Big Banks To Face Lawsuit Over Epstein Ties

Recently, an unnamed “Jane Doe” representing a group of the pedophile’s victims filed a lawsuit against big banks like JP Morgan over Epstein ties.

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A US judge has cleared the way for three lawsuits against banking giants JP Morgan and Deutsche Bank, alleging both companies knowingly benefited from their relationships with convicted sex predator Jeffrey Epstein. Manhattan District Judge Jed Rakoff issued the four-page accusation on Tuesday, with a fuller statement to be published “in due course.”

The first lawsuit against JP Morgan, filed by an unnamed “Jane Doe” representing a group of the pedophile’s victims, argues the US-based bank “knowingly benefited from participating in a sex trafficking venture” led by Epstein, who was a client there from 1998 through 2013, and “negligently failed to exercise reasonable care to prevent physical harm.” 

The US Virgin Islands’ own suit against JP Morgan alleges the bank enabled the late predator’s sex trafficking operation, though Judge Rakoff also threw out three of the four claims in that suit. 

Mimi Liu, lawyer for the US Virgin Islands, where Epstein owned a private island, claimed current JP Morgan CEO Jamie Dimon was aware that his “billionaire client was a child trafficker” at the time of his felony conviction for soliciting prostitution from a minor in 2008. Dimon kept him as a client for another five years anyway.

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Manhattan District Judge Jed Rakoff has ruled that JPMorgan Chase can be sued by the Virgin Islands over Jeffrey Epstein’s sex-trafficking claims.

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