>
Emily Craig
Bradley Gillin
Cc: Daphne Cales
Classification: Public
Hi,
I just want to make sure. There are four clients on that KYC. All of them
will be closing accounts?
Thanks
{cid:
[email protected]}
Yoonsun Chung
Vice President I AML Compliance
Deutsche Bank
60 Wall Street, 10005-2836 New York, NY, USA
Email
; Yoonsun Chung <a•
Bradley Gillin
Cc: Daphne Cales
Cool. Thanks everyone. Sorry for the long and winding path to get
here . . .
EFTA01431712
Cc: Daphne Cales
; Stewart Oldfield
Gillin
Insurance Trust [I]
Classification: Public
Done!
Kind Regards,
Emily
fcid:80063086-E6B1-464A-83C1-C22D037DB24E@lanl
Emily Craig
Director
Deutsche Bank Wealth Management
Deutsche Bank Securities, Inc
1 South Street, Baltimore, MD 21202-3298
WM Mercury on myDB
EFTA01431713
; Bradley Gillin
Cc: Emily Craig
; Daphne Cales ..z
>
Classification: Public
Emily?
I think we can.
I will close both cases?
{cid:
[email protected]}
Yoonsun Chung
Vice President I AML Compliance
Deutsche Bank
60 Wall Street, 10005-2836 New York, NY, USA
Email
; Bradley Gillin
Cc: Emily Craig <
; Daphne Cales ..z
>
Actually, turns out that the client plans to close this account prior to
year end. Can we just move it to the exclusion list? They also plan to
close Mort, Inc, but we've already done that KYC.
EFTA01431714
Thanks
Classification: Public
; Bradley Gillin
Sounds good. If you can get his ID, that would be the easiest. Thank you.
{cid:
[email protected]}
Yoonsun Chung
Vice President I AML Compliance
Deutsche Bank
60 Wall Street, 10005-2836 New York, NY, USA
Email
; Bradley Gillin
I think he is friends with those people, but I've never thought he was
exerting political influence or should be deemed a PEP. Maybe we should
tackle that issue at a later date assuming I can just get an ID for Mark
EFTA01431715
Classification: Public
Hello,
; Bradley Gillin
So we need name, address, DOB and nationality. Then we need to verify him.
In this case, the settlor is a PEP so we need ID.
Do we think he is still a PEP? Is he still associated with prince Andrew?
If you make a good case where he is no longer a PEP... then we can verify him
in an alternative means — Lexis smartlinx—which you get when you run full
searches.
If you want to go this route, I would send an email to Andrew
Gallivan stating why you think he should no longer be a PEP. He is
technically an RCA (relative and close associate) to Prince Andrew and Bill
clinton. Is he still associated with them? To the best of your knowledge,
do you think he is exerting influence based on his connection to these
PEPs? Etc. Once Andrew approves, please forward the email to me.
If you believe he is still associated, then we need a government issued ID.
Thank you
Yoonsun
{cid:
[email protected]}
Yoonsun Chung
Vice President I AML Compliance
Deutsche Bank
60 Wall Street, 10005-2836 New York, NY, USA
EFTA01431716
Email
Bradley Gillin
Got it. I didn't read it that way the first time, but do now. Thanks for
the clarification. Now I remember why I decided not to become a lawyer . .
So, what info do we need on the brother?
Thanks for staying with this one.
Classification: Public
Hello,
; Bradley Gillin
Yes, that is the part you sent me — amendment of the benes AFTER his death.
We are not interested (for the KYC purposes) the contingent beneficiaries.
The amendment only amends the contingent beneficiaries.
The amendment document specifically states that it is deleting all
beneficiaries named under sections (b) (1) through (b) (6) of Article First
of the Insurance Trust and added certain beneficiaries, who, upon the death
of the grantor of the Insurance Trust, would be entitled to the principal
and all accumulated income from the Insurance Trust. Mark was listed in (b)
(6), which deals with AFTER DEATH.
EFTA01431717
However, the amendment did NOT modify section (a) of the First article,
which identifies him as the person that could benefit from the trust until
his death.
I'm attaching the trust documents. It contains the amendment (page 4 -5 of
the attachment). The original trust agreement follows the amendment.
fcid:
[email protected]
fcid:
[email protected]
Yoonsun Chung
Vice President I AML Compliance
Deutsche Bank
60 Wall Street, 10005-2836 New York, NY, USA
Email
; Bradley Gillin
There are later amendments that remove the original bens and name Celina
EFTA01431718
Cc: Stewart Oldfield
Classification: For internal use only
Please see below. It looks like the brother is the current beneficiary.
We need to remove Celina as the ben and add the brother. Can you do this or
do you want me to reject it back to India? Or if you have all the info, I
can ask someone in Jax to do it so we can approve today? Just let me know.
Thanks
Article First (a) identifies the grantor's brother (Mark Lawrence Epstein)
as the individual that can benefit from the trust until the death of the
Grantor. The change of beneficiaries document from 2012 amended Sections (b)
(1) of Article First, which deals with the beneficiaries upon the death of
the grantor of the Insurance Trust.
fcid:
[email protected]
{cid:
[email protected]}
Yoonsun Chung
Vice President I AML Compliance
Deutsche Bank
60 Wall Street, 10005-2836 New York, NY, USA
Email
EFTA01431719
Let's talk about this.
Yoonsun Chung
Vice President I AML Compliance
Deutsche Bank
60 Wall Street, 10005-2836 New York, NY, USA
Email
, Bradley Gillin
I think that is probably true. Realistically the value in the trust only
comes when the grantor dies and the life insurance pays out. But in the
meantime, we have $276.65 sitting in cash . . .
Bradley Gillin
EFTA01431720
Thank you. So Celina gets it after the grantor's death. Currently, the
grantor would be the beneficiary. No?
Yoonsun Chung
Vice President I AML Compliance
Deutsche Bank
60 Wall Street, 10005-2836 New York, NY, USA
Email
>
Yoonsun Chung
It's actually the following page
fcid:
[email protected]
Cc: Stewart Oldfield
EFTA01431721
Classification: For internal use only
See attached. It looks like they replaced the initial beneficiaries with
fcid:
[email protected]
Regards,
Brad
fcid:
[email protected]
Bradley Gillin
Vice President
Deutsche Bank Wealth Management
345 Park Avenue, 24th Fl
New York, NY 10154
Tel. (212) 454-1130
Fax (646) 736-0721
Email
Securities offered through Deutsche Bank Securities Inc.
>
Based on the trust doc, we don't think she is the bene. I will circle back
tomorrow
EFTA01431722
Yoonsun Chung
Vice President I AML Compliance
Deutsche Bank
60 Wall Street, 10005-2836 New York, NY, USA
Email
>
, Yoonsun Chung
Yoonsun Chung 3:40 PM:
It was The 2007 Jeffrey E Epstein insurance trust
who is the current ben
and do you have all the info/ID on that bene
Bradley Gillin 5:09 PM:
We reached out to family office
waiting on them
EFTA01431723
thanks
Yoonsun Chung 5:14 PM:
Thanks
Bradley Gillin 5:27 PM:
: UBO
Looks like someone added her to the KYC already
EFTA01431724