JPMorgan's Alleged $1 Billion Suspicious Transactions Report on Epstein

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Source: NBC News
JPMorgan's Alleged $1 Billion Suspicious Transactions Report on Epstein
Photo: NBC News
TL;DR Summary

JPMorgan Chase allegedly reported over $1 billion in suspicious transactions related to human trafficking by Jeffrey Epstein to the U.S. Treasury Department in 2019, according to a lawyer for the U.S. Virgin Islands. The territory is suing the bank for enabling Epstein's sex trafficking enterprise and seeking at least $190 million in damages. JPMorgan Chase denies liability and accuses the territory of having a close relationship with Epstein. The bank previously settled with Epstein victims for $290 million. The judge is considering a summary judgment before the trial.

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