Epstein Secrets

e:t t af t 4 c;pil:: , 7 ) : i sit");: ric4 www.USVIFOA.org November 19, 2018 Via Electronic and Certified Mail Mrs. Cecile R. de Jongh Manager Southern Truct Comnanv. Inc. Re: Southern Trust Company, Inc. Dear Mrs. de Jongh: The Virgin Islands Economic Development Commission ("VIEDC") Division of Compliance com

ncial artificial intelligence and offers market intelligence to companies which operate in the financial, biomedical and pharmaceutical industries. Southern Trust Company Inc.'s primary goal is to become a successful competitor in the field of artificial intelligence concentrated in biomedical informatics and financial info

c Hearing on November 15, 2012 and Commission meeting on January 23, 2013. The Governor of the US Virgin Islands approved the grant of benefits for Southern Trust, Inc. on May 31, 2013. An orientation meeting was conducted on February 19, 2014 with the Virgin Islands Economic Development Commission's ("VIEDC") Dire

requirement. The VIEDC informed the Beneficiary by letter dated February 20, 20I4 that at the January 24, 2014 decision meeting, the Board approved Southern Trust Company's petition and granted an extension of time for Southern Trust Company, Inc. to meet its capital investment by February I, 2015. FINDINGS: The tax

ion, or renewal of benefits..." A Compliance Report is performed to substantiate the Beneficiary's performance with the terms of its contract with the Government of the Virgin Islands of the United States. The review includes compliance with the Virgin Islands Economic Development Program Law, all applicable local and federal law

. CODE ANN. tit. 29, §§ 701-726 and in the name of the Government of the Virgin Islands of the United States, I do hereby issue this certificate to Southern Trust Company, Inc. ("Beneficiary") whose application for Economic Development Benefits was accepted by the Chief Executive Officer of the Economic Development Authori

ted in me as Chairman of the Virgin Islands Economic Development Commission ("Commission") by V.I. CODE ANN. tit. 29, §§ 701-726 and in the name of the Government of the Virgin Islands of the United States, I do hereby issue this certificate to Southern Trust Company, Inc. ("Beneficiary") whose application for Economic Development

ent. SCI does not own and is not a shareholder in any other business operations, [however Mr. Epstein, the sole shareholder of SCI, is the owner of Southern Trust Company, Inc. and is an investor in American Yacht Harbor.] 32. List the five largest loans that your company have made to clients? When are these loans made?

017 ADDITIONAL INFORMATION: Submit herewith as part of this renewal application the following documents: A. Annual fee of $75,000 made payable to the Government of the Virgin Islands, and an additional annual fee of $10,000 shall be paid by the IFSE once the IFSE has exceeded $1,000,00 in annual net income; B. Certificate of Go

rovide services). 85. Some of these companies held considerable assets: Financial Informatics, Inc. (incorporated November 18, 2011, also known as Southern Trust Company, Inc.) had assets of approximately $391 million in 2015; and Financial Trust Company, Inc. (incorporated November 6, 1998) had assets of $212 million whe

eased. ) PROBATE NO. ST-19-PB-80 GOVERNMENT'S OPPOSITION TO ESTATE'S MOTION FOR ESTABLISHMENT OF A VOLUNTARY CLAIMS RESOLUTION PROGRAM COMES NOW the Government of the Virgin Islands ("Government"), and files this Opposition to the Estate's Expedited Motion for Establishment of a Voluntary Claims Resolution Program. The Governme

any, knowing such claims to be false, fictitious, or fraudulent; knowingly and willfully falsified, concealed or covered up material facts regarding the Southern Trust Company; made false or fraudulent statements or representations about the purpose, activities, income, and employment of Southern Trust Company; and

The "Epstein Enterprise" Fraudulently Concealed its Conduct 73. The Epstein Enterprise fraudulently concealed its actions to prevent detection by the Government of the Virgin Islands. 74. The secluded properties at Little St. James and Great St. James were repeatedly used by the Epstein Enterprise as the locations for unlawfull

rovide services). 88. Some of these companies held considerable assets: Financial Informatics, Inc. (incorporated November 18, 2011, also known as Southern Trust Company, Inc.) had assets of EFTA00018795 --- PAGE BREAK --- Case 1:15-cv-07433-LAP Document 1111-1 Filed 09/01/20 Page 19 of 55 GVI v. Estate of Jeffrey Epst