A mugshot of Jeffrey Epstein launched by way of the U.S. Justice Division.
Supply: U.S. Justice Division
JPMorgan Chase treated greater than $1.1 million in bills from Jeffrey Epstein to “ladies or ladies” after the enormous financial institution has stated it fired the intercourse culprit as a consumer, a attorney for the U.S. Virgin Islands informed a pass judgement on Monday.
Lots of the ladies or ladies had Japanese Eu surnames, and greater than $320,000 of the bills have been made to “a lot of folks for whom JPMorgan had no up to now recognized bills,” the legal professional Linda Singer wrote to New York federal Pass judgement on Jed Rakoff.
Singer in her letter accused JPMorgan of failing to divulge the bills till after the tip of discovery, the duration throughout which the financial institution and the Virgin Islands exchanged proof as a part of an ongoing lawsuit that accuses JPMorgan of facilitating intercourse trafficking by way of Epstein.
Singer wrote that paperwork just lately became over by way of JPMorgan contained knowledge that have been up to now sought by way of the Virgin Islands throughout the invention duration.
That knowledge used to be assembled internally by way of the financial institution in October 2019, greater than 3 months after Epstein used to be arrested on federal kid intercourse trafficking fees. Epstein killed himself in prison in August 2019.
“There’s no reliable reason why for JPMorgan failing to spot bills to ladies or ladies the financial institution itself recognized as being associated with Epstein — and doable proof of Epstein’s intercourse trafficking undertaking — years ahead of receiving the USVI’s discovery requests,” the legal professional wrote.
The federal government of the Virgin Islands alleges JPMorgan enabled and benefited from Epstein’s trafficking of younger women throughout the years when he used to be a consumer. Epstein maintained a place of abode on a non-public island within the American territory, the place he sexually abused ratings of girls.
JPMorgan says it reduce ties to Epstein in 2013. However Monday’s submitting demanding situations the financial institution’s timeline.
The financial institution denies any wrongdoing. A spokeswoman for JPMorgan had no rapid remark at the letter.
Singer’s letter says {that a} spreadsheet ready by way of JPMorgan list the dates and beneficiaries of greater than 9,000 transactions payable to Epstein-related individuals between 2005 and 2019 “had a blended worth of over $2.4 billion.”
“Lots of the entries mirrored accounts and bills, numbering within the hundreds and totaling within the masses of hundreds of thousands of bucks in worth, of which USVI had no prior wisdom or knowledge from JPMorgan’s responses and productions throughout the truth discovery duration,” Singer wrote.
The letter says that JPMorgan has argued the ideas used to be no longer disclosed previous “as it used to be no longer in a custodial manufacturing and/or didn’t relate to folks particularly recognized by way of the USVI as associated with Epstein.”
However Singer famous, “The USVI has time and again made transparent that its discovery requests aren’t restricted to folks it particularly recognized as being associated with Epstein.”
“The USVI particularly recognized the folks it knew have been associated with Epstein to make its discovery requests clearer — no longer relieve JPMorgan of its responsibility to provide recognized related paperwork,” the attorney wrote.
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