JPMorgan Paying $75 Million to Settle Suit Over Jeffrey Epstein Ties
- JPMorgan Chase has agreed to pay $75 million to settle a lawsuit by the U.S. Virgin Islands, which accused the bank of facilitating and benefiting from sex trafficking by their customer Jeffrey Epstein.
- The settlement does not require JPMorgan to admit any wrongdoing, but $55 million will be given to Virgin Islands charities and anti-trafficking efforts.
- JPMorgan also reached a settlement with Jes Staley, a former executive at the bank and a friend of Epstein, resolving claims against him related to Epstein-related litigation.
159 Articles
159 Articles
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein’s sex trafficking operations
NEW YORK — JPMorgan Chase &Co. has agreed to shell out $75 million to the U.S. Virgin Islands in a lawsuit alleging America’s biggest bank was a fundamental enabler of Jeffrey Epstein’s years-long sex trafficking of teenage girls, representatives for the financial institution said Tuesday.
JP Morgan Settles Epstein Sex Trafficking Case For $75 Million
Banking giant JP Morgan has reached a settlement with the U.S. Virgin Islands over a lawsuit alleging the company helped facilitate the illicit sex trafficking network of disgraced financier Jeffrey Epstein. JP Morgan, the largest bank in America, has agreed to pay $75 million to the U.S. Virgin Islands. The settlement fell far short of the $190 million prosecutors sought. The majority of the settlement ($55 million) will fund local charities an…
JPMorgan will pay US Virgin Islands $75 million to settle Jeffrey Epstein lawsuit
America’s largest bank, JPMorgan Chase, has agreed to pay the U.S. Virgin Islands $75 million in a landmark settlement over allegations that the financial institution benefited from and helped facilitate
JPMorgan agrees to $75 million settlement with US Virgin Islands in Jeffrey Epstein sex trafficking case
NEW YORK — JPMorgan Chase & Co. has agreed to shell out $75 million to the U.S. Virgin Islands in a lawsuit alleging America’s biggest bank was a fundamental enabler
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