JPMorgan allegedly continues to contact Jeffrey Epstein
US investment bank JPMorgan was alleged to have been in contact with Jeffrey Epstein for years, despite Chase ending their official relationship in 2013 over crimes including prostitution and child abuse.
Epstein, an American financier and businessman, was tried for crimes including prostitution and child abuse, then suspiciously committed suicide in prison. The bank was also in big trouble when it was revealed that Epstein had been depositing money with JPMorgan for 15 years, from 1998 to 2013.
ALLEGED TO CONTINUE THEIR RELATIONSHIP
According to the Financial Times, sources; He said that after Epstein’s formal dialogue with the bank ended in 2013, several JPMorgan executives had maintained relationships with Epstein and had spoken with him on several occasions.
Mary Erdoes, who holds senior positions at the bank and runs the $4 trillion asset management business, allegedly visited Epstein’s New York home in 2011 and 2013. Erdoes is also alleged to have exchanged dozens of emails with Epstein when Epstein was a client of the bank between 1998 and 2013.
In his statement on the matter, Erdoes said that JPMorgan was aware of Epstein’s crimes. According to Erdoas, the bank was aware of Epstein’s accusations of paying cash to bring “underage girls” into his home about seven years before he cut off contact with his client.
WHAT HAPPENED?
Jeffrey Epstein was found dead in prison while in custody by sexual abuse, pedophilia and prostitution rings.
From 2002 to 2005, Epstein awaited trial on charges of prostitution with underage girls at his Manhattan mansion and Palm Beach estate.
WHY ARE THE CASES OPEN?
Two women, victims of Jeffrey Epstein, who died in 2019 in the prison where he was detained for multiple sexual crimes, filed a lawsuit against JP Morgan and Deutsche Bank, two banks where the American billionaire works.
The women accused the banks of claiming that Epstein could not operate the prostitution ring without the support of financial institutions.
A woman who sued JPMorgan accused the bank of “providing special treatment to a sex trader.” The plaintiff alleged that thanks to the special treatment of the bank, the crime was able to continue and the bank led to the exploitation of young women.