Staff Reports
A recent report revealed that there were connections between the White House and Jeffrey Epstein, a prominent financier who died. The report, which was obtained by a court in New York, provides an extensive account of the financier's activities. It also links Katherine Ruemmler, the White House counsel, to Epstein.
The report revealed that Jeffrey Epstein, a prominent financier, was involved in a sex trafficking operation. This was confirmed by JPMorgan during a court proceeding on May 26, 2023. Following the hearing, the company issued a statement saying that they were deeply sorry for their association with Epstein. They noted that if they had known about his crimes, they would have immediately cut all ties with him.
According to the report, Jeffrey Epstein sexually abused several minor girls at his various homes in New York, Florida, and Manhattan. Among the individuals who were implicated in this heinous behavior was Ghislaine Maxwell. In 2020, she was apprehended and charged with multiple counts of sexual exploitation of minors. She was later convicted in 2022.
The report states that Epstein's victims filed lawsuits against him and his co-defendants in order to get justice. Details about the activities of JPMorgan Chase are also included in the report. It shows that the bank processed numerous wire transfers from Epstein to multiple women. The report raises questions about the bank's due diligence regarding the financier and the Know Your Client procedure.
BREAKING: A new report has surfaced shedding light on the close connection between late financier and convicted sex-trafficker Jeffrey Epstein and the Obama White House.
Does this surprise you? https://t.co/8bRphZgzNS
— Proud Elephant 🇺🇸🦅 (@ProudElephantUS) August 16, 2023
Although the report provides details about Epstein's activities, the exact nature of his connection to the White House is still unclear. According to the filing, his assistant suggested that Katherine Ruemmler, Obama's counsel at that time, be a potential client of JPMorgan. Despite their previous ties with Epstein, JPMorgan was still receptive to this idea.
Aside from financial transactions, Epstein also had extensive networks in various fields, such as politics, entertainment, and academia. Some of the prominent political figures he had connected with through his network included former President Bill Clinton. Clinton frequently used his private plane for various charitable trips and visited Epstein's private island. He has denied all of the allegations against him.
In response to one of the lawsuits brought against Epstein by his victims, JPMorgan Chase reached a settlement of almost $300 million in June. The amount is considered a record-breaking fine for the bank due to its ties with Epstein and his crimes. It sends a strong message that those who are involved in such heinous activities must be held accountable.
