chain, Bates· · 25 | | | | 21· · · · · · · · · · · · · · stamped WBAM_002235 | | | | 22· · · · · · · · · · · · · · through 237 | | | | 23· ·Whitman Breed Exhibit 5· E-mail chain, Bates· · 29 | | | | 24· · · · · · · · · · · · · · stamped WBAM_001048 | | | | 25· · · · · · · · · · · · · · through 54 | | | | | |

| ·1 | | Page 95 | |----|---------------------------------------------------------|---------| | | ·2· · · · · · · · · EXHIBITS (Continued) | | | | ·3· ·NUMBER· · · · · · · · · ·DESCRIPTION· · · · · PAGE | | | | ·4· ·Whitman Breed Exhibit 6· E-mail chain, Bates· · 30 | | | | ·5· · · · · · · · · · · · · · stamped WBAM_002663 | | | | ·6· · · · · · · · · · · · · · through 672 | | | | ·7· ·Whitman Breed Exhibit 7· E-mail chain, Bates· · 33 | | | | ·8· · · · · · · · · · · · · · stamped WBAM_002803 | | | | ·9· · · · · · · · · · · · · · through 808 | | | | 10· ·Whitman Breed Exhibit 8· E-mail chain, Bates· · 36 | | | | 11· · · · · · · · · · · · · · stamped WBAM_002172 | | | | 12· · · · · · · · · · · · · · through 173 | | | | 13· ·Whitman Breed Exhibit 9· E-mail chain, Bates· · 41 | | | | 14· · · · · · · · · · · · · · stamped WBAM_003873 | | | | 15· · · · · · · · · · · · · · through 876 | | | | 16· ·Whitman Breed Exhibit 10 E-mail chain, Bates· · 46 | | | | 17· · · · · · · · · · · · · · stamped WBAM_003873 | | | | 18· · · · · · · · · · · · · · through 876 | | | | 19· ·Whitman Breed Exhibit 11 E-mail chain, Bates· · 50 | | | | 20· · · · · · · · · · · · · · stamped WBAM_008335 | | | | 21· · · · · · · · · · · · · · through 339 | | | | 22· ·Whitman Breed Exhibit 12 E-mail chain, Bates· · 52 | | | | 23· · · · · · · · · · · · · · stamped WBAM_008641 | | | | 24· · · · · · · · · · · · · · through 643 | | | 25 | | |

| ·1 | | | | | Page 96 | |----|-----------------------------------------------|---------------------------------------------------------|--|--|---------| | | ·2· · · · · · · · · EXHIBITS (Continued) | | | | | | | | ·3· ·NUMBER· · · · · · · · · ·DESCRIPTION· · · · · PAGE | | | | | | | ·4· ·Whitman Breed Exhibit 13 E-mail chain, Bates· · 58 | | | | | | | ·5· · · · · · · · · · · · · · stamped WBAM_006317 | | | | | | | ·6· ·Whitman Breed Exhibit 14 E-mail dated August· · 61 | | | | | | ·7· · · · · · · · · · · · · · 20, 2019, Bates | | | | | | | | ·8· · · · · · · · · · · · · · stamped WBAM_0101021 | | | | | | | ·9· ·Whitman Breed Exhibit 15 E-mail chain, Bates· · 63 | | | | | | | 10· · · · · · · · · · · · · · stamped WBAM_006741 | | | | | | | 11· ·Whitman Breed Exhibit 16 E-mail chain, Bates· · 64 | | | | | | | 12· · · · · · · · · · · · · · stamped WBAM_007160 | | | | | | 13· · · · · · · · · · · · · · through 164 | | | | | | | | 14· ·Whitman Breed Exhibit 17 Trust Ledger, Bates· · 65 | | | | | | | 15· · · · · · · · · · · · · · stamped WBAM_000002 | | | | | | 16· · · · · · · · · · · · · · through 5 | | | | | | | | 17· ·Whitman Breed Exhibit 18 E-mail chain, Bates· · 75 | | | | | | | 18· · · · · · · · · · · · · · stamped WBAM_008330 | | | | | | 19· · · · · · · · · · · · · · through 334 | | | | | | | | 20· ·Whitman Breed Exhibit 19 E-mail chain, Bates· · 83 | | | | | | | 21· · · · · · · · · · · · · · stamped WBAM_009051 | | | | | | 22· · · · · · · · · · · · · · through 53 | | | | | | 23 | | | | | | | 24 | | | | | | | 25 | | | | | |

| ·1 | | Page 97 | |----|--------------------------------------------------|---------| | | ·2· · · · · · · · ·REQUEST FOR PRODUCTION | | | | ·3· ·PAGE/LINE· · · DESCRIPTION | | | | ·4· · 73· ·18· · · ·We'd ask that you provide us | | | | ·5· · · · · · · · · with the full account number | | | ·6 | | | | ·7 | | | | ·8 | | | | ·9 | | | | 10 | | | | 11 | | | | 12 | | | | 13 | | | | 14 | | | | 15 | | | | 16 | | | | 17 | | | | 18 | | | | 19 | | | | 20 | | | | 21 | | | | 22 | | | | 23 | | | | 24 | | | | 25 | | |

| 1· · · · · · · · · · ERRATA SHEET | Page 98 | |--------------------------------------------------------------|---------| | 2· Case Name: | | | 3· Deposition Date: | | | 4· Deponent: | | | 5· Pg.· No. Now Reads· · ·Should Read· Reason | | | 6· ___· ___ __________· · __________· ·____________________ | | | 7· ___· ___ __________· · __________· ·____________________ | | | 8· ___· ___ __________· · __________· ·____________________ | | | 9· ___· ___ __________· · __________· ·____________________ | | | 10· ___· ___ __________· · __________· ·____________________ | | | 11· ___· ___ __________· · __________· ·____________________ | | | 12· ___· ___ __________· · __________· ·____________________ | | | 13· ___· ___ __________· · __________· ·____________________ | | | 14· ___· ___ __________· · __________· ·____________________ | | | 15· ___· ___ __________· · __________· ·____________________ | | | 16· ___· ___ __________· · __________· ·____________________ | | | 17· ___· ___ __________· · __________· ·____________________ | | | 18· ___· ___ __________· · __________· ·____________________ | | | 19· ___· ___ __________· · __________· ·____________________ | | | 20· · · · · · · · · · · · · · · · · _____________________ | | | 21· · · · · · · · · · · · · · · · · Signature of Deponent | | | 22· SUBSCRIBED AND SWORN BEFORE ME | | | 23· THIS ____ DAY OF __________, 2023. | | | 24· ____________________ | | | 25· (Notary Public)· ·MY COMMISSION EXPIRES:__________ | | | | |