Virgin Islands is suing JPMorgan for aiding and abetting Epstein’s sex trade

The U.S. Virgin Islands is suing JPMorgan Chase & Co. for “turning a blind eye” to former client Jeffrey Epstein’s sex trafficking on his private island there.

USVI Attorney General Denise George said her lawsuit, filed Tuesday in Manhattan federal court, is part of an “ongoing effort” to hold accountable those who supported Epstein’s activities. Epstein brought many of his victims to his mansion on Little St. James, the private island he owned.

“Human trafficking was the core business of the accounts Epstein maintained at JPMorgan,” the USVI complaint reads.

Jeffrey Epstein was found dead in his jail cell in 2019 after being arrested by Manhattan federal prosecutors and charged with sex trafficking.

Jeffrey Epstein was found dead in his jail cell in 2019 after being arrested by Manhattan federal prosecutors and charged with sex trafficking.Credit:AP

JPMorgan declined to comment.

According to the lawsuit, JPMorgan concealed “wire and cash transactions that raised suspicion of a criminal enterprise whose currency was the sexual bondage” of women and girls in the Virgin Islands. George also alleges that JPMorgan’s willingness to do business with Epstein unfairly enriched it at the expense of other banks.

Class Actions

The lawsuit seeks unspecified damages for violating sex trafficking, banking secrecy and consumer laws.

George’s lawsuit raises similar claims to proposed class action lawsuits filed against JPMorgan and Deutsche Bank by Epstein victims last month. A spokesman for JPMorgan declined to comment on the lawsuit, while a spokeswoman for Deutsche Bank said the case was “baseless.”

Epstein was found dead in his jail cell in 2019 after being arrested by Manhattan federal prosecutors and charged with sex trafficking. His former girlfriend Ghislaine Maxwell was convicted on similar charges last December. During her trial, a JPMorgan bank employee testified that Epstein wired her $31 million, money prosecutors said was Maxwell’s payment for raising young girls for the financier.

https://www.smh.com.au/business/banking-and-finance/virgin-islands-sues-jpmorgan-for-facilitating-epstein-s-sex-trafficking-20221229-p5c97g.html?ref=rss&utm_medium=rss&utm_source=rss_business Virgin Islands is suing JPMorgan for aiding and abetting Epstein’s sex trade

Brian Lowry

InternetCloning is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@internetcloning.com. The content will be deleted within 24 hours.

Related Articles

Back to top button