EFTA01594110.pdf

Due Diligence Report Ellmax JP Morgan Chase EFTA01594110 Executive Summary On 8/29/2011, GS&I was requested by Paul Morris to conduct a background investigation. Full research was conducted on Ellmax in FL only. Throughout this search, the following records were researched: Company and corporate records, RDC (Regulatory Data Corp), MIS (McDonald Information Services), Factiva (Public Figures & Associates Database), CSSS/- FPS internal database search (JPMorgan Chase Fraud Prevention List Review), state & federal court searches, personal particulars, publications, regulatory sanctions, FINRA/NFA and OFAC (Office of Foreign Asset Control). Please Note: All research is subject to the availability of electronic database resources. EFTA01594111 Our searches revealed the following: Ellmax Company records search revealed records found. Corporate records search revealed records found. Other databases (RDC/MIS/Factiva) revealed no records found. Internal database search revealed no records found. State court searches revealed no records found. Federal court searches revealed no records found. Publications revealed no records found. Regulatory sanctions search revealed no records found. A search of OFAC did not reveal any matches. Ghislaine Maxwell Internal database search revealed prior GSI research and the following derogatory information was reported:RNSeveral newspaper articles detailing the investigation conducted by Britain's Serious Fraud Office against Robert Maxwell. He allegedly used pension funds to service debts, cover operating losses, gamble in the foreign exchange markets, and support the stock of his publicly held companies. The agency is also looking into a complaint from Swiss Bank Corp., which says it did not receive collateral for a $100 million loan to a small private Maxwell company.RNewspaper article dated 12/01/2000, which stated that "Ghislaine Maxwell's source of wealth is being classified as something of a mystery."ENewspaper article dated 08/09/1996 detailing the arrest of Ghislaine Maxwell on DWI charges.NNumerous newspaper articles detailing the criminal fraud charges brought against Kevin and Ian Maxwell (sons of Robert Maxwell).UNewspaper article dated 6/23/2005 detailing Robert Maxwell misappropriated funds from the companies under his control. According to the newspaper article, "He pledged assets as security for additional loans", but instead of delivering the assets to the lender, he would simply sell the assets for cash. "For example, Berlitz language school was supposedly sold to a Japanese publishing company, but the shares had previously been pledged as security for loans from Swiss Volksbank and Lehman Brothers." EFTA01594112 TABLE OF CONTENTS U TOC \o "1-3" \h \z \u HYPERLINK \l "Toc305506719" 1COMPANY INFORMATION PAGEREF _Toc305506719 \h nom • HYPERLINK \I " Toc305506720" =CORPORATE RECORDS 2 PAGEREF Toc305506720 \h • HYPERLINK \l " Toc305506721" RFROFAC/CONTROL LIST SEARCH 1i PAGEREF Toc305506721 \h EFTA01594113 COMPANY INFORMATION Subject Summary Name Address Phone County/FIPS ELLMAX LLC -1331 None Listed Name Variations/DBAs - 1 records found Name Variations 1. ELLMAX, LLC Addresses - 2 records found Address Dates County MSA 1. 12/15/2010 2. 7D 1/12/2011 MIAMI-DADE Profile Information - 1 records found 1: ELLMAX, LLC Company Name: ELLMAX, LLC Date Of Incorporation: 12/15/2010 State Of Incorporation: FL Charter Number: L10000128558 Status Of Incorporation: ACTIVE Corporation Structure: FLORIDA LIMITED LIABILITY Executives - 1 records found Name Titles 1. MS, MAXWELL G MANAGER Registered Agents - 1 records found Name Address 1. CT CORPORATION SYSTEM • Company ID Numbers - 1 records found Company ID Numbers Sec. of State Charter No(s): FL, L10000128558 Business Associates - 1 records found Name Address 1. THE SYLSYL CORPORATION -1331 Person Associates - 2 records found Name Address 1. MAXWELL, G -1353 EFTA01594114 2. MS, MAXWELL G -1353 EFTA01594115 CORPORATE RECORDS Florida Secretary of State Corporate Filing Business Information Filing Number: L10000128558 Name: ELLMAX, LLC Name Type: LEGAL STANDARD MAILING Address: -1331 ORIGINAL MAILING Address: r- PRINCIPAL Address: SUITE 7D Business Type: FLORIDA LIMITED LIABILITY Status: ACTIVE Place Incorporated: FLORIDA Date Incorporated: 12/15/2010 Foreign/Domestic: DOMESTIC Registered Agent Name: CT CORPORATION SYSTEM Title: REGISTERED AGENT Re istered A ent Address Officers Name: MAXWELL, G Title:MEMBER MANAGER Contact Type:MEMBER/MANAGER/PARTNER Status:ACTIVE Standard Address: Type:CONTACT -1353 Original Address: EFTA01594116 OFAC/CONTROL LIST SEARCH E EFTA01594117 Confidential Due Diligence Report Confidential - This report is not to be disseminated or photocopied to any third party without the express consent of Global Security & Investigations. 511938611A el PAGE HO EFTA01594118