EFTA01364028.pdf

rdc Organization: Southern Financial LLC DB12000P - Deutsche Bank Private Bank Batch Date: 6/15/2017 Added to Monitoring: 06/15/2017 Alert Date: Alert 6/15/2017 Address: Country VIRGIN ISLANDS, U.S. Tracking ID: KYC 1790655 Reporting ID: Alerted Entity # 3 of 4 Risk Priority: Critical Alert ID: 9476247.11602637.64747171 Entity Information Entity ID: 64747171 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 / ASC - Associated with. Seen with, 02/04/2011 U.S. Attorney Anne M. Tompkins announced that, James W. "Bar' 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 "Ponzr 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. "Bill" 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 "Ponzr 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. "Bill' 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 "Ponzr 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 Co-modest uith the terms and condsbens d your RDC Sutsonber Agreement the informaban contained in ths document is for alert purposes only and not to be used fa purposes of deteerraning an rolreoluafs *Avidly la any cede or any othev FCRA permissible purposes User further agrees to hold such matenal and intonation in totes! co-dIdence. not to matte use thereof other than Iv authorged purposes to relate a only to employees rogueing such sterrohon, and not to release a disclose n to any other party The Alert Somata, contained in the elcourront nay or my not pertain to tt.e pni:Podua' a eity referenced et your ilquily. Page 7 01 9 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0054528 CONFIDENTIAL SDNY_GM_00200712 EFTA01364028