EFTA Document EFTA01431239

KYC Print Page 1 of 15 DB PWM GLOBAL KYC/NCA: PART A KYC Case # : 01082293 One sheet must be established per relationship list all accounts included in the relationship 1. Relationship Details Relationship Name: Relationship Manager: EPSTEIN, JEFFREY RELATIONSHIP:00000483290 Paul Morris H I I I New PWM Relationship Relationship to PWM: If existing, please indicate since when the relationship exists, provide reason for new profile and attach old profile: II I Client Referral How Was the Client(s) Introduced? How long has the RM personally known the client? IIII I I RM Prospect IIII Intermediary/FIM IIIII Other Source (CIB, etc.) Please provide details (e g. name of referral source, how many years RM personally has known client, etc.): Jeffrey Epstein was a client of Paul's at JP Morgan. Paul and Jeffrey Epstein had a mutual friend/colleague who introduced them while Paul was at JPMorgan. Over the course of a few meetings Paul was able to get Jeffrey to bring some of his funds over to JPMorgan Does Deutsche Bank pay a retrocession or similar compensation to a third party for the introduction of this relationship? NI Il Yes If Yes, describe): List all existing and new accounts involved in this relationship Legal Entity Account(s) 1 2 EFTA01431239 3 10 4 10 Account Name / Number Southern Financial, LLC Southern Financial, LLC Southern Trust Company, Inc. Southern Trust Company, Inc. Who is the primary contact person for the RM? (Note: This person needs to have signatory rights and/or information right for the accounts.): Opening Date (intended/actual) 8/19/2013 8/19/2013 8/19/2013 8/19/2013 Jeffrey Epstein Preferred method of contact(indicate phone no fax no., e-mail address, etc.): No NI I Existing Booking Center: New York Status : 6. A proved https://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 PWM Relationship EFTA01431240 KYC Print Page 2 of 15 One sheet must be established for each account to be opened 2. Account Ownership Summary Account Name: Account Manager: Southern Financial, LLC Paul Morris What is the purpose of the account (e.g. portfolio management, advisory account, custody services, long-term investment, payment/expense account)? Money Market. To hold funds for the company. Indicate from where the assets are expected to arrive? DB Group: Same Booking Center (indicate account number): DB Group: Other Booking Center (indicate DB location and account details): Other Institution (Indicate name & location): JPMorgan, NYC Physical Deposits (specify cash, securities, cheques, ...): 1 1 What is the expected size and frequency of regular inflows and outflows for the account (indicate estimated number and volume per month)?: Roughly 2 inflows & outflows per month ranging from $1000 to $10,000. What is the expected volume of assets and currency for the account approx. 90 days after opening? What is the expected volume of assets and currency for the account approx. one year after opening? 50,000 150,000 Currency Currency Please list all parties related to the account. For each party: Check if a source of wealth description is required for the party. Check the appropriate box to describe the relationship of the party to this account (> 1 can be selected). I If none of the check boxes apply, describe the party's relation to the account in the "Other" column. Always describe the relationship between the parties in the last column. Please drill down to the ultimate/underlying Beneficial Owner(s). Legal Entity EFTA01431241 Description of ource of Wealth required Parties related to this account 2IIIIIIII I I II UI 3 Mt III III I I Jeffrey Epstein Southern Financial LLC Southern Trust I I ICII UIUII III II II III II III II I II IIIII III DI II III II III II I IIIII III II III II I 100 Account Holder PIC Owner Settlor of Trust / Founder of Foundation Ultimate Beneficial Owner Signatory or Full P0A Limited P0A Financial Intermediary (FIM) Significant Shareholder (>=25%) Non-PIC I I I 101 EFTA01431242 entity (indicate ownership %) USD USD Acct. Number (if available): Other (please describe other roles and/or indicate relationship between parties) Sole shareholder of Southern Trust; Southern Trust is the sole member of Southern Financial and Jeffrey Epstein is the sole shareholder of Southern Trust; https://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431243 KYC Print Page 3 of 15 2. Account Ownership Summary Account Name: Account Manager: Southern Financial, LLC Paul Morris What is the purpose of the account (e.g. portfolio management, advisory account, custody services, long-term investment, payment/expense account)? Checking account to hold funds for the company. Indicate from where the assets are expected to arrive? DB Group: Same Booking Center (indicate account number): DB Group: Other Booking Center (indicate DB location and account details): Other Institution (Indicate name & location): JPMorgan, NYC Physical Deposits (specify cash, securities, cheques, ...): I What is the expected size and frequency of regular inflows and outflows for the account (indicate estimated number and volume per month)?: Roughly 10 inflows and 10 outflows per month ranging from $1,000 to $10,000. What is the expected volume of assets and currency for the account approx. 90 days after opening? What is the expected volume of assets and currency for the account approx. one year after opening? 50,000 100,000 Currency Currency Please list all parties related to the account. For each party: I I Check if a source of wealth description is required for the party. Check the appropriate box to describe the relationship of the party to this account (> 1 can be selected). I If none of the check boxes apply, describe the party's relation to the account in the "Other" column. Always describe the relationship between the parties in the last column. I Please drill down to the ultimate/underlying Beneficial Owner(s). Legal Entity Description EFTA01431244 of Source of Wealth required Parties related to this account I 111 1 Il Ill Ill H 2 illil I II NH 3 illil I II NH Jeffrey Epstein DIM Southern Financial LLC Southern Trust ATITAININ 100 Account Holder PIC Owner Settlor of Trust / Founder of Foundation Ultimate Beneficial Owner Signatory or Full POA Limited POA Financial Intermediary (FIM) Significant Shareholder (>=2596) Non-PIC entity III I M I III I M III I EFTA01431245 (indicate ownership %) USD USD Acct. Number (if available): Other (please describe other roles and/or indicate relationship between parties) Sole shareholder of Southern Trust; Southern Trust is the sole member of Southern Financial and Jeffrey Epstein is the sole shareholder of Southern Trust; https://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431246 KYC Print Page 4 of 15 2. Account Ownership Summary Account Name: Account Manager: Southern Trust Company, Inc. Paul Morris What is the purpose of the account (e.g. portfolio management, advisory account, custody services, long-term investment, payment/expense account)? Checking account. To hold funds for company Indicate from where the assets are expected to arrive? DB Group: Same Booking Center (indicate account number): DB Group: Other Booking Center (indicate DB location and account details): Other Institution (Indicate name & location): JPMorgan, NYC Physical Deposits (specify cash, securities, cheques, ...): I What is the expected size and frequency of regular inflows and outflows for the account (indicate estimated number and volume per month)?: Roughly 10 inflows and 10 outflows per month ranging from $1,000 to $10,000 What is the expected volume of assets and currency for the account approx. 90 days after opening? What is the expected volume of assets and currency for the account approx. one year after opening? 50,000 100,000 Currency Currency Please list all parties related to the account. For each party: I I Check if a source of wealth description is required for the party. Check the appropriate box to describe the relationship of the party to this account (> 1 can be selected). I If none of the check boxes apply, describe the party's relation to the account in the "Other" column. Always describe the relationship between the parties in the last column. I Please drill down to the ultimate/underlying Beneficial Owner(s). Legal Entity Description EFTA01431247 of Source of Wealth required Parties related to this account I III I 1 II ll I 2 MI II III Southern Trust Company, Inc. Epstein I II IIIImv iiiiirlifii II IIIIII II III 11111 11111 IIII III II II IIIIIII IIIIIII Account Holder PIC Owner Settlor of Trust / Founder of Foundation Ultimate Beneficial Owner Signatory or Full POA Limited POA Financial Intermediary (FIM) Significant Shareholder (>=25%) Non-PIC entity (indicate ownership %) USD USD Acct. Number (if available): Other (please describe other roles and/or indicate I IIIIIIIIII I EFTA01431248 relationship between parties) Sole shareholder of Southern Trust; https://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431249 KYC Print Page 5 of 15 2. Account Ownership Summary Account Name: Account Manager: Southern Trust Company, Inc. Paul Morris What is the purpose of the account (e.g. portfolio management, advisory account, custody services, long-term investment, payment/expense account)? Money Market account. To hold funds for the company. Indicate from where the assets are expected to arrive? DB Group: Same Booking Center (indicate account number): DB Group: Other Booking Center (indicate DB location and account details): Other Institution (Indicate name & location): JPMorgan, NYC Physical Deposits (specify cash, securities, cheques, ...): I What is the expected size and frequency of regular inflows and outflows for the account (indicate estimated number and volume per month)?: Roughly 2 inflows & outflows per month ranging from $1,000 to $10,000 What is the expected volume of assets and currency for the account approx. 90 days after opening? What is the expected volume of assets and currency for the account approx. one year after opening? 50,000 150,000 Currency Currency Please list all parties related to the account. For each party: I I Check if a source of wealth description is required for the party. Check the appropriate box to describe the relationship of the party to this account (> 1 can be selected). I If none of the check boxes apply, describe the party's relation to the account in the "Other" column. Always describe the relationship between the parties in the last column. I Please drill down to the ultimate/underlying Beneficial Owner(s). Legal Entity Description EFTA01431250 of Source of Wealth required Parties related to this account I III I 1 II ll I 2 MI II III Southern Trust Company, Inc. Epstein I II IIIImv iiiiirlifii II IIIIII II III 11111 11111 IIII III II II IIIIIII IIIIIII Account Holder PIC Owner Settlor of Trust / Founder of Foundation Ultimate Beneficial Owner Signatory or Full POA Limited POA Financial Intermediary (FIM) Significant Shareholder (>=25%) Non-PIC entity (indicate ownership %) USD USD Acct. Number (if available): Other (please describe other roles and/or indicate I IIIIIIIIII I EFTA01431251 relationship between parties) Sole shareholder of Southern Trust; https://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431252 KYC Print Page 6 of 15 One sheet must be established for EACH INDIVIDUAL PARTY in Section 2. Account Ownership Summary 3A. Individual Details (for all parties) Individual's Name: Country of Residence: Address of primary residence: Profession/Occupation: Current Employer: Address of employer: Jeffrey Epstein - 00000483289 USVI Litte Saint James Saint Thomas 00802 US Virgin Islands Self Empolyed Southern Financial LLC 6100 Red Hook Quarter B3 St. Thomas USVI 00802 Is the individual a Politically Exposed Person (PEP)?(if Yes, describe) To the best of your knowledge, is the individual related to an employee of the DB group?(if Family or Friendship, describe ) To the best of your knowledge, is the individual party to a non-banking relationship with Deutsche Bank (e.g., external legal counsel, client referral source, supplier of goods or services)?(if Yes,describe ) If applicable, indicate which bank officers have met the person: Bank Officer Name(s) Paul Morris IIYes Family Yes HI II No albI Friendship II I I[ No Indicate where and when the client meeting(s) took place: KOffice: IaIU I IaIU I Client Private EFTA01431253 icile: Client Place uT f iness: Wealth Details for this individual are not filled in, because they are the same as for the following person: 3B. Wealth Details (Only for parties requiring source of wealth description as indicated in Section 2) Nature of the Individual's Business: Summarize Source of Wealth: *i re investments Other Location (specify): Date: 4/3/2013 HUH None Tax ID / SSN: Position/Title/Rank: 090-44-3348 President Date of Birth: Country of Citizenship: 1/20/1953 USA Business Owner Salary/Earnings Investment Inheritance/Gifts Further Describe Source of Wealth /Detail the history of wealth for each of the sources: (e.g. For trusts, how did settlor accumulate wealth? For inheritance, how did family accumulate wealth?For business owners, how long in business, how many employees, level of profitability? Indicate type of business, countries of major activities, important business partners.) Epstein began his financial career in 1976 as an EFTA01431254 options trader at Bear Stearns and became a partneri n 1980. In 1982, Epstein founded his own financial management firm, J. Epstein & Co., managing the assets of clients with more than a billion in net worth. In 1996, Epstein changed the name of his firm to The Financial Trust Company and based it on the island of St. Thomas in the US Virgin Islands. All of his clients were anonymous except for the very wealthy businessman Leslie Wexner. His wealth has come from his days at Bear Stearns and his financial management firms Estimated Annual Income (5): 10,000,000.00 Estimated Net Worth($): $100 MM - 500 MM Other Known Financial Institutions: Estimated amount of investable assets($): Amount of assets planned to invest with PWM($): $50 MM - 100 MM 10,000.00 https://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431255 KYC Print Page 7 of 15 Institution: Institution: Institution: JPMorgan Country: Country: Country: USA Est. Assets Under Mgt: Est. Assets Under Mgt: Est. Assets Under Mgt: Please indicate the family situation of the individual (marital status, other family members, etc.): Single 20,000,000.00 https://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431256 KYC Print Page 8 of 15 One sheet must be established for EACH LEGAL ENTITY in Section 2. Account Summary 3C. Legal Entity Details (For all Legal Entities) Legal Entity Name: Type of Entity: Southern Financial LLC - 00000483882 IMP I Foundation/Association Estate Partnership iii IICompany Type of Entity Other specify): Country of Incorporation/registration: Address (city, street, post code): US Virgin Islands 6100 Red Hook Quarter B3 St Thomas 00802 US Virgin Islands Pur ose of Entity: Purpose of Entity Other (specify): Date of incorporation / registration: U.S. TIN/EIN: 2/25/2013 Private Investment Philanthropic/Charitable Commercial 66-0799192 Provide a description of the entity's organizational structure, its ownership structure and its Top Management. For trusts/foundations, include information about revocability,settlor and beneficiaries,etc.: Southern Trust Company Inc is the sole member of Southern Financial LLC. Jeffrey Epstein is the sole shareholder of Southern Trust Company Inc Please indicate how ownership of the legal entity is reflected: Southern Trust Company Inc is the sole member of Southern Financial LLC. Jeffrey Epstein is the sole shareholder of Southern Trust Company Inc EFTA01431257 MHO I Special attention: Bearer Shares - Indicate where shares are custodied: Describe the chain from the direct owner of the entity to the ultimate beneficial owner (if not the same persons): Southern Trust Company Inc is the sole member of Southern Financial LLC. Jeffrey Epstein is the sole shareholder of Southern Trust Company Inc To the best of your knowledge, is the entity party to a non-banking relationship with Deutsche Bank (e.g. external legal counsel, client referral source, supplier of goods or services)? Yes MI III I No DINH E Describe Nature of Entity's Primary Business and Investment Activities Nature of the business: Countries where business is transacted: Number of employees: This business is funded by Jeffrey Epstein's wealth. This company was formed to hold Mr. Epstein's personal wealth and invest in different ventures. This company invests in real estate, equities, commodities, etc and gets its revenue from the gains it makes in these investments. It is a company formed to invest the assets of Mr. Epstein US Virgin Islands 3 3D. Wealth Profile (Only for parties requiring source of wealth description as indicated in Section 2) Provide Evidence of Corporate Assets (e.g. balance sheet or equivalent summary of assets/liabilities): The initial funding in February 2013 was $1,000 from the sole shareholder of the sole managing member (Jeffrey Epstein). Estimated gross receipts p.a.($): Estimated net profit p.a. ($): Estimated investable assets ($): Potential Amount to be invested with PWM ($): Other Known Financial Institutions: Institution: JPMorgan 2,000,000.00 1,500,000.00 <$1 MM 300,000.00 Country: USA Est. Assets Under Mgt: 1,000,000.00 https://na4.salesforce.com/servlet/servlet.Integration?- EFTA01431258 lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431259 KYC Print Page 9 of 15 Institution: Institution: Country: Country: Est. Assets Under Mgt: Est. Assets Under Mgt: https://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431260 IMP I Foundation/Association Estate Partnership KYC Print Page 10 of 15 One sheet must be established for EACH LEGAL ENTITY in Section 2. Account Summary 3C. Legal Entity Details (For all Legal Entities) Legal Entity Name: Type of Entity: Southern Trust Company, Inc. - 00000483883 IICompany iii Type of Entity Other specify): Country of incorporation/registration: Address (city, street, post code): US Virgin Islands 6100 Red Hook Quarter B3 St Thomas 00802 US Virgin Islands Pur ose of Entity: Purpose of Entity Other (specify): Date of incorporation / registration: U.S. TIN/EIN: 11/18/2011 Private Investment Philanthropic/Charitable Commercial 66-0779861 Provide a description of the entity's organizational structure, its ownership structure and its Top Management. For trusts/foundations, include information about revocability,settlor and beneficiaries,etc.: Please indicate how ownership of the legal entity is reflected: Jeffrey Epstein is sole managing member MOH I Special attention: Bearer Shares - Indicate where shares are custodied: Describe the chain from the direct owner of the entity to the ultimate beneficial owner (if not the same persons): Jeffrey Epstein is sole EFTA01431261 managing member To the best of your knowledge, is the entity party to a non-banking relationship with Deutsche Bank (e.g. external legal counsel, client referral source, supplier of goods or services)? Yes I II I I No DIE I I D Describe Nature of Entity's Primary Business and Investment Activities Consulting Services relying on Financial and Biomedical algorithms. Southern Trust Nature of the business: Countries where business is transacted: Number of employees: is a private consulting company that invests the assets of their clients and gets their revenue from the return of these investments. Southern Trust invests in different portfolios catered to their clients and makes their revenue based on the returns and the fees associated with managing their clients assets US Virgin Islands 4 3D. Wealth Profile (Only for parties requiring source of wealth description as indicated in Section 2) Provide Evidence of Corporate Assets (e.g. balance sheet or equivalent summary of assets/liabilities): Consult and invest client funds and gain revenue based on fees and returns Estimated gross receipts p.a.($): Estimated net profit p.a. ($): Estimated investable assets ($): Potential Amount to be invested with PWM ($): Other Known Financial Institutions: Institution: JPMorgan Institution: 2,000,000.00 1,500,000.00 $2 MM - 5 MM 300,000.00 Country: Country: USA Est. Assets Under Mgt: Est. Assets Under Mgt: 2,000,000.00 https://na4.salesforce.com/servlet/servlet.Integration? lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431262 KYC Print Page 11 of 15 Institution: Country: Est. Assets Under Mgt: https://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431263 KYC Print Page 12 of 15 DB PWM GLOBAL KYC/NCA: US/LatAm/Int'l PART B Relationship Name Booking Center EPSTEIN, JEFFREY RELATIONSHIP NY DB Employee NY/Offshore DB Managed PIC Moderate HUH' High Risk (Compliance Signature) IIIIDB is Trustee/Co-Trustee 4 Attachments A Type of Photo ID Provided B Checklist of names (individuals and/or entities) that were submitted for database searches is attached C. Please indicate the results of the database searches performed RDC searches complete PCR checks complete OFAC checks complete BIS searches complete (Lexis/Nexis, Factiva, Reuters, Dow Jones, D&B) Denial Orders checks complete Martindale-Hubbell searched (Lawyers/Law Firms only) Offshore Drivers License Passport National/State ID Other Ill II No Yes No Yes No II II IInegative results found IInegative results found EFTA01431264 II Yes Noll IIYes Noll IIYes Noll I Yes JIG negative negative negative results found results found results found negative results found Please summarize any negative results from above: JEFFREY EPSTEIN: RDC Alert #1 -- Cleared & APPROVED Harris PCR Alert #1/2 -- Not our client All Cases Closed SOUTHERN FINANCIAL LLC: No negative media No court cases SOUTHERN TRUST INC: No negative media Court Case -- Not our D FINANCIAL INFOMATICS INC: No negative media No court cases J. Epstein & Co. All Negative Media is our client. reputational risk as shown by the Court Cases have been closed FINANCIAL TRUST & CO RDC/PCR alert is associated with Southern Financial, the into. This alert has been cleared by Compliance and is attached Court Cases are closed E. To the best of your knowledge, has criminal offense? 11111 I 1101 Yes F To the best of your knowledge, has the customer ever been involved in any past litigation against Deutsche Bank AG or any of its subsidiaries or is the customer threatening litigation against Deutsche Bank AG or any of its subsidiaries? (If Yes, provide details below and contact Quality Mgt. (LatAm/Int'l) or the Regulatory Control Group and notify Compliance immediately) Ell I No Yes client. No by Chip the database Packard, AML searches indicated Compliance, and Pat He has been cleared of posing a AML Clearance attached company it merged the client ever been convicted of a EFTA01431265 if Yes Nol Yes Noll Yes No l l lI l Yes No l l l Yes No 1 II Yes No Bearer Shares Ittps://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431266 KYC Print Page 13 of 15 G Does the client or related party have any financial or other association / interactions within countries or regimes sanctioned by the Office of Foreign Assets Control (OFAC)? H Does the client or related party have any financial or other association/ interactions within high risk countries? I. Corporate Documentation Attached (Legal Entities Only) J. Undisclosed Principal Form Complete (Intermediaries Only) !III I M s D I I MD le11 I lIl III III K If Lexis/Nexis Search Results, Corporate Documents or Other Supporting Documentation is not in English, please provide an English summary of the nature/contents of the non-English Documentation: https://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 No No Yes No Not Applicable I Yes No Not Applicable III U III III IIII I EFTA01431267 KYC Print Page 14 of 15 M. Case Comments No records to display. ONSHORE APPROVALS Client Facing Professional (CFP): Office Director/Business Head: Regional Office Director: AML Business Risk: Armen Brash (Signature) Armen Brash 8/20/2013 Paul Morris Brian M. Biggar (Signature) Paul Morris (Signature) Brian M. Biggar (Signature) 7/17/2013 7/18/2013 AML Compliance: Janice Franklin (Signature) Janice Franklin 8/21/2013 LATAM/INTERNATIONAL APPROVALS Client Facing Professional (CFP): Account Manager: Global Market Team Head (GMTH)/Sub-Market Team Head (SMTH): AML Business Risk: (Signature) (Signature) (Signature) (Signature) AML Compliance: (Signature) PRIVATE WEALTH MANAGEMENT POLICY STATEMENT: Deutsche Bank Private Wealth https://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431268 KYC Print Page 15 of 15 Management (PWM) worldwide is committed to professionally serve the interests of its clients. To do so, Client Facing Professionalsl(1) (CFP's) should establish and maintain business relationships only with persons who satisfy our high standards of suitability, background and character. Due diligence obtained on the client must be appropriately documented by the CFP. It is the responsibility of CFP's to demonstrate that they know their client both at the inception of a relationship and on an ongoing basis. DECLARATION FOR ALL SIGNERS OF THIS FORM: To the best of my knowledge and belief the above information is correct and up to date. I confirm that I have no suspicions relating to the money laundering or unethical activities on the part of the client(s) and that I have followed all the procedures relating to account opening as described in the PWM Americas Procedures and the PWM Global KYC Policy (1) Client Facing Professionals (CFP's) include: Relationship Managers, Wealth Advisors, Product Officers, Brokers, Client Managers, etc. Deutsche Bank Americas New York https://na4.salesforce.com/servlet/servlet.Integration?- lid=01N30000000D9Di&eid=500600... 9/19/2013 EFTA01431269