The US Virgin Islands reportedly wants JPMorgan Chase to pay at least $190 million to resolve a lawsuit accusing the largest US bank of ignoring Jeffrey Epstein’s sex trafficking.
The territory said in a filing Friday it wants JPMorgan to pay a $150 million civil fine, and give up at least $40 million from its 15-year relationship with Epstein.
“A large payout is appropriate because JPMorgan “lacked the economic incentive and motivation to place compliance with the law and prevention of trafficking ahead of its own profits,” the territory’s lawyer said in the filing.
The USVI wants JPMorgan to be held liable for providing services to Epstein from 1998 to 2013, enabling him to use massive amounts of cash to pay his victims, while also ignoring several internal warnings.
From The Gateway Pundit:
JPMorgan has sought to shift blame to the territory for being complicit with Epstein’s criminal activity, and also separately suing former top executive Jes Staley, once a close friend to Epstein, trying to cover its losses in the lawsuits it faces. Jes Staley had a ‘profound’ and deeply personal friendship, according to his newly surfaced emails. Staley and Epstein met over 60 occasions at the disgraced financier’s various properties.
