KYC Print¶
Page 1 of 10¶
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 | 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: Initial funding must take place by 02/13/2018 in order to purchase assets for the trust. | |||
| 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 reached out to Stew Oldfield on 2/02/2018 to open a new deposit account for his annuity trust. Initial funding must take place by 02/13/2018 in order to purchase assets for the trust. | |||
| 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 | The 2017 Caterpillar Trust - Deposit | 2/13/2018 |
| Who is the primary contact person for the RM? (Note: This person needs to have signatory rights and/or information right for the accounts.): | Groff, Lesley | Preferred method of contact (indicate phone no., fax no., e-mail address, etc.): |
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000300¶
https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e…¶
USAO 001263 7/11/2019¶
EFTA_00019173¶
EFTA00168920¶
KYC Print¶
Page 2 of 10¶
One sheet must be established for each account to be opened¶
| 2. Account Ownership Summary | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Account Name: | The 2017 Caterpillar Trust - 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 hold the member interest in IGO Company LLC | ||||||||||||||
| 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): ☐ 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)? less than 2 distributions on an annual basis between $0 and $100k | ||||||||||||||
| What is the expected volume of assets and currency for the account approx. 90 days after opening? 300000CurrencyUSD | ||||||||||||||
| What is the expected volume of assets and currency for the account approx. one year after opening? 300000CurrencyUSD | ||||||||||||||
| 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 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 or Source of Wealth required | Description of Wealth required | Parties related to this account | Account Holder | PIC Owner | Settler of Trust / Founder Foundation | Ultimate Beneficial Owner | Signatory for Full POA | Limited POA | Financial Intermediary (FIM) | Significant Shareholder (> 52%) Non-PIC entity (indicate ownership %) | Legal Representative (≥ 52%) Non-PIC entity (indicate ownership %) | Grantor/Settler | Founding Donor | Other (please describe other roles and/or indicate relationship between parties) |
| 1 | ✓ | ✓ | The 2017 Caterpillar Trust | ✓ | □ | □ | ✓ | □ | □ | □ | □ | □ | □ | □ |
| 2 | □ | ✓ | Jeffrey E Epstein | □ | □ | ✓ | ✓ | □ | □ | □ | □ | □ | □ | Beneficiary; Grantor and Beneficiary of The 2017 Caterpillar Trust; Grantor of the 2013 Butterfly Trust; |
| 3 | □ | □ | Wallace Daphne | □ | □ | □ | □ | ✓ | □ | □ | □ | □ | □ | Trustee;; trustee; |
| 4 | □ | □ | Groff, Lesley | □ | □ | □ | ✓ | □ | □ | □ | □ | □ | □ | trustee;; trustee; |
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000301¶
USAO 001264 7/11/2019¶
https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e…¶
EFTA_00019174¶
EFTA00168921¶
KYC Print¶
Page 3 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: | Jeffrey E. Epstein | 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 Employed | Tax ID #/SSN: | |
| Current Employer: | Southern Trust Company 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)?(☐ Yes, describe) connection with Prince Andrew and Bill Clinton?¶
☐ Yes ☐ No¶
To the best of your knowledge, is the individual related to an employee of the DB group?(☐ 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)?(☐ 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) |
| 1978, Epstein started work as an optician trainee at Bear Stearns where he worked in the special products division, advancing high-net-worth clients on tax strategies. Proving successful his financial career, in 1980 Epstein became a partner at Bear Stearns. |
| 1982, Epstein founded his own financial management firm. I am its chairman, II is Co., managing the assets of clients with more than $1 billion in net worth. In 1987, Leslie Warren found and chairman of Other based the Limited chair of other’s portfolio, became a waived owner client. Weiner acquired Abercrombie & Fitch. In 1992 he converted his school on the Upper East Side into an enormous residence. Epstein later bought that property, in 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. |
| Business Owner |
Further Describe Source of Wealth (Detail the history of wealth for each of the sources: (e.g. for trusts, how did they 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 Dawley Epstein (born January 20, 1953) is an American financier and registered sex offender in the United States. He worked at IBM, where he served 13 months in prison. He lives in the US Virgin Islands. Epstein taught calculus and physics at the Dalton School in Marlarkton from 1973 to 1975. Among his students was a son of Alan C. Greenberg, chairman of Bear Stearns.¶
Primary Country of source of Wealth/Source of Funds?¶
Primary Industry of source of Wealth/Source of Funds?¶
Summary Source of Wealth:¶
Business Owner | Salary/Earnings | Investment/H inheritance/Gifts | Other |¶
Further Describe Source of Wealth (Detail the history of wealth for each of the sources: (e.g. for trusts, how did they 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 Dawley Epstein (born January 20, 1953) is an American financier and registered sex offender in the United States. He worked at IBM, where he served 13 months in prison. He lives in the US Virgin Islands. Epstein taught calculus and physics at the Dalton School in Marlarkton from 1973 to 1975. Among his students was a son of Alan C. Greenberg, chairman of Bear Stearns.¶
Primary Country of source of Wealth/Source of Funds?¶
Primary Industry of source of Wealth/Source of Funds?¶
Summary Source of Wealth:¶
Business Owner | Salary/Earnings | Investment/H inheritance/Gifts | Other |¶
In 2013, Epstein bid to acquire New York magazine, other holders were advertising Denny Desch, 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.¶
In 2014, Epstein and Zuckerman committed up to $25 million to finance Donny Radice a radio艺人 and pop culture magazine founded by Mear Rohan. Epstein and Zuckerman were equal partners in the rooftop, as an office-retained a small ownership stake. They were a waived owner client. Weiner acquired Abercrombie & Fitch. In 2015, Epstein invested in different portfolios catered to their clients and makes their revenue based on the returns and the fees associated with managing their client’s assets.¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000302¶
USAO 001265 7/11/2019¶
https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e… 7/11/2019¶
EFTA_00019175¶
EFTA00168922¶
KYC Print¶
Page 4 of 10¶
| Estimated Annual Income($): | 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.)： | |||||||||
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000303¶
https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N3000000D9Di&e..¶
USAO 001266 7/11/2019¶
EFTA_00019176¶
EFTA00168923¶
KYC Print¶
Page 5 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: Wallace, Daphne - Date of Birth: Country of Residence: USVI Country of Citizenship: USVI Address of primary residence: Has client resided outside of his/her country of nationality for 5 years or more? Yes No Profession/Occupation: Finance Tax ID / SSN: Current Employer: Southern Trust Company Inc. Position/Title/Rank: controller Address of employer: 6100 Red Hook Quarter 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) 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:¶
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 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.).¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000304¶
USAO 001267 7/11/2019¶
https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e… 7/1¶
| EFTA_00019177 | | :--- | :--- |¶
This is a simple Markdown document with no headings, paragraphs, or tables. It contains just the text “EFTA_00019177”.¶
EFTA00168924¶
KYC Print¶
Page 6 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: | Groff, Lesley - |
|---|---|
| Country of Residence: | USA |
| Address of primary residence: | |
| Profession/Occupation: | Attorney |
| Current Employer: | Darren K Indyke PLC |
| Address of employer: | 575 Lexington Avenue 4th FL new york 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:¶
| 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 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.):¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000305¶
USAO 001268 7/11/2019¶
https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N3000000D9Di&e… 7/1¶
EFTA_00019178¶
EFTA00168925¶
KYC Print¶
Page 7 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: | The 2017 Caterpillar Trust | |||
| Type of Entity: | Foundation/AssociationTrustCompanyEstatePartnership | Purpose of Entity: | Private InvestmentPhilanthropic/CharitableCommercial | |
| Type of Entity Other(specify): | Purpose of Entity Other(specify): | |||
| Country of incorporation/registration: | Virgin Islands, U.S. | Date of Incorporation/registration:1/3/2017 | ||
| Volcker Status: | Determination Required | Volcker Flag:No | ||
| Address(city, street, post code): | 6100 Red Hook Quarter B3, St Thomas 00802 United States | U.S. TIN/EIN: | ||
| 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.This is a grantor retained annuity trust that holds membership interest in IGO Company LLC. This trust will terminate two years from the date of initial funding and annual annuity distributions will be paid to the grantor only. Upon termination, the membership interest will then transfer to the 2013 Butterfly Trust.Grantor: Jeffrey EpsteinTrustee: Lesley Groff and Daphne WallaceBeneficiaries: Jeffrey Epstein and The 2013 Butterfly Trust(upon termination of trust) | ||||
| Please indicate how ownership of the legal entity is reflected: trust agreement | ||||
| 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): Grantor: Jeffrey EpsteinTrustee: Lesley Groff and Daphne WallaceBeneficiaries: Jeffrey Epstein and The 2013 Butterfly Trust(upon termination of trust) | ||||
| 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: | This is a grantor retained annuity trust that holds membership interest in IGO Company LLC. | |||
| Countries where business is transacted: | usa | |||
| Number of employees: | 0 | |||
| 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 source of wealth for this trust derives from Jeffrey Epstein.Please revert to his source of wealth for more details. | |||||
| Estimated gross receipts p.a($): | 1,000,000.00 | ||||
| Estimated net profit p.a($): | 1,000,000.00 | ||||
| Estimated investable assets($): | $1MM-2MM | ||||
| Potential Amount to be invested with PWM($): | 1,000,000.00 | ||||
| Other Known Financial Institutions: | |||||
| Institution: | Country: | Est. Assets Under Mgt: | |||
| Institution: | Country: | Est. Assets Under Mgt: | |||
| Institution: | Country: | Est. Assets Under Mgt: | |||
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000306¶
USAO 001269 7/11/2019¶
https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N3000000D9Di&e… 7/11¶
| EFTA_00019179 | | :--- | :--- |¶
This is a simple Markdown document with no headings, paragraphs, or tables. It contains just the text “EFTA_00019179”.¶
EFTA00168926¶
KYC Print¶
Page 8 of 10¶
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 | ||||
| (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, D&B) | ☑ 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 | |
| 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 in the customer threatening litigation against Deutsche Bank AG or any of its subsidiaries? (If Yes, provide details below and contact Quality Mgt. (LukAm/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/contents of the non-English Documentation: | |||
| L. | Special Risk Factors | |||
| Does the account have Nexus to Special Risk Counties? ☑ 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 | ||||
□ Yes ✔ No¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000307¶
USAO 001270 7/11/2019¶
https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e..¶
EFTA_00019180¶
EFTA00168927¶
KYC Print¶
Page 9 of 10¶
| M. Case Comments | ||
| Created By | Date | Comments |
| Yoonsun Chung | 3/16/118 10:52 AM | The client Trust is registered in US VI, not USA. |
| Matthew-J Purcell | 2/13/118 11:13 AM | This KYC serves as a high risk review for the new client The 2017 Caterpillar Trust (referred as “accountholder”)Below 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 accountholders, their purpose, the purpose of the accounts and expected transaction activityThere are a few risk factors associated with the accountholder-SOW:The UBO (Jeffrey Epstein) is the founder of Southern Trust Company Inc, which manages clients assets.SOW verification was obtainedNegative 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 obtainedOur review did not identify any red flags and thus there was no need to escalate this case furtherWe performed due diligence searches on all parties and did not find the names searched to be on any sanctions lists |
| Cynthia Rodriguez | 2/8/118 10:59 AM | Please Note:The 2013 Butterfly trust is listed as a beneficiary only when the 2017 Caterpillar Trust terminates.Since this beneficiary does not receive the annual annuity payments, it was not added as a party.However,I have attached the trust agreement and list of beneficiaries for this trust as support. |
| ONSHORE APPROVALS | |||
| Client Facing Professional(CFP): | stewart oldfield | (Signature) stewart oldfield | 2/8/2018 |
| Office Director/Business Head: | Andrew F Gallivan | (Signature) Andrew F Gallivan | 2/8/2018 |
| Regional Office Director: | (Signature) | ||
| AML Business Risk: | (Signature) | ||
| AML Compliance: | (Signature) | ||
| Matthew-J Purcell | Matthew-J Purcell | 2/13/2018 | |
| Yoonsun Chung | Yoonsun Chung | 2/13/2018 | |
| 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.¶
CONFIDENTIAL – PURSUANT TO FED. R. CRIM. P. 6(e)¶
DB-SDNY-0000308¶
https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e… 7/1¶
USAO 001271 7/11/2019¶
EFTA_00019181¶
EFTA00168928¶
KYC Print¶
Page 10 of 10¶
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-0000309¶
https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&e…¶
USAO 001272 7/11/2019¶
EFTA_00019182¶
EFTA00168929¶