As the public awaits the imminent release of the complete “client list” kept by the late convicted pedophile Jeffrey Epstein, who died in his New York City prison cell in 2019 after being arrested on sex trafficking charges involving young girls, explosive information has emerged.
Several years before officially severing ties with Epstein, according to a new court filing, JPMorgan Chase executives were aware of allegations of human trafficking and sexual assault against the former client Epstein.
The attorney general for the US Virgin Islands has added a new count to a lawsuit against JPMorgan Chase alleging that the bank obstructed federal officials and prosecuting agencies in their pursuit of Epstein.
Mary Erdoes, the current head of asset management at JPMorgan Chase, acknowledged under oath in a recent deposition that the bank was aware of the allegations against Epstein as early as 2006, according to the Financial Times. This was seven years before the company severed ties with Epstein.
“In 2010, JPMorgan compliance officials decided that Epstein ‘should go,’” according to the filings.
A new court filing alleges JPMorgan Chase executives were aware of sex abuse and trafficking allegations against its then-client Jeffrey Epstein, several years before the financial institution cut ties. https://t.co/9S4CL6vQN2
— CNN (@CNN) April 13, 2023
Last month, the U.S. Virgin Islands government unsealed previously redacted portions of the federal litigation, some of which reveal the relationship between former JPMorgan executive (and later Barclay CEO) Jes Staley and Epstein.
The Virgin Islands informed the judge that JPMorgan’s attempt to deflect responsibility onto its former senior executive Jes Staley was incorrect and that the bank’s involvement in Epstein’s sex trafficking went all the way to the top.
“In 2010, JPMorgan compliance officials decided that Epstein ‘should go,’” according to the filings.
Law and Crime reported that in August 2008, an internal JPMorgan email discussed the flow of Epstein’s assets and made allusion to a “pending Dimon review.”
“That’s Jamie Dimon,” said Motley Rice attorney Liu.
“The remarks provide insight into why the Virgin Islands issued a subpoena to Dimon earlier this year — and why Senior U.S. District Judge Jed Rakoff signed off on it. JPMorgan insisted that Dimon is not relevant to the lawsuit, asserting that he wasn’t involved in any decisions related to Epstein’s account. Their arguments ultimately didn’t sway the judge on the discovery motion,” Law and Crime reported.
“JPMorgan, the world’s largest bank by market capitalization, was Epstein’s bank of choice between 1998 and 2013, well after Epstein’s Florida prosecution for soliciting prostitution with a minor. That relationship has been under a newfound spotlight after Epstein survivors and the Virgin Islands sued JPMorgan Chase late last year, claiming that it ‘facilitated, sustained and concealed’ Epstein’s abuse,” the outlet added.
JPMorgan has refuted the allegations from the U.S. Virgin Islands and launched a counterattack against Staley, alleging that he “concealed his personal activities” with Epstein.
Between 2008 and 2012, Staley and Epstein exchanged roughly 1,000 emails. Fox News reports that newly declassified information reveals an unusual exchange between Staley and Epstein in which they make references to Disney characters.
“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,” according to the unsealed passages.
In describing the lawsuit against JPMorgan Chase, the U.S. Virgin Islands stated, “Epstein also withdrew more than $775k in cash from JPMorgan accounts during this time period.”
Lawyers question JPMorgan Chase over decision to retain Epstein as client https://t.co/Nt3OpNh6nG
— Daily Mail Online (@MailOnline) March 1, 2023
The then-Attorney General of the US Virgin Islands, Denise George, filed a lawsuit against JPMorgan Chase regarding the bank’s financial dealings with Epstein, alleging that the Wall Street finance titan profited from Epstein’s sex trafficking activities while failing to report suspicious activity to the authorities.
Attorneys for JPMorgan responded to the US Virgin Islands in court, claiming the territory “did nothing to stop” Epstein’s sex-trafficking operation and is attempting to deflect responsibility by suing the bank for facilitating the now-deceased financier’s scheme.
The island’s civil action follows litigation filed in December by two women accusing Epstein of sexual abuse and claiming that JPMorgan and Deutsche Bank benefited from the pedophile’s sex trafficking.
In the civil action, they alleged that JPMorgan “provided special treatment to the sex-trafficking enterprise, thereby ensuring its continued operation and the sexual abuse and sex trafficking of young women and girls.”
Previous reports indicated that former President Bill Clinton spent significantly more time with Epstein than was previously known.
More on this story via Conservative Brief:
Epstein allegedly visited Clinton frequently at the White House. CONTINUE READING…
