Government of the United States Virgin Islands v. JPMorgan Chase Bank, N.A., No. 122-cv-10904 (S.D.N.Y. 2022)/326-146.pdf

EXHIBIT 146 Case 1:22-cv-10904-JSR Document 326-146 Filed 09/08/23 Page 1 of 7 Case 1:22-cv-10904-JSR Document 326-146 Filed 09/08/23 Page 2 of 7 From: Sent: To: Subject: Duffy, John R [john.r.duffy@jpmorgan.com] 3/28/2012 2:52:27 AM Erdoes, Mary E [mary.erdoes@jpmorgan.com] Re: KYC Approval Requested for High Risk Clients Yes as in the past John R. Duffy lP. Morgan CEO, US Private Bank 270 Park Avenue New York, NY 10017 Tel: 2.12.-464-1.468 Email: john.r.duffy@jpmorgan.com J.P. Morgan Securities l.l..C From: Erdoes, Mary E Sent: Tuesday, March 27, 2012 08:38 PM To: Duffy, John R Subject: Re: KYC Approval Requested for High Risk Clients Cash? From: Duffy, John R Sent: Tuesday, March 27, 2012 06:26 PM To: Erdoes, Mary E; Diiorio, Phil Subject: Fw: KYC Approval Requested for High Risk Clients I previously spoke with JE about this activity. We'll need to discuss. John R. Duffy J.P. Morgan CEO, U.S. Private Bank 2.70 Park Avenue New York, NY 10017 Tel: 2.12-464-1468 Email: john.r.duffy@jpmorgan.com J.P. Morgan Securities LLC From: Duffy, John R Sent: Tuesday, March 27, 2012 06:25 PM To: Perry, Bonnie K Cc: McCleerey, Kevin; Dalessio, James; Conlin, Pat Subject: Re: KYC Approval Requested for High Risk Clients Ok. Wish there were none. We'll revisit. Confidential JPM-SDNYLIT-00136519 Case 1:22-cv-10904-JSR Document 326-146 Filed 09/08/23 Page 3 of 7 John R. Duffy lP. Morgan CEO, U.S. Private Bank 270 Park Avenue New York, NY 10017 Tel: 2.12.-464-1.468 Email: john.r.duffy@jpmorgan.com J.P. Morgan Securities lLC From: Perry, Bonnie K Sent: Tuesday, March 27, 2012 06:03 PM To: Duffy, John R Cc: McCleerey, Kevin; Dalessio, James; Conlin, Pat Subject: RE: KYC Approval Requested for High Risk Clients Hi John····· I ran a cash activity report between August 1, 201:l. and March 1, 2012 and found that there has only been one cash w/d during that timeframe for $30k on 2./21/2012. Let me know if you need further information. Regards, Bonnie From: Duffy, John R Sent: Friday, March 23, 2012 4:38 PM To: Perry, Bonnie K Cc: McCleerey, Kevin; Dalessio, James; Conlin, Pat Subject: Re: KYC Approval Requested for High Risk Clients Approved except for Epstein. Acct. Can we please review the cash withdrawal activity for his entities'? Thx. John R. Duffy J.P. Morgan CEO, U.S. Private Bank 2.70 Park Avenue New York, NY 10017 Tel: 2:l.2-464-1468 Email: iohn.r.duffy@ipmorgan.com J.P. Morgan Securities i . .l.C Confidential JPM-SDNYLIT-00136520 Case 1:22-cv-10904-JSR Document 326-146 Filed 09/08/23 Page 4 of 7 From: Perry, Bonnie K Sent: Friday, March 23, 2012 02:41 PM To: Duffy, John R Cc: McCleerey, Kevin; Dalessio, James; Conlin, Pat Subject: KYC Approval Requested for High Risk Clients Hi John, Below are high risk PB client KYCs that require your approval. The list includes (2) Existing Client undergoing annual review and (7) Existing re lat ionship clients flagged as high risk. P lease note that t he below client s have undergone a review by Risk Management and are considered ok for approval. If you have further questions, please let me know. Regards, Bonn ie I. Existing High Risk C!ient - Undergoing Annual Review (2) II. Existing Client Relationship - Recently flagged as High Risk (7) Confidential JPM-SDNYLIT-00136521 Case 1:22-cv-10904-JSR Document 326-146 Filed 09/08/23 Page 5 of 7 Neptune LLC -This is an entity est ablished by Jeffrey Epstein t o hold household account s to pay expenses, upkeep and maintenance for a home he ow ns in Palm Beach. In 2009, Mr. Epstein pied guilty and was convicted of a felony charge and served 13 months of his 18 month sentence. Mr. Epst ei n signed a federal non-prosecution agreement under which he would not be charged with related federal cr imes if he successfully served out his time and abided by t he conditions under the state charges. He also waived his right to contest liability and damages in civil law suits by 33 minor girls identified by the non-prosecution agreement. • Banker -Paul Morris • High Risk Category - Reputational - Convicted Felon • Jeffrey Epst ein is the decision maker of t he relationship with a current AUM is $108.6MM. There is one ODA for this entity that contains $116K. • Cli ent established in PB in 1993. • Region Manager Approval, M arc Sheridan • Derogatory information is summarized above. Confidential JPM-SDNYLIT-00136522 Case 1:22-cv-10904-JSR Document 326-146 Filed 09/08/23 Page 6 of 7 l'kmnle K Ps:ccY, VF, CAMS h i"*" lb,\ y;;,\ ·.,;:U-'! in, .iJ, J L lJ -. ,_,,w," T.\ ,·1_·;.;:·_·1--,'-./1"S) Confidential JPM-SDNYLIT-00136523 Case 1:22-cv-10904-JSR Document 326-146 Filed 09/08/23 Page 7 of 7 Confidential JPM-SDNYLIT-00136524