EFTA01480919.pdf

Provide client history/detail, including when the relationship Jeffrey epstein has been a client of the Private Bank for over ten was established, how it came to be in PBIPWM, client's years. Jeffrey's felony offense is well documented and he association with other JIM LOBS, etc. complete his sentence and probabtion two years ago. No material developments or issues with client relationship over the past twelve months. Client known to whom (JPMorgan employees), how well, and Integrated team. u. management (see notes). Known for ten how long: years. Regular dialogue with client. Overall PB/PWM relationship size and type of accounts: Jeffrey maintains a brokerage trading relationship across multiple entities (>5100 million) and also maintain numerous checking acconntsfor personal and business working capital Is this a shared client, what other LOB has a relationship with No. as of now Jeffrey works with the U.S. Private Bank the client? Provide relationship manager name (if known), client of other LOB since (date), and relationship size? When was the last lime you met the client? What was the May 2012. investments?&E. regular investments discussion reason for the meeting? Describe any significant changes In the client's information Nothing material to note over past twelve months. Of material events that may have occurred over the last year (Examples: address changes, change in authorized persons on accounts, change in account type, change in business, change in net worth, etc,). Cash Activity: Summarize client cash activity during the cash activity has been as expected. Jeffrey travels intensely period reviewed and explain the purpose I use of the funds: overseas and on occassion has to pay cash for fuel in certain countries. Jeffrey maintains numerous estate arecond the world Wire Activity: Summarize client wire activity during the Nothing additional to note and within expectations. period reviewed and explain the purpose f use of the funds, including any International/cross border wires: Before answering the following question please review the Yes Annual Account History Activity Summary Report that has been attached in the Summary tab. Did the actual transaction activity appear reasonable, normal, and expected for the type of business or industry in which the client engages? Was the nature, value, and volume of actual transaction Ye, activity consistent with expected transaction activity? Was any unusual or potentially suspicious transaction No activity detected? Additional Comments NA Expected Activity Deposit Account(s) Transaction Types Expected Activity Levels Anticipated Dollar Amount Totals per Month Cash Deposits Low (1.10) 510.003 TO $50.003 Cash Withdrawals Low (1-101 $10.000 TO $SO,CCO Check Deposits Low (1-101 $10,000 TO 550.003 Checks Paid Low (1-10) POMO TO $50.003 Incoming Wires (Domestic) Low (1.10) $10.000 TO 550,003 Outgoing Wires (Domestic) Low (1.10) $10.000 TO 550.003 Incoming Wires (International) Outgoing Wires (Intomational) ACH Deposits ACH Payments Internal Transfer (Debits/Credits) Low (1.10) $10,000 TO $50,000 Asset Purchases/ales What Is the initial/ongoing source of fund ng for the client's Deposit Account(s) ? This is a annual review. The account has al eady been funded. Any ongoing source of funding will be from assets obtained through personal investments and from internal transfer of funds from personal account held at JPMorgan. What is the purposenntended use of account(s)? Please provide a detailed description of how the Deposit Account(s) will be used by the client. Operationalthousehold checking accounts and custody account to hold money market funds. Epstein has a chocking account in personal name and a large trading account for his company. Financial Trust Company LLC. Account is used for maintenance of his various homes and lifestyle expenses: not unusual for the client to pull cash out up to 550K. Personal accts. are pnmariy funded from Mr. Epstein's personal investment entity (which invests mostly in JPM MM Funds). Checking account is used for personal investments and to pay everyday and monthly expenses, Review the activity for the period overall and explain how the client's transaction profile agrees with or doesn't agree with expectations for the client based on the client relationship (purpose of accounts, occupation, business activity. etc.): Compliance reviews activity regularly. Was expected activity for the client modified in the transaction activity section of the KYC ticket? Yes If modified, explain. Activity modified to reflect client's current transaction activity. Client Directed Asset / Brokerage Account(s) Transaction Types Expected Activity Levels Anticipated Dollar Amount Totals per Month Cash Deposits Cash Withdrawals Check Deposits Checks Paid Incoming Wires (Domestic) Outgoing Wires (Domestic) Confidential Treatment Requested by JPM-SDNY-00003161 JPMorgan Chase CONFIDENTIAL SDNY_GM_00272359 EFTA01480919