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JPMorgan reaches settlement with Jeffrey Epstein’s victims, citing ‘best interests of all parties’

June 12, 2023 | | Print Article

Financial giant JPMorgan Chase has settled a class-action lawsuit with the victims of pedophile and sex trafficker Jeffrey Epstein.

The New York City-based global financial services firm has faced two lawsuits — one in the U.S. Virgin Islands, and one in Manhattan — seeking to hold the company financially responsible for turning “a blind eye” to Jeffrey Epstein’s heinous human sex-trafficking operations, which allegedly represented the “principal business” of Epstein’s accounts with the institution


In the Manhattan case, filed in November, the banking behemoth has reached an agreement, according to The Hill.

“The parties believe this settlement is in the best interests of all parties,” the bank said in a Monday statement, “especially the survivors who were the victims of Epstein’s terrible abuse.”

As BizPac Review reported, last week, three of Epstein’s victims wrote scathing letters, begging JPMorgan to come clean and admit they knew what Epstein was up to.

JPMorgan Chase’s CEO Jamie Dimon testified under oath that he didn’t remember ever receiving any letters from Epstein’s victims. He was promptly confronted with a heart-wrenching letter from one woman who was just 16 when Epstein got his hooks into her.


“Dear Jamie Dimon,” Haley Robson wrote. “I cannot begin to explain how Epstein has consumed my life. I cannot make you see, force you to feel or even request that you show compassion to all the survivors.”

“I don’t understand how so many people, colleagues, knew what was going on, or had evidence and information that could have helped us, and chose not to speak up,” Robson continued. “Why did we all get picked apart publicly when the reality is you and many more knew something and didn’t speak up?!”

“I may not be as smart as you, but we should at least agree that the information you withheld has hurt me and many others,” Robson stated. “Everyone makes mistakes and has regrets. If you are a good human you will just admit to making a mistake and be the first to try to do what is right to end this chapter on a positive note for all of us.”

The U.S. Virgin Islands lawsuit alleges that “JP Morgan knowingly, negligently, and unlawfully provided and pulled the levers through which recruiters and victims were paid and was indispensable to the operation and concealment of the Epstein trafficking enterprise,” BizPac Review reported.

The complaint states that JP Morgan “knowingly facilitated, sustained, and concealed the human trafficking network operated by Jeffrey Epstein” and “financially benefitted from this participation.”

In February, a court filing submitted by U.S. Virgin Islands (USVI) acting Attorney General Carol Thomas-Jacobs alleged that former JPMorgan exec Jes Staley emailed Epstein to discuss Disney princesses.

“That was fun,” Staley allegedly told Epstein. “Say hi to Snow White.”

“[W]hat character would you like next?” Epstein replied.

The terms of the Manhattan settlement have not been disclosed.

According to The Hill, “Litigation is still pending between the U.S. Virgin Islands and JPMorgan Chase, as well as JPMorgan Chase’s claims against former executive, Jes Staley.”

 

Melissa Fine
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