This document is an alert report from Deutsche Bank Private Bank dated February 22, 2018. It pertains to Southern Financial Group Inc., which was accused of running a Ponzi scheme by soliciting cash from new investors to pay off redemptions to earlier investors. The alert is marked as critical risk priority and includes information about SEC violations related to insider trading and securities fraud.
documents/vol00010-efta01356040-pdf.pdf
{"title":"Deutsche Bank Private Bank Alert Report","document_date":"2018-02-22","document_type":"financial","key_locations":["Virgin Islands, U.S.","Summerville","Charleston, SC"],"document_subtype":"Alert Report","key_organizations":["Deutsche Bank Private Bank","Southern Financial LLC","Southern Financial Group Inc.","SEC","The Post and Courier"],"reference_numbers":["GCIS 00000483882","12737031.11622715.63653446","63653446","R22433111"]}