| https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e... | 7/30/2019 |
| CONFIDENTIAL-PURSUANT TO FED.R.CRIM.P.6(e) | DB-SDNY-0002638 |
| 2. Account Ownership Summary | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Account Name: | NES, LLC — Money Market | Acct. Number ('if available') | ||||||||||||
| Account Manager: | 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 the funds necessary to cover the costs associated with running one of Jeffrey Epstein's homes and earn interest | ||||||||||||||
| 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. New York ☐ Physical Deposits (specify cash, securities, cheques, ...) | ||||||||||||||
| What is the expected size and frequency of regular inflows and outflows for the account (indicate estimated number and volume per month)? Roughly 1-3 inflows and outflows per month ranging from $1000 to $10000 | ||||||||||||||
| What is the expected volume of assets and currency for the account approx. 90 days after opening? | 100000 | Currency | USD | |||||||||||
| What is the expected volume of assets and currency for the account approx. one year after opening? | 100000 | Currency | USD | |||||||||||
| Does/will the client have Assets Under Management (AuM) withinDB under Eur. 3M? | ☐ Yes ☑ No | |||||||||||||
| 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). • 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 | Description of Source of Wealth required | Parties related to this account | Account Holder | PIC Owner | Settlor of Trust / Founder of Foundation | Ultimate Beneficial Owner | Signatory for Full POA | Limited POA | Financial Intermediary (FIM) | Significant Shareholder (>=25%) Non-PIC entity (indicate ownership %) | Legal Representative | Grantor/Settler | Founding Donor | Other (please describe other roles and/or indicate relationship between parties) |
| 1 | ✓ | ✓ | NES, LLC | ✓ | □ | □ | □ | □ | □ | □ | □ | □ | ||
| 2 | □ | □ | Harry Beller | □ | □ | □ | □ | ✓ | □ | □ | □ | □ | ||
| 3 | □ | ✓ | Jeffrey Epstein | □ | □ | □ | ✓ | □ | □ | □ | □ | □ | ||
| https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e... | 7/30/2019 |
| CONFIDENTIAL-PURSUANT TO FED.R.CRIM.P.6(e) | DB-SDNY-00026 |
| 3A. Individual Details (for all parties) | ||||||
|---|---|---|---|---|---|---|
| Individual's Name: | Jeffrey Epstein - 00000483289 | Date of Birth: | 1/20/1953 | |||
| Country of Residence: | USVI | Country of Citizenship: | USA | |||
| Address of primary residence: | Litte Saint James Saint Thomas 00802 US Virgin Islands | Has client resided outside of his/her country of nationality for 5 years or more? | □ Yes ☑ No | |||
| Profession/Occupation: | Self Empolyed | Tax ID / SSN: | ||||
| Current Employer: | Southern Financial LLC | Position/Title/Rank: | President | |||
| Address of employer: | 6100 Red Hook Quarter B3 St. Thomas USVI 00802 | |||||
| Does the person work as senior executive of a DB-recognized regulated entity in the financial industry? or an entity listed on a DB-recognised exchange? (Not applicable for operating entities) | ||||||
| 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: | Indicate where and when the client meeting(s) took place: | |||||
| Bank Officer Name(s) | Bank Office: | Client Private Domicile: | Client Place of Business: | Other Location (specify): | Date: | |
| Paul Morris | □ | □ | ☑ | 10/21/2013 | ||
| □ | □ | □ | ||||
| □ | □ | □ | ||||
| 3B. Wealth Details(Only for parties requiring source of wealth description as indicated in Section 2) | |||
| Nature of the Individual's Business: | Private investments | ||
| Primary Country of source of wealth/source of Funds? | |||
| Primary industry of source of Wealth/Source of Funds? | |||
| Summarize Source of Wealth: | Business Owner Salary/Earnings Investment Inheritance/Gifts Other: | ||
| 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 options trader at Bear Stearns and became a partner 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($): | 10,000,000.00 | Estimated amount of investable assets($): | $100 MM-500 MM |
| Estimated Net Worth($): | $100 MM-500 MM | Amount of assets planned to invest with PWM($): | |
| Other Known Financial Institutions: | |||
| Institution: | JPMorgan | Country: | USA | Est. Assets Under Mgt: | 40,000,000.00 |
| Institution: | Deutsche Bank | Country: | USA | Est. Assets Under Mgt: | 154,000,000.00 |
| Institution: | Country: | Est. Assets Under Mgt: | |||
| Please indicate the family situation of the individual(marital status,other family members,etc.)： | |||||
| 3A. Individual Details (for all parties) | |||||
|---|---|---|---|---|---|
| Individual's Name: | Harry Beller - | Date of Birth: | |||
| Country of Residence: | USA | Country of Citizenship: | USA | ||
| Address of primary residence: | Has client resided outside of his/her country of nationality for 5 years or more? | □ Yes ☑ No | |||
| Profession/Occupation: | Accountant | Tax ID / SSN: | |||
| Current Employer: | HBRK Associates, Inc | Position/Title/Rank: | |||
| Address of employer: | 575 Lexington Avenue, 4th Floor Monsey NY USA 10022 | ||||
| Does the person work as senior executive of a DB-recognized regulated entity in the financial industry? or an entity listed on a DB-recognised exchange? (Not applicable for operating entities) | |||||
| 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: | Indicate where and when the client meeting(s) took place: | ||||
| Bank Officer Name(s) | Bank Office: | Client Private Domicile: | Client Place of Business: | Other Location (specify): | Date: |
| Paul Morris | □ | □ | ✓ | 10/21/2013 | |
| □ | □ | □ | |||
| □ | □ | □ | |||
| 3B. Wealth Details(Only for parties requiring source of wealth description as indicated in Section 2) | ||||||||
| Nature of the Individual's Business: | ||||||||
| Primary Country of source of wealth/source of Funds? | ||||||||
| Primary industry of source of Wealth/Source of Funds? | ||||||||
| Summarize Source of Wealth: | Business Owner Salary/Earnings Investment Inheritance/Gifts Other: | |||||||
| 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.) | ||||||||
| Estimated Annual Income($): | Estimated amount of investable assets($): | |||||||
| Estimated Net Worth($): | Amount of assets planned to invest with PWM($): | |||||||
| Other Known Financial Institutions: | ||||||||
| Institution: | Country: | Est. Assets Under Mgt: | ||||||
| Institution: | Country: | Est. Assets Under Mgt: | ||||||
| Institution: | Country: | Est. Assets Under Mgt: | |||
| Please indicate the family situation of the individual (marital status, other family members, etc.)： | |||||
| 3C. Legal Entity Details (For all Legal Entities) | ||||
|---|---|---|---|---|
| Legal Entity Name: | NES, LLC - 00000487265 | |||
| Type of Entity: | ☐ Foundation/Association ☐ Trust ☑ Company ☐ Estate ☐ Partnership | Purpose of Entity: | ☑ Private Investment ☐ Philanthropic/Charitable ☐ Commercial | |
| Type of Entity Other (specify): | Purpose of Entity Other (specify): | |||
| Country of Incorporation/registration: | USA | Date of incorporation / registration: | 8/13/1998 | |
| Volcker Status: | Volcker Flag: | |||
| Address (city, street, post code): | 6100 Red Hook Quarter, B3 St, Thomas 00802 USVI | U.S. TIN/EIN: | 13-4146141 | |
| Provide a description of the entity's organizational structure, its ownership structure and its Top Management. For trusts/foundations, include information about revocability, settor and beneficiaries, etc.: Single member LLC. Jeffrey Epstein is the sole member | ||||
| Please indicate how ownership of the legal entity is reflected: Single member LLC. Jeffrey Epstein is the sole member | ||||
| ☐ 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). Single member LLC. Jeffrey Epstein is the sole 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 ☐ No ✓ | |||
| Describe Nature of Entity's Primary Business and Investment Activities | ||||
| Nature of the business: | NES, LLC was formed to take care of the expenses associated with running one of Jeffrey Epstein's homes | |||
| Countries where business is transacted: | USA, USVI | |||
| Number of employees: | 1 | |||
| 3D. Wealth Profile(Only for parties requiring source of wealth description as indicated in Section 2) | ||||||
| Primary Country of source of wealth/source of Funds? | ||||||
| Primary industry of source of Wealth/Source of Funds? | ||||||
| Provide Evidence of Corporate Assets(e.g. balance sheet or equivalent summary of assets/liabilities):All funds come from Jeffrey Epstein, who has been KYCd previously | ||||||
| Estimated gross receipts($): | ||||||
| Estimated net profit($): | ||||||
| Estimated investable assets($): | <$1 MM | |||||
| Potential Amount to be invested with PWM($): | 200,000.00 | |||||
| Other Known Financial Institutions: | ||||||
| Institution: | JPMorgan | Country: | USA | Est. Assets Under Mgt: | 200,000.00 | |
| Institution: | Country: | Est. Assets Under Mgt: | ||||
| Institution: | Country: | Est. Assets Under Mgt: |
| https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e... | 7/30/2019 |
|---|---|
| CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e) | DB-SDNY-0002 |
| Relationship Name | SOUTHERN FINANCIAL RELATIONSHIP | ||||||
| Risk Rating Comments: | |||||||
| Booking Center | NY | NY/Offshore | Offshore | Moderate Risk | High Risk | Janice Franklin | |
| (Compliance Signature) | |||||||
| DB Employee | DB Managed PIC | DB is Trustee/Co-Trustee | Bearer Shares | ||||
| 4. Attachments | ||||
|---|---|---|---|---|
| A. | Type of Photo ID Provided | Drivers License | Passport | National/State ID □ Other |
| B. | Checklist of names (individuals and/or entities) that were submitted for database searches is attached | Yes | No | |
| C. | Please indicate the results of the database searches performed | |||
| RDC searches complete | Yes | No | negative results found □ Yes □ No | |
| PCR checks complete | Yes | No | negative results found □ Yes □ No | |
| OFAC checks complete | Yes | No | negative results found □ Yes □ No | |
| BIS searches complete (Lexis/Nexis, Factiva, Reuters, Dow Jones, | Yes | No | negative results found □ Yes □ No | |
| Denial Orders checks complete | Yes | No | negative results found □ Yes □ No | |
| Martindale-Hubbell searched (Lawyers/Law Firms only) | Yes | No | negative results found □ Yes □ No | |
| Please summarize any negative results from the database searches indicated above: JEFFREY EPSTEIN: Previously □ and approved in: 01082293 and 01121718 | ||||
| HARRY BELLER: Previously □ and approved: 01133624 | ||||
| NES, LLC: Negative media does not pertain to our client. Our client is an LLC that is only used to pay for the costs associated with running a private home No court cases | ||||
| E. | To the best of your knowledge, has the client ever been convicted of a criminal offense? | Yes | No | |
| 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 Mgmt. (LabAm/Intl)) or the Regulatory Control Group and notify Compliance immediately) | |||
| 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)? | Yes | No | |
| H. | Does the client or related party have any financial or other association/ interactions within high risk countries? | Yes | No | |
| I. | Corporate Documentation Attached (Legal Entities Only) | Yes | No | Not Applicable |
| J. | Undisclosed Principal Form Complete (Intermediaries Only) | Yes | No | Not Applicable |
| K. | If Lexis/Nexis Search Results, Corporate Documents or Other Supporting Documentation is not in English, please provide an English summary of the nature/content of the non-English Documentation: | |||
| L. | Special Risk Factors | |||
| Does the account have Nexus to Special Risk Countries? | Yes | No | ||
| Is the account structure unusually complex? | Yes | No | ||
| Yes | No | |||
| Is there any indication the client set up a non operating company expressly for the purpose of transferring shares to third parties? | |
| Is there any indication this could be a prohibited business relationship? | Yes 正确No |
| Are the bearer shares identified subject to acceptable controls? | Yes 正确No |
| M. Case Comments |
| No records to display. |
| ONSHORE APPROVALS | |||
| Client Facing Professional(CFP): | Paul Morris | (Signature) Paul Morris | 10/22/2013 |
| Office Director/Business Head: | Brian M. Biggar | (Signature) Brian M. Biggar | 10/23/2013 |
| Regional Office Director: | (Signature) | ||
| AML Business Risk: | (Signature) | ||
| AML Compliance: | Jacqueline Lightbody | (Signature) | 11/8/2013 |
| Jacqueline Lightbody | |||
| Janice Franklin | Janice Franklin | 11/8/2013 | |
| LATAM/INTERNATIONAL APPROVALS | |||
| Client Facing Professional(CFP): | (Signature) | ||
| Account Manager: | (Signature) | ||
| Global Market Team Head(GMTH)/Sub-Market Team Head(SMTH): | (Signature) | ||
| AML Business Risk: | (Signature) | ||
| AML Compliance: | (Signature) | ||
| https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e... | 7/30/2019 |
| CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) | DB-SDNY-0002647 |