EFTA01298149.pdf

rdc
DB12000P - Deutsche Bank Private Bank Alert
Batch Date: 8/20/2018 Alert Date: 8/20/2018
Added to Monitoring: 08/20/2018
Organization: Southern Financial LLC
Address: :51Uhtly VIRGIN ISLANDS. U.S.
Tracking ID: KYC 01977703 Reporting ID:
Alerted Entity tr- 1 of 2 Risk Priority: Critical Alert ID:
Entity Information
Entity ID:
Riskid: R22436125
Entity Name: Southern Financial Services
Alias: Southern Financial Services Inc.
Address: Asheville. North Carolina. UNITED STATES
Recent Event(s): • FRD - Fraud, Scams. Swindles I ASC - Associated with, Seen with, 02/04/2011
U.S. Attorney Anne M. Tompkins announced that. James W. "Bin" Bailey, Jr. had his initial appearance on
three federal crintinal counts. Securities Fraud. Mail Fraud and Filing False Tax Returns Charges, which
was filed in a Bill of Information in U.S. District Court in Asheville on February 1, 2010. The counts against
Bailey charge that he engaged in a "Ponzi" scheme from about January 2000 to December 2010 to
defraud investors of more than $13 million. According to the Bill of Information, the defendant founded and
operated Southern Financial Services Inc, 1031 Exchange Services, LLC and AVL Properties, LLC in
Asheville. Court documents state that through Southern Financial Services Inc., Bailey fraudulently
induced clients to deposit monies and purported to provide asset management, IRA accounts, and wills
and trusts services., 02/04/2011, DOJ US Attorneys Offices Press Releases 2009 to 2012
• SEC - SEC Violations (Insider Trading, Securities Fraud)! ASC - Associated with, Seen with, 02/04/2011
U.S. Attorney Anne M. Tompkins announced that, James W. "sr Bailey. Jr. had his initial appearance on
three federal criminal counts, Securities Fraud, Mail Fraud and Filing False Tax Returns Charges, which
was filed in a Bill of Information in U.S. District Court in Asheville on February 1. 2010. The counts against
Bailey charge that he engaged in a "Ponzi" scheme from about January 2000 to December 2010 to
defraud investors of more than $13 million. According to the Bill of Information, the defendant founded and
operated Southern Financial Services Inc, 1031 Exchange Services, LLC and AVL Properties, LLC in
Asheville. Court documents state that through Southem Financial Services Inc.. Bailey fraudulently
induced clients to deposit monies and purported to provide asset management, IRA accounts, and wills
and trusts services., 02/04(2011, DOJ US Attorneys Offices Press Releases 2009 to 2012
• TAX - Tax Related Offenses / ASC - Associated with, Seen with, 02/04/2011
U.S. Attorney Anne M. Tompkins announced that, James W. "Br Bailey. Jr. had his initial appearance on
three federal criminal counts, Securities Fraud, Mail Fraud and Filing False Tax Returns Charges, which
was filed in a Bill of Information in U.S. District Court in Asheville on February 1, 2010. The counts against
Bailey charge that he engaged in a "Ponzi" scheme from about January 2000 to December 2010 to
defraud investors of more than $13 million. According to the Bill of Information, the defendant founded and
operated Southern Financial Services Inc, 1031 Exchange Services. LLC and AVL Properties. LLC in
Asheville. Court documents state that through Southem Financial Services Inc., Bailey fraudulently
induced clients to deposit monies and purported to provide asset management. IRA accounts. and wills
and trusts services., 02104/2011, DOJ US Attorneys Offices Press Releases 2009 to 2012
Event: • FRD - Fraud. Scams, Swindles! ASC - Associated with, Seen with, 02/04/2011
U.S. Attorney Anne M. Tompkins announced that, James W. "Bilr Bailey. Jr. had his initial appearance on
three federal criminal counts, Securities Fraud, Mail Fraud and Filing False Tax Returns Charges, which
was filed in a Bill of Information in U.S. District Court in Asheville on February 1. 2010. The counts against
Bailey charge that he engaged in a "Ponzi" scheme from about January 2000 to December 2010 to
defraud investors of more than $13 million. According to the Bill of Information, the defendant founded and
Consistent was the terms and con:Steen of yo.ii ROC Sutaaber Apreernot. the infarrotion tont:ono, ler this determent is fix alert purposes only and is not tote used to, outpostsof celermntra an
oncadquars &awhile/ tot any anal 01 arty other FCRA pemsssINts paroles Use' tunner agrees to hail such material and infonhatico n 4,rcMV confidence not to make use treet otne' than 'ot aumerahl
purposes, to tOlatO tONy to OftclOy00$ requiring SOO OSOZSTIOtell Yet fa ID release Of &whose rt SO any other pony Tre Alen information oontaned el It% rICOttrOtrt May a may not porton to the irldrottrail
a entity referenced n your inquiry SDNY_GM_00062208 Ripe I °I)
IDENTIAL
CONFIDENTIAL - PURSUANT TO FED. R.QPN(E DB-SONY-0025033
EFTA_00172718
EFTA01298149

rdc
DB12000P - Deutsche Bank Private Bank Alert
Batch Date: 8/20/2018 Alert Date: 8/2012018
Added to Monitoring: 08/20/2018
Organization: Southern Financial LLC
Address: Country.VIRGIN ISLANDS, U.S.
Tracking ID: KYC 01977703 Reporting ID:
Alerted Entity ft. 1 of 2 Risk Priority: Critical Alert ID:
operated Southern Financial Services Inc, 1031 Exchange Services, LLC and AVL Properties, LLC in
Asheville. Court documents state that through Southern Financial Services Inc., Bailey fraudulently
induced clients to deposit monies and purported to provide asset management, IRA accounts, and wills
and trusts services.. 02/04/2011. DOJ US Attorneys Offices Press Releases 2009 to 2012
• SEC - SEC Violations (Insider Trading, Secunties Fraud)/ ASC - Associated with, Seen with, 02/04/2011
U.S. Attorney Anne M. Tompkins announced that, James W. "BiW Bailey. Jr had his initial appearance on
three federal criminal counts, Securities Fraud, Mail Fraud and Filing False Tax Returns Charges, which
was filed in a Bill of Information in U.S. District Court in Asheville on February 1, 2010. The counts against
Bailey charge that he engaged in a "Pone scheme from about January 2000 to December 2010 to
defraud investors of more than $13 million. According to the Bill of Information, the defendant founded and
operated Southern Financial Services Inc, 1031 Exchange Services, LLC and AVL Properties, LLC in
Asheville. Court documents state that through Southern Financial Services Inc., Bailey fraudulently
induced clients to deposit monies and purported to provide asset management, IRA accounts, and wills
and trusts services., 02/04/2011, DOJ US Attorneys Offices Press Releases 2009 to 2012
• TAX - Tax Related Offenses / ASC - Associated with. Seen with, 02/04/2011
U.S. Attorney Anne M. Tompkins announced that, James W. 'sr Bailey. Jr. had his initial appearance on
three federal criminal counts, Securities Fraud, Mail Fraud and Filing False Tax Returns Charges. which
was filed in a Bill of Information in U.S. District Court in Asheville on February 1, 2010. The counts against
Bailey charge that he engaged in a "Ponzi" scheme from about January 2000 to December 2010 to
defraud investors of more than $13 million. According to the Bill of Information, the defendant founded and
operated Southern Financial Services Inc, 1031 Exchange Services, LLC and AVL Properties, LLC in
Asheville. Court documents state that through Southern Financial Services Inc., Bailey fraudulently
induced clients to deposit monies and purported to provide asset management, IRA accounts, and wills
and trusts services.. 02/04/2011, DOJ US Attorneys Offices Press Releases 2009 to 2012
Alert Notes
Notes: Southem Financial Services. aka Southern Financial Services Inc., was associated with fraud.
Source Information
RDC URL: https://orid.rdc.conWiss/entity.html7entityld=c9fe552c3e68e6325d3f3d53eb346cc4
Source Name: RiskConnect, 08/20/2018
Entity URL: http://www.justice.00v/usao/ncw/pressibillbailey.html
Sources: DOJ US Attomeys Offices Press Releases 2009 to 2012, DOJ US Attorneys Offices Press Releases 2009 to
2012, http;//www.justice gov/usao/offices/index.html
Consistent will the teem and cantata* al your ROC Subsate. Apreernat the rdarrobon contaned wt this document is lc, alert purposes only and is not tote used to manes of delearontng an
indiSKILoarli ellalbelyta any aeat et any Ohm FCRApannisabia ptexaes Use, runner areas* hold SOCI1 MAW'S, and intonranon.n moats( conridence net to make use thereof otna than for IliAllatied
Pflanak to Waal toNy to arnbaYasurtelorag war rasonTotay and rndtoanaand "dna I t any over Party Tne Merl intortnano, <octane(' r‘ Mrs doannt erOyee may nce pertan so the mdractual
a entity referenced gn your ACIllify. SDNY_GI14/4_00062209 rise 2 CI 3
IDENTIAL
CONFIDENTIAL - PURSUANT TO FED. R.QQN(E DB-SDNY-0025034
EFTA_00172719
EFTA01298150

rdc
DB12000P - Deutsche Bank Private Bank Alert
Batch Date: 8/20/2018 Alert Date: 8/20/2018
Added to Monitoring: 08/20/2018
Organization: Southern Financial LLC
Address: Cmuiiiiy VIRGIN ISLANDS. U.S.
Tracking ID: KYC 01977703 Reporting ID:
Alerted Entity Et 2 of 2 Risk Priority: Critical Alert ID: 15385628.11638483.63653446
Entity Information
Entity ID: 63653446
Riskid: R22433111
Entity Name: Southern Financial Group Inc.
Address: Summerville
Recent Event(s): • SEC - SEC Violations (Insider Trading, Securities Fraud) / ACC - Accuse, 12/15/2008
accused of running a so-called Ponzi scheme by soliciting cash from new investors to pay off redemptions
to earlier investors, 12/15/2008. The Post and Courier (Charleston SC)
Event: • SEC - SEC Violations (Insider Trading, Securities Fraud)! ACC - Accuse, 12/15/2008
accused of running a so-called Ponzi scheme by soliciting cash from new investors to pay off redemptions
to earlier investors, 12/15/2008, The Post and Courier (Charleston. SC)
Alert Notes
Notes: Southern Financial Group Inc.. was accused of sunning a so-called Ponzi scheme by soliciting cash from
new investors to pay off redemptions to earlier investors.
Source Information
RDC URL: https://grid.rdc.corn/wss/entity.html?entityld=cd06df1e138aac735d3f3d53eb346cc4
Source Name: RiskConnect. 08/20/2018
Sources: The Post and Courier (MCT), MEDIA Article,Headline:The Post and Courier. Charleston, S.C.. On Business
column, http://global.factiva.conVen/du/article.asp7NAPC=S&AccessionNo=KRTCN00020081216e4cf00001
Ccosetent wO the teem and cent:lean el yeti ROC Subset* Agreement the naccrrobon cent:mod in this *cement is fa alert purposes only and is na tote used to, patentsof cleteenntre an
'atwitter s eaproiRytot any cell or any ocher FCRA pemassble prosotes User further agrees to had sum moire, and intamanon n grata <condone/ net to mate use thereof an.' man M. atmageti
purposes, to relate t only to employees requiring suds informaten and rot to togas° or esthete Ft to any other pany 1re Alta *gammon COrtin0CI s11114 diXigrent filly cc may na portant° toe indmagai
a earn referenced in your tKpAry SDNY_GM_00062210 P.Pe 3 Ci 3
IDENTIAL
CONFIDENTIAL - PURSUANT TO FED. R.cON(F DB-SDNY-0025035
EFTA_0017 2720
EFTA01298151