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Epstein victim and US Virgin Islands government allowed to sue banks over sex trafficking scheme

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WHAT YOU NEED TO KNOW!

  • JPMorgan Chase and Deutsche Bank will face a lawsuit filed by a victim of Jeffrey Epstein’s child sex trafficking operation and the US Virgin Islands government.
  • US District Judge Jed Rakoff dismissed most charges against the financial institutions in proposed class action lawsuits but allowed the plaintiffs to argue that the banks benefited from Epstein’s trafficking scheme by providing him with financial services.
  • Epstein’s victim contends that JPMorgan Chase granted Epstein special treatment because he brought clients to the investment bank, and that the bank continued to work with Epstein after he pleaded guilty to two counts of soliciting prostitution from a teenage girl in 2008.

On Monday, United States District Judge Jed Rakoff dismissed most charges against JPMorgan Chase and Deutsche Bank in proposed class action lawsuits, but allowed an unnamed victim of Jeffrey Epstein’s child sex trafficking operation and the US Virgin Islands government to file suit against the banks.

Attorneys for the plaintiffs contend that the firms benefited from Epstein’s sex trafficking scheme by providing him with financial services. While three of the four claims against JPMorgan Chase were thrown out in a separate suit from the US Virgin Islands, the plaintiffs will be permitted to argue that the banks assisted Epstein’s operation.



One lawsuit filed by Epstein’s victim, identified only as Jane Doe, claims that JPMorgan Chase gave Epstein special treatment because he brought clients to the investment bank. Epstein worked with the company between 1998 and 2013, after which most of his business went to Deutsche Bank.

Another lawsuit from former US Virgin Islands Attorney General Denise George noted that JPMorgan Chase continued to work with Epstein even after he pleaded guilty to two counts of soliciting prostitution from a teenage girl in 2008.

Former senior executive at JPMorgan Chase and former chief executive of Barclays, Jes Staley, allegedly exchanged more than 1,200 emails with Epstein, some of which reportedly made reference to young women and vacations to Little St. James, the private estate in the US Virgin Islands owned by Epstein.

JPMorgan Chase filed suit against Staley earlier this month, contending that he should be held responsible for damages to the company should any claims from Doe or the US Virgin Islands be upheld in court. Staley is scheduled to be deposed on Thursday.

“We are pleased that the US Virgin Islands will continue to work alongside survivors to hold JPMorgan Chase accountable for enabling Jeffrey Epstein’s heinous sex-trafficking venture. This case is critically important to ensuring that financial institutions do their jobs, with the detailed, real-time information available to them, as a first line of defense in identifying and reporting potential human trafficking, as the law expects.” According to a report from CNBC, U.S. Virgin Islands Acting Attorney General Carol Thomas-Jacobs said in a statement,

Source: dailywire.com

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