Financial record, 2013-03-13

EXHIBIT 275¶

Ticket#	[REDACTED]	Account#	Initiated Date	03/13/2013 11:44 AM
Client Name	SOUTHERN FINANCIAL LLC	Account Title	Initiator	CHRISTINE HEWITT
ECI	[REDACTED]	Account Type	Initiating Team	PB FRONT OFFICE
LOB	PB

Verify & Confirm for SOUTHERN FINANCIAL LLC
Final Risk Rating	Standard
Initial Risk Rating	High
GCS Report Requested	Full
Presence of Potential High Risk Indicators	No
Reason for Adjustment	Not associated with high risk jurisdictions. Derogatory information has already been addressed.
Comments
Summary of Risk Attributes

Risk Updated History
Creation Date	Entered by	Updated Risk	Previous Risk	Comment

GCS Grid
Search Type	Security Service Details	Further Review Required
Company Information	Information not confirmed (TAX ID and ADDRESS); details included in the attachment.	Yes
Corporate Records	Information not confirmed (STATE OF DOMICILE); details included in the attachment.	Yes
Other Database Searches (RDC/MIS/Factiva)	No records found.	No
Internal Database Search (CSSS/FPS)	Internal database search revealed prior GS&I research for J Epstein and Co and Jeffrey Edward Epstein and the following derogatory information was reported:

GCS Red Dot
Has this been identified as Red Dot KYC?	No
Negative Information Found	No

Banker Attestation Details
As the client sponsor, I understand that I am primarily responsible for protecting the firm’s reputation from inappropriate business relationships, as well as from fraud and money laundering. By approving this KYC, I am sponsoring this client as to their character and reputation and from a legal/regulatory standpoint.	Yes

Please state your rationale for conducting business with this client		Southern Financial is an entity that is ultimately owned by Jeffrey Epstein. Southern Trust Company, which merged with Jeffrey’s other entity, Financial Trust Company, owns Southern Financial. It’s a USVI company. Jeffrey is a USVI resident but remains a US citizen.
Please respond to any issue(s) identified in the GS&I grid that either needs further review, or red dot which is not already covered in a Business Case within this KYC		Issues with Jeffrey are understood and listen in his personal KYC.
Comments

Primary Information
Client Type	Non Individual	Front Office Restricted?	Normal
Client Status	Client	Active Indicator	Yes
Confidential Names?	No
Legal Business Name	SOUTHERN FINANCIAL LLC	Insider Code (Reg. O)
Country of Primary Domicile	VIRGIN ISLANDS, U.S.
Primary Country of Assets	UNITED STATES	WebSite
Country of Organization	VIRGIN ISLANDS, U.S.	Organization State
Industry Code (NAIC)	Misc Financial Investment Activities [523999]	Secondary Industry Code (NAIC)	NAIC NOT PROVIDED [ ]
Client Legal Entity Type	Limited Liability Company	Client Category	Profit
Date of Incorporation/Situs (Date of Trust)	02/26/2013
Documentary Evidence	LLC - State Certificate
What is the nature/purpose of this entity?	This is a personal investment company for Jeff Epstein. He will be making investments into other vehicles through this entity.	Is the entity a Personal Holding Company (PHC) or Personal Investment Company (PIC) located in an offshore jurisdiction?	No
High Risk Jurisdiction	Yes

Address(es)
Type	Notes	Address	City, State, Postal Code	Country	Tools	Entered by	Date of Update	Preferred
Legal		6100 Red Hook Quarter, B3	St. 00802	VIRGIN ISLANDS, U.S.	Map it	SYSTEM	03/13/2013	Yes

Phone(s)/Fax(s)
Type	Notes	Phone Number	Tools	Entered by	Date of Update	Preferred
Work		3407755255	Verify “Do Not Call” List	SYSTEM	03/13/2013	Yes

Email(s)
Type	Notes	Email	Entered by	Date of Update	Preferred
Work		[REDACTED]	CHRISTINE	03/13/2013	Yes

Cost Center & Hierarchy
Client Status	Client	Client Type	Non Individual
Client Sponsor	JUSTIN D NELSON	New or Existing Client	Existing
Cost Center	002753 - GREENWICH
Client Service Team	CHBG (DE) 4	Entity Type	Entity
GIO	Paul S [REDACTED]	Portfolio Manager
Trust Advisor		Investor
Decision Maker	JEFFREY E EPSTEIN	DM ECI	[REDACTED]

Identification
Withholding Federal Status	Domestic Exempt

Introduction & Wealth
Introduction Type	Existing JPMorgan Client - Inside LOB

Net Worth of client($)	5,000,000.00
-------------------------	--------------

Additional Entities
No additional entities available at this time

Additional Party Information
ECI	Party Type	Party Name	Last Completed Search Date	KYC Status	Report Type	Relation Type	Powers	Percent Owned
[REDACTED]	Individual	Jeffrey E Epstein	05/29/2012	Completed	Full	Sole Owner		100.0

Primary Information for Jeffrey E Epstein
Client Type	Individual	Generation
Client Status	Client	Active Indicator	Yes
Front Office Restricted?	Normal	Marital Status	Single
Confidential Names?	No
Country of Primary Domicile	UNITED STATES	Primary Domicile State	New York
Prefix/Title		Insider Code (Reg. O)
First Name	Jeffrey	Full Name	Jeffrey E Epstein
Middle Name		Gender	Male
Last Name	Epstein	Date of Birth	[REDACTED]
Suffix		Primary Country of Assets	UNITED STATES
PreviousName/MMN/Alias
Citizenship	UNITED STATES
Employer Name	Self	High Risk Jurisdiction
Occupation	Entrepreneur	Industry Code (NAIC)	Individuals [999940]
Years at Occupation	0	Secondary Industry Code (NAIC)	Personal Investment Companies [525997]

Address(es)
Type	Notes	Address	City, State, Postal Code	Country	Tools	Entered by	Date of Update	Preferred
[REDACTED]Legal		6100 RED HOOK QTRS STE B3, ,	ST [REDACTED], 00802	VIRGIN ISLANDS, U.S.	Map it	BATCH	08/03/2012	Yes

Phone(s)/Fax(s)
Type	Notes	Phone Number	Tools	Entered by	Date of Update	Preferred
Home		[REDACTED]	Verify “Do Not Call” List	BATCH	02/22/2013	Yes

Email(s)
Type	Notes	Email	Entered by	Date of Update	Preferred
Email address not available

Cost Center & Hierarchy
Client Status	Client	Client Type	Individual
Client Sponsor	JUSTIN D NELSON
Cost Center	002753 - GREENWICH
Client Service Team	CHBG (DE) 4	Entity Type	Decision Maker

Identification
Withholding Federal Status	Domestic Certified	Withholding SSN/TIN Certification Date	09/18/2006
		SSN/TIN/EIN	[REDACTED]
Form of government issued identification obtained for the files	Drivers License
Primary Identification Number	[REDACTED]			Issued By	VIRGIN ISLANDS, U.S.

Date Issued	01/15/2010	Expiration Date	01/20/2015
-------------	------------	-----------------	------------

Introduction & Wealth¶

Introduction Type	Existing JPMorgan Client - Inside LOB
Net Worth of client($)	500,000,000.00

Source Of Wealth / Financial Information Details¶

Source Of Wealth -Identify the Clients Source of Wealth from following list of options	Other
----------------------------------------------------------------------------------------	-------

Introduction
Non Individual Entity Type	Limited Liability Company - For Profit
For Profit?	Yes
Locations Served?	International
a. If International or both, please describe:	Jeff will be investing in domestic and international funds.
Are beneficial owners/principal shareholders associated with this business?	Yes
Who owns this entity?	Individual
Please Provide ownership details	Jeff Epstein is the sole owner of this company.
Ownership is not equal to 100%?	No
Are there any authorized signers or any other individuals with authority over the entity?	No
What Independent background check, in addition to the Global Corporate Security (“GCS”) background check, has been carried out? Check all that apply and provide the date in which the background check was conducted. (at least 1 must be selected)	JPMC Network
JPMC Network Date	03/13/2013
JPMC Network Comments	Jeff Epstein is a current client of Justin Nelson’s and the PB.

Politically Exposed Person
Are any of the beneficial owners/authorized signers or other individuals with authority over this entity a current or former Senior United States or Non-USA Political Official / also known as a Politically Exposed Person (PEP) or related to one?	No

Source of Wealth/Financial Information
Client Category(for SOW)	For Profit
Source of Wealth- Identify the clients source of wealth from the following list of options	Executive Management
What is the client’s current executive management position? (Include any former positions, if significant to source of wealth)	Epstein began his financial career in 1976 as an options trader at Bear Stearns. He specialized in mathematical models such as the Black-Scholes option-pricing model and later worked in the special products division, advising high net worth clients on tax strategies. In 1980, Epstein became a partner at Bear Stearns. 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 1987, Leslie Wexner, founder and chairman of the Columbus, Ohio-based Limited chain of women’s-clothing stores became a well-known client. In 1996, Epstein changed the name of his firm to The Financial Trust Company and based it in the US Virgin Islands.

In 2003, Epstein publicly bidded for New York Magazine, along with advertising executive, Donny Deutsch, investor Nelson Peltz, publishing mogul and owner of The Daily News, Mortimer Zuckerman and film producer Harvey Weinstein. They were ultimately out bid by longtime wall street investor Bruce Wasserstein for $55 million. In 2004, Epstein and Mortimer Zuckerman, committed to finance up to $25 million to back Radar, a celebrity and pop culture magazine and Maer Roshan, its editor in chief and founder. Epstein and Zuckerman were equal partners in the venture, and Mr. Roshan retained a small ownership stake | | List the number of years in current position. (Include any former positions, if significant to source of wealth) | 30 | | Approximate yearly income/salary/bonus/distribution and other compensation history (accumulated earned income) | 10000000 | | Which country(ies) is(are) the Client’s primary Source of Wealth or Income derived? | UNITED STATES | | Is this an Operating Company? | No | | Total Net Worth $ | 5000000.00 | | What was the total net worth based on? | Financial Statements |¶

Is this client a Professional Service Provider acting as a financial intermediary (Gatekeeper/Financial Liaison), with assets held on behalf of one or more unidentified underlying clients unknown to the bank?	No
Is this entity a Private Equity Fund (Venture Capital Fund or Leveraged Buyout)?	No
Is this a Hedge Fund? (Pooled investment vehicles (often partnerships) that primarily invest financial capital of third party investors in enterprises that are too risky for the standard capital markets or bank loans.)	No
Is this a Cash Intensive business? (Cash-Intensive businesses/entities exist in various industry sectors and include, but are not limited to convenience stores, grocery stores, restaurants, bars, retail stores, liquor stores, cigarette distributors, privately owned ATMs, vending machine operators and parking garage operators.)	No
Is this entity any of the following business types?	s. Private Holding/Investment Company (US)
Is the Entity a Personal Holding Company (PHC) or Personal Investment Company (PIC) located in an offshore jurisdiction?	No

Expected Activity¶

Deposit Account(s)¶

Transaction Types	Expected Activity Levels	Anticipated Dollar Amount Totals per Month
Cash Deposits
Cash Withdrawals
Check Deposits
Checks Paid
Incoming Wires (Domestic)
Outgoing Wires (Domestic)
Incoming Wires (International)	Low (1-10)	$50,001 TO $100,000
Outgoing Wires (International)	Low (1-10)	$50,001 TO $100,000
ACH Deposits
ACH Payments
Internal Transfer (Debits/Credits)	Low (1-10)	$100,001 TO $500,000
Asset Purchases/Sales

What is the initial/ongoing source of funding for the client’s Deposit Account(s) ?¶

The initial and ongoing source of funding will come from Jeffrey’s personal accounts at the PB. The money in that accounts comes from his salary over the years and returns of his personal investments.¶

What is the purpose/intended use of account(s)? Please provide a detailed description of how the Deposit Account(s) will be used by the client.¶

The purpose of this is to make investments and to pay the expenses of the LLC.¶

Client Directed Asset / Brokerage Account(s)¶

Transaction Types	Expected Activity Levels	Anticipated Dollar Amount Totals per Month
Cash Deposits
Cash Withdrawals
Check Deposits
Checks Paid
Incoming Wires (Domestic)
Outgoing Wires (Domestic)
Incoming Wires (International)
Outgoing Wires (International)
ACH Deposits
ACH Payments
Internal Transfer (Debits/Credits)	Low (1-10)	$100,001 TO $500,000
Asset Purchases/Sales	Low (1-10)	$100,001 TO $500,000

What is the initial/ongoing source of funding for the client’s Client Directed Asset / Brokerage Account(s) ?¶

What is the purpose/intended use of account(s)? Please provide a detailed description of how the Client Directed Asset / Brokerage Account(s) will be used by the client.¶

The purpose of this account is to invest cash assets into the market.¶

Additional Client Information¶

Please include any additional information that would further explain your knowledge of the client (family tree/history, public information, websites, etc.)¶

In March 200$, a woman contacted Pairn Beach poke, concerned that her 14 year old daughter had been taken to Epslide mansion by an older girl and paid $300 after typing and massaging him She had told him that she was 18 years old. Shp undressed out had left on her underwear. By 2011 at least 40 gifts had mere forward with similar stores. some saying Epstein sexual ki assa..Ited item during the massage.¶

Police started an -month undercover investigation of Epstein, followed by a search of his home. Stsequently.they alleged iNo Epstein had pakl several escorts toPeden’ Sexual acts on him. interviews with five Meucci victims and 17 witnesses under oath. patina or , a high school transcript aand other items they bound in Mr. Epstains trash and Nome allegedly show that some girls were tigd*iairSer al hough some maintained lo him at the tame that they w e d proper age. A search Epstein ‘s home found generous plealoe of girls throughout the house. some of whom had been interviewed adder by the police. He had sat up a system of young women micruking other women lot his massage se/vices. Two housekeepers stated to the police that Epstein would receive lenge’ every day whenever he stayed in Palm Beach.l22) In May 2008, Pam Beach poke filed a probable cause affklavi= dal Egan should be charged with four cotta of unlawf ul sax tinminors and ono molestation count. His learn of lawyers kickrded Clerald B. LMcourl, Man Denshrtotaz and tater also Kenneth Stan. Epstein passed a se detector test h wheat na was asked nether he knew ofVie status of the gib. They also questioned the credibility of the teenage accusers. based in part on their **ace posting* and nation obtained by private invengaters Ind in aeon elven¶

Instead of following the reDornmendatIon of the police. the prOP3Outtrit considered the evidence weak and presented It to a July, an uncommon proced.ro -.I non-capital cases The grand jury returned only a ingio charge of felony solicitation ol which Epstein pleaded not guilty in Aug at 2008.¶

In Juno. 2008. after pleading to a singe state charge of soliciting prostitution, Epstein began serving an 18-mongh rareenialaH• served 13 months in ;au of n s 18-inortn sentence as a convicted sex offender in the stale of Florkila for sicactIng an underage gid for prostituton. He is a registered sex offender.¶

Alter wk. several parties returned donations they had received from Epeten, including Elot L. Spitzer, MarkArairatt and the Palm Beach Police Department. Harvard announced fiat it would not return any Miley.¶

On June 18, 2010, Epstein’s former..Alfredo Rodriguez, was sentenced to 18 months in jail for trying to sell a journal HI he said recorded Elates activities. Spec- Agent Christina Pryor reviewed the material and agreed it was InformatIcn ‘that Would have been extrernely weld In nest:gating and prosecuting to case. inctudng names and COMMA iMorrnation Of material WINS and addltlonal vlotims.¶

Comment History¶

Stage Name	Creation Date	Entered By	Comment Preview
There are no comments entered at this time.

Stage Name	Signoff Date	Owner SID	Owner Name
Banker Attestation	06/07/2013 09:34 AM	U008658	JUSTIN D NELSON
Market Manager Approval	06/07/2013 10:59 AM	U117517	TOWNSEND C [REDACTED]

Keyboard shortcuts

Go to a page: `g` then

EXHIBIT 275¶

Comment History¶