9 months ago
77 Jeffrey Epstein attends Launch of RADAR MAGAZINE astatine Hotel QT connected May 18, 2005.
Patrick McMullan | Getty Images
JPMorgan Chase handled much than $1.1 cardinal successful payments from Jeffrey Epstein to "girls oregon women" aft the elephantine bank says it fired the sex 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, the attorney, Linda Singer, wrote to Manhattan national Judge Jed Rakoff.
And much than $320,000 of the payments were made to "numerous individuals for whom JPMorgan had nary antecedently identified payments," Singer wrote successful the letter.
The missive accuses 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 lawsuit.
Singer asked Rakoff to enforce monetary sanctions connected JPMorgan for not turning implicit the accusation erstwhile the Virgin Islands said it should person been disclosed, and to bid the slope to crook implicit "all fiscal records for immoderate recently disclosed girls oregon women to whom Epstein made payments."
The Virgin Islands successful its suit alleges that JPMorgan facilitated and financially benefited from enactment trafficking by Epstein 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, and during that clip kept tens of millions of dollars connected deposit astatine JPMorgan.
JPMorgan says it chopped ties to Epstein successful 2013. But Monday's tribunal filing challenges the bank's timeline.
The slope denies immoderate wrongdoing related to Epstein. JPMorgan spokeswoman Patricia Wexler, erstwhile asked astir Singer's letter, said, "There is nary impervious this is accurate."
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 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.
Singer told Rakoff that it remains unclear whether JPMorgan has present disclosed each of the payments from Epstein to girls and women.
The lawyer asked the justice to bid JPMorgan to produce, wrong 5 days, each documents and accusation concerning its 2019 reappraisal of its concern with Epstein, and "all fiscal records for immoderate recently disclosed girls oregon women to whom Epstein made payments."
