As JPMorgan officials tried to boot Jeffrey Epstein as a client over the years because of his sex crimes against children, bank executives apparently resisted because he brought in new business—including wealthy clients like Google founder Sergey Brin.
, saying the USVI was “complicit” in Epstein’s crimes and that the territory’s officials had a “quid pro quo relationship” with him.
One filing included a spreadsheet of payments to women, which ranged from a few hundred or a few thousand dollars up to more than $700,000. It also notes that in 2011, employees emailed about Epstein’s “assistant or young lady he brought over from Praque [sic],” noting that the girl opened accounts with the bank sponsored by Epstein and that her debit transactions were “enlighting [sic] as compared to countless stories related to his escapades.
JPMorgan even opened accounts for “all the girls and women publicly alleged in 2006 to be recruiters, accomplices, or victims,” including Ghislaine Maxwell, the British socialitein Epstein's scheme in 2021. “By Epstein’s arrest, JPMorgan knew it had made over $25 million in payments to Maxwell from Epstein,” including $7 million to buy a helicopter, the document states.
“Beginning in 2008, several payments were sent to high-risk locations, such as Belarus, Lithuania, and Russia,” the document alleges. JPMorgan also managed Epstein’s business with MC2 Model Management—the agency run by the late Jean-Luc Brunel—while “knowing Epstein was accused of using the supposed modeling agency to traffic and abuse underage girls.”“Epstein was also a personal resource to Staley and Erdoes, two business executives who JPMorgan does not dispute were involved in the decision to maintain Epstein at the Bank,” the memorandum says.
Despite the heinous allegations against Epstein—and his arrest for soliciting an underage girl—JPMorgan execs and their pals often joked about their star client’s predilections for young girls.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Google co-founder Sergey Brin back at the company in recent months - WSJ By Investing.com*GOOGLE CO-FOUNDER SERGEY BRIN BACK AT THE COMPANY IN RECENT MONTHS AMID AI PUSH $GOOGL
Read more »
JPMorgan’s top strategist stays bearish stocks, but thinks this asset class may catch upJPMorgan chief global equity strategist Marko Kolanovic says commodities stand out as 'under-valued [and] under-owned.'
Read more »
‘AI-Driven Bubble’ May Burst And Drag Down Stock Market, JPMorgan SaysFallout from elevated interest rates, an “erosion” of personal savings and a “deeply troubling” geopolitical situation will lead to broad market declines, according to strategists at the world’s largest bank.
Read more »
Overconcentration in U.S. stock market sees fastest rise in 60 years, JPMorgan warnsThe stock market's dependence on a handful of megacap names increases at the fastest pace in 60 years, according to JPMorgan Chase & Co. analysts.
Read more »