From: Kelley Lynch <kelley.lynch.2010@gmail.com>
Date: Mon, Dec 1, 2014 at 11:33 AM
Subject: Traditional Holdings, LLC
To: Jeffrey Korn cc: IRS, FBI, DOJ & Multiple Recipients
Jeffrey,
According to the State of Kentucky, Richard Westin did not rectify my ownership interest in Traditional Holdings, LLC. According to the IRS, nothing was modified or amended after 2003. Has your client taken the position that, although he was evidently entitled to an annuity obligation, TH was not active in 2004 and 2005? I still have to address these matters on my 2004 and 2005 federal and California tax returns. I will remind you that Cohen's loans and expenditures re. Traditional Holdings, LLC totaled in excess of $6.7 million as of 2004 and this should be addressed on the federal tax returns. While I see approximately $2 million in shareholder loans on one TH federal return, it is unclear what that represents.
I will also remind you that your client demanded complex stock deals. They benefited no one other than your client. Richard Westin personally offered alternatives and noted that Cohen was requesting aggressive tax planning. Cohen's Complaint clearly states that Westin did not file state tax returns in Kentucky. Is it your position that the State of Kentucky requires state tax returns with respect to TH?
I do intend to seek legal advice and ultimately want my name removed from the TH Kentucky corporate records. Kentucky views the Operating Agreement as the governing document so please review that document. See attached and link to Articles of Organization which were not amended or rectified. Did Cohen perjure himself when he testified that Richard Westin rectified a mistake with respect to my ownership interest in TH because nothing was rectified with the State of Kentucky or IRS with respect to this entity. I will address Cohen's testimony in my motion and federal lawsuit.
http://apps.sos.ky.gov/
The default judgment does not state that Cohen has no obligation or responsibility to provide me with IRS required form 1099 for 2004 or other corporate documents. It doesn't mention "tax" information at all.
I have asked to inspect the corporate books and records and tax returns for numerous entities. I would also appreciate your advising me if your client has taken the position that TH was active or inactive in 2004 and 2005 and on what basis a determination was made.
Kelley Lynch