Epstein's primary private banker, first at JP Morgan Private Bank then at Deutsche Bank Private Wealth Management. Morris moved from JPM to Deutsche Bank in late 2012 and effectively brought Epstein as a client — onboarding him in 2013 AFTER his 2008 sex offender conviction. Listed as PRIMARY OFFICER on Epstein's Deutsche Bank account #690519 and Relationship Manager for Southern Financial LLC (Epstein's entity). Regular meetings at Epstein's 9 East 71st Street townhouse with Deutsche Bank team. Arrived at townhouse with Ari Glass (Boothbay Fund Management) on Feb 28, 2013. FBI engaged Morris in 2020; he retained counsel. FBI investigated Deutsche Bank for 'moving money for the payment of women.' Morris's attorney claimed he was 'just a low level relationship manager' — FBI agent noted 'he appears to have done very well for himself as a low level relationship manager.'
Key Findings
EFTA00945587/EFTA00402973 (Oct 11, 2012): Groff to Epstein: 'Paul Morris called... he also said he told us he will be moving to Deutsche Bank, but that he is not to disclose this as of yet' — transition from JPM to DB
EFTA00037187 (Aug 4, 2020): FBI internal email: 'we engaged Morris yesterday, and he retained counsel. We will likely be conducting a proffer of him in the near future.' Agent adds: 'His attorney is already attempting to devalue his role, indicating he was just a low level relationship manager, amongst many. (Note, he appears to have done very well for himself as a low level relationship manager)'
EFTA00017064 (Nov 12, 2019): Deutsche Bank internal investigators plan to 'reach out to several former DB employees, including Paul Morris'
EFTA00166317: Listed as PRIMARY OFFICER on Epstein's Deutsche Bank account #690519
EFTA00505096 (Feb 28, 2013): 'Ari Glass and Paul Morris are here!' — arrived together at 9 East 71st St
EFTA00647703 (May 2012): Morris advises Epstein on structuring 'The Scream' purchase — Delaware trusts, estate tax
EFTA00647023 (Jul 2012): Morris proposes 'LB art loan' (likely Leon Black) to Epstein
EFTA00284956 (Mar 12, 2014): '1:00pm Appt w/Paul Morris and Vinit Sahni' — followed by Nathan Myhrvold at 2:30, Leon Black at 4:00, Jes Staley drinks at 6:00, Boris Nikolic at 7:00
EFTA00381916 (Oct 4, 2013): 'Lunch w/Paul Morris and the DB Team' at Epstein's home — attendees: Morris, Tazia Smith, Caroline Kitidis, Vahe Stepanian
FBI investigation focused on Deutsche Bank 'moving money for the payment of women' — bank 'did not believe the women to be under age (complete disregard for the trafficking aspect, or witness tampering)'
EFTA01481413: Hyperion Air Inc KYC rated HIGH risk. Deutsche Bank's own security service documented Epstein's 'indictment on felony charges of soliciting underage prostitutes,' 'investigating Jeffrey Epstein for allegedly participating in child trafficking,' and sex offender registration. Morris signed banker attestation certifying he was 'protecting the firm's reputation from inappropriate business relationships.'
EFTA00037690 (Oct 9, 2019): FBI identified Butterfly Trust as 'a conduit for money paid to female victims.' Flow of Funds PowerPoint: 2013 Butterfly Trust sent $250,000 (Dec 3, 2018) → BoA → $175,000 → Wells Fargo. These accounts were managed under Morris as PRIMARY OFFICER.
EFTA01594201 (Aug 24, 2011): At JPMorgan, Morris requested background check on Ghislaine Maxwell for 'Pot and Kettle' account. Report found extensive derogatory info: Robert Maxwell SFO fraud, Ghislaine 'source of wealth classified as something of a mystery,' DWI arrest. Morris maintained the relationship despite findings.
EFTA01450188 (Oct 17, 2013): Deutsche Bank Co-Head of Wealth Management Americas Chip Packard to Morris: 'Congrats on getting Epstein funded!' — senior management celebrating onboarding a convicted sex offender.
EFTA01282044 (Oct 16, 2013): KYC documents show Morris opened 4 Epstein entity accounts simultaneously: 2007 Insurance Trust, FORK Associates, HSRK Associates, Darren K. Indyke PLLC. Notes: 'Darren has worked extensively with Paul here at DB... he was a previous client of Paul's when he was at JPMorgan.'
EFTA00029805 (Nov 13, 2019): JPMorgan account chart sent to Morris's assistant Amanda Kirby revealed previously unknown accounts including a Butterfly Trust brokerage account. Akin Gump (DB counsel) noted next production 'will include a significant number of emails related to Darren Indyke's cash withdrawal activities.'
EFTA01474278 (Aug 10, 2015): Morris forwarded compliance wire inquiry to Richard Kahn, who explained payments to women with first-name-only identifiers: 'Lynn — household maid,' 'Sophie — friend for 20 years — money for her daughter's dentist,' 'Mariana — friend — money to pay for school.' Morris accepted explanations at face value.
doe-v-jpmorgan Doc 3 (Statement of Relatedness): "Epstein moved his banking from JP Morgan to Deutsche Bank through the same banking manager, Paul Morris." DFS Consent Order: pitched DB on Epstein with "estimated flows of $100-300M... revenue of $2-4 million annually."