Sex criminal Jeffrey Epstein, whose former friends included Donald Trump, Bill Clinton and Prince Andrew, was a JPMorgan Chase client from 1998 through 2013.
"Human trafficking was the [principal] business of the accounts Epstein maintained at JP Morgan," the suit says.
During a March 16 court hearing, a lawyer for the Virgin Islands told Rakoff that both Dimon and Staley had been aware of Epstein's sex trafficking while he was a customer." the attorney Mimi Liu said at the time. "If Staley is a rogue employee, why isn't Jamie Dimon?"cites a deposition by Mary Callahan Erdoes, who became head of the bank's asset and wealth management division in 2000.
Erdoes "admitted in her deposition that JPMorgan was aware by 2006 that Epstein was accused of paying cash to have underage girls and young women brought to his home," according to the filing by lawyers for the Virgin Islands. Erdoes testified that the bank only dropped Epstein as a client seven years later, after she learned that the tens of thousands of dollars he was routinely withdrawing from his account were for "actual cash."
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