This document is an alert from Deutsche Bank Private Bank regarding Southern Financial LLC, highlighting fraud-related activities associated with James W. 'Bill' Bailey, Jr. It details Bailey's involvement in a Ponzi scheme from January 2000 to December 2010, defrauding investors of over $13 million. The alert references Bailey's initial appearance on federal criminal counts including Securities Fraud, Mail Fraud, and Filing False Tax Returns, as announced by U.S. Attorney Anne M. Tompkins.
documents/vol00010-efta01358168-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 LLC","Southern Financial Services Inc.","1031 Exchange Services, LLC","AVL Properties, LLC","Deutsche Bank Private Bank"],"reference_numbers":["6229369","1559801.11522860.36364841","36364841"]}