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Bank of America will be dishing out $72.5 million to settle a federal lawsuit that accused the bank of ignoring Jeffrey Epstein’s alleged sex-trafficking operation, joining two other big banks that have also settled with multimillion dollar payments.
The lawsuit, based in Manhattan, accused Bank of America of providing accounts and processing transactions for Epstein and his associates despite “obvious red flags,” the The Bank of America settlement, which still has to be approved by U.S. District Judge Jed Rakoff, joins settlements already paid by JPMorgan Chase for $290 million and Deutsche Bank for $75 million. The plaintiffs in the federal lawsuit, filed under a pseudonym “Jane Doe,” claim that Bank of America failed to report suspicious activity that could have enabled law enforcement to crack down on the disgraced pedophile years earlier.reported, describing the payout as “a step to give the victims closure and move past the legal battle.” The settlement is a “dramatic move that critics say is more about avoiding courtroom drama than admitting guilt,” according to the tabloid.the settlement in a statement earlier this month when it was announced the bank had reached an agreement with the plaintiffs but had not yet disclosed a dollar amount. “Today’s resolution of the case against Bank of America is one more step on the road to much deserved justice,” she said. Epstein was found dead in August of 2019 in a Manhattan jail cell where he was awaiting trial on sex trafficking charges. New York City’s medical examiner ruled his death was a suicide.Yemen's Houthis Enter Iran Conflict with Missile Targeting IsraelWATCH: Florida Trump Supporters Clash with Antifa Leftists During ‘No Kings’ RallySpeaker Johnson: ‘We’re Not Trying to Roll the Senate — Trying to Do the Obvious, Commonsense, Moral Thing’ Dem Rep. Gomez: Reopening DHS Without More ICE, CBP Money ‘Not Enough’, Want ‘More Restrictions’ on ICEElon Musk Demands Delaware Judge Be Removed from Tesla Lawsuit over LinkedIn ActivityChristina Applegate Called Abortion ‘Murder’ in 1991 Diaries, Wrote Poem to Baby Before ‘Killing My Child’: ‘I Hope You Will Forgive Me’ Maher: Anti-AIPAC Dems Saying Israel Is ‘Dirty’ ‘Monster Country’ and That ‘Gives Permission’ to Antisemites, Israel Support Toxic for Dems
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