This document is an alert from Deutsche Bank Private Bank regarding Southern Financial LLC, located in the Virgin Islands, U.S. The alert is dated June 15, 2017, and is marked as critical risk priority. It references SEC violations involving insider trading and securities fraud by Southern Financial Group, a de facto trust controlled by Tracy Dunlap. The SEC announced final judgments against Elfindepan, S.A., Strategic Asset Funds, S.A., and Southern Financial Group for defrauding investors of approximately $30 million in a high-yield investment scheme.
documents/vol00010-efta01371141-pdf.pdf
{"title":"Deutsche Bank Private Bank Alert","key_people":["Tracy Dunlap"],"document_date":"2017-06-15","document_type":"financial","key_locations":["Virgin Islands, U.S.","Greensboro, North Carolina, United States"],"document_subtype":"Alert","key_organizations":["Deutsche Bank Private Bank","Southern Financial LLC","Southern Financial Group","Elfindepan, S.A.","Strategic Asset Funds, S.A.","SEC"],"reference_numbers":["KYC 1790655","9476247.11602637.65374193"]}