KYC Print¶
Page 1 of 12¶
DB PWM GLOBAL KYC/NCA: PART A¶
1. Relationship Details¶
| Relationship Name: | SOUTHERN FINANCIAL RELATIONSHIP:00000483290 | Booking Center: | New York |
|---|---|---|---|
| Relationship Manager: | Paul Morris | ||
| Relationship to PWM: | □ New PWM Relationship | □ Existing PWM Relationship | |
| If existing, please indicate since when the relationship exists, provide reason for new profile and attach old profile: The account was closed due to inactivity. To reopen the account AOG needs an updated KYC. | |||
| How Was the Client(s) Introduced? How long has the RM personally known the client? | ☑ Client Referral | ☐ RM Prospect | ☐ Intermediary/FIM |
| Please provide details (e.g. name of referral source, how many years RM personally has known client, etc.): Jeffrey Epstein (President of Gratitude America) is a current client of the bank | |||
| Does Deutsche Bank pay a retrocession or similar compensation to a third party for the introduction of this relationship? | □ Yes | □ No | |
| (If Yes, describe): |
List all existing and new accounts involved in this relationship¶
| Legal Entity Account(s) | Account Name / Number | Opening Date (intended/actual) |
|---|---|---|
| 1 | Mort, Inc | 11/12/2013 |
| 2 | Mort, Inc — Money Market | 11/12/2013 |
Who is the primary contact person for the RM? (Note: This person needs to have signatory rights and/or information right for the accounts.): | | Preferred method of contact (indicate phone no., fax no., e-mail address, etc.): | |¶
7/30/2019 DB-SDNY-0002797¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
| EFTA_00016271 | | :--- | :--- |¶
This is a simple Markdown document with no headings, paragraphs, or tables. It contains just one line of text.¶
EFTA00167023¶
KYC Print¶
Page 2 of 12¶
One sheet must be established for each account to be opened¶
| 2. Account Ownership Summary | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Account Name: | Mort, Inc | 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)? Checking account to hold assets 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, 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 10 inflows and 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? | Currency | USD | |||||||||||
| What is the expected volume of assets and currency for the account approx. one year after opening? | 50000 | Currency | USD | ||||||||||
| Does/will the client have Assets Under Management (AuM) within DB 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 | 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 | ☑ | ☑ | Mort, Inc | ☑ | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ | |
| 2 | ☐ | ☑ | Jeffrey Epstein | ☐ | ☐ | ☐ | ☑ | ☐ | ☐ | ☐ | ☐ | ☐ | |
| 3 | ☐ | ☐ | Darren Indyk | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ | |
https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e… CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
7/30/2019¶
DB-SDNY-0002798¶
EFTA_00016272¶
EFTA00167024¶
KYC Print¶
Page 3 of 12¶
| 2. Account Ownership Summary | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Account Name: | Mort, Inc – 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 assets for the company and to 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 $10,000 | ||||||||||||||
| What is the expected volume of assets and currency for the account approx. 90 days after opening? | Currency | USD | ||||||||||||
| What is the expected volume of assets and currency for the account approx. one year after opening? | 50000 | Currency | USD | |||||||||||
| Does/will the client have Assets Under Management (AuM) within DB 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 | ✓ | ✓ | Mort, Inc | ✓ | □ | □ | □ | □ | □ | □ | □ | □ | ||
| 2 | □ | ✓ | Jeffrey Epstein | □ | □ | □ | ✓ | □ | □ | □ | □ | □ | ||
| 3 | □ | □ | Darren Indyk | □ | □ | □ | □ | □ | □ | □ | □ | □ | ||
7/30/2019 DB-SDNY-0002799¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
EFTA_00016273¶
EFTA00167025¶
KYC Print¶
Page 4 of 12¶
One sheet must be established for EACH INDIVIDUAL PARTY in Section 2. Account Ownership Summary¶
| 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: | ||||||
| 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: | ||||||
| Bank Officer Name(s) | Bank Office: | Client Private Domicile: | Client Place of Business: | Other Location (specify): | Date: | |
| Paul Morris | □ | □ | ☑ | 10/22/2013 | ||
| □ | □ | □ | ||||
| □ | □ | □ | ||||
| 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($): | $50 MM - 100 MM |
| Estimated Net Worth($): | $100 MM - 500 MM | Amount of assets planned to invest with PWM($): | |
| Other Known Financial Institutions: | |||
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
7/30/2019 DB-SDNY-0002800 EFTA_00016274¶
EFTA00167026¶
KYC Print¶
Page 5 of 12¶
| 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.)： | |||||
| 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 |
DB-SDNY-0002801¶
EFTA_00016275¶
EFTA00167027¶
KYC Print¶
Page 6 of 12¶
One sheet must be established for EACH INDIVIDUAL PARTY in Section 2. Account Ownership Summary¶
| 3A. Individual Details (for all parties) | ||||||
|---|---|---|---|---|---|---|
| Individual's Name: | Darren Indyke | 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: | Lawyer | Tax ID / SSN: | ||||
| Current Employer: | Southern Financial LLC | Position/Title/Rank: | ||||
| Address of employer: | 575 Lexington Ave, 4th Fl New York 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: | |
| □ | □ | □ | ||||
| □ | □ | □ | ||||
| □ | □ | □ | ||||
| 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: | ||||||
7/30/2019 DB-SDNY-0002802 EFTA_00016276¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
EFTA00167028¶
KYC Print¶
Page 7 of 12¶
| Institution: | Country: | Est. Assets Under Mgt: | |||
| Please indicate the family situation of the individual (marital status, other family members, etc.)： | |||||
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: | Mort, Inc - 00000487266 | |||
| 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: | USVI | Date of incorporation/ registration: | 4/12/2011 | |
| Volcker Status: | Volcker Flag: | |||
| Address(city, street, post code): | 6100 Red Hook Quarter,B3 St,Thomas 00802 USVI | U.S.TIN/EIN: | 66-0765963 | |
| 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.; Corporation with 1000 issued.All issued shares are owned by Jeffrey Epstein.Jeffrey Epstein is the President and sole shareholder and owner. | ||||
| Please indicate how ownership of the legal entity is reflected: | ||||
| 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): | ||||
| 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)? | YesNo | |||
| Describe Nature of Entity's Primary Business and Investment Activities | ||||
| Nature of the business: | Investment holding company.A private company that is used to hold investments that the sole owner,Jeffrey,would like to keep separate from other investments | |||
| Countries where business is transacted: | USVI | |||
| Number of employees: | 2 | |||
| 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):Capital contribution of $1000 from Jeffrey Epstein | ||||||
| Estimated gross receipts($): | ||||||
| Estimated net profit($): | ||||||
| Estimated investable assets($): | <$1 MM | |||||
| Potential Amount to be invested with PWM($): | 100,000.00 | |||||
| Other Known Financial Institutions: | ||||||
| Institution: | JPMorgan | Country: | USA | Est. Assets Under Mgt: | 100,000.00 | |
| Institution: | Country: | Est. Assets Under Mgt: | ||||
7/30/2019 DB-SDNY-0002803 EFTA_00016277¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
EFTA00167029¶
KYC Print¶
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| 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 |
EFTA_00016278¶
EFTA00167030¶
KYC Print¶
Page 9 of 12¶
DB PWM GLOBAL KYC/NCA: US/LatAm/Int’l PART B¶
| Relationship Name | SOUTHERN FINANCIAL RELATIONSHIP | ||||||
| Risk Rating Comments: | |||||||
| Booking Center | NY | NY/Offshore | Offshore | Moderate Risk | High Risk | Gwen Hill | |
| (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 | |
| PCR checks complete | Yes | No negative results found Yes | |
| OFAC checks complete | Yes | No negative results found Yes | |
| BIS searches complete (Lexis/Nexis, Factiva, Reuters, Dow Jones, | Yes | No negative results found Yes | |
| Denial Orders checks complete | Yes | No negative results found Yes | |
| Martindale-Hubbell searched (Lawyers/Law Firms only) | Yes | No negative results found Yes | |
| Please summarize any negative results from the database searches indicated above: DARREN INDYKE: KYC approved in case #1133737 Negative media: only references Darren briefly as a lawyer who helped subdivided a townhouse. | |||
| D. | JEFFREY EPSTEIN: KYC Approved and all pertaining documents in case #1121718 and 01082293. In the attached legal proceedings, one is a false positive for Jeffrey S. Epstein (not Jeffrey E. Epstein) and the other contains no new information. The case relates to jurisdiction over disclosing correspondence from a previous trial that was addressed in previous KYCs. | ||
| MORT INC: All negative media does not pertain to our client. All court cases do not pertain to our client | |||
| 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 Mgt. (LaAn/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? | ||
| 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/contents 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?¶
7/30/2019 DB-SDNY-0002805 EFTA_00016279¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
EFTA00167031¶
KYC Print¶
Page 10 of 12¶
| ☐ Yes ☑ No | |
| Is there any indication the client set up a non operating company expressly for the purpose of transferring shares to third parties? | ☐ Yes ☑ No |
| Is there any indication this could be a prohibited business relationship? | ☐ Yes ☑ No |
| Are the bearer shares identified subject to acceptable controls? | ☐ Yes ☑ No |
https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e.. CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
7/30/2019¶
DB-SDNY-0002806¶
EFTA_00016280¶
EFTA00167032¶
KYC Print¶
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| M. Case Comments |
| No records to display. |
| ONSHORE APPROVALS | |||
| Client Facing Professional(CFP): | Paul Morris | (Signature) Paul Morris | 10/5/2015 |
| Office Director/Business Head: | Andrew F Gallivan | (Signature) Andrew F Gallivan | 10/5/2015 |
| Regional Office Director: | (Signature) | ||
| AML Business Risk: | (Signature) | ||
| AML Compliance: | Dimitra Manley | (Signature) | 10/5/2015 |
| Dimitra Manley | |||
| Gwen Hill | Gwen Hill | 10/5/2015 | |
| 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) | ||
PRIVATE WEALTH MANAGEMENT POLICY STATEMENT: Deutsche Bank Private Wealth Management (PWM) worldwide is committed to professionally serve the interests of its clients. To do so, Client Facing Professionals1(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.¶
| 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-0002807 |
7/30/2019 DB-SDNY-0002807 EFTA_00016281¶
EFTA00167033¶
KYC Print¶
Page 12 of 12¶
Deutsche Bank Americas New York¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
7/30/2019 DB-SDNY-0002808 EFTA_00016282¶
EFTA00167034¶