EFTA01480788.pdf

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 Yes activity consistent with expected transaction activity? Was any unusual or potentially suspicious transaction No activity detected? Additional Comments NIA Expected Activity Client Directed Asset! Brokerac e 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) . _ _ Incoming Wires (International) Low (I -10) <510.000 Outgoing Wires (Inlemationall ACM Deposits ACM Payments Internal Transfer (Debits/Credits) Asset Purchases/ales Low (1-10) .510.000 What is the Initial/ongoing source of fund ng for the client's Client Directed Asset! Brokerage Account(s) ? The initial source of funding wig be from an external wire trailer of funds from Fast Bank Virgin Islands Bank in the amount of 5500 Any ongoing source of funding will also be from First Bank Virgin Islands Bank ham returns on various investments. What Is the purposeAntended use of account(s)? Please provide a detailed description of how the Client Directed Asset! Brokerage Accounts) will be used by the client The purpose of the account is to purchase securities for future wealth accurnmulaban. 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.): This account continuos to have low activity. Was expected activity tor the client modified in the transaction activity section of the KYC ticket? No Additional Client Information Please Include any additional information that would further explain your knowledge of the client (family tree/history. public information websftes etc. Jeffrey Epstein (SSN: DO13: 01/20/1953 US Citizen) is an existing client of PB. He is an active brokerage client across asset classes currently cove • • • y 1 e Firm's GIO desk. Jeffrey Epsteet has been an investment advisor for numerous high net worth clients and also a personal investor. Jeffrey is very accessible and well known to the team. Wo have advised him on investments as well as estate planning opponun dies. Jeffrey has continues to be well connected across business channels. Epstein is well known to several JPM Pa employees and senior management including Jes Staley. Also. Mr. Epstein was convicted of a felony charge in 2008. Jos Staley conferred with Stephen Cutler and the decision was made to keep Mr. Epstein as a PB client Mr. Epstein completed his sentence and probation in 2010. The relationship has been reviewed with senior management and consilianceiregal on a few occasions over the post year as news stories of Jeffrey's past are picked up. No new claims or stories have surfaced recent' . Comment History Er rP El Creation Date Entered B Comment Preview Market Mena.e royal 12)06.2013 02 35 PM TOWNSEND C SMITH We are exam( this relationsh CEOApproval I2:1S2013 07 02 PM JOHN R DUFFY Approval History MITT= S • noff Date Owner SID Owner Name Banker Attestation 11/15r2013 08.03 JUSTIN D NELSON PM 1 12/06/2013 02:35 TOWNSEND C SMITH PM Regional Director 12108201303:40 SYRIAN M SHERIDAN A oval PM CEO Approval 1211520130792 JOHN R DUFFY PM Confidential Treatment Requested by JPM-SDNY-00003010 JPMorgan Chase CONFIDENTIAL SDNY_GM_00272208 EFTA01480788