by Doug Mainwaring, LifeSite News:
A federal judge has approved a settlement awarding $290 million to Jeffrey Epstein’s victims of sexual abuse.
It will be paid by JPMorgan Chase, following claims that the bank, which did business with the financier, repeatedly ignored warnings about Epstein’s abuse of underage girls and young women.
“The settlement closes an important chapter in the Epstein saga centering on the role of big banks in enabling his conduct to continue for nearly two decades,” wrote Matthew Goldstein for the New York Times.
TRUTH LIVES on at https://sgtreport.tv/
“The money being paid by JPMorgan, the nation’s biggest bank, could provide compensation to nearly 200 victims of Mr. Epstein, according to a legal filing. JPMorgan and lawyers for the victims reached a preliminary settlement in June, averting a potential civil trial in federal court in Manhattan,” according to the Times report.
“Fifteen unidentified victims submitted written declarations in support of the deal,” the Times continued. “Some, including one who said she was just 13 when Mr. Epstein first sexually assaulted her, wrote about continuing to suffer from depression, anxiety, panic attacks, and eating disorders.”
JPMorgan Chase had previously agreed to pay $75 million in a separate case to Epstein’s victims and to the U.S. Virgin Islands where Epstein had maintained a home, bringing the grand total to $365 million.
The U.S. Virgin Islands court filing last winter said that JPMorgan Chase Bank had “facilitated and sustained” Jeffrey Epstein’s expansive sex trafficking network.
“Far from the so-called ‘ordinary’ banking services JPMorgan claims it provided to Epstein, JPMorgan broke every rule to facilitate Epstein’s sex-trafficking and feed off his wealth and connections,” the legal complaint alleged.
That court case said that the enabling of Epstein’s sex-trafficking operation didn’t just occur at arms-length, something that would have allowed the banking behemoth to claim plausible deniability.
