2023-06-12 19:39:54
US bank JPMorgan Chase will pay US$ 290 million in compensation for the victims of the billionaire pedophile and sex trafficker Jeffrey Epstein. However, even with the payment of the amount, the agreement will not include the bank’s admission of liability.
The announcement of the agreement was released on Monday, the 12th, a few hours before a judge from the Court of new York decide that the case should proceed as a class action against the JPMorgan Chasefor having favored Epstein’s crimes.
Epstein died of suicide in 2019 in a prison of New Yorkweeks after federal authorities accused him of trafficking girls to abuse them.
Even accused of pedophilia, Jeffrey Epstein continued to attend powerful in the USA
Despite his criminal history, Epstein cultivated friendships and relationships among the richest and most powerful people in the world.
Among them, the co-founder of Microsoft, Bill Gatesthe prince Andrew of the United Kingdom and the former President of the United States Bill Clinton and your wife, Hillary Clintonthe former Secretary of State of the Obama Barracks.
According to Judge Jed Rakoff himself, the number of victims of Epstein who filed the collective action should exceed 40.
Furthermore, the judge wrote in his decision that the JPMorgan “knew or should have known of Epstein’s sex trafficking activity”.
Epstein took his victims to the Virgin Islands, where he owned a private island where he sexually abused girls. According to them, JPMorgan continued working with Epstein after learning that he was a sexual predator and would have facilitated his crimes.
O JPMorgan has denied any wrongdoing and says he regrets having Epstein as a client.
The US bank confirmed the agreement in a note, noting how “the parties believe this agreement is in the best interests of all parties, especially the surviving victims of Epstein’s horrific abuse.”
The announcement of the settlement comes a month after another bank, Deutsche Bank, also reached a settlement with Epstein’s victims, agreeing to pay compensation of US$ 75 million.
The billionaire had become a client of Deutsche Bank after being forced out of JPMorgan in 2013.
The deal comes about a week after the CEO do JPMorganJamie Dimon, testified in court in the Epstein cases.
Dimon said he barely knew Epstein until 2019, when federal authorities arrested him.
JPMorgan defines Epstein’s behavior as “monstrous”
In note, the JPMorgan defined Epstein’s behavior as “monstrous” and highlighted how the victims “suffered unimaginable abuse at the hands of this man”.
“Any association with him was a mistake and we regret it. We would never have continued to do business with him if we believed he was using our bank in any way to help commit heinous crimes,” the bank said.
The settlement follows claims filed last year by a woman who has remained anonymous, identified by the pseudonym Jane Doe.
According to her, the bank knowingly benefited from and facilitated the sex trafficking operation of Epstein.
The woman, who claims to have been raped by Epstein and victim of sex trafficking, sued the JPMorgan on behalf of a “large number” of other victims.
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