Epstein, you may know, trafficked in underaged girls, both for himself and, "allegedly," for high-profile clients. Notable people who accompanied Epstein to his "pedo island" in the Caribbean or shared time with him elsewhere included former President Bill Clinton, disgraced British royal Prince Andrew, and 'famed' Harvard attorney Alan Dershowitz, according to reports.
But now, the banks that did business with Epstein are being singled out by entities and alleged victims alike for compensation after being accused of profiting off his nefarious and illegal activities without alerting property authorities about suspicious behaviors.
Lawyers representing the U.S. Virgin Islands have filed legal action against JPMorgan Chase regarding the bank’s financial dealings with the late convicted pedophile Jeffrey Epstein, alleging that the Wall Street financial giant benefited from his sex trafficking and then failed to report suspicious activity to the proper authorities.
“Over more than a decade, JPMorgan (JPM) clearly knew it was not complying with federal regulations in regard to Epstein-related accounts as evidenced by its too-little too-late efforts after Epstein was arrested on federal sex trafficking charges and shortly after his death, when JPMorgan (JPM) belatedly complied with federal law,” says the complaint filed by US Virgin Islands Attorney General Denise George, according to CNN.
“Human trafficking was the principal business of the accounts Epstein maintained at JPMorgan,” the lawsuit states. In addition, the complaint alleges that the bank concealed “wire and cash transactions that raised suspicion of a criminal enterprise whose currency was the sexual servitude” of young girls.
She said that investigation found that the bank “knowingly, negligently, and unlawfully provided and pulled the levers through which recruiters and victims were paid and was indispensable to the operation and concealment of the Epstein trafficking enterprise," according to the lawsuit.
“J.P. Morgan facilitated and concealed wire and cash transactions that raised suspicion of—and were in fact part of—a criminal enterprise whose currency was the sexual servitude of dozens of women and girls in and beyond the Virgin Islands,” the lawsuit added further.
“The time has come for the real enablers to be held responsible, especially his wealthy friends and the financial institutions that played an integral role,” Bradley Edwards, a lawyer in the case against Deutsche Bank, told The Wall Street Journal.
“These victims were wronged, by many, not just Epstein. He did not act alone,” the attorney added.
The attorney general of the U.S. Virgin Islands is accusing JPMorgan Chase of helping Jeffrey Epstein illegally exploit women and girls, according to a lawsuit filed Tuesday. The suit says the bank helped conceal Epstein's suspicious activities.https://t.co/0eT8QXZXsf
— The New York Times (@nytimes) December 29, 2022
Explain America also reported:
The Virgin Islands’ civil action comes on the heels of lawsuits filed last month by two women who accused Epstein of sexual abuse against JPMorgan and Deutsche Bank, also claiming that the banks benefitted from the late pedophile’s sex trafficking.
The pair of women have accused JPMorgan of having “provided special treatment to the sex-trafficking venture, thereby ensuring its continued operation and sexual abuse and sex-trafficking of young women and girls.”
“Without the financial institution’s participation, Epstein’s sex trafficking scheme could not have existed,” their lawsuit noted further.
Epstein was found dead in his New York City jail cell in 2019. A medical examiner ruled that he died by suicide, but many people believe that he was killed so that he would not identify several notable figures who used his 'services.'