The BCAAA log displays numerous 1221 events:
BCAAA: [4284:4412] CheckTokenMembership() failed; status=87:0x57:The parameter is incorrect.Usually, the event contains details about the group to investigate. You must locate the policy rules where the group is defined and disable or remove it to verify that the events stop occurring.
If the event log entry does not show the offending group name, you will need to enable BCAAA debug logging as per this KB article: Enable BCAAA debug logging
In the resulting debug logs, you will then see the name of the group that is referenced in SG policy but that no longer exists (or no longer is accessible) in AD. For example:
2015/11/12 14:17:07.691 [5376] Failed to look up group GroupName='foobar', error 0x800400b8