Cynthia Rodriguez From: Sent: To: Cc: Subject: Attachments: Kshitij Golani Monday, July 10, 2017 4:29 PM Cynthia Rodriguez PWMUS AMLKYC CLEARED: RDC Alert Southern Financial LLC [I] RDC Alert Southern Financial LLC.PDF Classification: For Internal use only Hello, AML Compliance reviewed 4 RDC alerts generated for Southern Financial LLC. Southern Financial LLC has a banking and a brokerage relationship with DB. See KYC 1790655/GCIS 483882. Alert Details — Alert 1, Southern Financial Group, which is based in South Carolina, was shut down by the Securities and Exchange Commission after being charged in 2002 with a $25 million Ponzi scheme. Alert 2. Southern Financial Group, which is based in North Carolina, was charged in 2008 with securities fraud in connection with a high-yield investment scheme involving the unregistered offer and sale of Securities. Alert 3, Southern Financial Services, aka Southern Financial Services Inc., which is based in North Carolina, was charged in 2011 for fraudulently inducing clients to deposit monies and purported to provide asset management, IRA accounts, and wills and trusts services. Alert 4. Southern Financial Group Inc, which is based in South Carolina, was accused in 2008 of running a so-called Ponzi scheme by soliciting cash from new investors to pay off redemptions to earlier investors. AML compliance clears the above alerts as false positive as the legal name and location of the alerted subjects do not match that of our client. In addition, our client did not exist when the above activity took place as our client has an incorporation date of February 25th 2013. Based on the facts just mentioned, there is reasonable belief that the alerted subject is not our client. Thanks a Kshitij Golani (KG.), CAMS Vice President I AML Compliance Officer Deutsche Bank 60 836 New York, NY, USA Tel. Email From: Carl Timcke On Behalf Of PWMUS AMLKYC Sent: Monday, July 10, 2017 2:35 PM 1 SDNY_GM_00065080