The hard evidence against JPMorgan Chase for both “facilitating” and “participating in” Epstein’s sex-trafficking operation consumes one million pages and 82,000 documents in court files in the U.S. District Court for the Southern District of New York in lower Manhattan. The documents were filed in connection with two separate federal lawsuits against JPMorgan Chase that were brought in late 2022 by the Attorney General of the U.S. Virgin Islands (where Epstein trafficked underage girls to his rich pals on his own secluded island compound); and a class action lawsuit brought by Epstein’s sexual assault victims.
After extensive discovery and the filing of tens of thousands of pages of redacted or sealed documents and deposition transcripts throughout much of 2023, JPMorgan Chase settled with the victims for $290 million and with the U.S. Virgin Islands for $75 million, rather than face a jury trial.
These federal lawsuits were civil cases, leaving the door wide open for the U.S. Department of Justice to bring criminal charges against JPMorgan Chase – something that, to date, the DOJ has failed to do despite a well-developed roadmap provided by these cases.
To be clear about why I’m posting this, JP Morgan and Bank of America just closed Trump and supporter’s accounts.
Bank of America and JP Morgan Chase weighed reputation rules, not politics, in closing Trump and his supporters’ accounts, sources say
Decisions by some major U.S. banks to close accounts were based on rules around reputational risk, people familiar with the matter said, pushing back on President Donald Trump’s accusation that he and his conservative supporters were denied services for political reasons.
Trump on Tuesday renewed his criticism of JPMorgan Chase (JPM.N), opens new tab and Bank of America (BAC.N) saying they discriminated against him by refusing to accept hundreds of millions of dollars in deposits.
Meaning, B of A and JP Morgan suck, and so does trump.
