16. The ADF
ADVERTISEMENT
Anna Delvey’s goal was to establish an exclusive club featuring art called The Anna Delvey Foundation, or ADF for short. She even hired a creative director, London-based Marc Kremers, to help her with the branding of her new venture. After scouting spots for the new club, she eventually found the perfect location.
Anna decided that she would take on the redevelopment of a location at 281 Park Avenue South. The only catch? She would need to take out millions of dollars in loans. So through her connections, she found someone willing to help her.
17. Empty Promises
Anna’s financial partner, who was helping her to purchase the location, wrote in an email that she needed the loan because “her personal assets, which are quite substantial, are located outside the US, some of them in a trust with UBS outside the US.”
Anna Delvey promised that she had the resources necessary to pay. She also promised not to embarrass the firm in any way — promises that she wouldn’t exactly be able to keep. She continued trying to purchase the location.
ADVERTISEMENT
