Inside JPMorgan’s $290M sex-trafficking settlement: What it means for Jeffrey Epstein survivors

Epstein at Little St. Jeff

Jeffrey Epstein and his Virgin Islands home (Photos via DOJ)

The Attorney General of the U.S. Virgin Islands said Tuesday that a settlement was reached with JPMorgan Chase to the tune of $75 million to resolve a lawsuit accusing the bank of “turn[ing] a blind eye” to and enabling Jeffrey Epstein’s sex trafficking crimes.

In December 2022, former U.S. Virgin Islands Attorney General Denise George filed suit against the big bank, claiming it
“knowingly facilitated, sustained, and concealed the human trafficking network operated by Jeffrey Epstein.”

By February, the bank’s lawyers fired back by calling the suit “legally meritless.”

“USVI’s lawsuit is a masterclass in deflection that seeks to hold JPMC responsible for not sleuthing out Epstein’s crimes over a decade ago,” a memo from the bank said at the time. “Yet USVI had access at the time to the same information, allegations, and rumors about Epstein on which it alleges JPMC should have acted. Indeed, as a law-enforcement agency, USVI had access to much more, along with the investigative advantage of physical proximity to Epstein’s crimes.”

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