Leaked: JPMorgan Executives Joked About Epstein’s ‘Young Girls’

JPMorgan Chase and its executives are facing a new lawsuit for allegedly ignoring the signs of convicted sex offender Jeffrey Epstein’s “interest in young girls.”

According to an amended complaint filed by the U.S. Virgin Islands, where Epstein owned a property to run his alleged sex trafficking operation, JPMorgan’s senior executives joked about Epstein’s sexual proclivities.

The lawsuit claims that these executives disregarded anti-money laundering regulations to funnel money to Epstein to keep authorities from learning about the alleged sex trafficking ring.

JPMorgan has repeatedly denied that its executives were broadly aware of accusations against Epstein, except for former investment banking executive Jes Staley.

The bank has pinned all allegations on Staley, who left the bank in 2013, the same year it severed ties with Epstein, who held around $120 million in assets with JPMorgan in 2008, according to court filings.

The Virgin Islands is seeking to expand its suit to secure damages from JPMorgan for violating the Trafficking Victims Protection Act, after a judge dismissed most of its earlier claims, except for the argument that JPMorgan may have knowingly profited from Epstein’s actions. The bank also faces a separate lawsuit from an Epstein victim.

JPMorgan CEO Jamie Dimon has agreed to sit for a deposition in the case. It’s not clear exactly when that will take place, but the judge overseeing the case has ordered all depositions to wrap up by the end of May.

Billionaires like Google co-founder Sergey Brin, Hyatt Hotels executive chairman Thomas Pritzker, and real estate mogul Mortimer Zuckerman have been subpoenaed for information related to the case, though it’s not clear why. Former Disney president Michael Ovitz has also been asked to comply with the investigation.

The Epstein case has embroiled some of the richest and most powerful people in America over Epstein’s ties to the institution. The allegations against JPMorgan and its executives highlight the importance of compliance with anti-money laundering and human trafficking laws. Banks and financial institutions must take proactive steps to identify and report any suspicious activities, especially those that involve the exploitation of vulnerable populations.