An alert regarding Southern Financial Services Inc. and its association with fraud and tax-related offenses. James W. 'Bill' Bailey, Jr. was charged with securities fraud, mail fraud, and filing false tax returns related to a Ponzi scheme defrauding investors of over $13 million from January 2000 to December 2010. The alert references a U.S. Attorney's announcement and court documents detailing Bailey's fraudulent activities through Southern Financial Services Inc. and related entities.
documents/vol00010-efta01358160-pdf.pdf
{"title":"Deutsche Bank Private Bank Alert","key_people":["James W. 'Bill' Bailey, Jr.","Anne M. Tompkins"],"document_date":"2013-05-29","document_type":"government","key_locations":["Asheville, NC, UNITED STATES"],"document_subtype":"Alert","key_organizations":["Southern Financial Services Inc.","Deutsche Bank Private Bank","U.S. Attorney's Office","1031 Exchange Services, LLC","AVL Properties, LLC"],"reference_numbers":["6229369","1559801.11522860.36364841","36364841"]}