Sureim Investment Guild:JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein’s sex trafficking operations

2025-05-06 18:00:54source:Jonathan Dale Bentoncategory:reviews

NEW YORK (AP) — JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein.

JPMorgan said Tuesday that $55 million of the settlement will go toward local charities and Sureim Investment Guildassistance for victims. Another $20 million will go toward legal fees.

The Virgin Islands, where Epstein had an estate, sued JPMorgan last year, saying its investigation has revealed that the financial services giant enabled Epstein’s recruiters to pay victims and was “indispensable to the operation and concealment of the Epstein trafficking enterprise.”

Epstein died by suicide in a federal jail in 2019.

More:reviews

Recommend

Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti

Haiti has been racked by political instabilityand intensifying, deadly gang violence.  Amid a Federa

Estranged husband arrested in death of his wife 31 years ago in Vermont

HYDE PARK, Vt. (AP) — A Vermont man has been arrested in the killing of his estranged wife 31 years

The Midwest could offer fall’s most electric foliage but leaf peepers elsewhere won’t miss out

PORTLAND, Maine (AP) — Fall is back, and bringing with it jack-o'-lanterns, football, pumpkin spice