EFTA01284072.pdf

KYC Print Page I of 14 DB PWM GLOBAL KYC/NCA: PART A KYC Case : 01651789 Status : 6. Approved One sheet must be established per relationship - list all accounts Included In the relationship 1. Relationship Details Relationship Name: EPSTEIN, JEFFREY RELATICtISHIP:000004.33290 Booking Center: I New York Relationship Manager: Stewart Oldfidd • New PWM Relationship I ❑ Existing PWM Relationship Relationship to PWM: If existing, please indicate since when the relationship exists, provide reason for new profile and attach old profile: Update of KYC M01133113. Beneficianes have changed RI Client Referral I❑ RM Prospect to Intermediary/FM t ❑ Other Source (CO3, etc.) How Was the C hent(s) Introduced, Flow long has the RN personally known the Please provide details (e.g. name of referral source, ow many ears RM personally h s known dent, etc.): Jeffrey Epstein client' (President of Gratitude America) Is a current client of the bank and reached out to Stewart Oldfield to update the beneficiaries to his Butterfly Trust. Does Deutsche Bank pay a ❑ Yes EZ No retrocession or similar compensation to a third party for the introduction of des (ff Yes, descnte): relabonship> List all existing and new accounts involved in this relationship Legal Entity Account Name / Number Opening Date (intended/actual) Account(s) 1 Et Butterfly Trust — Checking 10/9/2013 2 irri Butterfly Trust -- Money Market 10/9/2013 Who Is the primary contact Person for the RM? (Note: Preferred method of contact This person needs to have Harry Beier signatory rights and/or (ndicate phone no., fax no., e-mail address, etc.): infermatko right for the accounts.): SDNY_GM_00039985 hups://dbforcepb.my.salesforcaINBIDErNIJIAL000000D9Di&e... 7/30/2019 CONFIDENTIAL - PURSUANT TO FED R CRIM. I.6(e) DB-SDNY-0002809 EF1'A_00150594 EFTA01284072  KYC Print Page 2 of 14 One sheet must be established for each account to be opened 2. Account Ownership Sunman, Account Name: Butterfly Trust — Checking Acct. Number Atavaibbiel Account Manager: Paul Marls What is the purpose d the account (e.g. portfolio maned ment, advisory account, custody services, longterm investment, paymenbexpense account)", TM 6 a checking account to hold funds for the bust Indicate from where the assets are expected to arrive> O DB Group: Same Booking Center (inScate account number): O DB Group: Other Booking Center (Indicate DB location and account deeds): RI Other Institution (Incicate name & location): WMorgan. New York, NY O Physical Deposts (specify cash, securties, cheques, ...): What Is the expected size and frequency of regular Inflows and outflows for the account (ndicate estimated number and volume per month), . Roughly 5- JO Inflows and outflows per month ranging from $1,000 to $20,000 What is the expected volume of assets and cwrency for the account approx. 90 days after I Currency I lisp °Peeling> I What is the expected volume of assets and currency for the account approx. one year after 15,000,000.00 iCurrer:y I u$0 opening> Does/VAII the client have Assets Under Management (AiiM) within CB under Eur. 3M' 0 Yes Olio Please list aN parties related to the account. For each party: • Check if a source of wealth description is required for the party. • check the appropriate box to describe the relationship of the party to this account (> I can be selected). • If none of the check bones apply, describe the party, relation to the account in the -Other column. • Ahneys describe the relationship between the patties in the last olumn. • Please dril down to the ulbmate/undertylng Beneficial Owner(s) _egal5esaipbcri AccoundalC Seth'''. of JIlknate BegnatorNiyatedFinanclal Significant Legal Grantor/Senior Freunclingtiber Enbtrof Source Holder OmerTrust / Beneflciabr Full iCIA IntermediaryShareholderetepresentabve 3orsor (please Fl Wealth Founder orJrwrier ?OA (FIM) (>=25%) describe required Found.Thon Non-PIC other roles entity and/or Parties (indicate ndicate related ownership -elationship tothls Y:i) between account ladles) 1 O 2 Jeffr ey I--, Epstein n Do ❑ O O L., LJ O O • Grantor; 2 0 0 Ha" CI Baer 0 • W •1 M 0 0 0 0 Tivstee:; II Erica 3 O O Kellerhals • O O O 2 O O O O • Trustee:: Butterfly E Do 4 Iii El Trust ❑ • O O O O O O SONY_GM_00039986 tps://dbforcepb.my.salesforcaaNtalaLVIIIAL000000D9Di&e... 7/30/2019 CONFIDENTIAL - PURSUANT TO FED R CRIM.I. 6(e) DB-SDNY-0002810 EFFA_00150595 EFTA01284073  KYC Print Page 3 of 14 2. Account Ownership Summary Account Name: Butterfly Trust -- Money Market Acct. Number Of evadable). Account Manager: Paul Morris What Is the purpose et the account (e.g. portfolio management, advisory account, custody services, long-term investment, payment/expense account)' Money Market account. To hold cash for the trust to earn interest Indicate from where the assets are expected to arrive? O DB Group: Same Booking Center (Indicate account number): O DB Group: Other Booking Center (Indicate DB locator, and account defiles): 741 Other Institution (Indicate name & locator): 1PMagan. New York, NY O Physical Deposes (specify cash, secureies, cheques, ...): What Is the expected it and frequency of regular Inflows and outflows for the account (prithcat estimated number and volume per month)? Roughly 1-2 Inflows and outflows per month ranging from $1,000 to $10,000 What Is the expected volume of assets and currency for the account approx. 90 days after I I Currency I USD °Peeling' What is the expected volume of assets and currency for the account approx. one year after 1,000,00°00 I Currency I USD opening' Does/nill the client have Assets Under Management (AiiM) within C43 under Eur. 3M, I Yes 5 No Please list all parties related to the account. For each party: • Check If a source of wealth description Is required for the arty. • Check the appropriate box to describe the relationship of the party to this account (> 1can be selected). • f non of the check bares apply, describe the partys relation to the account In the 'Other' column. • Ahsays describe the relationship between the parties in the last olumn. • Please drill down to the ultimate/underlying Beneficial Owner(s) _eganescnpbcn AccounWIC Settlor of JIbmate Sgnatorytinvtedkinancial Significant -egal Grantcr/SettbrfoundingOther Entity of Source Holder OnnerTrust / Seneficiafx Full POA ntermedery Sharehdderetepresentabve Donor (please of Wealth Pounder of3vmer ?OA IM) (>=25%) describe required Foundation Non-PIC other roles entity and/or Parties (Skate ndicate related ownership relations*, to this ib) between account males) Jeffrey • ei I O g r—i O O O O O O O Granter; Epstein " 2 2) 5 eljtterrtY 5 Trust O O O O OO O O O any a • O 3 O O I E1 O M O II O Trustee:; BMeller Erika 4 • O O O • Ed O O • O O Trustee:; Kellerhals im SDNY_GM_00039987 hups://dbforcepb.my.salesforeCLINErilEaltiAL000000D9Di&e... 7/30/2019 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. I. 6(e) DB-SDNY-0002811 EFTA_00150596 EFTA01284074  KYC Print Page 4 of 14 One sheet must be established for EACH INDIVIDUAL PARTY in Section 2. Account Ownership Summary 3A. Individual Details (for all parties) Indhnduars Name: Jeffrey Epstein - 00000483289 Date of Birth: 1/20/1953 County of Residence: USVI Country of Cedenship: USA Has dent resided outside of Utte Saint lames Saint Thomas 00802 his/her country of nabonality Oyes ®No Address of primary residence: for 5 years or more' Profession/Occupation: Self Empolyed Tax ID / S511: 090-44-3348 Current Employer: Southern Financial LLC Position/Me/Rank: President Address of employer: 6100 Red Hook Quarter 93 St. Thaws 00802 Does the person work as senior executive of a DO-recognized regulated entity In the financial GI ndustry' or an entity listed on a DO-recognised exchange? (Not applicable for operating entities i--i Yes ICS r2-1 No Is the individial a Politically Exposed Person (PEP)>(d Yes, descnbe) 0 YeS 0 No To the best of your knovAedge, is the individual related to an employee of the DB group>(f 0 Family 0 Friendship 5 None firnO, or FrencWup, desathe) To the best of your knowledge, is the individual party to a nal-banking relationship with Deutsche Bank (e.g., external legal counsel, client referral source, suppler of goods or O Yes J No serykes)'(rf YeArfesage) If applicable, indicate which bank officers have met the Indicate where and Mien the dent meebng(s) took place: Perkin: Ghent Private Client Place of Bank Officer Names) Bank Office: Other Location (specify): Date: Domicile: Business: Paul Morris O • 0 9/13/2013 O O O • • 0 0Wealth Details for this individual are not filled in, because they are the same as for the fdlowing person: 38. Wealth Details (Only for parties requiring source of wealth description as indicated in Section 2) Nature of the Individual's Business: Private investments Primary Country of source of wealth/source of Funds' Primary indusby of source of Wealth/Source of Funds' r._., Summartze Source of Wealth: Ki Business Owner 0 Salary/Earnings Rilmestment 0 Inheritance/Gifts 00ther: Further Describe Source of liVealth /Detail the history of wealth or each of the soaps: (e.g. For trusts, how did settler accumulate weami' For Inheritance, how did family accumulate wealth?For business owners, how long in business, how many employees, level of profitatilty? Indicate type of business, countries of major activities, important business partners.) Epstein began his financial career in 1976 as an options trader at Bear Steams and became a partneri n 1980. In 1982, Epstein founded his own finandal management firm, J. Epstein & Co., managing the assets d clients with more than a billion in net worth. In 19%, Epstein changed the name of his firm to The Financial Trust Company and based It on the Island of St. Thomas In the US Virgin Islands. MI of his clients were anonymous except for the very wealthy businessman Leslie Wexner. /4s wealth has come from his days at Bear Steams and his financial management firms Estimated Annual Income(S): 10,000,000.00 Estimated amount of investable assers(S): $50 WI • 100 MM Estimated Net Wortli(S): $100 MM - 500 MM Amount of assets planned to Invest with PWM(S): 5,000,000.00 Other Known Financial Institutions: Insbbibon: JPM Country: USA Est Assets Under Mgt: 120,000,000.00 SONY_GM_00039988 https://dbforcepb.my.salesforCLINErilDairdiAL000000D9Di&e... 7/30/2019 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. I. 6(e) DB-SDNY-0002812 EFTA_00I 50597 EFTA01284075  KYC Print Page 5 of 14 Institution: Deutsche Bank Country: USA Est Assets Under Mot 70,000,000 00 InstibAion: Country: Est Assets Under INt Please indicate the family skuabon of the individual (marital status, other family members, etc.): SONY_GM_00039989 littps://dbforcepb.my.salesforcCaNtEll0EgSdiA110000000D9Di&e... 7/30/2019 CONFIDENTIAL - PURSUANT TO FED. R 6(e) DB-SDNY-0002813 EF1'A_00150598 EFTA01284076  KYC Print Page 6 of 14 One sheet must be established for EACH INDIVIDUAL PARTY in Section 2. Account Ownership Summary 3A. Individual Details (for all parties) Indus:lust's Name: Harry Baler Date of Beth: County of Residence: USA Country of Citizenship: USA Has dent resided outside of his/her country of nationality O Yes ®No Address of primary residence: 5 years or more Profession/Occupation: Accountant Tax ID / SSN: Current Employer: HUNK Associates, Inc Position/Tele/Rank: Address of employer: Does the person v.ork as senior executive of a DB-recognized regulated entity In the financial m ndustry' or an enbty listed on a CB-recognised exchange' (Not applicable for operating entitles Yes ®No Is the individual a Politically Exposed Person (PEP)W Yes, *untie) ails ga No To the best of your knowledge, is the individual related to an employee of the D8 group'(/ . Family °Friendship 5 None Family or Friend:lag descrthe) To the best of your knowledge, is the individual party to a non-banking relationship with Deutsche Bank (e.g., external legal counsel, client referral source, suppler of goods or O Yes ENO serykes)'(tY Yes,rfescnte) If applicable, indicate which bank officers have met the Indicate where and Wien the client meetirxXs) took place: PerSOn: Client Private Client Plated Bank Officer Names) Bank Office: Other Location (specify): Date: Domicile: "rosiness: • • O O O O ri O O • weatth Details for this individual are not filled in, because they are the same as for the following person: 38. WeaRh Details (Only for parties requiring source of wealth description as indkated in Section 2) Nature of the Individual's Business: Primary Country of source of wealth/source of Funds' Primary industry of source of WealtIVSource cf Funds' Summarize Source of Wee*: 0 Business Owner O Salary/Eamings O Investment O Inheritance/Gifts 00ther: Further Describe Source of Weahh /Detail the history of wealth or each of the scores: (e.g. For trusts, how did setbor accumulate wealth' For inheritance, how did family accumulate wealth?For business owners, how long in baseless, how many employees, level of profltatility? Indicate type of business, countries of major activities, important business partners.) Estimated Annual Income(S): Estimated amount of Investable assets(5): Estimated Net Worth(S): Amount of assets planned to Myst with PWM($): Other Known Financial Institutions: InstibAion: Country: Est Assets Under Mgt: Institution: Country: Est ASsetS Under Mgt: InstMition: Counby. Est Assets Under Mgt. SDNY_GM_00039990 https://dbforcepb.my.salesforcaaNtalacriNaliAL000000D9Ditice... 7/30/2019 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. 1.6(e) DB-SDNY-0002814 EFTA_00150599 EFTA01284077  KYC Print Page 7 of 14 1 I I Please nelicate the family stuabon of the individual (marital status, other family members, et): SDNY_GM_00039991 Imps://dbforcepb.my.salesforcaINEJIDErNidiAL000000D9Di&e... 7/30/2019 CONFIDENTIAL - PURSUANT TO FED R CRIM.I. 6(e) DB-SDNY-0002815 EFTA_00150600 EFTA01284078  KYC Print Page 8 of 14 One sheet must be established for EACH INDIVIDUAL PARTY in Section 2. Account Ownership Somme 3A. Individual Details (for an parties) Individual's Name: Erika Kellethals Date of Birth: County of Residence: USA Country of Citizenship: USA Has dent resided out& of his/her country of nationality IIII Yes Ea No Address of primary residence: kw 5 yews or more' ProfessioniOccupation: Attorney Tax ID / 55N: Current Employer: Kenerhals Ferguson Kroblin PLLC POSItiangPM/Ranic Address d employer: Does the person work as senior executive of a DB-recognized regulated entity In the financial n ndustry' or an entity listed on a Cewecognised exchange' (Pict applicable for operating entitles Yes ONO Is the individual a Politically Exposed Person (PEP)W Yes, describe) Oyes Et No To the best of your knowledge, is the individual related to an employee of the DB groupyrie O Family O Friendship EA None Family or Friendship, (Wage) To the best of your knowledge, is the individual party to a non-banking relationship with Deutsche Bank (e.g., external legal counsel, client referral source, suppler of goods or O Yes El No services)' i Yes,ekuthe I If applicable, indicate which bank officers have met the Indicate where and when the c rent meeting(s) took place: person: Olent Private Client Place of Bank Officer Name(s) Bank Offke: Other Location (speedy). Date: Danielle: Business: • • O O O O El O O °Wealth De at fa this Individual are not filled in, because they are the same as for the following person: 98. Wealth Details (Only for parties requiring source of wealth description as Indicated in Section 2) Nature of the Individual's Business: Primary Country of wane of wealth/source of Funds' Primary industry ci source of WeatIVSoince of Funds' Surnmarke Source ci wealth: O Business Owner O SalarwEamings O investment I:Inheritance/Gifts 00ther: Further Describe Source of Wealth /Detail the bitty of wealth or each of the sources: (e.g. For trusts, how did setdor accumulate wealth' For mhentance, how did (amity accumulate wealth?For business owners, how long in business, how many employees, level of profitability? Indicate type of business, countries of major actwtbes, important business partners.) Estimated Annual Incorne(S): Estimated amount of Investable assets(5): Esbmated Net Worth(d): Amount of assets planned to nest with PWN($): Other Known Financial Insteunans: Institution: Counby: Est. Assets Under Mgt: Institution: Counby: Est Assets Under Mgt: Instfbation: Counby. Est Assets Under Mgt. SONY_GM_00039992 Imps://dbforcepb.my.salesforcGCaNtEllOalTdiA10000000D9Di&e... 7/30/2019 CONFIDENTIAL - PURSUANT TO FED R CRIM.I. 6(e) DB-SDNY-0002816 EFTA_00150601 EFTA01284079  KYC Print Page 9 of 14 I I I Please indicate the family stuabon of the individual (marital status, other family members, etc.): One sheet must be established for EACH LEGAL ENTITY in Section 2. Account Sum. 3C. Legal Entity Details (For al Legal Entities) Legal Entity Name: Barfly Trust - 00000486426 Trust O Company O Estate Type Purpose of Enbt`l, Ph danthreph/Chatitabie n O PartnerShiP Commercial Purpose of Ent* Type d Enbty Other (specify): Other (specify): C Country of USA Date of 12r 27/2006 incorporation / (neap:ration:mg eaten registration: Determination Regaled No Volker Status: Wicker Flag: Address (city, street, post 6100 Red Hook Quarter B3 SL Thomas 00802 United States US. TINIEIN: 26-6639711 code): Provide a description of the en rtys organizational stnxture, Its ownership sbudure and Its Top Management. For trusts/foundabons, Include information about revocability,settlor and bench° nes,etc.: This is an irrevocable trust set p by Jeffrey Epstein as the grantor. The the beneficiaries for the trust are being updated by the current trustees. The trustees n rika Kellerhah. The benefiriarles are: lin Darren Indyke 2 Kean Court UvIngston, N) 07039 Karyna Shullak 301 East 66th Street New York, NY 10065 lUchard Kahn 130 East 75th Street New visit, NY 10021 SONY_GM_00039993 Imps://dbforcepb.my.salesforcCLINEJIDErhilidiAL000000D9Di&e... 7/30/2019 CONFIDENTIAL - PURSUANT TO FED. R 6(e) DB-SDNY-0002817 EFTA 00150602 EFTA01284080  KYC Print Page 10 of 14 Attached are the original bust agreement and the addition/deletion of beneficiary Instrument to support this change. According to the original trust agreement, the trustees have the right during the lifetime of the Grantor to delete or add beneficiaries under Mkt< 3 of the agreement. Please Skate how ownership d the legal entity is reflected: trust agreement O Special attention: Bearer Shares • Indicate where shares are custodied: Describe the chain from the direct owner of the entity to the ultimate beneficial owner Ofnct the same persons): This is an irrevocable trust set up by Jeffrey Epstein as the grantor. The the beneficiaries for the trust are being updated by the current trustees. The bustees are Harry Belkr and Erika Kellerhals. To the best of your knowledge, is the entity party to a non-banking relationship with Deutsche Bank (e.g. external legal counsel, client referral source, supplier of goods or services)': Yes el No Describe Nature of Entity's Primary Business and Investment Activities Nature of the business: Trust account Countries where business is transacted: USA. USVI Number of employees: N/A 3D. Wealth Profile (Only for arbes requitmg source of wealth description as indicated in Section 2) Primary Country of source of wealth/source of Funds' Primary industry of source of Wealth/Source d Funds' Provide Evidence of Corporate Assets (e.g. balance sheet a equivalent summary of assets/IlaNties): Trust account with Jeffrey Epstein as Grantor. Initial $100 given to the account to fund. The funds for this trust account come from investments made by Jeffrey Epstein. His wealth profit is filled out The trust is for the benefit of the 6 named IndNiduak Estimated gross receipts $): 4,500,000.00 Estimated net profit a (s): 4,500,000.00 Estimated Investable assets ($): $5 MM - ICI MM Potential Amount to be invested with PWM ($): 4,500,000.00 Other Known Financial Institutions: Institution: JPMorgan Country: USA Est Assets Under Mgt 4,500,000.00 Institution: Country: Est Assets Under Mgt Instibition: Country: Est. Assets Under Mgt SDNY_GM_00039994 https://dbforcepb.my.salesforeCLINErilDairdiAL000000D9Di&e... 7/30/2019 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. I. 6(e) DB-SDNY-0002818 EFTA_00150603 EFTA01284081  KYC Print Page 11 of 14 DB PWM GLOBAL KYC/NCA: US/LatAm/InCI PART B Relationship Name EPSTEIN, JEFFREY RELATIONSHIP Risk Rating Comments: Booking Center O Yoonsun Chung E High Risk El NY NY/ Offshore E Offshore O M“ knte Risk ] (Compliance Signature) • DB Employee M 08 Managed PIC 7 DB is Trustee/Co-Trustee • Bearer Shares 4. Attachments A. Type of Photo ID Provided @Drivers License 0 Passpat ONalknal/State ID Daher Checklist of names (Individuals and/or entitles) that were submitted for database searches Is B. are Otio attached C Please indicate the results of the database searches performed RDC searches complete it Yes 0 No negative results foal @Yet ONO PCR checks complete 0 yes O No negative results found ®Yes Otto OFAC checks complete Ora O No negative results found O Yes 0 NO BIS searches complete (Lest/Nods, Factiva, Reuters, Dow Jones, MB) Oyes ONO negative results found ®Yes O No Denial Orders checks complete ayes O No negative results found Ora n No Martindale-Hubbell searched (lawyers/Law RIMS only) 0 Yes ENO negative results found Ova Ma Please summarize any negabve results from the database searches indicated above: BUTTERRY TRUST: Negative Media: MI negative media pertains to a company called the Butterfly Trust in Europe. This is not our client. Our client is an actual bust created by a Grantor and not a company. No cowl cases JEFFREY EPSTEIN: Previously approved KYC 1:01082293 8 01121718 Al negative media pertains to court cases which have been previously approved in the above mentioned KYCs. Court Cases have been closed D RDC alerts for Richard Kahn came up but they were all false positives as the age and locations of the alerts did not match the age and address co flle. HARRY BELLER: No negative media Court case kits him as a defendant for being chief of medical staff for Jackson Memorial Hospital. The court concluded that the plaintiff had no cognizable claim that his crvil rights has been isolated, but refused to &miss his complaint as to his antitrust clam Defendants' motion was thus granted In part and denied in part. The defendants listed in this case have not committed any Siegal acts of conduct in any way. The case was settled on 6/30/1987. ERIKA KELLERHALS: No negative media Enka is an attorney and lsted as legal counsel for several court case. Court case to appeal from a decision of the bankruptcy court Appelke trustee moved to dismiss the appeal for failure to prosecute under Fed R. of the six Poulis factors, Rye weighed in favor el dismissal and it was granted. Another court case for dissolving of marriage and property settlement. The case was concluded. E. To the best of your knowledge, has the client ever been convicted of a crnsinal offense? @Yes O No To the best of your knowledge, has the customer ever been involved in any past litigation against F Deutsche Bank AG or any of its subsidiaries or is the customer threatening Itpotion against Deutsche Bank AG or any of cis subsidiaries? (11 yes, inside &tat& below and contact Qtuky Mgt OYes 2 No (tsar/1AM tate Regulatory Control Group and noo5' arnplianeelmnectistey) Does the client or related party have any financial or other association / Interactions within G. countries or regimes sanctioned by the Office of Foreign Assets Control (OFAC)? OYes 2 No Does the client or related party have any femoral or other association/ interactions within high risk D yes 2 No H. countries? I. Corporate Documentation Attached (Legal Entitles Only) 2 yes El No ONot Applicable SONY_GM_00039995 hups://dbforcepb.my.salesforcaaNtEIDEgthiLIJIA10000000D9Di&e... 7/30/2019 CONFIDENTIAL - PURSUANT TO FED.R CRIM. 6(e) DB-SDNY-0002819 EFTA_00150604 EFTA01284082  KYC Print Page 12 of 14 J. Undisclosed Principal Form Compete (Intermediaries OnlY) CI yes D No WINot Applicable K. if Lexis/Nexis Search Results, Corporate Document or Other Supporting Documentation s not in English, please provKle an English summary of the nature/contents of the non-English Documentation: 1. Special Risk Factors Does the account have Nexus to Special Risk Countries' O Yes E No Is the account structure unusually complex? Ores E No Is there any Indication the client set up a non operating company expressly O yes for the purpose of transfeMng shares to third parties' a No Is there any Indication this cold be a prohibited business relationship' CIYes E No Are the bearer shares identified subject to acceptable controls' Dyes EN* SDNY_GM_00039996 littps://dbforcepb.my.salesforcaraNtEIDrhilidiA14000000D9Ditice...