US EditionBank of America, BNY sued over alleged financial ties to Jeffrey Epstein
- On Wednesday, women abused by Jeffrey Epstein sued Bank of America and Bank of New York Mellon in Manhattan federal court, alleging executives ignored red flags out of `absolute loyalty` to Epstein.
- The complaint alleges Bank of America maintained ties with Jeffrey Epstein, convicted sex offender, and failed to report suspicious activity until after his death, prioritizing financial benefit over reporting.
- Treasury Department records cited in the complaint show 4,725 wire transfers totaling more than $1 billion, and the lawsuit says Bank of New York Mellon processed $378m in payments linked to trafficking.
- Rep. Jamie Raskin opened an investigation into four banks, including Bank of America, while the plaintiffs' lawyers previously secured $75m and $290m settlements, and Bank of America declined to comment.
- Both complaints say banks failed to file Suspicious Activity Reports with the U.S. Department of the Treasury, and the complaint alleges Bank of New York Mellon gave a credit line to MC2 modelling agency; the administration reversed course this year on DOJ file releases.
25 Articles
25 Articles
Bank of America, BNY sued over alleged financial ties to Jeffrey Epstein
A woman who says she was abused by the late financier and sex offender Jeffrey Epstein sued Bank of America and the Bank of New York Mellon on Wednesday, alleging the banks knowingly provided financial services that enabled his sex trafficking operation for years.
UPDATE 4-Bank of America, BNY sued over alleged financial ties to Jeffrey Epstein
UPDATE 4-Bank of America, BNY sued over alleged financial ties to Jeffrey Epstein A woman who says she was abused by the late financier and sex offender Jeffrey Epstein sued Bank of America and the Bank of New York Mellon on Wednesday, alleging the banks knowingly provided financial services that enabled his sex trafficking operation for years. Bank of America and BNY declined to comment.The woman, referred to in court papers as Jane Doe, is see…
The Independent
The Independent (US)Two banks accused of ‘failing to report suspicious transactions’ by Jeffrey Epstein
A former victim known only as ‘Jane Doe’ has accused Bank of America and Bank of New York Mellon of ‘participating in and financially benefitting’ from Epstein’s empire of abuse
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