Wednesday, the government of the Virgin Islands filed a complaint against financial behemoth JPMorgan Chase, detailing alleged financial ties between convicted sex trafficker Jeffrey Epstein and JPMorgan Chase.
Law & Crime reports that the government first filed a substantially redacted lawsuit accusing JPMorgan Bank of “complicity” in Epstein’s criminal behavior.
JPMorgan has described the case as a “meritless” attempt to dig “deeper pockets,” stressing that the government has already negotiated a settlement with Epstein’s estate.
Epstein was convicted of sex trafficking when he died in a Manhattan jail in 2019. Ghislaine Maxwell, an employee of Epstein, was found guilty of sex trafficking.
JP Morgan executive Jes Staley emails Jeffrey Epstein in July 2010, ONE YEAR AFTER Epstein got out of jail
Staley:
"That was fun. Say hi to Snow White"
Epstein:
"What character would you like next?"
Staley:
"Beauty and the Beast"
Epstein:
"Well, one side is available" pic.twitter.com/2UY0DWtUmU
— An Open Secret (@AnOpenSecret) February 16, 2023
The newly released version of the lawsuit said that “at least 20 individuals paid through JP Morgan accounts were victims of trafficking and sexual assault in Little St. James, New York, and/or other Epstein properties.” Little St. James was the location of Epstein’s Virgin Islands home.
“These women were trafficked and abused during different intervals between at least 2003 and July 2019, when Epstein was arrested and jailed, and these women received payments, typically multiple payments, between 2003 and 2013 in excess of $1 million collectively,” the lawsuit said.
The complaint stated that “Epstein also withdrew more than $775,000 in cash over that time frame from JP Morgan accounts, especially significant as Epstein was known to pay for ‘massages,’ or sexual encounters, in cash.”
According to the lawsuit, others connected to Epstein were paid through the bank.
The lawsuit states, “Financial information also reflects payments drawn from JP Morgan accounts of nearly $1.5 million to known recruiters, including to the MC2 modeling agency, and another $150,000 to a private investigative firm.”
The complaint claims that at least one claimed victim was compensated through the bank.
More on this story via The Western Journal:
The lawsuit stated, “Epstein paid more than $600,0000 to Jane Doe 1, a woman who — according to news reports contained in JP Morgan’s due diligence reports — Epstein purchased at the age of 14. Like other women who received payments from Epstein, Jane Doe 1 listed Epstein’s apartments on 66th Street in New York City as her address, which should have been a red flag to JP Morgan.”
The lawsuit noted that employees within the bank asked multiple times whether the bank was comfortable maintaining a relationship with Epstein, with one employee asking a superior “are you still comfortable with this client who is now a registered sex offender?” CONTINUE READING…