stevedelbiancowaysandmeanstestimony5.22.13
TRANSCRIPT
8/11/2019 SteveDelBiancoWaysandMeansTestimony5.22.13
http://slidepdf.com/reader/full/stevedelbiancowaysandmeanstestimony52213 1/4
!"#$%&'(" !"#$#%&'( *#'+,'&,'-,. */#&-,. 0'1 *#$$,"-, #' 2/, 3,%
!"#$# &#'()*+,-. /0#,1")$# &)2#,"-2
3453 6 !" 78. !1)"# 95:
8*;<)+="-+. &> :5559
:5:?4:5?@4A:
BBBC+#",<-),#C-2=
D*E :3. :53F
!#+*"-2 G)H !,<*II#2. ><*)2H*+
J<)- !#+*"#
3 >*K)"-' !L1*2#
>-'1HM1;. J<)- 4F:39?4:35
N/O !""#$%&%#' &# )* +, -./&%#' +01,2345 6 78.9&%': 9 ;.< =9> #' !?%# [email protected]$
&#*2 ><*)2H*+ !,<*II#2 *+P D#HM#2; -I "<# !#+*"# 8*E; *+P D#*+; >-HH)""##O
8# #+,-12*=# E-1 "- 2#Q#," !#,")-+ 9@FRC5A3 S')+#; 334.494?334.4@3T -I U( 9R M#,*1;# )" )HK-;#; *+
1+B-2V*M'# +#B "*0 -+ ;#2$),#; K2-$)P#P ME J<)- "2*$#' *=#+"; *+P -+')+# "2*$#' ,-HK*+)#;C G<);
;#,")-+ )HK-;#; * +#B "*0 -+ "<# I##; "2*$#' *=#+"; ,<*2=# I-2 2#;#*2,<)+=. ,-HK*2)+=. *+P M--V)+=
2--H; I-2 "2*$#'#2;C
>)")#; *+P ;"*"#; I*$-2 <-"#' "*0#; ;)+,# "<#E I*'' H-;"'E -+ $);)"-2; W +-" -+ 2#;)P#+" $-"#2;C (1" 1+P#2
!#,")-+ 9@FRC5A3. "<); *KK2-*,< B-1'P M*,VI)2# ;)+,# "<# +#B ;#2$),# "*0 B-1'P M# K*)P #'45 ME J<)-
,)")X#+; W '#% 65 %"0+,4,"7 I2-H -1"?-I?;"*"#C Y+P "<# "*0 B-1'P #'45 &$80-% J<)- M1;)+#;;#; ')V#
B#PP)+= *+P ,-+$#+")-+ K'*++#2;C
*"(#'&+ ,-./0123 '45&6"6 7 +"8 #79 &+ :%'& ('#';"+6
G-P*E. J<)- P-#; +-" )HK-;# ;*'#; "*0 -2 '-P=)+= "*0 -+ ;#2$),# I##; ,<*2=#P ME "2*$#' *=#+";C G<#;#
;#2$),# I##; ,-HK#+;*"# "2*$#' *=#+"; I-2 2#;#*2,<)+= *+P ,-HK*2)+= *$*)'*M'# <-"#' -K")-+;. M--V)+=
"<# 2--H. *+P <*+P')+= K*EH#+" "- "<# <-"#'C !#,")-+ 9@FRC5A3 B-1'P )HK-;# * +#B "*0 -+ "<#;#
;#2$),# I##; K2-$)P#P ME "2*$#' *=#+"; *+P -+')+# "2*$#' ,-HK*+)#;. * "*0 "<*" ); K*;;#P -+ "- E-12
,-+;")"1#+";C
!"7<=> 7== #<7?"= 7@"+#6 7+A #<7?"="<6 <"=> B5&+ &+='+" 6"<?'("6 #& <"6"7<(%C (&457<"C 7+A D&&E
<"6"<?7#'&+6
Z2-H -12 B-2V -+ "<); );;1# )+ ;"*"#;. *" Y[/>. *+P *" 7>![. )"\; ,'#*2 "<#2# ); ;-H# H);1+P#2;"*+P)+=*M-1" "2*$#' 2#;#2$*")-+ ;#2$),#; *+P "*0#;C G<# ,<*2" M#'-B ;<-B; "<# I'-B -I ;#2$),#;. "*0#;. *+P
K*EH#+"; )+ * "EK),*' "2*+;*,")-+ B<#2# * "2*$#'#2 1;#; * "2*$#' *=#+" -2 -+')+# "2*$#' ,-HK*+E "-
2#;#*2,< *+P M--V * <-"#' 2#;#2$*")-+C
Y; ;<-B+ )+ "<# ,<*2". "2*$#' *=#+"; *+P -+')+# "2*$#' ,-HK*+)#; *2# K2-$)P)+= * 7,"+&-, "- "2*$#'#2;C
G<#;# ;#2$),#; )+,'1P# ,-HK*2);-+; -I 2*"#; *+P *H#+)")#; *" H1'")K'# <-"#';. K'1; I*,)')"*")-+ )+ H*V)+=
"<# 2#;#2$*")-+. K2-,#;;)+= "<# K*EH#+". *+P ;#+P)+= ,<*2=#; *+P *KK'),*M'# "*0#; "- "<# <-"#'
8/11/2019 SteveDelBiancoWaysandMeansTestimony5.22.13
http://slidepdf.com/reader/full/stevedelbiancowaysandmeanstestimony52213 2/4
:
-K#2*"-2C >'#*2'E. "<); I*,)')"*")-+ ;#2$),# ); P);")+," I2-H "<# 2--H K2-$)P#P ME "<# <-"#' B<#2# "<#
"2*$#'#2 #$#+"1*''E ;"*E;C
*"(#'&+ ,-./0123 7==&86 #79 (&=="(#&<6 #& ="?> #%"'< &((B57+(> #79 &+ 4&<" #%7+ FB6# %&#"= <&&46
J<)- "2*$#' *=#+"; 2-1")+#'E ,2#*"# K*,V*=#; "<*" M1+P'# <-"#' 2--H;. I--P. "2*$#'. *+P #$#+"; )+"- -+#
K2),#C !#,")-+ 9@FRC5A3 *''-B; >'#$#'*+P "*0 ,-''#,"-2; "- )HK-;# "<#)2 -,,1K*+,E "*0#; -+ *'' V)+P; -I
=--P; *+P ;#2$),#; B<#+ )+,'1P#P )+ "2*$#' K*,V*=#;O
•
"*0) I2-H "<# *)2K-2" "- "<# <-"#'
• I--P ;#2$#P *" * <-"#' 2#;"*12*+"
• "),V#"; "- "<# N-,V *+P N-'' U*'' -I Z*H#
• =-'I ,-12;#. ,*2". *+P ,'1M 2#+"*'
• =1)P#P "-12 -I >'#$#'*+P
• B)+# "*;")+=;
*"(#'&+ ,-./0123G6 +"8 #79 &+ #<7?"= 6"<?'(" H""6 8&B=A &+=> 755=> 8%"+ !?%# /%&%B.'$ D&&E #%"'<
#<7?"=G<# +#B "*0 )HK-;#P -+ M--V)+= ;#2$),# I##; ME !#,")-+ 9@FRC5A3 B-1'P )HK*," -+'E J<)-\; ,)")X#+; *+P
M1;)+#;;#;C G<*"\; M#,*1;# -I "<# !"2#*H')+# !*'#; *+P ];# G*0 Y=2##H#+" S!!]GYT *+P J<)- ;-12,)+=
21'#;3 I-2 P#"#2H)+)+= "<# ;-12,# Q12);P),")-+ I-2 "*0*M'# ;#2$),#; W B<#+ * "-12);" 1;#; * "2*$#' ;#2$),#.
"<# 2#;#2$*")-+ ;#2$),# I## ); ;-12,#P "- "<# "2*$#'#2\; <-H# '-,*")-+ W +-" "- "<# "2*$#'#2\; P#;")+*")-+C
3 J<)- N#$);#P >-P# SNC>CT ;#,")-+ 9@FRC5FFS>T
PAYMENT
$ Hotel Room Charge+ Anticipated applicable taxes+ Compensation for Services
= Total Payment
SERVICE
Facilitatingselection,
booking, andpayment
Travel Intermediary
INVOICE
$ Room Charge+ Applicable Taxes
= Total Invoice
PAYMENT
$ Room Charge+ Applicable taxes
= Total Payment
ACCOMMODATION
Hotel provides room to traveler
8/11/2019 SteveDelBiancoWaysandMeansTestimony5.22.13
http://slidepdf.com/reader/full/stevedelbiancowaysandmeanstestimony52213 3/4
F
Z-2 #0*HK'#. ;*E "B- "-12);"; *2# M--V)+= * <-"#' 2--H )+ J<)-C J+# ')$#; )+ 8#;" ^)2=)+)*. "<# -"<#2 )+
>'#$#'*+PC G<# 8#;" ̂ )2=)+)* "-12);" B-1'P '#% K*E "<# "*0 ,2#*"#P ME !#,")-+ 9@FRC5A3 B<#+ "<#E
M--V#P "<2-1=< * "2*$#' *=#+" ;)+,# "<#E 2#,#)$#P "<#)2 -+')+# M--V)+= ;#2$),#; -1";)P# -I J<)-C: (1".
"<# "-12);" ')$)+= )+ >'#$#'*+P B<- M--V; "<2-1=< * "2*$#' *=#+" 9#:41 K*E "<# "*0 ,2#*"#P ME !#,")-+
9@FRC5A3C
G<); +#B "*0 B-1'P "<#2#I-2# -+'E *KK'E "- ;#2$),#; K2-$)P#P "- J<)-?M*;#P "2*$#'#2;C G<# "*0 B-1'P '#%
*KK'E "- ;#2$),# I##; K*)P ME -1"?-I?;"*"# "2*$#'#2; M--V)+= J<)- <-"#';C
*"(#'&+ ,-./0123G6 +"8 #79 &+ 6"<?'(" H""6 8&B=A &+=> D" (&=="(#"A D> :%'&ID76"A #<7?"= 7@"+#6 7+A
:%'&ID76"A #<7?"= 8"D6'#"6
G<# 2#L1)2#H#+" "- ,-''#," !#,")-+ 9@FRC5A3\; +#B "*0 -+ M--V)+= ;#2$),#; ,-1'P #'45 M# #+I-2,#P
*=*)+;" "2*$#' *=#+"; *+P B#M;)"#; "<*" <*$# * K<E;),*' K2#;#+,# )+ J<)-C Y; +-"#P *M-$#. -1"?-I?;"*"#
"2*$#' *=#+"; *+P B#M;)"#; *'2#*PE ,-''#," *+P 2#H)" '-P=)+= "*0#; B<#+ "<#E H*V# K*EH#+" "- "<# J<)-
<-"#' -K#2*"-2C (1" -1"?-I?;"*"# "2*$#' *=#+"; B-1'P +-" M# 2#L1)2#P "- ,-''#," "<); +#B "*0 -+ ;#2$),#
I##; I-2 K2-$)P)+= 2#;#2$*")-+ ;#2$),#; *" "<# ")H# "<*" "2*$#'#2; M--V "<#)2 <-"#'C
G- ,-+;)P#2 *+-"<#2 #0*HK'#. ;*E "<*" * 8#;" ^)2=)+)* "-12);" 1;#; * 8#;" ^)2=)+)* "2*$#' *=#+" "- M--V *J<)- <-"#' 2--HC 8#;" ^)2=)+)* *'2#*PE "*0#; "2*$#' *=#+" ;#2$),# I##; K2-$)P#P "- ;"*"# 2#;)P#+";
2#,#)$)+= "<# ;#2$),# *" "<#)2 <-H# '-,*")-+C !- *+E 8#;" ^)2=)+)*?M*;#P "2*$#' *=#+" -2 B#M;)"# );
*'2#*PE ,-''#,")+= ;*'#; "*0 -+ "<# ;#2$),# I## B<#+ M--V)+= 8#;" ^)2=)+)* "2*$#'#2; *" J<)- <-"#';C _+
I*,". !#,")-+ 9@FRC5A3\; +#B "*0 B-1'P *""#HK" "- )HK-;# 1#:64, %0;0%&#' -I "<# ;*H# ;#2$),# I## K*)P
ME "<); 8#;" ^)2=)+)* "-12);". B<),< B*; K2-M*M'E +-" "<# )+"#+")-+ -I "<# M)''\; *1"<-2;C
`'#*;# 2#H#HM#2 "<*" !#,")-+ 9@FRC5A3 B-1'P )HK-;# +#B "*0#; -+'E -+ J<)- ,)")X#+;. B<)'# K'*,)+=
E-12 )+?;"*"# "2*$#' ;#2$),#; *" * ,-HK#")")$# P);*P$*+"*=# "- -1"?-I?;"*"# 2)$*';C
*"(#'&+ ,-./0123 '45&6"6 +"8 #79 (&=="(#'&+ (&6#6 &+ 647== #<7?"= 7@"+#6
_I * ;H*'' "2*$#' *=#+" M--V; -+'E -+# "2)K I-2 * ,1;"-H#2 "- J<)-. "<*" "2*$#' *=#+" H1;" +-B I)'' -1" "*0I-2H; I-2 "<# ;"*"# *+P '-,*' Q12);P),")-+C
Y ̀ 2),# 8*"#2<-1;# >--K#2; ;"1PE I-1+P "<*" ;H*'' 2#"*)'#2; 1+P#2 a3 H)'')-+ )+ 2#$#+1#. *'2#*PE )+,12
3@ ,#+"; I-2 #$#2E ;*'#; "*0 P-''*2 "<#E ,-''#,"C3 Z-2 ;H*'' "2*$#' *=#+"; "<# ,-;"; ,*+ M# ,+,' /&(/," P1#
"- "<# ,-HK'#0)")#; -I "<# "2*$#' M*;#P ;*'#; "*0#;C
8# *;V E-1 "- +-" )HK-;# "<#;# +#B ,-;"; -+ J<)- "2*$#' *=#+";C
J'+'47= <"?"+B" @"+"<7#"A
Z-2 2#*;-+; #0K'*)+#P *M-$#. #$#2E ;"*"#. ,)"E. *+P ,-1+"E "<*" <*; #+*,"#P * ;)H)'*2 +#B "*0 <*; I*)'#P
"- =*)+ "<# *+"),)K*"#P "*0 2#$#+1#C
Z)2;". *; P);,1;;#P *M-$#. M#,*1;# -I "<# ;-12,)+= '*B )+ J<)-. "<# ;#2$),# "*0#; ,-1'P +-" M# )HK-;#P -+
*+E -1"?-I?;"*"# "2*$#'#2C !#,-+P. J<)- "*0 ,-''#,"-2; P- +-" <*$# *1"<-2)"E "- I-2,# -1"?-I?;"*"# "2*$#'
: 7-"# "<*" "<# -1"?-I?;"*"# "-12);" ;")'' K*E; "<# >'#$#'*+P -,,1K*+,E "*0 B<#+ "<#E M--V "<# 2--HC
F <+0&4064, 0% <""KObbBBBC+#",<-),#C-2=bBK?,-+"#+"b1K'-*P;b,-;"?-I?,-''#,")-+?;"1PE?;;"KCKPIC
8/11/2019 SteveDelBiancoWaysandMeansTestimony5.22.13
http://slidepdf.com/reader/full/stevedelbiancowaysandmeanstestimony52213 4/4
4
*=#+"; "- ,-''#," "<#;# +#B ;#2$),# "*0#; ;)+,# ;"*"#; ,*+ -+'E )HK-;# ,-''#,")-+ -M')=*")-+; -+
M1;)+#;;#; B)"< * K<E;),*' K2#;#+,#C
!- B<#+ E-1 ,-+;)P#2 "<); "*0. K'#*;# ,-+;)P#2 B<#"<#2 "<# H)+)H*' "*0 2#$#+1# ); B-2"< "<# <*2H "-
J<)-\; "2*$#' *=#+,)#; *+P "2*$#' B#M;)"#;C
K?&'A #%" (&+H=7#'&+ &H #<7?"= 6"<?'("6 7+A =&A@'+@ 5<&?'A"<6
(E H*)+"*)+)+= "<# "21# P);")+,")-+ M#"B##+ "2*$#' ;#2$),# K2-$)P#2; *+P <-"#' -K#2*"-2;. E-1 ,*+ <#'K
J<)-\; "2*$#' *+P "-12);H )+P1;"2E I-,1; -+ ;#2$)+= "2*$#'#2; *+P ,2#*")+= Q-M; W +-" -+ ,-''#,")+=
+-H)+*' +#B "*0#; I2-H "<# ;"*"#\; -B+ ,)")X#+;C
_+;"#*P -I K*;;)+= !#,")-+ 9@FRC5A3 B# ;1==#;" *H#+P)+= )" "- ,'*2)IE B<#+ *+ -,,1K*+,E "*0 *KK')#;C
8# ;1==#;" ;1M;")"1")+= "<# #0);")+= M)'' "#0" B)"< "<); '*+=1*=# I2-H D);;-12) '*BO
cY+E "*0 )HK-;#P -2 ,-''#,"#P ME *+E H1+),)K*')"E. *+E ,-1+"E. -2 *+E '-,*' "*0)+= #+")"E -+ -2
2#'*"#P "- *+E "2*+;)#+" *,,-HH-P*")-+;. B<#"<#2 )HK-;#P *; * <-"#' "*0. -,,1K*+,E "*0. -2
-"<#2B);#. 7/044 08845 7#4,45 %# 0$#:'%7 0-%:0445 ",-,&+,1 65 %/, #8,"0%#" #= 0 /#%,4 . H-"#'.
"*$#2+. )++. "-12);" ,*M)+. "-12);" ,*HK. -2 -"<#2 K'*,# )+ B<),< 2--H; *2# I12+);<#P "- "<#
K1M'),C
>'1," '# -&"-:$7%0'-,7 7/044 0 %"0+,4 0(,'% #" &'%,"$,1&0"5 6, 1,,$,1 0' #8,"0%#" #= 0 /#%,4 .
H-"#'. "*$#2+. )++. "-12);" ,*M)+. "-12);" ,*HK. -2 -"<#2 K'*,# )+ B<),< 2--H; *2# I12+);<#P "-
"<# K1M'), 1+'#;; ;1,< "2*$#' *=#+" -2 )+"#2H#P)*2E *,"1*''E -K#2*"#; ;1,< * I*,)')"EC CCC
2/&7 7,-%&#' &7 &'%,'1,1 %# -40"&=5 %/0% %0;,7 &$8#7,1 07 0 /#%,4 %0;. #--:80'-5 %0;. #" #%/,"9&7,.
7/044 08845 7#4,45 %# 0$#:'%7 ",-,&+,1 65 #8,"0%#"7. 07 ,'0-%,1 &' %/, 7%0%:%,7 0:%/#"&?&'( 7:-/
%0;,7Cd4
8# *KK2#,)*"# E-12 ,-+;)P#2*")-+ -I -12 $)#B;. *+P K'#*;# '#" H# V+-B )I _ ,*+ K2-$)P# I12"<#2
)+I-2H*")-+C
!)+,#2#'E.
!"#$# &#'()*+,-
/0#,1")$# &)2#,"-2. 7#"><-),# >*2' DC !X*M-
`-'),E >-1+;#'. 7#"><-),#
,,O D#HM#2; -I "<# >-HH)""##
3,%*/#&-, &7 0 %"01, 077#-&0%&#' #= #'4&', -#'%,'% 0'1 ,@*#$$,"-, 6:7&',77,7 8"#$#%&'( 0'1 8"#%,-%&'(
-#'+,'&,'-,. -/#&-, 0'1 -#$$,"-, #' %/, 3,%A B,0"' $#", 06#:% 3,%*/#&-, 0% 999A',%-/#&-,A#"(
4 D);;-12) U( 344: S:535T. ;)=+#P )+"- '*B e1'E :535 S#HK<*;); *PP#PTC