Alert regarding Southern Financial Group Inc. 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.
documents/vol00010-efta01356143-pdf.pdf
{"document_date":"2018-02-22","document_type":"financial","key_locations":["Virgin Islands, U.S.","Summerville","Charleston, SC"],"document_subtype":"Alert","key_organizations":["Southern Financial LLC","Southern Financial Group Inc.","Deutsche Bank Private Bank"],"reference_numbers":["GCIS 00000483882","12737031.11622715.63653446","63653446","R22433111"]}