The government of the U.S. Virgin Islands has filed a case this Tuesday against JPMorgan Chase and Co, an American financial services holding company and a multinational investment bank.
The investment bank of Wall Street has been accused of supporting Jeffrey Epstein’s sex trafficking dealings by overseeing the task of outlining questionable financial activities.
“Over more than a decade, JPMorgan (JPM) clearly knew it was not complying with federal regulations in regard to Epstein-related accounts as evidenced by its too-little too-late efforts after Epstein was arrested on federal sex trafficking charges and shortly after his death, when JPMorgan (JPM) belatedly complied with federal law,” said the complaint filed by US Virgin Islands Attorney General Denise George.
The lawsuit added a dagger that should make these friends of Epstein’s: “Human trafficking was the principal business of the accounts Epstein maintained at JPMorgan.”
The complaint accuses JPMorgan Chase of concealing “wire and cash transactions that raised suspicion of a criminal enterprise whose currency was the sexual servitude” of young girls.
Back in November this year, a couple of unknown women, who have accused Epstein of sexual harassment, have brought up various civil suits against Deutsche Bank and JPMorgan Chase.
The women also claimed that these banks helped Epstein and they also received financial benefits from Epstein’s sex trafficking exercises.
The women accused JPMorgan of having “provided special treatment to the sex-trafficking venture, thereby ensuring its continued operation and sexual abuse and sex-trafficking of young women and girls.”
“Without the financial institution’s participation, Epstein’s sex trafficking scheme could not have existed,” the lawsuit says.
A lawyer involved in the lawsuit against Deutsche Bank, Bradley Edwards, informed the Wall Street Journal:
“The time has come for the real enablers to be held responsible, especially his wealthy friends and the financial institutions that played an integral role.
“These victims were wronged, by many, not just Epstein.
“He did not act alone.”
It is important that the banks involved with Epstein must be held accountable for their unlawful actions. However, the American public must also be aware of all the clients with whom Epstein was working.
No matter what the consequences are, Epstein’s client list must come to light in public as there is no doubt that many high-profile personalities still have not been prosecuted for their involvement in Epstein’s operations.
Too much time has already passed, and serious actions must be taken against all the culprits involved with Epstein even if it means that powerful personalities will have to face the consequences of their unpleasant actions.