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NEW YORK, April 12 (Reuters) - A new version of a lawsuit accusing JPMorgan Chase & Co (JPM.N) of aiding in Jeffrey Epstein's sex trafficking includes claims that the bank ignored pleas to cut ties with the financier, and that someone joked about whether Epstein knew Miley Cyrus. In a complaint made public on Wednesday, the U.S. Virgin Islands said JPMorgan compliance officials urged the bank to sever ties with Epstein years before it did so in 2013. The cases in the U.S. District Court, Southern District of New York are: Jane Doe 1 v JPMorgan Chase & Co, No. 22-10019; Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, No. 22-10904; and JPMorgan Chase Bank NA v Staley, in Nos.

In this article HJPM Follow your favorite stocks CREATE FREE ACCOUNTA mugshot of Jeffrey Epstein released by the U.S. Justice Department. The subpoenas demand communications and documents related to the bank and Epstein, The Journal noted. The bank earlier this month sued former JPMorgan investment banking chief Jes Staley, claiming he is responsible for the suits related to Epstein. A lawyer for the Virgin Islands earlier this month said in court that Dimon knew in 2008 that Epstein was a sex trafficker. That was the year that Epstein first was hit with sex crime charges in state court in Florida.

☆ Jeffrey Epstein: JPMorgan, Deutsche Bank ordered to face lawsuits over ties to financier
▼ + stars: | 2023-03-21 | by ( ) edition.cnn.com time to read: +4 min

JPMorgan Chase and Deutsche Bank must face lawsuits that accuse them of enabling Jeffrey Epstein’s sex trafficking, a US judge said Monday. Rakoff’s decision gives the plaintiffs a chance to prove another claim: that JPMorgan and Deutsche Bank (DB)knowingly benefited from involvement in Epstein’s sex trafficking. JPMorgan spokeswoman Trish Wexler and Deutsche Bank spokesman Dylan Riddle declined to comment on Rakoff’s ruling. ‘Landmark decision’Epstein had been a client of JPMorgan from 2000 to 2013, and Deutsche Bank from 2013 to 2018. In the Deutsche Bank case, the plaintiff, also known as Jane Doe 1, said Epstein sexually abused her from 2003 to 2018.

[1/2] A J.P. Morgan logo is seen outside the JPMorgan bank offices in Paris, France, January 27, 2023. REUTERS/Sarah MeyssonnierNEW YORK, March 20 (Reuters) - A U.S. judge said on Monday JPMorgan Chase & Co (JPM.N) and Deutsche Bank AG (DBKGn.DE) must face lawsuits accusing them of enabling Jeffrey Epstein's sex trafficking. Rakoff's decision gives the plaintiffs a chance to prove that JPMorgan and Deutsche Bank knowingly benefited from involvement in Epstein's sex trafficking. Epstein had been a client of JPMorgan from 2000 to 2013, and Deutsche Bank from 2013 to 2018. The cases in the U.S. District Court, Southern District of New York are: Jane Doe 1 v Deutsche Bank AG et al, No.

[1/2] A J.P. Morgan logo is seen outside the JPMorgan bank offices in Paris, France, January 27, 2023. REUTERS/Sarah MeyssonnierNEW YORK, March 20 (Reuters) - A U.S. judge on Monday said JPMorgan Chase & Co (JPM.N) must face a lawsuit by the U.S. Virgin Islands accusing the bank of enabling the late financier Jeffrey Epstein's sex trafficking. The judge also said JPMorgan and Deutsche Bank AG (DBKGn.DE) must face lawsuits by two women who said Epstein sexually abused them, and who also accused the banks of enabling his sex trafficking. U.S. District Judge Jed Rakoff in Manhattan dismissed some claims in all three lawsuits. Reporting by Jonathan Stempel in New York; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ JPMorgan Chase can be sued by Virgin Islands over Jeffrey Epstein sex trafficking claims
▼ + stars: | 2023-03-20 | by ( Dan Mangan | ) www.cnbc.com time to read: +5 min

Epstein, who killed himself in a Manhattan jail in 2019 while awaiting trial on federal criminal child sex trafficking charges, was a JPMorgan client from 1998 through 2013. "Epstein's sex trafficking operation was impossible without the assistance of JPMorgan Chase, and later Deutsche Bank," Edwards said. In the Virgin Islands' suit, Rakoff sustained the government's claim that JPMorgan Chase benefited from participating in Epstein's sex trafficking, which included shipping women to his private island in the U.S. territory. The judge dismissed all other claims in the Virgin Islands' and accusers' cases. In a statement, U.S. Virgin Islands Acting Attorney General Carol Thomas-Jacobs said, "We are pleased that the U.S. Virgin Islands will continue to work alongside survivors to hold JPMorgan Chase accountable for enabling Jeffrey Epstein's heinous sex-trafficking venture."

☆ USVI argues JPMorgan CEO Jamie Dimon knew about Jeffrey Epstein's crimes
▼ + stars: | 2023-03-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUSVI argues JPMorgan CEO Jamie Dimon knew about Jeffrey Epstein's crimesCNBC's Eamon Javers reports on new developments in the USVI lawsuit against JPMorgan.

☆ Jeffrey Epstein's victims demand answers about the investigation into his death, Gloria Allred wrote in a new letter to the DOJ
▼ + stars: | 2023-03-10 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +3 min

The Justice Department hasn't released its investigation into Jeffrey Epstein's death. Gloria Allred, who represents 20 Epstein victims, asked the DOJ inspector general for answers. "Many of Mr. Epstein's victims question how and why the system failed to prevent the death of Jeffrey Epstein," Allred wrote in the letter. Horowitz launched an investigation into the circumstances of Epstein's death soon after he was found dead in his jail cell. "It is unfair that the victims of Jeffrey Epstein continue to be denied the knowledge of the conditions which existed at MCC that led to Mr. Epstein's death," Allred wrote.

☆ The Justice Department investigated Jeffrey Epstein's death. Then it went silent.
▼ + stars: | 2023-03-09 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +25 min

Jeffrey Epstein's death in a federal jail was seen as a shocking Justice Department failure. But more than three years later, the office still hasn't released its report into the circumstances of Epstein's death. "We all took it by surprise," Mark Epstein told Insider. Barr tasked the Justice Department's inspector general, Michael Horowitz, and the FBI with investigating "the circumstances of Mr. Epstein's death." Mark Epstein told Insider that he spoke to his brother about once a month in the years before his death.

U.S. District Judge Jed Rakoff in Manhattan said the bank must turn over requested documents from 2015 to 2019, a period after JPMorgan had dropped Epstein as a client. The U.S. Virgin Islands has called Dimon "a likely source of relevant and unique information" about why JPMorgan kept Epstein on, and discussions on Epstein's referrals of prominent and wealthy potential clients. Lawyers for the U.S. Virgin Islands did not immediately respond to requests for comment. JPMorgan wants Staley to reimburse it for damages it might incur in the other lawsuits, and return eight years of compensation. The case is Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, U.S. District Court, Southern District of New York, No.

[1/3] Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Lawyers for the U.S. Virgin Islands did not immediately respond to requests for comment. The U.S. Virgin Islands is seeking damages from JPMorgan for missing red flags about Epstein's misconduct on Little St. James, a private island he owned there. Dimon and Staley, who later served as Barclays Plc's (BARC.L) chief executive, are not defendants in either lawsuit. The case is Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, U.S. District Court, Southern District of New York, No.

☆ Here's who's keeping top payment players like Stripe, PayPal, and Square ahead of the competition
▼ + stars: | 2023-02-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Fun fact Friday: The only letter of the alphabet that doesn't appear in a US state name is "Q." There are plenty of reasons to want to get in (money changes hands A LOT, whether it's between people, companies, or both). This list from Insider's Bianca Chan and Paige Hagy looks at the people pushing top payment companies to stay ahead of the innovation curve. Bianca and Paige spoke to more than a dozen industry insiders to identify executives who are making sure companies like PayPal, Stripe, Apple, and Visa are keeping the competition at bay. Click here to check out eight executives ensuring the top payment players stay ahead of the competition.

The banks said there were no allegations they knew about or actively did anything to further Epstein's sex trafficking, and had no legal duty to protect the women from his abuses. The plaintiffs have said numerous cash payments from the banks were used to pay Epstein's victims. Epstein killed himself at age 66 in a Manhattan jail cell in August 2019 while awaiting trial on sex trafficking charges. The cases are Jane Doe 1 v Deutsche Bank AG et al, U.S. District Court, Southern District of New York, No. 22-10018, and Jane Doe 1 v JPMorgan Chase & Co in the same court, No.

☆ JPMorgan and the US Virgin Islands are blaming each other in court for failing to stop Jeffrey Epstein's sex-trafficking scheme
▼ + stars: | 2023-02-02 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

The US Virgin Islands is suing JPMorgan for facilitating Jeffrey Epstein's sex-trafficking scheme. The finger-pointing comes in response to a lawsuit the US Virgin Islands attorney general filed against JPMorgan in December, in a Manhattan federal court. In court filings Wednesday asking a judge to dismiss the US Virgin Islands lawsuit, JPMorgan said the US territory got greedy after already reaching a settlement with Epstein's estate last year. If anything, JPMorgan claims, the Virgin Islands attorney general's office was in an even better position to stop Epstein's trafficking scheme given its powers as a law enforcement agency. In fact, JPMorgan says, the Virgin Islands government "granted Epstein and his businesses lucrative privileges and massive tax incentives."

☆ Jeffrey Epstein's estate says it's not responsible for Leon Black allegedly raping a woman at Epstein's apartment
▼ + stars: | 2023-02-02 | by ( Ashley Collman | ) www.businessinsider.com time to read: +3 min

Lawyers representing Jeffrey Epstein's estate want out of a sex assault lawsuit against Leon Black. Cheri Pierson claims Epstein set up a massage for Black, where Black raped her in 2002. Epstein's lawyers say there isn't enough evidence that Epstein was negligent. "Plaintiff does not even clearly allege that Epstein was at the townhouse when the alleged rape occurred," lawyers for Epstein's estate wrote. Pierson claims that Epstein knew Black had "sexual deviant needs," but the Epstein lawyers said that's too "vague" an assertion, and "does not establish that Epstein knew or should have known that Black was a rapist who would rape" her.

☆ People who posted Sam Bankman-Fried's bail should be named, U.S. judge rules
▼ + stars: | 2023-01-31 | by ( Jonathan Stempel | Industry Insight | Upcoming Sec Climate Disclosure Rules Bring Urgency To Esg Data Strategy Planning | ) www.reuters.com time to read: +3 min

U.S. District Judge Lewis Kaplan in Manhattan ruled in favor of several media outlets including Reuters that sought the names. The judge said that while the public had only a "weak" right to know who Bankman-Fried's guarantors were, it outweighed Bankman-Fried's arguments for confidentiality, including that the guarantors' safety could be imperiled. Kaplan disagreed, noting that long before bail was posted, the parents had faced "intense public scrutiny" over their relationship with their son, who was once worth an estimated $26 billion. They said there was less "stigma" from being associated with Bankman-Fried than from being associated with the late sex offender. Other media seeking to identify Bankman-Fried's guarantors included the Associated Press, Bloomberg, CNBC, CoinDesk, Dow Jones, the Financial Times, Insider, the New York Times and the Washington Post.

NEW YORK, Jan 12 (Reuters) - Eight major media outlets on Thursday asked the U.S. judge overseeing Sam Bankman-Fried's criminal case to make public the names of two people who helped guarantee the FTX cryptocurrency exchange founder's $250 million bond. Saying the public interest "cannot be overstated," lawyers for the outlets, including Reuters, said the public's right to know Bankman-Fried's guarantors outweighed their privacy and safety rights. Media seeking to identify Bankman-Fried's sureties also include the Associated Press, Bloomberg, CNBC, Wall Street Journal publisher Dow Jones, the Financial Times, Insider and the Washington Post. Cohen and Everdell also represented Maxwell in her criminal case. In seeking to keep the sureties' names under wraps, Bankman-Fried's lawyers said their client's parents, who co-signed the $250 million bond, had been harassed and received physical threats since FTX's early November collapse and bankruptcy.

☆ A mysterious 'Doe 183' is trying to keep Jeffrey Epstein documents under seal. Could it be Les Wexner?
▼ + stars: | 2023-01-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +12 min

"In the court's view, there's no reason to redact Doe 183 from the documents." And when Insider asked that lawyer about his work for Doe 183, a representative for Wexner responded, declining to comment. But if Doe 183 wins their fight to keep the documents redacted, their name and the context surrounding it would remain behind those blacked-out lines. While he never identified himself verbally, the transcript's cover sheet identifies him as an attorney representing Doe 183. Of those 21 documents, there are seven docket entries where Doe 183 is the sole Doe mentioned.

On Tuesday, Tate tweeted at Thunberg, referring to his “33 cars” and their “enormous emissions.”Thunberg responded on Wednesday, making a joke about Tate’s genitals. After Tate’s arrest, posts quickly went viral, speculating that the pizza boxes in the video had been an important factor in locating Tate. But Ramona Bolla, a spokesperson for DIICOT, refuted that the pizza boxes had anything to do with Tate’s arrest. On Twitter, many responded to Tate’s days-old Twitter feud with Thunberg with jokes about the interaction and Tate’s arrest. In the video, Afualo said she saw the news about Tate’s arrest.

☆ JP Morgan 'pulled the levers' of Jeffrey Epstein's sex-trafficking operation, US Virgin Islands says in new lawsuit
▼ + stars: | 2022-12-29 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

A new lawsuit alleges JP Morgan facilitated Jeffrey Epstein's sex-trafficking scheme. Earlier this year, the US Virgin islands settled a separate lawsuit, first brought in 2020, with Epstein's estate and its executors. "JP Morgan ignored numerous red flags and failed to comply with federal banking regulations until years later after JP Morgan was no longer benefiting from Epstein's business," the lawsuit says. In addition to the US Virgin Islands, an anonymous "Jane Doe" filed lawsuits against JP Morgan and Deutsche Bank in November, alleging the financial institutions benefitted from Epstein's sex-trafficking operation. That same company, Hyperion Air, is identified by the US Virgin Islands Attorney General as one of Epstein's accounts with JP Morgan.

☆ Sam Bankman-Fried will enter a plea next week in FTX case, court filings show
▼ + stars: | 2022-12-28 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +2 min

Sam Bankman-Fried is scheduled to enter a plea on January 3. Two of his top lieutenants, including Caroline Ellison, already pleaded guilty to a fraud scheme. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyFTX founder Sam Bankman-Fried is expected to enter a plea at a court hearing next week, court filings show. A docket entry on Wednesday designated it as an arraignment hearing, meaning that Bankman-Fried is now scheduled to enter his plea. On Tuesday, the criminal cases of Bankman-Fried, Ellison, and Wang were assigned to US District Judge Lewis Kaplan.

☆ Jeffrey Epstein's 'sumptuous' 18-room apartment in Paris has been sold for more than $10 million, report says
▼ + stars: | 2022-12-02 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +3 min

Jeffrey Epstein's Paris apartment sold for $10.5 million to Bulgarian businessman Georgi Tuchev. The listing didn't mention the apartment's connection to the late convicted sex offender. Epstein's Franco-Brazilian butler told news site Franceinfo it also had a purpose-built massage room that "a great many women" visited. Following the financier's death — and numerous fresh allegations from French women — French authorities opened their own investigation into Epstein on August 23, 2019. In 2021, his New York townhouse sold for about $51 million, while his Palm Beach mansion went for $18 million.

The estate of Jeffrey Epstein has agreed to pay the U.S. Virgin Islands more than $105 million to settle a lawsuit alleging that he used the territory as the base of an extensive sex trafficking operation. "We are sending a clear message that the Virgin Islands will not serve as a haven for human trafficking." The estate also agreed to pay $450,000 to repair environmental damage around Great Saint James, the other Epstein-owned island. Jeffrey Epstein's estate on Little Saint James in the U.S. Virgin Islands. Epstein bought Little Saint James, off St. Thomas, for $7.95 million in 1998, NBC News reported.

Companies U.S. Virgin Islands FollowNEW YORK, Nov 30 (Reuters) - Jeffrey Epstein's estate has reached a nine-figure settlement with the U.S. Virgin Islands to settle claims the disgraced late financier used the territory as a base for his decades-long sex-trafficking operation. George also said Epstein bought the nearby Great St. James in 2016 to keep people from monitoring him and victims from escaping there. Epstein had also been accused of sexual abuse at his homes in Manhattan, New Mexico and Palm Beach, Florida. His former associate Ghislaine Maxwell is appealing her conviction and 20-year prison sentence for enabling Epstein's abuse of girls. The government's share of Little St. James sale proceeds will go toward counseling and other services for sexual abuse victims.

☆ From the future of work to algos for home pricing, these are what the brightest young minds in real estate are working on
▼ + stars: | 2022-11-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

There's no shortage of ties between Wall Street and real estate. So it's only fitting that we'd highlight Insider's third-annual list of rising stars in real estate. The latter boils down to trying to use tech to automate and innovate a key, but sometimes costly, part of the business, something Wall Street is well versed in. There is Megan LeMense, 34, a former WeWorker who is thinking about the future of the office in her role at Raise Commercial Real Estate. BlockFi is the latest crypto firm caught up in the FTX debacle.

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