JPMorgan CEO Jamie Dimon says other bank exec could have booted Jeffrey Epstein as customer

JPMorgan Chase CEO Jamie Dimon testified past week that a apical enforcement astatine the bank, Mary Erdoes, who had raised concerns astir long-time lawsuit Jeffrey Epstein, had the powerfulness to footwear him arsenic a client, according to a transcript of his deposition obtained by CNBC connected Wednesday.

Dimon's grounds Friday came aft disclosures that Erdoes arsenic aboriginal arsenic 2006 was alert of suspicious transfers of wealth retired of Epstein's accounts, which lawsuits present allege were utilized for enactment trafficking of young women.

Dimon besides testified that JPMorgan's then-general counsel Stephen Cutler had "the eventual authorization to footwear him retired if" issues surrounding Epstein "had gone excessively far."

During the deposition, Dimon was shown an email that Cutler sent Erdoes an email astir Epstein connected July 21, 2011, successful which Cutler wrote: "I would similar to enactment it and him down us. Not a idiosyncratic we should bash concern with, period."

Epstein was terminated arsenic a lawsuit successful 2013, 2 years aft that email and 5 years aft helium pleaded blameworthy to a Florida authorities complaint of soliciting enactment from a minor.

Dimon besides testified helium was not informed that Epstein was indicted successful Florida for enactment crimes successful 2006, oregon of different concerns astir him that others astatine the slope raised, the deposition reveals.

"As CEO of backstage [banking] oregon plus and wealthiness management, Mary Erdoes could person decided to terminate Jeffrey Epstein arsenic a customer, arsenic a client, of JPMorgan; is that right?" a lawyer asked Dimon.

Dimon answered, "I mostly would accidental that's true, yes."

JPMorgan is accused successful 2 lawsuits of enabling and benefiting from enactment trafficking by Epstein.

Dimon was deposed astatine JPMorgan's office successful New York by lawyers for the plaintiffs, and for erstwhile slope enforcement Jes Staley, who JPMorgan argues is liable for immoderate civilian liability a assemblage mightiness find.

"I deliberation what happened to these women is atrocious, and I'm horrified astatine the magnitude of quality trafficking that takes place," Dimon said erstwhile asked if the accusers of Epstein deserved an apology.

"And I wouldn't caput personally apologizing to them, not due to the fact that we committed the crime, we did not, and not due to the fact that we judge we're responsible, but that immoderate imaginable thing, what small relation that we could person eased it oregon helped drawback it quicker oregon thing similar that, oregon get it to instrumentality enforcement quicker oregon get instrumentality enforcement to respond to it quicker, which they evidently didn't,  you know, I would apologize to them."

"For that, yes," helium said.

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