Current：Home > ScamsJPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein’s sex trafficking operations -WealthMindset Learning
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein’s sex trafficking operations
View
Date：2025-04-17 09:45:33
NEW YORK (AP) — JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein.
JPMorgan said Tuesday that $55 million of the settlement will go toward local charities and assistance for victims. Another $20 million will go toward legal fees.
The Virgin Islands, where Epstein had an estate, sued JPMorgan last year, saying its investigation has revealed that the financial services giant enabled Epstein’s recruiters to pay victims and was “indispensable to the operation and concealment of the Epstein trafficking enterprise.”
Epstein died by suicide in a federal jail in 2019.
veryGood！ (36)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Women’s World Cup rematch pits United States against ailing Dutch squad
- Arrests after headless body found in Japanese hotel room but man's head still missing
- Minneapolis considers minimum wage for Uber, Lyft drivers
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- McDonald’s franchise in Louisiana and Texas hired minors to work illegally, Labor Department finds
- Alaska board to weigh barring transgender girls from girls’ high school sports teams
- Volunteers working to save nearly 100 beached whales in Australia, but more than half have died
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Child labor laws violated at McDonald's locations in Texas, Louisiana, Department of Labor finds
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Gigi Hadid Spotted for the First Time in Public Since Arrest
- Trump ally Bernard Kerik turned over documents to special counsel investigating events surrounding Jan. 6
- After 40 years, a teenage victim of the Midwest's 'interstate' serial killer is identified
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Anchorage mayor wants to give homeless people a one-way ticket to warm climates before Alaska winter
- Chinese and Russian officials to join North Korean commemorations of Korean War armistice
- Meet the world's most prolific Barbie doll collector
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Russian fighter jet damages U.S. drone flying over Syria, U.S. military says
Bronny James, LeBron James' oldest son and USC commit, hospitalized after cardiac arrest
An alliance of Indian opposition parties — called INDIA — joins forces to take on Modi
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Typhoon blows off roofs, floods villages and displaces thousands in northern Philippines
Women’s World Cup rematch pits United States against ailing Dutch squad
Chevrolet Bolt won't be retired after all. GM says nameplate will live on.