RE: Epstein
Classification: Confidential
Jeffrey Epstein has been a client since 2013 — which is after his conviction in 2008 for which he was sentenced to 18 months in prison and served 13 months. At the time he was onboarded, the potential reputational risk concerns were escalated to regional management by Chip Packard, Head WM Americas, including John Caruso, Head AML Compliance Americas. Chip was given the go ahead to proceed "so long as nothing further is identified through KYC and AML client adoption". Email from 2013 is attached.
A number of KYC updates have been processed for Mr. Epstein since 2013 and all alerts have been cleared — often relying on the original clearance by Chip Packard and John Caruso. Sample of an RDC clearance from 2016 is attached.
If you let me know the exact date of the alert I can see if I can find the clearance.
Kimberly Hart
Managing Director I Divisional Control Officer
Wealth Management Americas
Deutsche Bank Trust Company Americas 345 Park Avenue, 14th floor, New York, NY 10154
Tel.
Fax
Mobile
Email
Securities offered through Deutsche Bank Securities Inc.
Classification: Confidential
What was the catalyst for our decision last year to exit?
Kind regards,
Patrick Campion
Patrick Campion
Managing Director | Head of Wealth Management Americas
Deutsche Bank Trust Company Americas
Wealth Management - Americas
345 Park Avenue, 10154-0004 New York, NY, USA
Tel. ████████████
Mobile +1 █████████
Email █████████████████