JPMorgan Chase executive Mary Callahan Erdoes sought advice for a $600 million tax issue from disgraced former financier Jeffrey Epstein in 2005, legal filings alleged.
The USVI in court filings Monday night asked the court for partial summary judgment in its favor.
In a deposition this year, Erdoes acknowledged that JPMorgan was aware of the accusations against Epstein by 2006.
JPMorgan agreed to pay $290 million to settle a lawsuit from Epstein's victims, but the USVI suit has continued.
On that, JPMorgan had this statement: "Jeffrey Epstein was in Florida where many of Madoff's victims lived.
Persons:
Mary Callahan Erdoes, Jeffrey Epstein, Epstein, Erdoes, Jes Staley, Bernie Madoff, Staley
Organizations:
JPMorgan Chase, Virgin, JPMorgan
Locations:
U.S, Manhattan, Florida