Newly released court documents contain shocking revelations about the connection between JPMorgan Chase and the now-deceased Jeffrey Epstein. The documents indicate that executives at JPMorgan Chase were aware of the allegations of sex trafficking against Epstein for a number of years prior to ending their business relationship with him. The filing goes on to assert that JPMorgan Chase may have even impeded government officials in their efforts to investigate Epstein.
Explosive New Details Emerge from Jeffrey Epstein Lawsuit amid Pending Release of 'Client List'https://t.co/doDZXBaLFE
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During sworn testimony, Mary Erdoes, the head of asset management at JPMorgan Chase, acknowledged that the bank had knowledge of the allegations against Epstein dating as far back as 2006. It was determined by JPMorgan compliance officials in 2010 that Epstein was no longer an acceptable client and that steps needed to be taken to sever ties with him.
Recently, previously concealed portions of the lawsuit filed by the U.S. Virgin Islands government were made public, revealing the connection between former JPMorgan executive and later CEO of Barclays, Jes Staley, and Epstein. The Virgin Islands government informed the court that the bank's attempt to shift responsibility onto Staley was incorrect and asserted that JPMorgan's involvement in Epstein's sex trafficking extended to upper management levels.
In 2008, an internal JPMorgan email surfaced, referencing the transfer of Epstein's funds and mentioning a "pending Dimon review." This prompted a subpoena to be issued to Jamie Dimon, the CEO of JPMorgan Chase, by the Virgin Islands. However, JPMorgan denied the allegations and responded with a counteroffensive, claiming that Stanley had hidden his own personal involvement with Epstein.
Additionally, the recently unsealed information also disclosed that between 2003 and 2013, Epstein received payments exceeding $1 million and withdrew over $775,000 in cash from JPMorgan accounts during that same period.
It is clear from this new information that JPMorgan Chase had knowledge of Jeffrey Epstein’s activities and was complicit in his sex trafficking and abuse of young women. It is outrageous that a major financial institution like JPMorgan Chase would be involved in such a heinous crime and it is even more outrageous that they would attempt to deflect blame onto one of their former executives. It is time for JPMorgan Chase to be held accountable for their actions and for justice to be served for the victims of Jeffrey Epstein’s crimes.