EFTA01299260.pdf

Cynthia Rodriguez
From: Kshitij Golani
Sent: Monday, July 10, 2017 4:29 PM
To: Cynthia Rodriguez
Cc: PWMUS AMLKYC
Subject: CLEARED: RDC Alert Southern Financial LLC [I]
Attachments: RDC Alert Southern Financial LLC.PDF
Classification: For Internal use only
Hello,
AML Compliance reviewed 4 RDC alerts generated for Southern Financial LLC. Southern Financial LLC has a banking
and a brokerage relationship with DB. See KYC 1790655/GCIS 483882.
Alert Details —
Alert 1, Southern Financial Group, which is based in South Carolina, was shut down by the Securities and Exchange
Commission after being charged in 2002 with a $25 million Ponzi scheme.
Alert 2. Southern Financial Group, which is based in North Carolina, was charged in 2008 with securities fraud in
connection with a high-yield investment scheme involving the unregistered offer and sale of Securities.
Alert 3, Southern Financial Services, aka Southern Financial Services Inc., which is based in North Carolina, was charged
in 2011 for fraudulently inducing clients to deposit monies and purported to provide asset management, IRA accounts,
and wills and trusts services.
Alert 4. Southern Financial Group Inc, which is based in South Carolina, was accused in 2008 of running a so-called Ponzi
scheme by soliciting cash from new investors to pay off redemptions to earlier investors.
AML compliance clears the above alerts as false positive as the legal name and location of the alerted subjects do not
match that of our client. In addition, our client did not exist when the above activity took place as our client has an
incorporation date of February 25th 2013. Based on the facts just mentioned, there is reasonable belief that the alerted
subject is not our client.
Thanks
a
Kshitij Golani (KG.), CAMS
Vice President I AML Compliance Officer
Deutsche Bank
60 836 New York, NY, USA
Tel.
Email
From: Carl Timcke On Behalf Of PWMUS AMLKYC
Sent: Monday, July 10, 2017 2:35 PM
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To: Kshitij Golani <
Subject: FW: ROC Alert Southern Financial LLC [I]
Classification: For Internal use only
From: Cynthia Rodriguez
Sent: Friday, July 07, 2017 1:00 PM
To: PWMUS AMLKYC <
Subject: RDC Alert Southern Financial LLC [I]
Classification: For Internal use only
Dear AML Compliance,
Attached is an RDC alert for Southern Financial LLC, part of KYC remediation case 01790655. These are false positives
as the alerts are referencing Southern Financial Services Inc and Southern Financial Group Inc. This entity has no relation
to either of these entities. Jeffrey Epstein is the ultimate beneficial owner of Southern Financial LLC residing at 6100 Red
Hook Quarter B3 US Virgin Islands 00802. Please provide clearance. Thank you.
Kind regards,
Cynthia Rodriguez
Cynthia Rodriguez
Assistant Vice President
Deutsche Bank Trust Company Americas
Deutsche Bank Wealth Management
345 4th Fl 10154-0004 New York, NY, USA
Tel.
Fax
Email
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