Epstein accusers sue JPMorgan and Deutsche Bank in New York

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Class action suits allege banks enabled Jeffrey Epstein’s sex trafficking organisation to ‘churn profits’

Jeffrey Epstein was found dead in his US jail cell in 2019. Picture: BLOOMBERG

JPMorgan was accused in the suit of “financially benefiting from participating” in the alleged sex trafficking through providing financial support from 1998 to August 2013. Deutsche Bank was accused of knowing that they would “earn million of dollars” from its relationship with Epstein. The suits threaten to return the spotlight to Wall Street and the nature of its links to Epstein. A Who’s Who of prominent financiers, entrepreneurs, politicians and even royals have been tainted by their association with the convicted paedophile.

The UK’s Prince Andrew had to withdraw from public duties after a disastrous television interview about his ties to Epstein. Jes Staley abruptly stepped down as CEO of Barclays last year after UK regulators shared with Barclays the preliminary findings of their multiyear probe into what he told the bank’s board about his relationship with Epstein.

 

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