JPMorgan Agrees Big Payout to Victims of ‘Monstrous’ Jeffrey Epstein

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JPMorgan Agrees Big Payout to Victims of ‘Monstrous’ Jeffrey Epstein
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“Money, which for far too long flowed with impunity between Jeffrey Epstein’s global sex trafficking enterprise and Wall Street’s leading banks, is decisively being used for good,' said Sigrid McCawley, an attorney for Jane Doe.

which accused the bank of enabling his abuse of women and girls for over a decade.

“The settlements that have been reached are both life-changing and historic for the survivors,” said Sigrid McCawley, an attorney for Jane Doe. “Money, which for far too long flowed with impunity between Jeffrey Epstein’s global sex trafficking enterprise and Wall Street’s leading banks, is decisively being used for good. The settlements signal that financial institutions have an important role to play in spotting and shutting down sex trafficking.

The bank declined, however, to disclose the settlement amount. David Boies, a lawyer for Doe and other victims, said, “The Bank has asked us not to reveal the number at this time, and that pending further discussions we are going to respect that request.”to dozens of Epstein accusers in a similar suit and JPMorgan’s settlement is expected to be much higher. Epstein banked with JPMorgan from about 1998 to 2013 and with Deutsche from 2013 to 2018.

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