This document is an alert report from Deutsche Bank Private Bank dated June 15, 2017. It pertains to Southern Financial LLC, located in the Virgin Islands, U.S., and highlights a critical risk priority alert involving Southern Financial Services in Asheville, North Carolina. The alert references multiple federal criminal counts against James W. 'Bill' Bailey, Jr., including 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 document emphasizes the confidentiality of the information and its use for alert purposes only.
documents/vol00010-efta01364028-pdf.pdf
{"title":"Deutsche Bank Private Bank Alert Report","key_people":["James W. 'Bill' Bailey, Jr.","Anne M. Tompkins"],"document_date":"2017-06-15","document_type":"government","key_locations":["Virgin Islands, U.S.","Asheville, North Carolina, United States"],"document_subtype":"alert report","key_organizations":["Deutsche Bank Private Bank","Southern Financial LLC","Southern Financial Services Inc.","1031 Exchange Services, LLC","AVL Properties, LLC","DOJ US Attorneys Offices"],"reference_numbers":["KYC 1790655","Alert ID: 9476247.11602637.64747171","Entity ID: 64747171","Riskid: R22436125"]}