2023-06-12 16:04:18
JPMorgan Chase, the largest bank by assets in the United States, said Monday that it has reached an agreement with one of the victims of Jeffrey Epstein, that accuses the financial institution of facilitating the operation of sex trafficking of the deceased pedophile. The statement did not disclose the terms of the deal.
A woman, listed anonymously as Jane Doe in court documents, filed the lawsuit last year in NY and accused the largest bank in the United States of profiting from the Epstein’s illegal activities and help him in his alleged sex trafficking.
The plaintiff said Epstein sexually abused her between 2006 and 2013 and “lent” her to friends. In addition, she pointed out that Epstein paid her and other victims with cash withdrawn from JPMorgan. “This agreement is the best for all parties, especially for the survivors who were victims of terrible abuse by Epstein,” the bank said in a statement Monday.
Money transfers to victims
The US Virgin Islands also sued JPMorgan late last year, alleging that the bank facilitated Epstein’s alleged trafficking and sexual abuse by allowing the deceased to remain a customer and helping him to send money to their victims. That case is still pending.
The tycoon died in a federal prison in New York in 2019 while waiting to be tried on sex trafficking charges. So, the coroners ruled it a suicide.
Epstein became a JPMorgan client in the late 1990s and, according to The Wall Street Journal, the businessman turned to Deutsche Bank after JPMorgan closed his accounts in 2013.
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Both banks worked with Epstein after he was accused of abuse of minors and pleaded guilty in a Florida state court in 2008 to soliciting the prostitution of a minor.
Last month, Deutsche Bank agreed to pay 75 million dollars (69.67 million euros) to settle a lawsuit over its relationship with Epstein.
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