Jes Staley, the onetime asset management chief at JPMorgan Chase , is set to be questioned under oath over the weekend about his ties to the late financier and sex offender Jeffrey Epstein, according to a person familiar with the matter.
to settle a similar lawsuit accusing it of facilitating Epstein's sex trafficking while he was a client from 2013 to 2018.Staley left JPMorgan in 2013, a few months after the bank fired Epstein, and served as Barclays'Chief Executive Jamie Dimon testified that Staley left JPMorgan in part because he was not doing a good job running its investment bank, his role at the time.
Staley is set to be questioned by lawyers for the women, the Virgin Islands, and JPMorgan, according to the person familiar with the matter, who was not authorized to speak publicly. Zachary Margulis-Ohnuma, a lawyer who has represented sex trafficking victims and defendants, said he expected the plaintiffs to "grill" Staley on his knowledge of Epstein's sex trafficking and whether it affected the handling of Epstein's accounts.
"If they can show that he gave special consideration to Jeff Epstein to help him cover up payments to underage girls to have sex with them, that's serious business -- but also very hard to show," said Margulis-Ohnuma, who is not involved in the case.to New York-based JPMorgan's claims, Staley said he did not know Epstein would coerce young women and girls into having sex, or that anyone under 18 would be pressured into sex.
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