KYC Print Page 1 of 10 DB PWM GLOBAL KYC/NCA: PART A # 1. Relationship Details | Relationship Name: | SOUTHERN FINANCIAL RELATIONSHIP:00000483290 | Booking Center: | New York | | :--- | :--- | :--- | :--- | | Relationship Manager: | Stewart Oldfield | | | | 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: | | | | How Was the Client(s) Introduced? How long has the RM personally known the client? | ✓ Client Referral | ☐ RM Prospect | ☐ Intermediary/FIM | ☐ Other Source (CIB, etc.) | | 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. He and Darren Indykle reached out to Stew Oldfield on 12/12/2016 to open a checking account for its newest entity, Zorro Management LLC | | | | Does Deutsche Bank pay a retrospection 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 | Zorro Management, LLC - Deposit | 12/27/2016 | Who is the primary contact person for the RM? (Note: This person needs to have signatory rights and/or information right for the accounts.): | Darren Indykke | Preferred method of contact (indicate phone no., fax no., e-mail address, etc.): | | 7/30/2019 DB-SDNY-0002823 CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e) EFTA_00016297 EFTA00167049 KYC Print Page 2 of 10 One sheet must be established for each account to be opened # 2. Account Ownership Summary | Account Name: | Zorro Management, LLC - Deposit | Acct. Number (if available): | | :--- | :--- | :--- | | Account Manager: | stewart oldfield | | What is the purpose of the account (e.g. portfolio management, advisory account, custody services, long-term investment, payment/expense account)? the purpose of this account is to manage the daily expenses of the company Indicate from where the assets are expected to arrive? ☑ DB Group: Same Booking Center (indicate account number): 35269691 ☐ DB Group: Other Booking Center (indicate DB location and account details): ☐ Other Institution – (Indicate name & location): ☐ 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)?: 0-10 inflows/outflows between 50k and 100k on a monthly basis What is the expected volume of assets and currency for the account approx. 90 days after opening? 1000000 Currency usd What is the expected volume of assets and currency for the account approx. one year after opening? 1000000 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 | Settler 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/Settlor | Founding Donor | Other (please describe other roles and/or indicate relationship between parties) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | 1 | ✓ | ✓ | Zorro Management, LLC | ✓ | □ | □ | □ | □ | □ | □ | □ | □ | □ | □ | □ | | 2 | □ | ✓ | Jeffrey Epstein | □ | □ | □ | ✓ | □ | □ | □ | □ | □ | □ | □ | □ | | 3 | □ | □ | Darren Indyk | □ | □ | □ | ✓ | □ | □ | □ | □ | □ | □ | □ | □ | 7/30/2019 DB-SDNY-0002824 CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e) EFTA_00016298 EFTA00167050 KYC Print Page 3 of 10 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 - 00000483289Date of Birth:1/20/1953
Country of Residence:USVICountry of Citizenship:USA
Address of primary residence:Litte Saint James Saint Thomas 00802Has client resided outside of his/her country of nationality for 5 years or more?□ Yes ☑ No
Profession/Occupation:Self EmpolyedTax ID / SSN:
Current Employer:Southern Financial LLCPosition/Title/Rank:President
Address of employer:6100 Red Hook Quarter B3 St, Thomas United States 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:
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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 in 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($):10,000,000.00Estimated amount of investable assets($):$50 MM-100 MM
Estimated Net Worth($):$500 MM+Amount of assets planned to invest with PWM($):
Other Known Financial Institutions:
Institution:Country:Est. Assets Under Mgt:
Institution:Country:Est. Assets Under Mgt:
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Institution:Country:Est. Assets Under Mgt:
Please indicate the family situation of the individual (marital status, other family members, etc.)：
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EFTA_00016300 EFTA00167052 KYC Print Page 5 of 10 One sheet must be established for EACH INDIVIDUAL PARTY in Section 2. Account Ownership Summary # 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 | | :--- | :--- | | Country of Residence: | USA | | Address of primary residence: | Lawyer | | Profession/Occupation: | Lawyer | | Current Employer: | Southern Financial LLC | | Address of employer: | 575 Lexington Ave, 4th Fl Livingston NY United States 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: | | :--- | :--- | :--- | :--- | :--- | | Stewart Oldfield | ✓ | □ | □ | 12/12/2016 | | | □ | □ | □ | | | | □ | □ | □ | | **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: 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 trust, how did settler 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.): 7/30/2019 DB-SDNY-0002827 EFTA_00016301 CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e) EFTA00167053 KYC Print Page 6 of 10 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:Zorro Management, LLC - 00000550331
Type of Entity:Foundation/Association Trust Company Estate PartnershipPurpose of Entity:Private Investment Philanthropic/Charitable Commercial
Type of Entity Other(specific):LLCPurpose of Entity Other(specific):
Country of incorporation/registration:USADate of incorporation/ registration:12/14/2016
Volcker Status:Determination RequiredVolcker Flag:No
Address(city, street, post code):6100 Red Hook Quarter,B3 St. Thomas;USVI 00802 United StatesU.S. TIN/EIN:09044334B
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.:Jeffrey Epstein is the sole manager and owner of this entity.
Signors on this account will be:Jeffrey EpsteinDarren Indyke
Please indicate how ownership of the legal entity is reflected:
Special attention:Bearer Shares-Indicate where shares are custodiedDescribe the chain from the direct owner of the entity to the ultimate beneficial owner(if not the same persons):Jeffrey Epstein is the sole manager and owner of this entity.Signors on this account will be:Jeffrey EpsteinDarren IndykeTo 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:a real estate holding company.It is a company formed to run and operate all activities associated with a property that Jeffrey Epstein owns in the US Virgin Islands.
Countries where business is transacted:USA
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):This company is funded by Jeffrey Epstein's personal wealth
Estimated gross receipts($):1,000,000.00
Estimated net profit($):1,000,000.00
Estimated investable assets($):$1MM-2MM
Potential Amount to be invested with PWM($):
Other Known Financial Institutions:
Institution:Country:Est. Assets Under Mgt:
Institution:Country:Est. Assets Under Mgt:
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EFTA00167055 KYC Print Page 8 of 10 DB PWM GLOBAL KYC/NCA: US/LatAm/Int'l PART B
Relationship NameSOUTHERN FINANCIAL RELATIONSHIP
Risk Rating Comments:
Booking CenterNYNY/OffshoreOffshoreModerate RiskHigh RiskYoonsun Chung
(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 completeYesNonegative results foundYes No
PCR checks completeYesNonegative results foundYes No
OFAC checks completeYesNonegative results foundYes No
BIS searches complete (Lexis/Nexis, Factiva, Reuters, Dow Jones,YesNonegative results foundYes No
Denial Orders checks completeYesNonegative results foundYes No
Martinade-Hubbell searched (Lawyers/Law Firms only)YesNonegative results foundYes No
D.Please summarize any negative results from the database searches indicated above:
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. (LaBM/Tntl) 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/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
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
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M. Case Comments
Created ByDateComments
Cynthia Rodriguez12/15/116 2:42 PMRecent research for Darren Indyke and Jeffrey Epstein can be found in case 01651789.
ONSHORE APPROVALS
Client Facing Professional(CFP):terri sohrab(Signature)terri sohrab12/15/2016
Office Director/Business Head:Armen Brash(Signature)Armen Brash12/15/2016
Regional Office Director:(Signature)
AML Business Risk:(Signature)
AML Compliance:Dimitra Manley(Signature)12/20/2016
Dimitra Manley
Yoonsun ChungYoonsun Chung12/20/2016
LATAM/INTERNATIONAL APPROVALS
Client Facing Professional(CFP):(Signature)
Account Manager:(Signature)
Global Market Team Head(GMTH)/SubMarket 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. Deutsche Bank Americas New York
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DB-SDNY-0002831 EFTA_00016305 EFTA00167057 KYC Print Page 10 of 10 CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e) 7/30/2019 DB-SDNY-0002832 EFTA_00016306 EFTA00167058