KYC Print¶
Page 1 of 18¶
DB PWM GLOBAL KYC/NCA: PART A¶
One sheet must be established per relationship - list all accounts included in the relationship¶
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: This KYC is a periodic review for high risk remediation Original KYC1346733 | ||
| How Was the Client(s) Introduced? How long has the RM personally known the client? | ☑ Client Referral | ☐RM Prospect |
| Please provide details (e.g. name of referral source, how many years RM personally has known client, etc.): Jeffrey Epstein reached out to Stew Oldfield on 3/7/17 to have a new acct opened under Zorro Management LLC and add two new signors to this new acct only. | □ Yes | ✓ No |
| Does Deutsche Bank pay a retrocession or similar compensation to a third party for the introduction of this relationship? | (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 | Gratitude America, Ltd-44133251 | 2/18/2015 |
| 2 | Neptune, LLC - Deposit-42953424 | 10/18/2013 |
| 3 | NES, LLC - Deposit-42953758 | 11/8/2013 |
Who is the primary contact person for the RM? (Note: This person needs to have signature rights and/or information right for the accounts.): | Darren Indyke | Preferred method of contact (indicate phone no., fax no., e-mail address, etc.): |¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000195¶
USAO 001158 7/11/2019¶
EFTA_00019068¶
EFTA00168815¶
KYC Print¶
Page 2 of 18¶
One sheet must be established for each account to be opened¶
| 2. Account Ownership Summary | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Account Name: | Gratitude America, Ltd | Acct. Number (if available): | 44133251 | |||||||||||
| 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 funds and earn interest. | ||||||||||||||
| Indicate from where the assets are expected to arrive? ☑ DB Group: Same Booking Center (indicate account number): 44133251 ☐ 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)? Roughly 1-3 inflows and outflows per month ranging from $10,000 to $100,000 | ||||||||||||||
| What is the expected volume of assets and currency for the account approx. 90 days after opening? | 339,273.79 | Currency | USD | |||||||||||
| What is the expected volume of assets and currency for the account approx. one year after opening? | 320655.00 | 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 list 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 or 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 | □ | □ | Darren Indykke | □ | □ | □ | □ | □ | □ | □ | □ | □ | ||
| 2 | □ | ✓ | Jeffrey E. Epstein | □ | □ | ✓ | ✓ | □ | □ | □ | □ | □ | sole member of LLC | |
| 3 | ✓ | ✓ | Gratitude America Ltd | ✓ | □ | □ | □ | □ | □ | □ | □ | □ | ||
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000196¶
USAO 001159 7/11/2019¶
| EFTA_00019069 | | :--- | :--- |¶
This is a simple Markdown document with no headings, paragraphs, or tables. It contains just one line of text.¶
EFTA00168816¶
KYC Print¶
Page 3 of 18¶
| 2. Account Ownership Summary | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Account Name: | Neptune, LLC - Deposit | Acct. Number (<if available>) | 42953424 | |||||||||||
| 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)? Checking account used for the daily needs of running Jeffrey Epstein's home in NYC. | ||||||||||||||
| Indicate from where the assets are expected to arrive? | ||||||||||||||
| ☑ DB Group: Same Booking Center (indicate account number): 42953424 ☐ 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)? Roughly 10 inflows and outflows per month ranging from $1,100 to $10,000 | ||||||||||||||
| What is the expected volume of assets and currency for the account approx. 90 days after opening? 147,865.38 Currency usd | ||||||||||||||
| What is the expected volume of assets and currency for the account approx. one year after opening? 275000 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 | Sector of Trust / Founder of Foundation | Ultimate Beneficiary Owner | Signatory or 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 | ☐ | ☑ | Jeffrey E. Epstein | ☐ | ☐ | ☐ | ☑ | ☐ | ☐ | ☐ | ☐ | sole member of Neptune llc. | ||
| 2 | ✓ | ✓ | Neptune, LLC | ✓ | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ | |||
| 3 | ☐ | ☐ | Darren Indyk | ☐ | ☐ | ☐ | ☐ | ☑ | ☐ | ☐ | ☐ | |||
| 4 | ☐ | ☐ | Harry Beiler | ☐ | ☐ | ☐ | ☐ | ☑ | ☐ | ☐ | ☐ | |||
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000197¶
USAO 001160 7/11/2019¶
EFTA_00019070¶
EFTA00168817¶
KYC Print¶
Page 4 of 18¶
| 2. Account Ownership Summary | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Account Name: | NES, LLC - Deposit | Acct. Number (if available): | 42953758 | ||||||||||
| Account Manager: | stewart oldfield | ||||||||||||
| What is the purpose of the account (e.g. portfolio management, advisory account, custody services, long-term investment, payment/experse account)? Deposit 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): 42953758 ☐ 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)? 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? 319,765.84 Currency usd | |||||||||||||
| What is the expected volume of assets and currency for the account approx. one year after opening? 150000.00 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 Owners(s). | |||||||||||||
| Legal Entity of Source of Wealth required | Parties related to this account | Account Holder | PIC Owner | Settor of Trust / Founder of Foundation | Ultimate Beneficial Owner | Signator 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 | □ | ✓ | Jeffrey Epstein | □ | □ | □ | ✓ | □ | □ | □ | □ | □ | □ |
| 3 | □ | □ | Darren Indyke | □ | □ | □ | ✓ | □ | □ | □ | □ | □ | □ |
| 4 | □ | □ | Harry Beller | □ | □ | □ | ✓ | □ | □ | □ | □ | □ | □ |
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000198¶
USAO 001161 7/11/2019¶
| EFTA_00019071 | | :--- | :--- |¶
This is a simple Markdown document with no headings, paragraphs, or tables. It contains just one line of text.¶
EFTA00168818¶
KYC Print¶
Page 5 of 18¶
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 Avenue, 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) | Yes No | ||||
| Is the individual a Politically Exposed Person(PEP)?(if Yes, describe) | Yes No | ||||
| To the best of your knowledge, is the individual related to an employee of the DB group?(if Family or Friendship, describe) | Family Friendship None | ||||
| 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) | Yes No | ||||
| 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: | ||||
| □ | □ | ||||
| □ | □ | ||||
| □ | □ | ||||
| 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 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: | |||||
DB-SDNY-0000199¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
USAO 001162 7/11/2019¶
EFTA_00019072¶
EFTA00168819¶
KYC Print¶
Page 6 of 18¶
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000200¶
USAO 001163 7/11/2019¶
EFTA_00019073¶
EFTA00168820¶
KYC Print¶
Page 7 of 18¶
One sheet must be established for EACH INDIVIDUAL PARTY in Section 2. Account Ownership Summary¶
| 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 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) | Yes No | |||||
| Is the individual a Politically Exposed Person(PEP)?(if Yes, describe) | Yes No | |||||
| To the best of your knowledge, is the individual related to an employee of the DB group?(if Family or Friendship, describe) | Family Friendship None | |||||
| 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) | Yes No | |||||
| 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: | |
| □ | □ | □ | ||||
| □ | □ | □ | ||||
| □ | □ | □ | ||||
| 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 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: | ||||
DB-SDNY-0000201¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
USAO 001164 7/11/2019¶
EFTA_00019074¶
EFTA00168821¶
KYC Print¶
Page 8 of 18¶
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000202¶
USAO 001165 7/11/2019¶
EFTA_00019075¶
EFTA00168822¶
KYC Print¶
Page 9 of 18¶
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 E. 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 United States | 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 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) | □ Yes ✔ No | |||||
| Is the individual a Politically Exposed Person (PEP)?(if Yes, describe) close relationship with Bill Clinton and Prince Andrew. | ✓ Yes □ No | |||||
| To the best of your knowledge, is the individual related to an employee of the DB group?(if Family or Friendship, describe) | □ Family □ Friendship ✔ None | |||||
| 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) | ✓ Yes ✔ No | |||||
| 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 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.)Jeffrey Edward Epstein(born January 20,1953) is an American financier and registered sex offender in the United States.He worked at Bear Stearns early in his career and then formed his own firm,J.Epstein & Co.In 2008,Epstein was convicted of soliciting an underage girl for prostitution,for which he served 13 months in prison.He lives in the US Virgin Islands.Epstein taught calculus and physics at the Dalton School in Manhattan from 1973 to 1975.Among his students was a son of Alan C.Greenberg,chairman of Bear Stearns.In 1976,Epstein started work as an options trader at Bear Stearns where he worked in the special products division,advising high-net-worth clients on tax strategies.Proving successful in his financial career,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 $1 billion in net worth.In 1987,Leslie Wexner,founder and chairman of Ohio-based The Limited chain of women's clothing stores,became a well-known client.Wexner acquired Abercrombie & Fitch the following year.In 1992 he converted a private school on the Upper East Side into an enormous residence.Epstein later bought that property,the wealthiest part of Manhattan.In 1996,Epstein changed the name of his firm to the Financial Trust Company and,for tax advantages,based it on the island of St. Thomas in the U.S.Virgin Islands.In 2003,Epstein bid to acquire New York magazine.Other bidders were advertising executive Donny Deutsch,investor Nelson Peltz,media mogul and publisher Mortimer Zuckerman,who had the New York Daily News,and film producer Harvey Weinstein.They were ultimately outbid by Bruce Wasserstein,a longtime Wall Street investor,who paid $55 million. | ||
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000203¶
USAO 001166 7/11/2019¶
EFTA_00019076¶
EFTA00168823¶
KYC Print¶
Page 10 of 18¶
In 2004, Epstein and Zuckerman committed up to $25 million to finance Radar a celebrity and pop culture magazine founded by Maer Roshan. Epstein and Zuckerman were equal partners in the venture. Roshan, as its editor-in-chief, retained a small ownership stake.¶
Presently, Mr. Epstein founded Southern Trust Company Inc, a private consulting company that invests the assets of their clients and gets their revenue from the return of these investments. Southern Trust invests in different portfolios catered to their clients and makes their revenue based on the returns and the fees associated with managing their client’s assets.¶
Estimated Annual Income($): 10,000,000.00¶
Estimated 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:¶
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: | Gratitude America Ltd - 00000499760 | ||
| 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:4/25/2012 | |
| Volcker Status: | Estate or Charitable/Philantophic | Volcker Flag:No | |
| Address(city, street, post code): | 6100 Red Hook Quarter,B3 St. Thomas 00802 United States | U.S.TIN/EIN:66-0789697 | |
| 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.:501(c)3 foundation.Jeffrey Epstein is president,Darren Indyke is treasurer and Erika Kellerhals is Secretary.The signors on this account are Jeffrey Epstein and Darren Indyke | |||
| 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).501(c)3 foundation.Jeffrey Epstein is president,Darren Indyke is treasurer and Erika Kellerhals is Secretary.The signors on this account are Jeffrey Epstein and Darren Indyke | |||
| 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: | The foundation has not yet started distributing funds and is still determining what endeavors they will support.They hope to support a broad range of efforts including,but not limited to,education,science,research,etc. | ||
| Countries where business is transacted: | USA,USVI | ||
| Number of employees: | 3 | ||
| 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): | |
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000204¶
USAO 001167 7/11/2019¶
| EFTA_00019077 | | :--- | :--- |¶
This is a simple Markdown document with no headings, paragraphs, or tables. It contains just one line of text: “EFTA_00019077”.¶
EFTA00168824¶
KYC Print¶
Page 11 of 18¶
| Estimated gross receipts | 500,000.00 | ||||
| Estimated net profit | 500,000.00 | ||||
| Estimated investable assets | $2MM-5MM | ||||
| Potential Amount to be invested with PWM | 100,000.00 | ||||
| Other Known Financial Institutions: | |||||
| Institution: | DB | Country: | USA | Est. Assets Under Mgt: | 100,000.00 |
| Institution: | Country: | Est. Assets Under Mgt: | |||
| Institution: | Country: | Est. Assets Under Mgt: | |||
| 3C. Legal Entity Details(For all Legal Entities) | ||||
| Legal Entity Name: | Gratitude America - | |||
| 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:4/25/2012 | ||
| Volcker Status: | Estate or Charitable/Philantrophic | Volcker Flag:No | ||
| Address(city, street, post code): | 6100 Red Hook Quarter,B3 St. Thomas 00802 | U.S.TIN/EIN:66-0789697 | ||
| 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.501(c)3 foundation.Jeffrey Epstein is president,Darren Indyke is treasurer and Erika Kellerhals is Secretary.The signors on this account are Jeffrey Epstein and Darren IndykePlease indicate how ownership of the legal entity is reflected:501(c)3 foundation.Jeffrey Epstein is president,Darren Indyke is treasurer and Erika Kellerhals is Secretary | ||||
| 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):501(c)3 foundation.Jeffrey Epstein is president,Darren Indyke is treasurer and Erika Kellerhals is Secretary.The signors on this account are Jeffrey Epstein and Darren 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: | The foundation supports a broad range of efforts including,but not limited to,education,science,research,etc. | |||
| Countries where business is transacted: | USA,USVI | |||
| Number of employees: | 3 | |||
| 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):The foundation is funded by Jeffrey Epstein.Please revert to his source of wealth for more details. | |
| Estimated gross receipts($): | 500,000.00 |
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000205¶
USAO 001168 7/11/2019¶
| EFTA_00019078 | | :--- | :--- |¶
This is a simple Markdown document with no headings, paragraphs, or tables. It contains just one line of text.¶
EFTA00168825¶
KYC Print¶
Page 12 of 18¶
| Estimated investable assets ($): | <$1 MM | ||||||
| Potential Amount to be invested with PWM ($): | 100,000.00 | ||||||
| Other Known Financial Institutions: | |||||||
| Institution: | DB | Country: | USA | Est. Assets Under Mgt: | 100,000.00 | ||
| Institution: | Country: | Est. Assets Under Mgt: | |||||
| Institution: | Country: | Est. Assets Under Mgt: | |||||
| 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: | Neptune, LLC - 00000487264 | ||||||
| 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: | 12/21/2011 | ||||
| Volcker Status: | Determination Required | Volcker Flag: | No | ||||
| Address(city, street, post code): | 6100 Red Hook, Quarter B3 St, Thomas 00802 | U.S. TIN/EIN: | 45-4093384 | ||||
| Provide a description of the entity's organizational structure, its ownership structure and its Top Management. For trusts/foundations, include information about revocability,settlement and beneficiaries,etc.;Single member LLC, Jeffrey Epstein is the sole member.The signors on this account are Jeffrey Epstein,Harry Beller,and Darren Indyke. | |||||||
| 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: | This LLC was formed to hold the funds necessary to cover the costs and taxes associated with running Jeffrey Epstein's NYC home | ||||||
| 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 LLC is funded my contributions made by Jeffrey Epstein. | |
| Estimated gross receipts($): | 1,000,000.00 |
| Estimated net profit($): | 1,000,000.00 |
| Estimated investable assets($): | <$1 MM |
| Potential Amount to be invested with PWM($): | |
DB-SDNY-0000206¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
USAO 001169 7/11/2019¶
| EFTA_00019079 | | :--- | :--- |¶
This is a simple Markdown document with no headings, paragraphs, or tables. It contains just one line of text.¶
EFTA00168826¶
KYC Print¶
Page 13 of 18¶
| Other Known Financial Institutions: | |||||
| Institution: | db | Country: | usa | Est. Assets Under Mgt: | |
| Institution: | Country: | Est. Assets Under Mgt: | |||
| Institution: | Country: | Est. Assets Under Mgt: | |||
| 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: | Determination Required | No | |
| Address(city, street, post code): | 6100 Red Hook Quarter,B3 St,Thomas 00802 United States | 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,settlor and beneficiaries,etc.;Single member LLC.Jeffrey Epstein is the sole member.The signors on this account are Jeffrey Epstein,Darren Indyke and Harry Beller | |||
| 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: | 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 previously | |||||
| Estimated gross receipts($): | 1,000,000.00 | ||||
| Estimated net profit($): | 500,000.00 | ||||
| Estimated investable assets($): | <$1 MM | ||||
| Potential Amount to be invested with PWM($): | |||||
| Other Known Financial Institutions: | |||||
| Institution: | DB | Country: | USA | Est. Assets Under Mgt: | |
DB-SDNY-0000207¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
USAO 001170 7/11/2019¶
EFTA_00019080¶
EFTA00168827¶
KYC Print¶
Page 14 of 18¶
| Institution: | Country: | Est. Assets Under Mgt: | |||
| Institution: | Country: | Est. Assets Under Mgt: |
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000208¶
USAO 001171 7/11/2019¶
EFTA_00019081¶
EFTA00168828¶
KYC Print¶
Page 15 of 18¶
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 | Yoonsun 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 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: GRATITUDE AMERICA: No negative media No court cases | |||
| D. | DARREN INDYKE: Negative media mentions his name as an owner of a building. The negative media is not about him individually but about the others mentioned. No court cases | ||
| E. | JEFFREY EPSTEIN: Previously approved KYC #: 01082293 & 01121718 All negative media pertains to court cases which have been previously approved in the above mentioned KYCs. Court Cases have been closed | ||
| Neptune LLC: The court case in the research is a false positive and does not refer to the entity that is part of this KYC. The entity in the court case refers to a NYC entity owned by Salvatore Judice, where as the entity in this KYC is a USVI entity solely owned by Mr. Epstein. Neptune LLC owned by Jeffrey Epstein donated to Gary King's campaign for $5,200 in 2006. Mr. Epstein is already noted as a PEP | |||
| F. | Yes | No | |
| To the best of your knowledge, has the client ever been convicted of a criminal offense? | |||
| G. | Yes | No | |
| 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)? | |||
| H. | 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/contents of the non-English Documentation: | ||
| L. | Special Risk Factors | ||
DB-SDNY-0000209¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
USAO 001172 7/11/2019¶
EFTA_00019082¶
EFTA00168829¶
KYC Print¶
Page 16 of 18¶
| 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 |
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000210¶
USAO 001173 7/11/2019¶
EFTA_00019083¶
EFTA00168830¶
KYC Print¶
Page 17 of 18¶
| M. Case Comments | ||
| Created By | Date | Comments |
| Dimitra Manley | 8/16/117 3:06 PM | This KYC serves as a high risk update for the below listed clients(together "accountholders")-1. Gratitude America, Ltd2. Neptune, LLC3. NES, LLCBelow are the reasons why we are comfortable with approving this KYC:Information and supporting documents required by our AML Policy were provided and reviewed;and as a result,we have an understanding of the structure of the account holders,their purpose,the purpose of the accounts and expected transaction activity.There are a few risk factors associated with the account holders-SOW:The UBOs(Jeffrey Epstein) is the founder of Southern Trust Company Inc,which manages clients assets.SOW verification was obtained.Negative Media&PEP:There is some negative media against Mr Epstein and he is also maintains a close relationship with Bill Clinton and Prince Andrew.Please see risk calculator for more information.Appropriate approval was obtained.Our review did not identify any red flags and thus there was no need to escalate this case further.We performed due diligence searches on all parties and did not find the names searched to be on any sanctions lists |
| Cynthia Rodriguez | 8/16/117 1:32 PM | Client confirmed on a call that there were no changes to these accounts on 7/26/2017. |
| Cynthia Rodriguez | 7/13/117 10:05 AM | Haze Trust and Butterfly trust have been removed from this remediation kyc and added to kyc case 01804531as beneficiary information is still pending. |
| Cynthia Rodriguez | 7/10/117 11:59 AM | Source of Wealth for Jeffrey Epstein is attached. |
| ONSHORE APPROVALS | |||
| Client Facing Professional(CFP): | stewart oldfield | (Signature) stewart oldfield | 7/5/2017 |
| Office Director/Business Head: | Andrew F Gallivan | (Signature) Andrew F Gallivan | 7/6/2017 |
| Regional Office Director: | (Signature) | ||
| AML Business Risk: | (Signature) | ||
| AML Compliance: | D. Manley obo Kshitij Golani | (Signature) | 8/16/2017 |
| D. Manley obo Kshitij Golani | |||
| Yoonsun Chung | Yoonsun Chung | 8/16/2017 | |
| 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) | ||
DB-SDNY-0000211¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
USAO 001174 7/11/2019¶
EFTA_00019084¶
EFTA00168831¶
KYC Print¶
Page 18 of 18¶
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¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000212¶
USAO 001175 7/11/2019¶
EFTA_00019085¶
EFTA00168832¶