9 months ago
72 A mugshot of Jeffrey Epstein released by the U.S. Justice Department.
Source: U.S. Justice Department
JPMorgan Chase handled much than $1.1 cardinal successful payments from Jeffrey Epstein to "girls oregon women" aft the elephantine slope has said it fired the enactment offender arsenic a client, a lawyer for the U.S. Virgin Islands told a justice Monday.
Many of the girls oregon women had Eastern European surnames, and much than $320,000 of the payments were made to "numerous individuals for whom JPMorgan had nary antecedently identified payments," the lawyer Linda Singer wrote to New York national Judge Jed Rakoff.
Singer successful her missive accused JPMorgan of failing to disclose the payments until aft the extremity of discovery, the play during which the slope and the Virgin Islands exchanged grounds arsenic portion of an ongoing suit that accuses JPMorgan of facilitating enactment trafficking by Epstein.
Singer wrote that documents precocious turned implicit by JPMorgan contained accusation that had been antecedently sought by the Virgin Islands during the find period.
That accusation was assembled internally by the slope successful October 2019, much than 3 months aft Epstein was arrested connected national kid enactment trafficking charges. Epstein killed himself successful jailhouse successful August 2019.
"There is nary morganatic crushed for JPMorgan failing to place payments to girls oregon women the slope itself identified arsenic being related to Epstein — and imaginable grounds of Epstein's enactment trafficking task — years earlier receiving the USVI's find requests," the lawyer wrote.
The authorities of the Virgin Islands alleges JPMorgan enabled and benefited from Epstein's trafficking of young women during the years erstwhile helium was a client. Epstein maintained a residence connected a backstage land successful the American territory, wherever helium sexually abused scores of women.
JPMorgan says it chopped ties to Epstein successful 2013. But Monday's filing challenges the bank's timeline.
The slope denies immoderate wrongdoing. A spokeswoman for JPMorgan had nary contiguous remark connected the letter.
Singer's missive says that a spreadsheet prepared by JPMorgan listing the dates and beneficiaries of much than 9,000 transactions payable to Epstein-related persons betwixt 2005 and 2019 "had a combined worth of implicit $2.4 billion."
"Many of the entries reflected accounts and payments, numbering successful the thousands and totaling successful the hundreds of millions of dollars successful value, of which USVI had nary anterior cognition oregon accusation from JPMorgan's responses and productions during the information find period," Singer wrote.
The missive says that JPMorgan has argued the accusation was not disclosed earlier "because it was not successful a custodial accumulation and/or did not subordinate to individuals specifically identified by the USVI arsenic related to Epstein."
But Singer noted, "The USVI has repeatedly made wide that its find requests are not constricted to individuals it specifically identified arsenic being related to Epstein."
"The USVI specifically identified the individuals it knew were related to Epstein to marque its find requests clearer — not relieve JPMorgan of its work to nutrient known applicable documents," the lawyer wrote.
This is breaking news. Please cheque backmost for updates.
