Lawsuit insists JPMorgan was integrally involved financing Epstein's spy-prostitution-extortion racket

Apollonian

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Jeffrey Epstein-Related Lawsuit Reveals Explosive New Details: Report​

Photo of Martin Walsh Martin WalshMarch 20, 2023

Link: https://conservativebrief.com/epstein-details-71779/?utm_source=CB

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Explosive information has come to light as the public awaits the pending release of the full “client list” kept by the late convicted pedophile Jeffrey Epstein.
Last month, the U.S. Virgin Islands government unsealed portions of the federal lawsuit that had previously been redacted, some of which shows former JPMorgan executive (and later Barclay CEO) Jes Staley’s relationship with Epstein.
The Virgin Islands told a judge that JPMorgan’s attempt to deflect blame on its former senior executive Jes Staley was wrong and alleged the bank’s role in Epstein’s sex trafficking went all the way to the top.
“If Mr. Staley is a rogue employee, why isn’t Jamie Dimon?” the government’s private counsel Mimi Liu thundered, urging a judge to advance their lawsuit.
In August 2008, an internal JPMorgan email discussed the flow of Epstein’s assets, with a reference to “pending Dimon review,” Law and Crime reported.
“That’s Jamie Dimon,” said Liu, an attorney at Motley Rice.
“The remarks provide insight into why the Virgin Islands issued a subpoena to Dimon earlier this year — and why Senior U.S. District Judge Jed Rakoff signed off on it. JPMorgan insisted that Dimon is not relevant to the lawsuit, asserting that he wasn’t involved in any decisions related to Epstein’s account. Their arguments ultimately didn’t sway the judge on the discovery motion,” Law and Crime reported.
“JPMorgan, the world’s largest bank by market capitalization, was Epstein’s bank of choice between 1998 and 2013, well after Epstein’s Florida prosecution for soliciting prostitution with a minor. That relationship has been under a newfound spotlight after Epstein survivors and the Virgin Islands sued JPMorgan Chase late last year, claiming that it ‘facilitated, sustained and concealed’ Epstein’s abuse,” the outlet added.
JPMorgan has denied the allegations from the U.S. Virgin Islands and filed a counteroffensive against Staley, claiming he “concealed his personal activities” with Epstein.
Staley and Epstein exchanged roughly 1,000 emails between 2008 and 2012. Newly unsealed information reveals an odd exchange between Staley and Epstein, where they make references to Disney characters, according to Fox News.
“These women were trafficked and abused during different intervals between at least 2003 and July 2019, when Epstein was arrested and jailed, and these women received payments, typically multiple payments, between 2003 and 2013 in excess of $1 million collectively,” according to the unsealed passages.
In detailing the lawsuit against JPMorgan Chase, the U.S. Virgins Islands noted: “Epstein also withdrew more than $775,000 in cash over that time frame from JPMorgan accounts.

Last December, then-US Virgin Islands Attorney General Denise George filed a lawsuit against JPMorgan Chase regarding the bank’s financial dealings with Epstein, alleging that the Wall Street finance behemoth benefited from his sex trafficking escapades while subsequently failing to report suspicious activity to the authorities.
Virgin Islands Governor Bryan fired George after the lawsuit against JPMorgan was filed three months ago.
Attorneys for JPMorgan responded in court to the US Virgin Islands, alleging the territory “did nothing to stop” Epstein’s sex-trafficking operation and is deflecting blame by suing the bank for facilitating the now-dead financier’s scheme.
JPMorgan alleged in court that the Virgin Islands government “granted Epstein and his businesses lucrative privileges and massive tax incentives.”
The island’s civil action comes on the heels of lawsuits filed in December by two women against JPMorgan and Deutsche Bank who also accused Epstein of sexual abuse, claiming that the financial institutions benefitted from the late pedophile’s sex trafficking.
They 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,” the civil action stated.
“Without the financial institution’s participation, Epstein’s sex trafficking scheme could not have existed,” the lawsuit noted further.
“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,” Bradley Edwards, a lawyer in the case against Deutsche Bank, told The Wall Street Journal.
The outlet noted further that George’s lawsuit against JPMorgan Chase comes less than a month after she settled a separate lawsuit with Epstein’s estate for $105 million.
Epstein was found dead in his New York City jail cell in 2019. A medical examiner ruled that he died by suicide.
Previous reports noted that former President Bill Clinton hung out with Epstein far more than previously known.
Epstein allegedly visited Clinton frequently at the White House.
Unearthed visitor logs also show that Epstein visited the Clinton White House at least 17 times during Clinton’s first term in office.
 

JPMorgan CEO Jamie Dimon to be deposed in Epstein case​

Link: https://www.aljazeera.com/economy/2023/3/29/jpmorgan-ceo-jamie-dimon-to-be-deposed-in-epstein-case

Dimon will be interviewed in a case where women are suing the US bank for allegedly enabling Epstein’s sex trafficking.

Jamie Dimon of JP Morgan

JP Morgan chief Jamie Dimon will be interviewed under oath in connection with the bank's relationship with Jeffrey Epstein [File: Mario Tama/Getty Images]
Published On 29 Mar 202329 Mar 2023

JPMorgan Chase & Co’s Chief Executive Officer Jamie Dimon will be interviewed under oath in connection with the bank’s relationship with Jeffrey Epstein, the late sex offender and a former client, a lawyer involved in the litigation has said.
The deposition is expected to occur in early May, Brad Edwards, a lawyer representing women who claim to have been sexually abused by Epstein, said on Tuesday. The women are suing the largest bank in the United States for allegedly enabling the financier’s sex trafficking.

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JPMorgan declined to comment.
Epstein had been a JPMorgan client from 2000 to 2013, with the last five years coming after he had pleaded guilty to a Florida prostitution charge.
JPMorgan is defending two lawsuits, in Manhattan federal court, seeking damages over its dealings with Epstein: a proposed class action by Epstein’s accusers and a case brought by the US Virgin Islands, where Epstein owned a home.
The bank is also suing Jes Staley, a former private banking chief and later Barclays PLC chief executive who had been friendly with Epstein.
JPMorgan wants Staley to reimburse it for eight years of compensation and damages it might incur in the other lawsuits.
The Financial Times earlier reported Dimon’s expected deposition.
Citing a person familiar with an internal JPMorgan probe, the newspaper said there was no record found of Dimon being in direct communication with Epstein or included in any discussion over retaining him as a client.
On March 9, a federal judge ordered JPMorgan to give the US Virgin Islands documents concerning Dimon from 2015 to 2019, after Epstein had been dropped as a client, rejecting the bank’s claim that the territory was on a “fishing expedition”.

 

Attorney Says FBI ‘Utterly Failed’ to Investigate Jeffrey Epstein, Asks DOJ to Find Out Why​

Photo of Jon Dougherty Jon DoughertyMay 7, 2023

Link: https://conservativebrief.com/attorney-says-2-73100/?utm_source=CB

An attorney who is claiming that the FBI “utterly failed” to properly investigate the late billionaire financier and convicted underage sex trafficker Jeffrey Epstein has asked the Justice Department to find out why.
A letter from the attorney, who is representing several women, was sent last week to FBI Director Christopher Wray, Attorney General Merrick Garland, and DOJ Inspector General Michael Horowitz, stating that the FBI was aware of allegations against Epstein back in the 1990s but failed to take any significant action, the Daily Wire reported.
“As counsel to many survivors of the Jeffrey Epstein sex trafficking conspiracy, we write regarding the failure of the Federal Bureau of Investigation (FBI) to properly, adequately, or timely investigate the sex trafficking of hundreds of girls and young women,” says the letter from lawyer Jennifer Freeman.
“The FBI utterly failed to investigate serious allegations involving Epstein’s, and perhaps others’, child sex abuse materials (CSAM), significant additional criminality which, until recently, has been disregarded, disrespected, and essentially denied,” it added.
n August of 1996 one of our clients, Maria Farmer, reported to the FBI that Epstein and Ghislaine Maxwell had sexually abused her and that the two of them, together with others, were committing multiple, serious, sexual abuse crimes, including hands-on sexual abuse, against minors and vulnerable young women,” the letter continues. “In addition, she reported to the FBI that Epstein, and perhaps others, appeared to be engaged in the production, possession, and distribution of sexually suggestive or exploitative images of children that could constitute CSAM.”
“In 2005, child erotica was found in Epstein’s Palm Beach home. In approximately 2008, law enforcement “prematurely” truncated their investigation of Epstein’s computer hard drives, which had been suspiciously removed from his Palm Beach estate immediately before a police raid,” the letter continued, adding: “In 2019, more child erotica was found displayed in Epstein’s properties, with additional images located in his home safe.”
The women are seeking an explanation as to why it took so long for legal action to be taken against Epstein and have requested that the DOJ investigate the FBI’s handling of the case.
Meanwhile, a December 2021 report in the National Review noted that “Epstein visited the White House 17 times during former President Clinton’s first few years in office,” according to then-nearly discovered visitor logs.
The logs, obtained by the UK’s Daily Mail under a Freedom of Information Act request, also reveal that Epstein visited the White House 14 times over a two-year period between 1993 and 1995. On three occasions, he made two visits in a single day. The majority of these visits were to the West Wing, leading to speculation that he may have met with the President during these visits.
Epstein died in jail in 2019, believed to have committed suicide.
A month earlier, in November, CNN reported that “Epstein’s former pilot testified in Ghislaine Maxwell’s sex trafficking trial…that a who’s who of powerful men, including former Presidents Bill Clinton and Donald Trump, flew aboard Epstein’s private plane.”
Visoski said that he was usually given advance notice when high-profile passengers, like former President Clinton, would be flying with Epstein. He also recounted that Epstein flew with renowned violinist Itzhak Perlman to the Interlochen Center for the Arts summer camp and that he remembered other notable passengers on flights, such as Prince Andrew, Maine Sen. George Mitchell, Ohio Sen. John Glenn, and actor Kevin Spacey, CNN reported.
Newsweek noted in January that a documentary aired on the BBC that month claimed that Clinton and Epstein were “like brothers.”
British socialite Lady Victoria Hervey told the UK outlet how Clinton was “very close to Jeffrey” in “Ghislaine, Prince Andrew and the Pedophile,” broadcast in Britain on January 18.
“Clinton was definitely very close to Jeffrey. I don’t know if you saw the paintings that were in Jeffrey Epstein’s house?” Hervey said in the documentary. “One of them being a portrait of Bill Clinton wearing the dress that Monica Lewinsky wore when they had the affair.”
 

Report: Jeffrey Epstein Attempted to Blackmail Bill Gates With Knowledge of Affair​

Chris Menahan
InformationLiberation
May. 21, 2023

Link: https://www.informationliberation.com/?id=63767

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Jeffrey Epstein attempted to blackmail Bill Gates into giving money to a JPMorgan Chase "charitable" fund by threatening to reveal an affair the Microsoft founder had with a Russian bridge player in 2010, emails obtained by the Wall Street Journal reveal.

From The Daily Mail, "Pedophile Jeffrey Epstein 'threatened to expose Bill Gates' 2010 affair with a Russian bridge player after he refused to participate in a multibillion-dollar charitable fund with JPMorgan'":
The pedophile, who killed himself in 2019, wanted Gates to invest in a multibillion-dollar charitable fund back in 2013 but he would not oblige.

Epstein later sent him an email implying he was aware of his affair with bridge player Mila Antonova and that he could reveal his infidelity, according to a report in the Wall Street Journal.


Gates, who has said that bridge is one of his favorite hobbies, allegedly met Antonova at a tournament in 2010 and had an affair with her at around the same time.

Epstein met her later in around 2013 when she was looking to raise money to start an online bridge platform. Though he did not bankroll the project he did later pay for her to attend a software coding school.

The 'threat' was not made until 2017 when Epstein wrote to Gates asking for reimbursement for Antonova's coding school in a tone that implied he knew about the affair and could expose it.


Gates has said those fees were not paid. 'Mr. Gates never had any financial dealings with Epstein. As Bill has said before, it was a mistake to have ever met him,' his spokesperson told DailyMail.com on Sunday.

A spokesperson for Gates separately told the Journal that he did not pay for the cost of Antonova's coding school, which according to the Journal was 'immaterial for the two men'.

'Mr. Gates met with Epstein solely for philanthropic purposes. Having failed repeatedly to draw Mr. Gates beyond these matters, Epstein tried unsuccessfully to leverage a past relationship to threaten Mr. Gates,' said a spokeswoman for Gates to the Wall Street Journal, who first revealed the connection.

[...] According to the Journal the affair happened at around the same time in 2010 when Gates was married to his ex-wife Melinda Gates.

Then in 2013 Antonova was introduced to Epstein through an advisor to Gates, Boris Nikolic, in order to help her raise money to fund the online bridge business, called BridgePlanet, according to documents seen by the Journal.

She was hoping to raise $500,000 for the venture, the mission of which was to 'promote bridge by creating quality tutorials for beginners and advanced players'.

After failing to secure funds for BridgePlanet, she shifted her focus to becoming a software developer and Epstein agreed to pay for her education.

'Epstein agreed to pay and he paid directly to the school. Nothing was exchanged. I don't know why he did that,' she told the Journal. 'When I asked, he said something like, he was wealthy and wanted to help people when he could.'
If "nothing was exchanged" then how did Epstein get knowledge of the affair? Who the hell else would have told him?
Antonova also told the Journal that the next year in 2014 during a trip to New York City she stayed in an apartment provided to her by Epstein but did not meet him.

The Journal's report also suggests that Gates was meeting independently with Epstein starting in 2011. The pair had 'more than a half dozen meetings scheduled', some of which were dinners at Epstein's townhouse, according to documents.
This is more evidence Epstein was an intelligence agent who was trying to dig up dirt on people for blackmail purposes.

The Wall Street Journal confirmed earlier this month that former Israeli Prime Minister and head of Israeli Military Intelligence Ehud Barak was visiting Epstein's New York City apartment on a monthly basis.

ehud-barak-jeffrey-epstein-regular-meetingsjpg.jpg


I guess they don't want to put two and two together out of fear of being placed in the Anti-Defamation League's crosshairs.

As a reminder, American billionaire Jeff Bezos was also targeted for blackmail after his phone was hacked using Israeli NSO spyware and it revealed he was having an affair with Lauren Sanchez.
 

Pedophile Jeffrey Epstein got more than $300 MILLION in tax breaks from US Virgin Islands and it waived sex offender monitoring requirements - as it's revealed he also paid local cops​

Link: https://www.dailymail.co.uk/news/ar...ot-300-MILLION-tax-breaks-Virgin-Islands.html
  • Jeffrey Epstein got $300million in tax incentives from the US Virgin Islands after he bribed top officials with gifts and cash, JPMorgan Chase accused
  • The Virgin Islands, including former first lady Cecile de Jongh, 'actively facilitated' his sexual abuse of young women and teenage girls, the bank said
  • The Virgin Islands said has accused JPMorgan of facilitating Epstein's crimes by providing banking services and enabling his crimes
By ALYSSA GUZMAN FOR DAILYMAIL.COM and REUTERS
PUBLISHED: 00:03 EDT, 23 June 2023 | UPDATED: 00:03 EDT, 23 June 2023

JPMorgan Chase said the US Virgin Islands gave Jeffrey Epstein more than $300million in tax incentives and waived sex offender monitoring requirements, shielding the disgraced late financier as he gave cash and gifts to top officials and local police.
In a Tuesday court filing, the largest US bank described how Epstein allegedly paid law enforcement entities such as the Virgin Islands Police Department.
The newly unredacted filing is part of JPMorgan's effort to show that the US Virgin Islands, including former first lady Cecile de Jongh, 'actively facilitated' Epstein's sexual abuse of young women and teenage girls.
JPMorgan is defending in federal court against the territory's lawsuit filed in December over its relationship with Epstein, a client from 1998 to 2013.
The US Virgin Islands, where Epstein owned two neighboring islands, has accused JPMorgan of facilitating Epstein's crimes by providing banking services, and enabling him to pay victims.
JPMorgan Chase said the US Virgin Islands gave Jeffrey Epstein more than $300million in tax incentives and waived sex offender monitoring requirements, shielding the disgraced late financier as he gave cash and gifts to top officials


JPMorgan Chase said the US Virgin Islands gave Jeffrey Epstein more than $300million in tax incentives and waived sex offender monitoring requirements, shielding the disgraced late financier as he gave cash and gifts to top officials
US Virgin Islands police said they 'never received a single complaint' about Epstein's sex trafficking and would have investigated complaints. Pictured is Little St. James Island, one of the properties of financier Jeffrey Epstein,


US Virgin Islands police said they 'never received a single complaint' about Epstein's sex trafficking and would have investigated complaints. Pictured is Little St. James Island, one of the properties of financier Jeffrey Epstein,
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'JPMorgan Chase is the only party to this lawsuit that had real-time knowledge of Jeffrey Epstein's human trafficking operation,' Venetia Velazquez, a spokeswoman for the US Virgin Islands attorney general, said in a statement.
'The evidence disclosed so far suggests the bank chose to prioritize its profits over protecting victims.'
US Virgin Islands police said they 'never received a single complaint' about Epstein's sex trafficking and would have investigated complaints, a person familiar with the territory's law enforcement practices said. The person lacked authority to discuss those practices publicly.
JPMorgan agreed last week to pay $290million to settle a lawsuit by dozens of Epstein's accusers, pending court approval.
Epstein died by suicide at age 66 in a Manhattan jail cell in August 2019 while awaiting trial on sex trafficking charges.
JPMorgan had described a 'quid pro quo' relationship between Epstein and US Virgin Islands officials such as de Jongh, whose husband, John, served as governor from 2007 to 2015.
The bank has said Cecile de Jongh managed Epstein's local companies for eight years and helped arrange visas for some victims, in exchange for Epstein providing a salary, bonuses and tuition for her children's schools.
The Virgin Islands, including former first lady Cecile de Jongh (pictured), 'actively facilitated' his sexual abuse of young women and teenage girls, the bank said. The bank has said Cecile de Jongh managed Epstein's local companies for eight years and helped arrange visas for some victims


The Virgin Islands, including former first lady Cecile de Jongh (pictured), 'actively facilitated' his sexual abuse of young women and teenage girls, the bank said. The bank has said Cecile de Jongh managed Epstein's local companies for eight years and helped arrange visas for some victims
Tuesday's filing described Epstein's Financial Trust Co, also known as Southern Trust Co, receiving $219.8million in tax benefits from the US Virgin Islands between 1999 and 2012, and $80.6million between 2013 and 2018.
In connection with some benefits, the bank said Cecile de Jongh certified in 2009 that Epstein was a 'bona fide resident,' despite his then serving a 13-month sentence following his 2008 guilty plea to a Florida prostitution charge.
JPMorgan also said the territory waived restrictions on Epstein's ability to travel, despite his sex offender status.
It said the territory's Department of Justice on multiple occasions did not make timely notifications of Epstein's status under the Sex Offender Registration and Notification Act, 'something Epstein even personally brought up with USVI DOJ.'
The bank also said 'Epstein was often not present' when the territory checked up on him at his home.
JPMorgan's latest disclosures followed Monday's release by the US Virgin Islands of a 22-page document prepared by the bank in late 2019 after Epstein's death.
The document described Epstein's ties to former JPMorgan private banking chief Jes Staley, including dozens of personal messages between them, and messages involving other bank officials.
The Virgin Islands said has accused JPMorgan of facilitating Epstein's crimes by providing banking services and enabling his abuse


The Virgin Islands said has accused JPMorgan of facilitating Epstein's crimes by providing banking services and enabling his abuse
The bank denies any wrongdoing, but has sued Jes Staley - who was friends with Epstein - accusing of him acting on his own to help the sex offender


The bank denies any wrongdoing, but has sued Jes Staley - who was friends with Epstein - accusing of him acting on his own to help the sex offender
JPMorgan has sued Staley, and wants him liable for damages it might owe in the accusers' and US Virgin Islands' lawsuits.
Staley left JPMorgan in 2013, and later spent six years as Barclays' chief executive.
He has expressed regret for his friendship with Epstein and repeatedly denied knowing about his crimes.
Internal emails show that following Epstein's July 2019 arrest on sex trafficking charges, JPMorgan conducted an internal review review known as 'Project Jeep' investigating the bank's relationship with Epstein.
The review included emails between Epstein and Staley, a former friend and JPMorgan private banking chief whom the bank has tried to blame for its client relationship with Epstein.
In a July 2019 email, JPMorgan's head of financial crimes compliance Peter Neilson wrote that he was working on the review with input from 'top of house,' which attorneys for the Virgin Islands argue is a reference to JPMorgan CEO Jamie Dimon.
'Top of house requested that we expand our analysis to related parties and put together slides. Should have in a few days. We are treating it as a project at this point,' Neilson wrote in the email.
Epstein had been a JPMorgan client from 1998 until the bank terminated him in 2013, years after he was convicted of soliciting a minor for sex in a Florida state case.
In a May 26 deposition, Dimon said he never met Epstein, did not recall discussing his accounts internally, and barely knew who Epstein was prior to the July 2019 arrest.
The US Virgin Islands wanted Dimon to sit for a second deposition after additional documents about Epstein and Staley surfaced, including the emails cited in the newly unsealed letter.
However, US District Judge Jed Rakoff, who oversees the lawsuit, denied that request for a second deposition.
JPMorgan declined to comment when reached by DailyMail.com on Tuesday. The bank has previously denied any wrongdoing, but said it regrets taking on Epstein as a client.
 

JPMORGAN HAD A SECRET PROJECT THAT IS NOW SPREADING ITS SCANDALOUS INTERNAL EMAILS WITH SEX TRAFFICKER JEFFREY EPSTEIN TO NEWS OUTLETS WORLDWIDE​


Published: June 23, 2023

SOURCE: PAM MARTENS AND RUSS MARTENS - WALL STREET ON PARADE

Link: https://www.blacklistednews.com/art...-its-scandalous-internal-emails-with-sex.html

AP20317699988612-e1645332931495.jpg

According to unsealed documents released this week by the U.S. Virgin Islands in its federal lawsuit against JPMorgan Chase over claims it facilitated Jeffrey Epstein’s sex trafficking of underage girls for more than a decade, the largest bank in the United States has a lot of explaining to do to the American people – and potentially to the criminal division of the U.S. Justice Department.
After Jeffrey Epstein was arrested by the U.S. Department of Justice on July 6, 2019 on federal sex trafficking charges, JPMorgan Chase – which had been Epstein’s banker from 1998 to 2013 – apparently decided to get a quick look at how much legal liability and reputational damage it might have if its labyrinthine client relationship and intimate and undisclosed business relationship with Epstein came to light.
The “top of the house” at JPMorgan Chase ordered an internal investigation in 2019 which was code named “Project Jeep.” The JE stood for Jeffrey; the EP for Epstein. Jamie Dimon, the Chairman and CEO of JPMorgan Chase, denied knowledge of Project Jeep in his deposition in the lawsuit in late May. An attorney for the Virgin Islands writes in a letter that there is documentation suggesting that Dimon is part of “top of the house.”
Project Jeep included almost two dozen pages of internal emails between Epstein and a host of JPMorgan executives, its private client bankers and licensed brokers, stretching from 2008 when Epstein began serving his first jail term for soliciting a minor for sex, to 2013 when JPMorgan says it severed its client relationship with Epstein. According to news reports, JPMorgan’s business relationships with Epstein continued long past 2013.
The emails are stomach-churning and humiliating for the U.S. banking system. They show a sex trafficker actually directing business strategies for JPMorgan’s investment bank and referring clients from around the world to JPMorgan Chase, including Microsoft co-founder Bill Gates, Peter Mandelson, Andrew Farkas, Boris Nikolic, science advisor to the Gates Foundation, Leon Black, former Chairman of Apollo Global Management, and many others.
According to a letter filed with the court by Linda Singer, an attorney for the Virgin Islands, as of June 7 JPMorgan Chase had failed to produce internal documents referenced in Project Jeep that showed the full scope of Epstein’s client referrals to the bank and related business transactions – ostensibly that generated large fees for the bank.
One thing is for certain, Epstein was getting paid in multiple ways for sending business deals and clients to JPMorgan. The full extent of those payments should, by law, be made public under reporting requirements of the Securities and Exchange Commission.
What we do know thus far is that Epstein was paid $15 million for his role in arranging the sale of Highbridge Capital Management, a hedge fund, to JPMorgan.
In a related lawsuit filed against the bank by a Jane Doe 1 sexually-trafficked victim of Epstein’s, her attorney alleges the following in a January 13, 2023 amended complaint:
“For example, despite that Epstein was not FINRA-certified, Epstein was paid more than $15 million for his role in the Highbridge/JP Morgan deal.
“Moreover, Highbridge, a wholly-owned subsidiary of JP Morgan, trafficked young women and girls on its own private jet from Florida to Epstein in New York as late as 2012.”
The Jane Doe 1 case was certified as a class action by Judge Jed Rakoff on June 12. JPMorgan Chase has agreed to settle that case for $290 million, according to David Boies, one of the attorneys for Jane Doe 1. The large sum of money strongly suggests that the public has yet to hear the full particulars hiding in the shadows of Project Jeep.
In addition, Project Jeep emails show that the bank agreed to settle Epstein’s claims for his losses in hedge funds run by Bear Stearns, which JPMorgan Chase acquired during the financial crisis in 2008, and losses on Epstein’s holdings in Bear Stearns’ common stock, for a whopping $9.2 million. Bear Stearns’ stock price collapsed when JPMorgan took over the company for a fraction of what its trading price had been on the previous Friday. The July 2011 email from Jim Condren, Associate General Counsel at JPMorgan Chase, to Epstein reads as follows:

There is a question as to whether it is legal for a bank to make good on what amounts to trading losses in a publicly-traded common stock for a client. Licensed brokers are certainly prohibited from doing such a thing unless there was an overt error by the broker in properly executing the stock trade and management handles the reimbursement.
There is also the question as to whether JPMorgan was allowed to provide monetary relief to Epstein on his stock losses without providing the same relief to other shareholders in Bear Stearns. To put it bluntly, this email has opened up a big can of legal worms for JPMorgan and its Board of Directors.
If, indeed, JPMorgan was using its corporate jet to transport Epstein’s sex trafficked victims, that would be a matter for the criminal division of the U.S. Department of Justice.

READ MORE... [see https://wallstreetonparade.com/2023...er-jeffrey-epstein-to-news-outlets-worldwide/]​

 

Emails show JPMorgan working with Jeffrey Epstein to lure Google co-founder Sergey Brin as client: court docs​

By Shannon Thaler
August 15, 2023 6:39pm
Updated

Link: https://nypost.com/2023/08/15/jpmorgan-catered-to-epstein-as-google-account-advisor-court-docs/

MORE ON:JEFFREY EPSTEIN

Newly revealed emails shed fresh light on JPMorgan’s cozy ties with Jeffrey Epstein, suggesting that top bankers at the Wall Street giant bent over backwards to accommodate the dead pedophile as he helped them line up lucrative clients — including Google and its co-founder Sergey Brin.
The US Virgin Islands filed explosive court papers on Tuesday in Manhattan federal court to bolster its allegation that Epstein played a key role as an investment “advisor” to the Silicon Valley search giant and Brin, whose personal portfolio of over $4 billion was among the bank’s largest.
In an email from 2006 that was unsealed Tuesday, Mary Erdoes — a star banker who is now the CEO of JPMorgan’s asset and wealth management division — urged colleagues to set up a team in New York rather than in San Francisco, where Google and Brin are based, to manage the accounts, according to the court documents.
Erdoes wrote in the email, which had the subject line “google”: “This is NOTHING to do with the abilities of the SF team. This is solely because of our need to have a NY team cover a NY person, Jeffrey Epstein (as the advisor to the partners).”
That same day, Ann Borowiec — then a managing director at JPMorgan’s NJ Private Bank — shared a message with the subject line “big new business oppy,” informing colleagues that a New York-based team had been picked “to work with Jeffrey Epstein (advisor) on business oppy associated with GRATS that are terminating for Google founders,” the filing showed.
Newly revealed emails shed fresh light on JPMorgan's cozy ties with Jeffrey Epstein, including that the convicted sex offender served as an advisor to the bank's lucrative Google accounts.Newly revealed emails shed fresh light on JPMorgan’s cozy ties with Jeffrey Epstein, including that the convicted sex offender served as an advisor to the bank’s lucrative Google accounts.Corbis via Getty ImagesMary Erdoes -- CEO of JPMorgan's asset and wealth management division -- urged colleagues to set up a team in New York rather than San Francisco, where Google and Brin are based, per an unsealed email correspondence from 2006.Mary Erdoes — CEO of JPMorgan’s asset and wealth management division — urged colleagues to set up a team in New York rather than San Francisco, where Google and Brin are based, per an unsealed email correspondence from 2006.VCG via Getty Images
Borowiec was seemingly referring to Grantor Retained Annuity Trusts, which JPMorgan describes on its site as “an efficient way to transfer wealth with little or no gift tax liability.”

SEE ALSO​


Jeffrey Epstein helped JPMorgan land Google co-founder Sergey Brin and his $4B in investments as client: lawsuit​


Also that day, Borowiec emailed several other JPMorgan employees, informing them: “We are setting up a conference call. …It is to get the necessary background on the potential investment mgt opportunity associated with Jeffrey Epstein (advisor) to the trusts set up on behalf of the Google founder’s kids.”
It’s unclear if Borowiec was referring to Brin, though banker Robert A. Keller wrote in a memo when Brin became a JPMorgan client: “We work very closely with the Sergey Brin family office … and communicate with them at least 1 x per day.”
Brin, a 49-year-old father-of-three, is now No. 11 on the Forbes list with a net worth of $104.2 billion.
JP Morgan responded to the lawsuit’s allegations today, saying, “Rather than account for its own failures to investigate and monitor this criminal under its jurisdiction, USVI blames a bank that did not have USVI’s authority to enforce any law.”
“Any association with Epstein was a mistake and in hindsight we regret it, but we did not help him commit his heinous crimes,” a JPMorgan spokesperson added. “We would never have continued to do business with him if we believed he was engaged in an ongoing sex trafficking operation.”
Google and Brin didn’t immediately respond to requests for comment.
Another email exchange included in the bombshell documents revealed that JPMorgan’s current chief executive, Jamie Dimon, worked with a team of other executives as well as Epstein on the bank’s acquisition of investment management firm Highbridge.
The so-called “Project Alpha” group included Jes Staley — who would later become CEO of UK banking giant Barclays before he was toppled by the Epstein scandal in 2021 — Dimon, who hadn’t yet taken over as the bank’s chief executive, billionaire Highbridge co-founder Glenn Dubin and Epstein, among others.
Epstein reportedly referred Google co-founder Sergey Brin to JPMorgan. Brin, whose personal portfolio was over $4 billion, was among the bank's largest, the bombshell court papers revealed.Epstein allegedly referred Google co-founder Sergey Brin to JPMorgan, according to court papers. Brin, whose personal portfolio was over $4 billion, was among the bank’s largest, the court papers revealed.Kimberly White
Once JPMorgan completed its Highbridge purchase in 2004, Staley requested that an email be sent to Dimon and Dubin with Epstein blind-copied, according to the court papers.
He asked that the email say: “You’ve done an amazing job of bringing our businesses together and delivering numbers…that will earn the envy of our industry. Thanks for the partnership. We are well on our way to resume our position as one of the most respected asset and wealth managers.”
Though the US Virgin Islands alleged that Dimon and Epstein worked on this acquisition together, Dimon testified in a deposition in May that he never had any dealings with Epstein, and didn’t even know the sex offender was a JPMorgan client until his 2019 arrest.
Epstein, who committed suicide while awaiting trial in 2019, was a JPMorgan client from 1998 to 2013.
Dimon has called the bank’s relationship with Epstein a “terrible mistake” but says he was unaware of it at the time, instead pointing the finger at Staley, who was the CEO of JPMorgan’s Asset Management division in 2004, when Dimon first joined the bank.
Other emails included in the court filing showed that JPMorgan CEO Jamie Dimon worked with on a team with Epstein that helped the bank acquire investment firm Highbridge.Other emails included in the court filing indicate that JPMorgan CEO Jamie Dimon worked on a team with Epstein that helped the bank acquire investment firm Highbridge.Getty Images
Staley, however, has contradicted the claim, saying that he and Dimon did, in fact, communicate about Epstein in 2006, when Epstein was first arrested, and again in 2008, when he pleaded guilty to soliciting and procuring a minor for prostitution.
Staley and Dimon were colleagues at JPMorgan until 2009 when Staley left to head up Barclays.
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The recent filing is the latest in a back-and-forth legal battle between JPMorgan and the US Virgin Islands, in which the US territory is seeking at least $190 million to settle the suit that claims JPMorgan benefitted from Epstein’s infamous sex-trafficking ring while ignoring his sordid misdeeds.
The Virgin Islands’ counsel at Motley Rice declined to comment.
 

New Court Documents Suggest the Justice Department Under Four Presidents Covered Up Jeffrey Epstein’s Money Laundering at JPMorgan Chase

Link: https://wallstreetonparade.com/2023...-epsteins-money-laundering-at-jpmorgan-chase/

By Pam Martens and Russ Martens: August 21, 2023 ~

JPMorgan Chase BuildingRemember all of that sensational social media buzz in 2016 about a politically-connected ring of pedophiles operating out of a pizza parlor in Washington, D.C.? The story was debunked by Snopes but not before it had gone viral.
While the pizza parlor was getting plenty of attention, an actual, highly sophisticated, child sex-trafficking ring had been operating with impunity for more than a decade out of the largest bank in the United States, JPMorgan Chase.
Based on astonishing internal documents from JPMorgan Chase obtained during discovery in a federal lawsuit and filed on the court docket last week, it now appears that the U.S. Department of Justice has turned a blind eye toward this bank’s facilitation of Jeffrey Epstein’s sex trafficking crimes for more than 16 years, during the administrations of four separate Presidents of the United States.
The heavy-lifting for what should have been a criminal investigation by the U.S. Department of Justice in this matter is now being conducted by the U.S. Attorney’s Office for the U.S. Virgin Islands in a civil lawsuit, using the law firm, MotleyRice.
A new document filed last week with the federal court in Manhattan that is hearing the case shows that on September 6, 2007, the U.S. Attorney’s Office for the Southern District of Florida (part of the U.S. Department of Justice) followed up on a subpoena it had issued to Bear Stearns, demanding to receive “a list of accounts at other financial institutions that Bear Stearns has either transferred money to or received money from on behalf of Mr. Epstein….”
The peculiar thing about this letter is that a federal law enforcement agency is asking a private bank to help it locate Epstein’s other bank accounts when it has that information easily accessible at two federal databases: the Financial Crimes Enforcement Network (FinCEN) and the Federal Reserve System which handles the wiring of funds between banks and others.
In fact, the U.S. Department of Justice has a Financial Investigations Guide that specifically lists those two sources as key government databases to tap when conducting a financial investigation into money laundering or other criminal financial activity.
One reason that comes to mind as to why a federal prosecutor would ask a private bank like Bear Stearns to provide outside banking relationships for Jeffrey Epstein, instead of getting that information directly from reliable government databases, is that the prosecutor didn’t want to know or was instructed by higher ups to stand down.
This is the same U.S. Attorney’s Office in the Southern District of Florida that had received a deeply investigated case from the Palm Beach County Police Department, documenting that Epstein had sexually assaulted dozens of schoolgirls at his Palm Beach home. Under a secret non-prosecution agreement, this same U.S. Attorney’s Office agreed not to prosecute Epstein or his accomplices for federal crimes. Epstein ended up with a lenient 18-month jail sentence in 2008, which morphed into 13 months, the bulk of which was a work release program where Epstein was driven by his limo driver to an office each day.
Because of that abysmal failure by the U.S. Department of Justice, Epstein was able to continue his sexual assaults of underage girls and arrange for his rich pals to do the same, from his release from jail in Palm Beach County in July of 2009 until the Justice Department was shamed by the Miami Herald’s “Perversion of Justice” newspaper series in November of 2018 into arresting Epstein on federal charges of sex trafficking of minors on July 8, 2019. (Epstein was found dead in his jail cell while awaiting trial a little more than a month later, on August 10, 2019. His death came the day after an appellate court released 2,000 pages of previously sealed documents, including the names of politicians and other powerful men that a victim alleged were part of his sex ring. The New York City Medical Examiner ruled that Epstein’s death was a suicide.)
A federal appellate court that looked at the Justice Department’s handling of the Epstein case and its failure to inform his victims’ about its non-prosecution agreement, called it “a national disgrace.”
Throughout this period, the largest taxpayer-backstopped, federally-insured bank in the United States, with media darling Jamie Dimon sitting at its helm, was somehow able to engage in more than 9,000 money transactions for Epstein, which “had a combined value of over $2.4 billion,” according to court evidence introduced by the U.S. Virgin Islands.
Those transactions included the following amounts of hard cash according to documents obtained by the U.S. Virgin Islands:
“In the year 2003, Epstein was able to withdraw highly suspicious amounts of cash totaling $175,311. In 2004, he withdrew $840,000. In 2005, he withdrew $904,337. In 2006, he withdrew $938,625. In 2007, he withdrew $526,000. In 2008, he withdrew $469,000. In 2009, he withdrew $165,011. In 2010, he withdrew $253,397. In 2011, he withdrew $260,000. In 2012, he withdrew $290,000. In 2013, he withdrew $197,152.”
So let this sink in for a moment. The Justice Department’s U.S. Attorney’s Office in the Southern District of Florida was supposedly on a subpoena hunt in September of 2007 to learn the names of any other banks that might be laundering money for Epstein. But, somehow, despite government databases being readily available to provide the name of his most important bank, JPMorgan Chase, Epstein was able to withdraw millions of dollars in hard cash from that bank, unimpeded for years – when any cash withdrawal of $10,000 or more should have blown the whistle on Epstein and stopped his operation.
During the financial crisis in 2008, JPMorgan Chase bought the collapsing Bear Stearns and, apparently, obtained its records. The U.S. Virgin Islands was able to obtain during discovery the internal emails at JPMorgan Chase, where its anti-money-laundering personnel express curiosity as to why Bear Stearns got a subpoena in the Epstein case but it didn’t, despite being Epstein’s primary bank.
In a January 10, 2011 internal email at JPMorgan Chase, Maryanne Ryan, the Vice President of Anti-Money-Laundering (AML) Operations, emails William Langford, then Global Head of Compliance at the bank according to his LinkedIn profile (and a former executive at FinCEN who should have intimately understood the need to be filing Suspicious Activity Reports for Epstein’s massive cash withdrawals).
Ryan reveals the following: that JPMorgan Chase “never was served a subpoena,” which she admits that she finds “odd, since we were his #1 bank and actually Bear got one in 07.” Ryan also reveals in this email that “Steve Cutler” has approved Epstein to remain as a customer at JPMorgan Chase’s Private Bank. Steve (Stephen) Cutler was the former Director of Enforcement at the Securities and Exchange Commission prior to becoming General Counsel at JPMorgan Chase. According to the transcript of the deposition of Jamie Dimon, the Chairman and CEO of the bank, as part of the U.S. Virgin Islands’ lawsuit, Cutler worked in the office directly next door to Dimon and reported to Dimon.
Dimon also stated in his deposition that he had never heard of Epstein and didn’t know he had accounts at the bank until Epstein’s arrest in 2019. It raises much skepticism on Wall Street that Cutler, who reported to Dimon, would have failed to get permission from Dimon before deciding to keep this Level 3 registered sex offender at the bank and look the other way at hundreds of thousands of dollars in cash withdrawals year after year.
For example, another internal email filed with the court shows that on October 24, 2008 an employee writes that it is his understanding that JPMorgan Chase “requires top of the house ok for clients who are convicted felons.” He cites this chain of approval as follows: “PCS Legal [Private Client Services Legal] to Asset Mgt Legal to Cutler to Jaime Daimnon [Jamie Dimon].”
Other internal documents show that Epstein was catered to at the bank because he referred large accounts from ultra wealthy individuals, notwithstanding the fact that the anti-money-laundering personnel at the bank were regularly circulating media reports about Epstein’s scandalous history.
The head of the U.S. Attorney’s Office for the Southern District of Florida at the time Epstein was let off the hook with the secret federal non-prosecution agreement was Alex Acosta. Donald Trump made Acosta the head of the U.S. Department of Labor – a key federal agency in preventing human trafficking. Acosta resigned in 2019 after news reports focused on the secret non-prosecution agreement Acosta has presided over for Epstein in the Palm Beach County case.
The U.S. Department of Justice has failed to bring charges against JPMorgan Chase despite what appears to be a mountain of evidence that it laundered money for Epstein through four different Presidents and their appointees at the U.S. Department of Justice: George W. Bush, Barack Obama, Donald Trump, and Joe Biden. Clearly, the American people must demand an Independent Special Counsel to investigate why the Justice Department wears a permanent blindfold when it comes to Jamie Dimon’s bank.
In addition to the Epstein matter, the Special Counsel needs to investigate the previous two non-prosecution agreements and three deferred-prosecution agreements that were given to JPMorgan Chase – despite its serial felony charges and a rap sheet that rivals that of an organized crime family.
 
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