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Home Source documents Exhibit 93, FW: Confidential: State of California — Blue Flame v. Chain Bridge (Document 131-28)

Exhibit 93, FW: Confidential: State of California — Blue Flame v. Chain Bridge (Document 131-28)

Summary

Exhibit 93, Document 131-28, filed May 7, 2021 in Case 1:20-cv-00658-LMB-IDD: forwarded emails with the subject "Confidential: State of California", sent to Art Neville on 6/15/2020. In one, Alexander Leonard writes, based on conversations with the Deputy State Treasurer, that the matter was not confirmed as fraud and that the State Treasurer's Office debriefed with the FBI the day before. In another dated March 27, 2020, Art Neville writes that the State Treasurer confirmed the State will not be re-issuing the $500mm wire to the same vendor, that the funds have been returned to the State Controller, and that the Department of General Services is looking for another vendor.

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Date
2021-05-07

Cite this document

“Exhibit 93, FW: Confidential: State of California — Blue Flame v. Chain Bridge (Document 131-28).” Original at ecf.vaed.uscourts.gov, dated 2021-05-07. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-05-07-state-treasurer-s-office-debriefed-with-fbi-yesterday/, SHA-256 ad7886aee6d4293493d2d5af4f91f129461b44b56393d0fe98f8cb5c40456921.

Full text

EXHIBIT 93

Case 1:20-cv-00658-LMB-IDD     Document 131-28     Filed 05/07/21     Page 1 of 3 PageID#
2279

From:
To:
Sent:
Subject:
Korpal, Rakesh <Rakesh.Korpal@jpmchase.com>
Neville, Art <art.neville@jpmorgan.com>
6/15/2020 10:29:49 PM
FW: Confidential: State of California
Redacted:
From: Leonard, Alexander B (CB, USA)
Sent: Friday, March 27, 2020 2:43 PM
To: Neville, Art (CB, USA) ; Grant, Alex X (CB, USA)
AWP
Cc: Wilkening, Daniel D (CB, USA); Page, Brian L (CB, USA); Korpal, Rakesh (CIB OPS, USA); Cantrell, June
M (CB, USA); Pope, Joshua N (CIB, USA); Kelly, Mike J ; Nevins, Michael J (CB, USA)
Subject: Confidential: State of California
While it was not confirmed as fraud, based on my conversations with the Deputy State Treasurer last night:
State Treasurer's Office debriefed with FBI yesterday
STO operated under a valid warrant from the State Controller's Office
A conversation prior to the wire had occurred with the Director of DGS which handles the procurement
and highlighted a need to escalate
The Deputy Treasurer believes there are several red flags to the transaction that the State should have flagged.
While meeting the minimum fiduciary requirements, he felt that multiple departments fell short in how this was
handled.
The State is extremely grateful for J.P. Morgan's leadership and the steps we took to get this money recovered.
Calls continued to transpire last evening amongst the state elected officials including notification to the Governor's
Office.
Alex Leonard I Managing Director. Industry Manager - Pacific Government I Commercial Bank I J.P. Morgan 1560 Mission Street. 4th Floor. San Francisco. CA 941051
T: (415) 315-79881 M: (415) 310-65651 F: (415) 226-0758 I alexander.b.leonard@jpmorgan.com1 [pmorgnn.com
Alternate Contact: Yolanda Hiller IT: (415) 315-56321 yolanda.g.hiller@jpmorgan.com
From: Neville, Art (CB, USA)
Sent: Friday, March 27, 2020 11 :31 AM
To: Grant, Alex X (CB, USA) <allexxgrant@ipmorgan.com>
Highly Confidential
JPMC-00000392
Case 1:20-cv-00658-LMB-IDD     Document 131-28     Filed 05/07/21     Page 2 of 3 PageID#
2280

Cc: Wilkening, Daniel D (CB, USA) <daniiell .. d..wiillkeniing.@chase .. com>; Prieto, Ana C (CB, USA)
<ana.c .. priieto@,jpmorgan.com>; Brown, Tamara X (CB, USA) <tamara.xbrown@jpmorgan.com>; Leonard,
Alexander B (CB, USA) <allexander .. b .. lleonard@jpmorgan.com>; Page, Brian L (CB, USA)
<briian.II.pag_§._@,jpmorgancom>; Korpal, Rakesh (CIB OPS, USA) <IRakesh IKorpall@ipmchase.com>; Cantrell,
June M (CB, USA) <june .. m..cantrellll@chase.com>; Pope, Joshua N (CIB, USA) <joshua.n.pope@chase .. com>
Subject: RE: State of California
Alex & team,
The State Treasurer confirmed today that they will not be re-issuing the $500mm wire to the same vendor. They
funds have been returned to the State Controller. They did not confirm fraud, but only that Dept of General
Services is looking for another vendor. They are extremely grateful for our intervention.
Art
Art Neville I Executive Director I Government Banking I J.P. Morgan 11415 L Street, Suite 650 I Sacramento, CA 958141T916491 3327 I Cell: 916 600
1071 I art.neville@jpmorgan.com I ipmorgan.com
From: Grant, Alex X (CB, USA)
Sent: Friday, March 27, 2020 10:57 AM
To: Neville, Art (CB, USA) <artneviilllle@jpmorgan.com>
Subject: State of California
Art
Any update on the payment, do they want to pay again or is it fraud
Alec
Alec Grant I Managing Director I Client Fraud Prevention I Commercial Banking I Chase IT 212 623 8716 IM: 646 483 4952 I Alex X Grant@jpmorgan com
Highly Confidential
JPMC-00000393
Case 1:20-cv-00658-LMB-IDD     Document 131-28     Filed 05/07/21     Page 3 of 3 PageID#
2281

File and source

File
gov.uscourts.vaed.477405.131.28.pdf
Size
111,050 bytes
SHA-256
ad7886aee6d4293493d2d5af4f91f129461b44b56393d0fe98f8cb5c40456921
Our copy
gov.uscourts.vaed.477405.131.28.pdf
Original
PACER (login required)
  1. Subject: Attachment order 002 revisesame docket · 2021-05-07
  2. Sku Description Brand Min. Order Price Range Shipssame docket · 2021-05-07
  3. Subject to Protective Order — Blue Flame Medical LLC v. Chain Bridge Bank, N.A., et al., No. 1:20-cv-00658same docket · 2021-05-07
  4. requirements/agreements required by the Federal Reserve (Fed) when using their systemsame docket · 2021-05-07
  5. Thank you, Michael. If you have the order or any additional documentation that'll make my lifesame docket · 2021-05-07
  6. Rebuttal Expert Report of Sean O’Malleysame docket · 2021-05-07
  7. Exhibit 67: Privileged and Confidential Timeline, March 25–26, 2020 — Blue Flame v. Chain Bridge, Case 1:20-cv-00658, Doc. 132-67 (Filed 05/07/21)same docket · 2021-05-07
  8. Please find the wiring and verification letterssame docket · 2021-05-07
  9. Expert Report Of Laura B. Stammsame docket · 2021-05-07
  10. working with him to fill extremely large orders for PPE. I think he also talked about othersame docket · 2021-05-07
  11. David M. Evinger’S Memorandum In Support Ofsame docket · 2021-05-07
  12. Remote Videotaped Deposition of Ethan Bearman — Blue Flame Medical LLC v. Chain Bridge Bank, N.A. (Exhibit 106, Document 142-7)same docket · 2021-05-20
  13. Blue Flame v. Chain Bridge — JPMorgan Responses to Interrogatories (Exhibit 97)same docket · 2021-05-07
  14. 24 Reported By: — Blue Flame Medical LLC v. Chain Bridge Bank, N.A., et al., No. 1:20-cv-00658same docket · 2021-05-20
  15. Expert Report of Charles H. Grice — Blue Flame Medical LLC v. Chain Bridge Bank, N.A., et al., No. 1:20-cv-00658same docket · 2021-05-07
  16. Appendix A: Plaintiff Blue Flame Medical LLC's Memorandum of Law in Support of Its Motion for Partial Summary Judgment — Case 1:20-cv-00658, Doc. 140-1 (Filed 05/20/21)same docket · 2021-05-20
  17. Expert Report of Thomas C. Baxter, Jr. — Confidential Under Protective Order (Exhibit 98, Document 131-33)same docket · 2021-05-07
  18. Plaintiff Blue Flame Medical LLC's Memorandum of Law in Opposition to Defendants' Motion for Summary Judgment — Case 1:20-cv-00658, Doc. 149 (Filed 05/20/21)same docket · 2021-05-20
  19. Exhibit 5 — Case 1:20-cv-00658-LMB-IDD, Document 132-5, Filed 05/07/21same docket · 2021-05-07
  20. Originator to Beneficiary: by Order of Department of Generalsame docket · 2021-05-07

Part of: E.D. Va., CourtListener docket 477405 · Other pandemic litigation · Briefs and memoranda · Federal court dockets (PACER) · 2021 · Source documents

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