An alert from Deutsche Bank Private Bank regarding Southern Financial LLC, highlighting critical risk priority due to fraud and SEC violations associated with James W. 'Bill' Bailey, Jr. The alert references Bailey's initial appearance on federal criminal counts related to a Ponzi scheme defrauding investors of over $13 million through Southern Financial Services Inc. and related entities.
documents/vol00010-efta01371145-pdf.pdf
{"title":"Deutsche Bank Private Bank Alert","key_people":["James W. 'Bill' Bailey, Jr.","Anne M. Tompkins"],"document_date":"2017-06-15","document_type":"government","key_locations":["Asheville","VIRGIN ISLANDS, U.S."],"document_subtype":"alert","key_organizations":["Southern Financial LLC","Southern Financial Services Inc.","1031 Exchange Services, LLC","AVL Properties, LLC","Deutsche Bank Private Bank","DOJ US Attorneys Offices"],"reference_numbers":["9476247.11602637.64747171","KYC 1█████"]}