EFTA01480584.pdf

Is this client a Professional Service Provider acting as a No financial Intermediary (Gatekeeper/Financial Liaison), with assets held on behalf of one or more unidentified underlying clients unknown to the bank? Is this entity a Private Equity Fund (Venture Capital Fund or No Leveraged Buyout)? Is this a Hedge Fund? (Pooled investment vehicles (often No partnerships) that primarily invest financial capital of third party investors in enterprises that are too nsky for the standard capital markets or bank loans.) Is this a Cash Intensive business? (Cash-intensive No businesses/entitles exist in various industry sectors and include, but are not limited to convenience stores, grocery stores, restaurants, bars, retail stores, liquor stores, cigarette distributors, privately owned ATMs, vending machine operators and parking garage operators.) Is this entity any of the following business types? aa. None of the abear Is the Entity a Personal Holding Company (PHC) or Personal No Investment Company (PIC) located in an offshore jurisdiction? Expected Activity Deposit Account(s) Transaction Types Expected Activity Levels Anticipated Dollar Amount Totals per Month Cash Deposits Cash Withdrawals Chock Deposits Checks Paid Incoming Wires (Domestic) Li .: i I. 10i $500.001 TO 51000000 Outgoing Wires (Domestic) Lei.: il.10i $500001 TO 51000000 Incoming Wires (Intemationah Outgoing Wires (International) ACH Deana. ACH Payments Internal Transfer (DebitsaCredits) Asset PurchasesGalos What is the Initial/ongoing source of fund ng for the client's Deposit Account(s) 7 Funding amount. $25.0000ther • Wire The ongoing soursce of funding will come from Jeffs personal accounts as needed. the money in that acccounl comes from his investment intone. What is the purposelintended use of account(s)? Please provide a detailed description of how the Deposit Account(s) will be used by the client. The purpose of this company is to pay for the maintance of a plane. Credit Types of Credit Lino or Credit Anticipated Dollar Amount Totals per 1.00000 Month What is the purpose/Intended use of account(s)? Please provide a detailed description of how the Credit will be used by the client. This eeiity currently has a coprorate credit issued to them. Monthly payments depend on monthly purchases Additional Client Information Please include any additional information that would further explain your knowledge of the client (family treeMistory, public Information. websstes. etc.) Country of Primary Assets: USA Jeffrey Epstein is an existing client of PS. He is an active brokerage client covered on the GIO desk. Jell is weal know to tho integrated team and senior management. Jeffrey Epstein has been a money manager for high net viorth individualteMrOprOneur and personal investor, the learn has regular discussion with lit. Epstein and he remains very accessible. Me. Epstein is well known to several JPM PB employees. 6.18.10. Mr. Epstein completed serving out his house nest. Wo have met regularly with compliance and legal do discuss the feattionship and any potential toputalional risk concerns. We continuo to monitor the situation closely and monitoring the accessional news stories regarding Mr. Epstein and snit lawsuits and monitor closely money movement. Mr. Epstein is managing his corn personal wealth January 27, 2011 update: A few news stories during 2010 connects Jeffrey Epstein to human trafficking. The coverage team along with Catherine Keating and Wiliam Langford all met to discuss the situation and agreed to enhance monitoring and document a discussion with the client. Jos Staley discussed the topic with Jeffrey Epstein who replied there was no truth to the allegations, no evidence and was not expecting any problems. We will continue to monitor the accounts and cash usage closely going for acrd. We continue to monitor the relationship closely and no additional stories or allegations have surfaced recently and Jeffrey maintain a irdessional relationship with the PB and integrated team Comment History State Name Creation Date Entered B Comment Preview Confidential Treatment Requested by JPM-SDNY-00002784 JPMorgan Chase CONFIDENTIAL SDNY_GM_00271982 EFTA01480584