EFTA Document EFTA01481435

USCG Due Diligence Report - Corporation DDR Name: Hyperion Air, Inc. — DDR Status: Process Completed Banker Information Banker: Paul V Morris/JPMCHASE LE/OU: Banker SID: Banker BAC: Banker FNEN: Banker History: 03/04/2010 11:24:53 PM - CRD / Notrix changed: Banker from Mary C Casey/- JPMCHASE to Paul V Morris/JPMCHASE. DM ID Link Information The DM for this DDR is DM Name -JEFFREY E EPSTEIN CAS ID - 9710670708. The following DDR's are associated with this Decision Maker . DDR Name 116 East 65th St., LLC Darren K. Indyke PLLC EMMCAC, LLC Epstein, Jeffrey Financial Trust Company, Inc. Financial Trust Company, Inc. Freedom Air International, Inc. HBRK Associates Inc. Hyperion Air, Inc. I-Correct.com LLC Indyke, Darren K Jege, Inc. LYN & JOJO LLC MAX Foundation New York Strategy Group, LLC Plan D, Inc. The 2007 Jeffrey E Epstein Insurance Trust #2 - November 1, 2007 The 2007 Jeffrey E Epstein Insurance Trust #3 dtd November 1, 2007 The 2007 Jeffrey E. Epstein Insurance Trust #1 Dtd November 1, 2007 The C.O.U.Q. Foundation, Inc. The Haze Trust Corporation Name/Contact Information Banker Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V EFTA01481435 Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Morris, Paul V Security Services Search Date 02/02/2009 10/17/2008 02/08/2004 08/06/2004 03/07/2011 08/11/1999 05/21/2003 03/11/2010 10/17/2008 02/03/2009 01/30/2009 01/15/2010 02/03/2009 07/31/2006 02/08/2004 12/10/2009 04/16/2003 01/30/2009 12/01/2008 12/02/2008 11/25/2008 01/28/2004 102/29338 N256838 8634--CHBG 01 Only Select "New Client" if this entity will be a PCN. iPMC Internal Use Only EFTA01481436 Full Legal Corporate Name: Hyperion Air, Inc. (No P.O. Box address. Must be a physical address.) Primary Corporate Address Name: Attention: Address Line 1: Address Line 2: City: State: Province: Postal/Zip Code: Country: Tax ID # : Business Phone: State of Domicile: Where is the Company Incorporated? What document did you obtain to evidence state of domicile? Articles of Incorporation, Partnership Agreement, etc 10065 UNITED STATES 133621632 Remember to collect W-8's or other applicable tax forms for each jurisdiction. ()DE Certificate of Incorporation Hyperion Air, Inc. HBRK Associates 301 East 66th St., Suite 10B New York NY Introduction / Financial Information Introduction Type: Specific Information: Have you met with the Principal/Authorized Individual? Legal Entity: Corporation Related Client A/C Jeffrey Epstein (Please identify referral source, etc.) Corporation What is the nature of the business operations? (Describe products and services offered, how long in business, etc. If this is an operating company, indicate appx. number of locations EFTA01481437 and appx. number of employees, list a website if available) Public or Privately owned? (if public, where traded?) Locations served? Is this a cash intensive business or a business that uses cash as it's principal activity? (e.g. convenience store, restaurants, retail stores, liquor stores, cigarette distributor, vending machine operator, parking garage, any other business in which cash is its principal activity) Principal Shareholder(s): Identify the principal shareholders. If the entity is owned by an intermediate legal structure (e.g. LLC or Partnership), please list the ultimate individual shareholder(s) on whose behalf the account is maintained. Last Name: First Name: Epstein Jeffrey % of Ownership: 100 SSN 090443348 Holds Aircraft Private DOB Form of Govt Issued ID Obtained Driver's License EFTA01481438 Is this an operating company? Entity/Client Net Worth: $ 300.00 (USD millions) Documentation/ Information obtained to confirm stated net worth of the Entity/Client: Industry Code: The Business Type is the industry in which the client derives the majority of its income. Transaction Profile/Expected Account Activity What is the purpose/intended use of this account? What is the expected source of account funding ? Approximate $ amount to fund the account Managing payments for operational expenses of personal aircraft Wire $100,000 Please select each "Product Type" that applies. Within each product type, please check ALL transaction types that apply and provide a description of expected account activity. (document expected sources of inflows and destinations of transfers,countries, and types of payors/payees.Include where is the money coming from - example : A specific bank or firm and purpose of specific transactions, if known) Product Type - Select all that apply Transaction Types - Select all that apply and expected activity level ( L = 1-5, M = 6-12, H =>12 transactions per month) Deposit/Current Accounts (Checking, Savings, Money Market) Cash ( withdrawals/deposits) - Check deposits / Check paid - Wire Incoming & Outgoing Internal Transfers Other Please describe in detail expected account activity for this product : Operational payments for maintenance of aircraft. Investment Products (Custody, Brokerage,Agency,Margin) Anticipated $ Amount Totals per month — Please provide at least an estimate EFTA01481439 Accounts held at JPM; knowledge of ownership of certain assets; public articles OFFICES OF OTHER HOLDING COMPANIES NAIC Code: 551112 Below $1MM Fiduciary (Investment Mgmt. / Trust) Credit type facilities (Line of Credit, Mortgage, Letter of Credit) Required Security Services Checks Security Search Type: Full EFTA01481440 Note for Security Services: Please list any specific search requests/instructions to Security Services here Security Services Information A Security Services Check is REQUIRED for New Clients and Prospects This section to be completed by the Security Services Group: List Individuals and Corporate Entities Investigated: Attachment: Please Note: All research is subject to the availability of electronic database resources. DDR originally created in ICG. Last report signed off by Security Services on 1/20/08. Search Type Is Security Service Details: Further Review by Banker Require d? Company Information Corporate Records Other Database Searches (RDC/CDC/MIS) Internal Database Search (CSSS/FPS) No No No No Internal database search revealed the following: Reference the account(s) titled "1370206 Hyperion Air Inc", "121708 Hyperion Air Inc" and "2496207 Icorrect.com LLC"#" for previous research. Internal database search revealed the following: Reference the account(s) titled "Jeffrey Epstein", "Forums LLC", "YHS LLC" and "Jeffrey E Epstein Insurance Trust 1 Dtd November 1 2007" for previous research. ********************************************** The following information was previously reported to Mary C Casey on 09/12/2007 under the account I-Correct.com LLC (DDR #24962/07)and YHS LLC (DDR #739106): Several newspaper articles were found that detail the indictment of Jeffrey Epstein in Florida on felony charges of soliciting underage prostitutes. As of 11/25/2008: A trial date for this case has yet to be set. ********************************************** State Court Searches No EFTA01481441 Federal Court Searches No Personal Particulars Publications Regulatory Sanctions No No No OFAC/Control List Search No No additional research necessary. No additional research necessary. No additional research necessary. No additional research necessary. No additional research necessary. No additional research necessary. Has this been identified as a Red Dot DDR? : No additional research necessary. No additional research necessary. No additional research necessary. Please see comments below Banker Response: Expense No.: Total Costs: 99/31167 $0.00 Signed by: Dated: Ryan T McGowan 02/03/2009 03:37:23 PM Background Checks conducted in addition to Security Services EFTA01481442 Background Check Date (Required If Check Carried Out) 05/13/2009 Comments (Required If Check Carried Out) This entity is 100% owned by Jeffrey Epstein. Jeffrey Epstein is an existing client of PB. In years past, Mr. Epstein was an active brokerage client, particularly in foreign exchange, and as of this year he is a custody-only client. Formerly, Jeffrey Epstein was a money manager to high net worth individuals, most notably Leslie Wexner. Wexner was a JPM client and then retained Epstein in the late 90s. Mr. Wexner terminated his relationship with Epstein in 02/2008. Epstein is well known to several JPM PB employees and to Jes Staley. Mr. Epstein was convicted of a felony charge in 2008 and is currently serving an 18-month prison sentence. Jes Staley conferred with Stephen Cutler and the decision was made to keep Mr. Epstein as a PB client. Staley and PB then decided that his PB relationship will be for banking and custody only. We no longer provide brokerage execution capabilities for Mr. Epstein's accounts. Bear Stearns will hold the brokerage relationship with Mr. Epstein. Summary Summary Of Findings: This entity is 100% owned by Jeffrey Epstein. Jeffrey Epstein is an existing client of PB. In years past, Mr. Epstein was an active brokerage client, particularly in foreign exchange, and as of this year he is a custody-only client. Formerly, Jeffrey Epstein was a money manager to high net worth individuals, most notably Leslie Wexner. Wexner was a JPM client and then retained Epstein in the late 90s. Mr. Wexner terminated his relationship with Epstein in 02/2008. Epstein is well known to several JPM PB employees and to Jes Staley. Mr. Epstein was convicted of a felony charge in 2008 and is currently serving an 18-month prison sentence. Jes Staley conferred with Stephen Cutler and the decision was made to keep Mr. Epstein as a PB client. Staley and PB then decided that his PB relationship will be for banking and custody only. We no longer provide brokerage execution capabilities for Mr. Epstein's accounts. Bear Stearns will hold the brokerage relationship with Mr. Epstein. Anticipated Product(s) Others Client Hierarchy Assignments GRAY SHADED AREA CONTAINS SPN/CAS ID ASSIGNMENT INFORMATION EFTA01481443 Banker SID N256838 Banker BAC: FNEN: Does the DDR have Multiple Entities? 8634--CHBG 01 No Client Hierarchy and Additional Entity Assignment: Name Hyperion Air, Inc. Tax ID # Existing CAS Id Linking to DM Id EFTA01481444 Linked to DM Name JEFFREY E EPSTEIN SPN No 7705530 Contact Information for each entity named within the Client Hierarchy Table: Associated Entity Date of Birth Hyperion Air, Inc. Do any of the above entities require a joint SPN? Select Yes, if multiple entities will share the same account (OMNI, CASII or Olympic) Does the DDR have Multiple Owners? No This area is used to document individuals who DO NOT require a new CAS or SPN, but have authority over the entity or entities for which this DDR was created. Individuals documented within the above client hierarchy area do not need to be repeated in this section Name Goverment issued I.D Obtained Tax ID # Date of Birth No Goverment issued I.D Obtained Tax ID # 133621632 CAS ID Citizenship Attention Address Line 1 State Citizenship Zip Address Line 2 Province City Country Approval Information Public/High Profile Figure No High Risk Jurisdiction High Risk Business Is this a Foreign Bank? "Foreign Bank" as defined in the USA PATRIOT Act. EFTA01481445 Banker: LE/OU: Senior Manager: Paul V Morris/JPMCHASE 102/29338 Marcus Sheridan/JPMCHASE No No No Annual / Periodic Review Information Annual/Periodic Review Due in: 36 months Periodic Review Comments : Banker Approval Information Sponsorship affirmation - Based on my due diligence and the information provided , I approve and accept sponsorship of Hyperion Air, Inc. — as a EFTA01481446 Client from inception and throughout the client relationship. Mary C Casey 05/13/2009 10:21:29 AM Senior Manager Approval Information Based on the information provided and the approval granted by Mary C Casey, I approve the acceptance of Hyperion Air, Inc. — as a Client. Marcus Sheridan 05/14/2009 01:14:59 PM Quality Reviewer Information 1st Quality Review Comment: 2nd Quality Review Comment: 3rd Quality Review Comment: 4th Quality Review Comment: 5th Quality Review Comment: Admin Comments Admin Comments: By: Date: Admin Comments History : Document History Created: 01/23/2009 Last Modified: 10/30/2009 Submitted: 05/14/2009 01:14:59 PM Audit History 9. Input/Update High Profile figure set to 'No' performed by: Bonnie K Perry on: 10/30/2009 04:01:45 PM 8. 'Area Head Approval' performed by: Catherine Keating on: 05/19/2009 11:04:43 AM 7. Quality Review performed by: Bonnie K Perry on: 05/15/2009 02:49:27 PM 6. 'Senior Manager Approval' performed by: Marcus Sheridan on: 05/14/2009 01:15:02 PM 5. 'Banker Approval' performed by: Mary C Casey on: 05/13/2009 10:21:30 AM 4. Submitted for Banker Approval SS Type = Full performed by: Ryan T McGowan on: 02/03/2009 03:37:25 PM 3. Button: 'Flag: Security Check has begun' performed by: Ligaya X Felismino- Stesner on: 01/23/2009 02:30:49 PM 2. Button: 'Print' performed by: Ligaya X Felismino-Stesner on: 01/23/2009 02:25:22 PM 1. Submitted for Security Services Approval performed by: Maria A. Couto on: 01/23/2009 02:19:31 PM Converted Tracking Document History: Bonnie K Perry on 5/15/2009 2:49:15 PM Comments : Ok to approve. Removed flag - will be on Sonar alerts only. Bonnie K Perry/JPMCHASE 10/30/2009 04:01:16 PM By: Maria A. Couto By: Bonnie K Perry By: Marcus Sheridan CN=Ujwala Srinath/O=JPMCHASE: 1370206b.doc CN=Ujwala Srinath/O=JPMCHASE: 2496207B.doc CN=Ujwala Srinath/O=JPMCHASE: 121708b.doc EFTA01481447