New details have emerged about the close relationship between a top JPMorgan executive and accused pedophile Jeffrey Epstein.
The Post Millennial reports that a new lawsuit has uncovered that over 20 of Epsteins sex trafficking victims were paid through JPMorgan Chase accounts. It also appears that the JPMorgan executive spoke privately with Epstein about the sex crime allegations against him as far back as 2006. The two appear to have had a close personal relationship over that entire time.
Law and Crime reported on the issue and stated that a lawsuit that the Virgin Islands filed against JPMorgan stated the following:
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. Epstein also withdrew more than $775,000 in cash over that time frame from JP Morgan accounts, especially significant as Epstein was known to pay for massages, or sexual encounters, in cash.
JPMorgan Chase has attempted to dismiss the lawsuit as meritless, and large portions of the filings in court have been redacted from public view. JPMorgan Chase has plenty of power and deep pockets to make problems like this disappear.
The Virgin Islands unsealed more of the lawsuit on Wednesday and found a connection between JPMorgan and Epstein.
The lawsuit stated the following:
Financial information also reflects payments drawn from JP Morgan accounts of nearly $1.5 million to known recruiters, including to the MC2 modeling agency, and another $150,000 to a private investigative firm. As early as 2006, JPMorgans Global Corporate Security Division flagged [s]everal newspaper articles . . . that detail the indictment of Jeffrey Epstein in Florida on felony charges of soliciting underage prostitutes.
Epstein entered an agreement on those earlier allegations that allowed him to serve a very light sentence and avoid many of the worst outcomes that could have come his way for the crimes he was alleged to have committed.
JPMorgans risk management department sent out the following e-mail about the allegations against Epstein:
See below new allegations of an investigation related to child trafficking are you still comfortable with this client who is now a registered sex offender.
All this reporting shows that JPMorgan had plenty of information about the fact that Epstein had all of these charges against him, and they decided to move forward with the banking deals they made with him regardless.
Login