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IPFS News Link • Human Trafficking

Prosecutors Say JP Morgan Chase 'Facilitated' Epstein's Sex Trafficking Network

• TimCast.com

The U.S. Virgin Islands' attorney general has filed a lawsuit accusing global banking and investment behemoth JP Morgan Chase of helping Jeffrey Epstein exploit and traffic underage girls.

According to the legal filing, JP Morgan "knowingly, negligently, and unlawfully provided and pulled the levers through which recruiters and victims were paid and was indispensable to the operation and concealment of the Epstein trafficking enterprise."

Investigators who conducted interviews and reviewed documents argue that JP Morgan "knowingly facilitated, sustained, and concealed" Epstein's human trafficking operation and "financially benefitted" from it.

Prosecutors say that the bank facilitated and concealed wire transfers and cash transactions that should have triggered suspicious activity (SAR) reports, adding that "human trafficking was the principal business of the accounts Epstein maintained at JP Morgan."

Epstein — who owned a 70-acre private island in the Caribbean — was a registered sex offender, following a conviction in 2008 after pleading guilty to a single count of solicitation of prostitution with a minor in Palm Beach, Florida. Under Virgin Islands law, he was considered a "Tier 1 offender" based on his Florida conviction.


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