Transcription of Handwriting in EFTA01681984-EFTA01681986
Posted: Thu Jul 16, 2026 8:57 pm
{Page 1 - EFTA01681984}
9/12/19 - DB atty proffer
- onboarded in 2013 @ DB by Paul Morris
- was offboarded @ JPM before then
- Chip Packhard + John Karuso + Joe Policano all approved
- DB aware of 2008 arrests, but chose to take on, but high-risk client
so annual KYC reviews
- every year alerts raised re arrest but cleared b/c no new allegations
- Jan 2018 - AFC compliance employee raised concern re JE relationship
b/c onboarding S Financial LLC
- 8 articles post-dated 2013 onboarding, but re historical abuse
- elevated to risk comm, cont'd relationship [illegible] Co.
- designated as a PEP (politically exposed person) b/c Clinton + Andrew
ties
- 2018 - new concerns raised incl. Herald article
- Stuart Oldfield had relationship b/c Morris had left
- DB decided to offboard JE + all associated accounts
- sent termination letter, gave soft deadline of Feb 2019 to [illegible]
- @ the over $200 mil holdings at DB
- JE assets transferred to:
- PR Banks
- UF
- C. Schwab
- Morgan Stanley
- May 17, 2019 Stuart Oldfield confirmed accounts $0 + formally to be closed
though some accounts remained open b/c not auto-closed yet, but mainly
closed @ time of indictment
- 76 accounts total JE had
People of interest @ DB
- Stuart Oldfield (took over in 2016)
- met JE 2x @ NY residence to discuss some ideas for JE
- primarily contacted Bella Klein, Darren I, Rich K, Leslie Groff
- Rel. officers ([illegible] → left bank
- IWP unit (key client partner - KCP) for ultra-high [illegible]
(over $100 mil) not @ bank
- interacted w/ Paul Barrett (JPM til 2017, then Alpha Capital LLC)
- brokerage accounts
{Page 2 - EFTA01681985}
76 accounts affiliated w/ JE (either JE personally or JE brought in)
→ Southern Financial relationship
- JE didn't necessarily control all of them
- only 42 capitalized
- typical to have each property under LLC
- Gratitude America
- JE listed as president
- contributions for science, research etc
{Page 3 - EFTA01681986}
NM USAO
- negotiating civil, will touch base before decide
- inv. crim.
- will tell NM AG to call Holland
- FBI should coordinate
- NM SW?
https://www.justice.gov/epstein/files/D ... 681984.pdf
9/12/19 - DB atty proffer
- onboarded in 2013 @ DB by Paul Morris
- was offboarded @ JPM before then
- Chip Packhard + John Karuso + Joe Policano all approved
- DB aware of 2008 arrests, but chose to take on, but high-risk client
so annual KYC reviews
- every year alerts raised re arrest but cleared b/c no new allegations
- Jan 2018 - AFC compliance employee raised concern re JE relationship
b/c onboarding S Financial LLC
- 8 articles post-dated 2013 onboarding, but re historical abuse
- elevated to risk comm, cont'd relationship [illegible] Co.
- designated as a PEP (politically exposed person) b/c Clinton + Andrew
ties
- 2018 - new concerns raised incl. Herald article
- Stuart Oldfield had relationship b/c Morris had left
- DB decided to offboard JE + all associated accounts
- sent termination letter, gave soft deadline of Feb 2019 to [illegible]
- @ the over $200 mil holdings at DB
- JE assets transferred to:
- PR Banks
- UF
- C. Schwab
- Morgan Stanley
- May 17, 2019 Stuart Oldfield confirmed accounts $0 + formally to be closed
though some accounts remained open b/c not auto-closed yet, but mainly
closed @ time of indictment
- 76 accounts total JE had
People of interest @ DB
- Stuart Oldfield (took over in 2016)
- met JE 2x @ NY residence to discuss some ideas for JE
- primarily contacted Bella Klein, Darren I, Rich K, Leslie Groff
- Rel. officers ([illegible] → left bank
- IWP unit (key client partner - KCP) for ultra-high [illegible]
(over $100 mil) not @ bank
- interacted w/ Paul Barrett (JPM til 2017, then Alpha Capital LLC)
- brokerage accounts
{Page 2 - EFTA01681985}
76 accounts affiliated w/ JE (either JE personally or JE brought in)
→ Southern Financial relationship
- JE didn't necessarily control all of them
- only 42 capitalized
- typical to have each property under LLC
- Gratitude America
- JE listed as president
- contributions for science, research etc
{Page 3 - EFTA01681986}
NM USAO
- negotiating civil, will touch base before decide
- inv. crim.
- will tell NM AG to call Holland
- FBI should coordinate
- NM SW?
https://www.justice.gov/epstein/files/D ... 681984.pdf