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☆ How Oliver Anthony’s ‘Rich Men North of Richmond’ became a chart-topping conservative anthem
▼ + stars: | 2023-08-17 | by ( Scottie Andrew | ) edition.cnn.com time to read: +10 min

CNN —In a matter of days, Oliver Anthony’s working-class anthem, “Rich Men North of Richmond,” has gone from viral sensation to legitimate country hit. “Rich Men North of Richmond” touches upon Anthony’s time as a factory worker in Western North Carolina, he said in the video shared before the song was posted online. Conservative media personality Jason Howerton said he has offered to pay to produce Anthony’s record and that Rich had agreed to produce it. (A representative for Rich told CNN on Wednesday that there “isn’t much to report on” about Anthony and Rich working together. Anthony's song has been compared to Aldean's for their rural perspectives and embrace by conservatives.

Persons: Oliver Anthony’s, “ Rich, ”, dethroning Luke Combs, Jason Aldean, Marjorie Taylor Greene, Matt Walsh, Anthony, he’s, “, …, ” Anthony, That’s what’s, Oliver Anthony, Richmond ”, Christopher Anthony Lunsford, Jeffrey Epstein, Epstein, RadioWV, it’s, Kari Lake, Lauren Boebert, ” It’s, Travis Tritt, John Rich of, Jason Howerton, Rich, Jason Aldean's, parlayed, “ Don’t, “ Oliver Anthony’s, Phil, Dolly Parton, Johnny Cash, Loretta Lynn, Anthony’s, Uncle Sam’s, Merle Haggard’s “, Guy Drake’s “, Cadillac ”, ain’t Organizations: CNN, North, Apple, iTunes, US Rep, YouTube, Richmond, Virgin Islands, Arizona, John Rich of Big, Rich, Conservative, Records, Facebook Locations: Richmond, ”, Virginia, Appalachia, Western North Carolina, Washington , DC, Virgin, Currituck , North Carolina, America

☆ Jeffrey Epstein Advised Sergey Brin With Tax Shelter
▼ + stars: | 2023-08-16 | by ( David Benoit | Khadeeja Safdar | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/jeffrey-epstein-advised-sergey-brin-with-tax-shelter-353cad20

Persons: Dow Jones, jeffrey, epstein, sergey, brin

☆ JPMorgan, US Virgin Islands trade accusations over Epstein
▼ + stars: | 2023-08-15 | by ( Us Appeals Judge Faults Probe Of Federal Circuit'S Pauline Newman | Andrew Goudsward | Law Firm Clifford Chance Posts Increased Revenue | ) www.reuters.com time to read: +4 min

REUTERS/Mike Acquire Licensing Rights Read moreCompanies JPMorgan Chase & Co FollowNEW YORK, Aug 15 (Reuters) - JPMorgan Chase (JPM.N) and the U.S. Virgin Islands traded new accusations this week in legal filings over their relationships with the late disgraced financier Jeffrey Epstein. The largest U.S. bank detailed how Epstein allegedly funneled hundreds of thousands of dollars in payments and loans to a former U.S. Virgin Islands governor and his wife. The territory in a separate filing cited a 2011 email from a senior JPMorgan executive about suspicious cash withdrawals by Epstein. The filing containing the U.S. Virgin Islands accusations was more than 680 pages. The U.S. Virgin Islands also failed to show that the bank committed obstruction, JPMorgan said.

Persons: JP Morgan Chase, Mike, JPMorgan Chase, Jeffrey Epstein, Epstein, John de Jongh, Cecile, John Duffy, JE, Duffy, Mary Erdoes, “, Erdoes, Jonghs, USVI, JPMorgan, Nupur Anand, Tatiana Bautzer, Lananh Nguyen, David Gregorio Our Organizations: JP, Co, JPMorgan Chase, REUTERS, JPMorgan, U.S . Virgin Islands, U.S . Virgin, Thomson Locations: New York, U.S, Manhattan

The Manhattan federal court filing detailing her connection to Epstein was filed by the government of the U.S. Virgin Islands, which is suing JPMorgan. On Tuesday, newly unsealed court filings by the bank show that Epstein was asked by former U.S. Virgin Islands Gov. A spokesman for the Virgin Islands' Attorney General's Office told CNBC that Epstein's loan to former Gov. The Virgin Islands spokesman also said that "it was the federal government and not the Virgin Islands government that granted the 'U.S. Epstein was not severed as a JPMorgan client for another two years.

Persons: Kathy Ruemmler, William B, Plowman, NBCUniversal, Jeffrey Epstein, Kathryn Ruemmler, Ruemmler, Goldman Sachs, —, Epstein, JPMorgan, Barack Obama, Leslie Groff, Mary Erdoes, Stacey Friedman, litigator, Latham, Watkins, Nicholas Ribis, Donald Trump, Ribis, Virgin, Jes Staley, John de Jongh Jr, Jongh, de, Cecile, General's, de Jongh, John de Jongh, Erdoes, Bear Stearns, Staley Organizations: White, Washington , D.C, Obama White, JPMorgan Chase, JPMorgan, CNBC, U.S ., Virgin, U.S . Virgin Islands Gov, Southern Trust Company, Virgin Islands, Customs, Border, Gov, Virgin Islands Department of Justice, U.S . Customs Locations: Washington ,, Manhattan, Florida, U.S, U.S . Virgin, Latham, Virgin

REUTERS/David Dee Delgado/File PhotoNEW YORK, Aug 14 (Reuters) - Sam Bankman-Fried will prepare for his fraud trial from a Brooklyn jail where inmates ranging from convicted sex trafficker Ghislaine Maxwell to Honduras' former president have complained of subpar conditions. In recent years, MDC has been plagued by persistent staffing shortages, power outages and maggots in inmates' food. Earlier this year, a guard pleaded guilty to accepting bribes to smuggle in drugs. It is now the jail housing detainees awaiting federal trials in New York City, after the Manhattan Correctional Center closed in 2021 for improvements. Reporting by Luc Cohen in New York; Editing by Noeleen Walder and Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Bankman, David Dee Delgado, Fried, Ghislaine Maxwell, District Judge Lewis Kaplan, Maxwell, Jeffrey Epstein, Hannibal Lecter's, Epstein, Kaplan, Juan Orlando Hernandez, Guo Wengui, Hernandez, Luc Cohen, Noeleen Walder, Daniel Wallis Organizations: FTX, REUTERS, District, Detention, MDC, The U.S . Bureau of Prisons, Manhattan Correctional Center, MCC, Fox, U.S . State Department, Thomson Locations: Manhattan, New York City, U.S, Brooklyn, Honduras, Palo Alto , California, Brooklyn's, United States, Florida, The, Putnam County, Bahamas, Chinese, New York

Jamie Dimon, chairman of the board and chief executive of JPMorgan Chase & Co., speaks during the event Chase for Business The Experience - Miami hosted by JP Morgan Chase Bank for small business owners at The Wharf in Miami, Florida, U.S., February 8, 2023. REUTERS/Marco Bello/File PhotoNEW YORK, Aug 9 (Reuters) - A federal judge has dismissed a shareholder lawsuit accusing JPMorgan Chase (JPM.N) Chief Executive Jamie Dimon and his board of directors of ignoring red flags surrounding disgraced former client Jeffrey Epstein. The so-called derivative lawsuit sought to have the defendants or their insurers pay damages to JPMorgan, for the benefit of shareholders. Rakoff is also overseeing two Epstein-related lawsuits against JPMorgan by the U.S. Virgin Islands, where the financier owned two neighboring islands, and by Epstein victims. Staley was also Barclays' (BARC.L) chief executive from 2015 to 2021.

Persons: Jamie Dimon, JP, Marco Bello, JPMorgan Chase, Jeffrey Epstein, Jed Rakoff, Rakoff, Epstein, Dimon, Jes Staley, Staley, Jonathan Stempel, Leslie Adler Organizations: JPMorgan Chase &, Chase, Business The, Miami, JP Morgan Chase Bank, REUTERS, JPMorgan, Rakoff, U.S ., Barclays, Miami General Employees & Sanitation Employees, Court, Southern District of, Thomson Locations: Miami , Florida, U.S, Miami, Pittsburgh, Manhattan, U.S . Virgin Islands, U.S . Virgin, Southern District, Southern District of New York, New York

☆ Epstein Victim May Pursue Claims Against Two Wall St. Executives
▼ + stars: | 2023-08-10 | by ( Matthew Goldstein | More About Matthew Goldstein | ) www.nytimes.com time to read: +1 min

At least one longtime sexual abuse victim of Jeffrey Epstein who received a monetary settlement from his estate can also pursue separate claims against two powerful former Wall Street executives who had ties to the convicted sex offender, according to two people briefed on the matter. The exceptions made for Mr. Black and Mr. Staley show how the two men continue to be dogged by their social and business dealings with Mr. Epstein four years after he killed himself in a federal jail while awaiting trial on sex trafficking charges. The arrangement could set a precedent for other victims of Mr. Epstein, potentially exposing Mr. Black and Mr. Staley to further scrutiny and liability. “She was a victim, potentially, to these individuals,” Mr. Kahn said in the deposition, according to one of the people. Mr. Kahn said that Mr. Epstein’s estate agreed to the carve-out provision so that the unnamed woman could potentially sue for “harms that she incurred.”

Persons: Jeffrey Epstein, Richard Kahn, Leon Black, James E, Staley, Black, Epstein, ” Mr, Kahn, Epstein’s, ” Organizations: Wall Street, JPMorgan Chase, Barclays, Mr

☆ Victoria’s Secret recruits Naomi Campbell, Adriana Lima and Gisele Bündchen for a new campaign
▼ + stars: | 2023-08-09 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +3 min

CNN —Victoria’s Secret is reuniting some of the most classic supermodels from its heyday, bringing Gisele Bündchen, Naomi Campbell, Adriana Lima and Candice Swanepoel together in a new campaign. Bündchen, Lima and Swanepoel were part of the long-running “Angels” brand, which the company retired in 2021 as part of its rebrand. (All three worked as “Angels” for years in campaigns and in the brand’s famed Victoria’s Secret Fashion Show — and all wore the show’s signature “Fantasy Bra” on occasions.) It later launched campaigns featuring ambassadors called the VS Collective, including celebrity reps including soccer star Megan Rapinoe and actor Priyanka Chopra Jonas. The campaign images, a mix of classic black-and-white and color portraits, were taken by Swedish fashion photographer Mikael Jansson.

Persons: Gisele Bündchen, Naomi Campbell, Adriana Lima, Candice Swanepoel, Megan Rapinoe, Priyanka Chopra Jonas, Hailey Bieber, Paloma Elsesser, Sui, Emily Ratajkowski, Mikael Jansson, Adut Akech, “, Ed Razek, ”, Stuart Burgdoerfer, We’re, Amy Hauk, Jeffrey Epstein Organizations: CNN, Brands Locations: Lima, Swanepoel

☆ Leon Black agrees to pay $62.5 million to avoid Jeffrey Epstein-related lawsuits in the US Virgin Islands
▼ + stars: | 2023-08-04 | by ( Samantha Delouya | ) edition.cnn.com time to read: +3 min

CNN —Billionaire investor Leon Black struck a multi-million dollar settlement with the government of the US Virgin Islands to avoid any legal claims tied to a Jeffrey Epstein sex-trafficking investigation. According to a settlement document obtained by CNN, Black agreed in January to pay the Virgin Islands government $62.5 million in cash. In exchange, the Virgin Islands released Black from any current and future legal claims related to Jeffrey Epstein. There is no suggestion in the USVI settlement that Mr. Black was aware of or participated in any misconduct.”Black has faced a number of accusations and lawsuits over his ties to Jeffrey Epstein. Last month, the Virgin Islands government said it is seeking $190 million in penalties and disgorgement from JPMorgan Chase, alleging that the bank benefited financially from Epstein’s sex trafficking operation.

Persons: Leon Black, Jeffrey Epstein, Black, ” Whit Clay, ” Black, Epstein, Epstein —, —, ”, Clay, “, JPM Organizations: CNN — Billionaire, CNN, Virgin, Virgin Islands, New York Times, ”, Apollo Global Management, Apollo, ” Forbes, Finance, US, US Virgin Islands, JPMorgan Chase, JPMorgan Locations: U.S, US Virgin

☆ Dimon says Jeffrey Epstein lawsuits have impacted JPMorgan brand, and he is sorry for having him as a client
▼ + stars: | 2023-08-02 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday that lawsuits against the giant bank related to its former client, the sex offender Jeffrey Epstein, have impacted its brand equity "a little bit." I wish we hadn't," Dimon told CNBC's Leslie Picker. The Virgin Islands accuses JPMorgan of retaining Epstein as a client despite multiple red flags being raised internally about him over the years. "We would never have continued to do business with him if we believed he was engaged in an ongoing sex trafficking operation," Wexler said. Epstein, 66, killed himself in a Manhattan federal jail in August 2019, a month after he was arrested on child sex trafficking charges.

Persons: Jamie Dimon, Jeffrey Epstein, Dimon, CNBC's Leslie Picker, Epstein, Virgin, Patricia Wexler, Wexler Organizations: JPMorgan, CNBC, New, U.S ., Virgin Islands Locations: New York, U.S, U.S . Virgin, Florida, Manhattan

☆ CNBC Daily Open: Oil joined the July stocks rally
▼ + stars: | 2023-08-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Hong Kong's Hang Seng Index was near flat as advance estimates showed the city's second-quarter gross domestic product contracting 1.3% quarter on quarter. Pre-tax profit of the largest bank in U.K. jumped 89% year-on-year to $8.77 billion, while revenue surged 38% to $16.71 billion. [PRO] Benefiting from bankruptciesCorporate insolvencies in the U.K. have been rising in recent months.

Persons: Hong, Australia's, Feroze Azeez, Anand, HSBC's, JPMorgan Chase JPMorgan Chase, Jeffrey Epstein, Virgin Organizations: CNBC, India Investors, HSBC, JPMorgan Chase JPMorgan, U.S . Virgin Islands, JPMorgan Locations: Asia, Pacific, India

☆ CNBC Daily Open: July was great for stocks — and oil
▼ + stars: | 2023-08-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Europe's regional Stoxx 600 index eked out a 0.12% increase on the back of a dip in inflation and higher-than-expected economic growth in the euro zone. Upbeat euro zone figuresThe euro zone reported positive economic data Monday. CNBC Pro's Bob Pisani explains what drove the S&P to such heights, and where the index is going for the final five months of the year.

Persons: JPMorgan Chase JPMorgan Chase, Jeffrey Epstein, Virgin, Bob Pisani Organizations: CNBC, Federal, JPMorgan Chase JPMorgan, U.S . Virgin Islands, JPMorgan Locations: U.S

☆ JPMorgan handled more than $1 million in payments from Jeffrey Epstein after bank terminated him as client: US Virgin Islands
▼ + stars: | 2023-07-31 | by ( Dan Mangan | ) www.cnbc.com time to read: 1 min

A mugshot of Jeffrey Epstein released by the U.S. Justice Department. JPMorgan Chase handled more than $1.1 million in payments from Jeffrey Epstein to "girls or women" after the giant bank terminated the sex offender as a client, a lawyer for the U.S. Virgin Islands told a judge Monday. The lawyer revealed that figure in a letter accusing JPMorgan of failing to disclose the payments until after the end of a period of time set aside for the exchange of evidence between the bank and the Virgin Islands as part of an ongoing federal lawsuit. The government of the Virgin Islands accuses JPMorgan in that New York federal court lawsuit of facilitating sex trafficking by Epstein for years until it supposedly severed ties with him in 2013. Please check back for updates.

Persons: Jeffrey Epstein, JPMorgan Chase, Virgin, Epstein Organizations: U.S . Justice Department, JPMorgan, U.S . Virgin Islands, Virgin Islands Locations: New York

☆ Fact Check-Obama’s chef did not die on the anniversary of Epstein’s death
▼ + stars: | 2023-07-27 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

The body of Tafari Campbell, the personal chef to former U.S. President Barack Obama, was not recovered on the anniversary of Jeffrey Epstein’s death, contrary to rumors circulating online a few days after Campbell died. Reuters reported that Campbell’s body was found in the upscale Massachusetts town of Martha's Vineyard on July 24. Within a couple of days, posts on social media shared a conspiracy that Campbell died the same day as Jeffrey Epstein (here), (here), (here). The body of the Obamas’ personal chef, Tafari Campbell, was not recovered on Jeffrey Epstein’s death anniversary. This article was produced by the Reuters Fact Check team.

Persons: Tafari Campbell, Barack Obama, Jeffrey Epstein’s, Campbell, Jeffrey Epstein, Epstein, Read Organizations: Reuters, Authorities Locations: Massachusetts, Martha's, New York

☆ Billionaire investor Leon Black is accused of raping teen in Jeffrey Epstein’s NY townhouse
▼ + stars: | 2023-07-27 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —A woman is suing the billionaire investor Leon Black, accusing him of raping her at Jeffrey Epstein’s Manhattan townhouse when she was 16 years old. The lawsuit describes in gruesome detail the woman’s account of a sexual assault that left her bleeding and sobbing. A spokesman for Black, Whit Clay, echoed Estrich’s denial, saying the law firm “has an agenda” and that its credibility has been impugned by the dismissal of the previous suit. An internal Apollo investigation that documented his $158 million payment to Epstein found no wrongdoing. The latest suit is the third to publicly accuse Black of rape.

Persons: New York CNN —, Leon Black, Jeffrey, Jane Doe, ”, Black, Susan Estrich, ” Estrich, Whit Clay, “, Jeanne M, Christensen, ” Black, Epstein, Cheri Pierson, ” Epstein, Jeffrey Epstein, Ghislaine Maxwell, Sen, Ron Wyden, ” Black’s, Doe, — CNN’s Elisabeth Buchwald, Ramishah Maruf Organizations: New, New York CNN, Apollo Global Management, New York Times, Street, CNN, Finance Locations: New York, Manhattan, New York City

The figures underscore broader trends in global banking, with investment banks struggling as deals are paused, while higher interest rates are a boon to other divisions. Analysts expect the retail unit will also overtake the investment bank as the main revenue driver for the full year, overturning the investment bank's pole position over the previous three years. Investment banking revenue dropped 11% during the quarter, better than an expected 16% drop. Deutsche Bank set out in 2019 to reduce dependence on its volatile investment bank and rely instead on more stable businesses that serve companies and retail customers as a way to restore profitability. Chief Financial Officer James von Moltke said the shift to the retail bank as the largest breadwinner was "significant" because the perception of the lender had been dominated over years by the investment bank, and Deutsche was becoming more balanced.

Persons: James von Moltke, Deutsche, Jeffrey Epstein, Tom Sims, Matthias Inverardi, Friederike Heine, Jamie Freed Organizations: Deutsche Bank, Reuters Graphics, Reuters, Deutsche, Reuters Graphics Deutsche, U.S . Federal Reserve, U.S, Thomson Locations: FRANKFURT

☆ US Senate panel probes billionaire Leon Black's financial ties to Jeffrey Epstein
▼ + stars: | 2023-07-25 | by ( Kanishka Singh | Thomson Reuters | Kanishka Singh Is A Breaking News Reporter For Reuters In Washington Dc | ) www.reuters.com time to read: +2 min

WASHINGTON, July 25 (Reuters) - The U.S. Senate's Finance Committee on Tuesday revealed an ongoing probe into private equity billionaire Leon Black's financial ties with disgraced late financier Jeffrey Epstein, and said the investigation "uncovered serious tax issues." The Senate panel said that a reported $158 million of payments in several installments from 2012 to 2017 by Black to Epstein for financial advice seemed "inexplicably large," given that Epstein was "neither a licensed tax attorney nor a certified public accountant." A spokesperson for Black said the billionaire had "cooperated extensively" with the panel's probe and provided detailed information. Black had previously acknowledged he paid Epstein for "legitimate financial advisory services." Last week, the New York Times reported that Black paid $62.5 million to the U.S. Virgin Islands to avoid any legal claims tied to an Epstein sex-trafficking investigation.

Persons: Leon, Jeffrey Epstein, Black, Epstein, Donald Trump, Bill Clinton, Kanishka Singh, Jonathan Oatis Organizations: Senate's Finance, New York Times, U.S . Virgin, Forbes, Apollo Global Management, Thomson Locations: U.S, Washington

☆ Senate panel probes billionaire Leon Black's $158 million in payments to Jeffrey Epstein
▼ + stars: | 2023-07-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

A Senate panel on Tuesday revealed a yearlong investigation into Apollo Global Management co-founder Leon Black's ties to the late disgraced financier Jeffrey Epstein, with a focus on $158 million Black allegedly paid Epstein for tax and estate planning services. The probe into Black's tax schemes is one of a series of investigations by the committee into how ultra-wealthy people skirt their tax bills, Wyden's letter said. The committee's latest round of questions are "inappropriately invasive" and potentially overstep the panel's oversight role, Black's memo contended. Overnight, the U.S. Virgin Islands lobbed new accusations against JPMorgan Chase in a lawsuit accusing the bank of enabling Epstein's criminal activity. Both the Virgin Islands and JPMorgan filed motions overnight for partial summary judgment in the lawsuit.

Persons: Leon Black, Leon Black's, Jeffrey Epstein, Epstein, Ron Wyden, Black, Wyden, Wealth Management David Brigstocke Organizations: Apollo Global Management, Milken Institute Global Conference, U.S . Virgin, JPMorgan Chase, JPMorgan, Asset, Wealth Management, Virgin Islands Locations: Beverly Hills , California, U.S, Slovakian

☆ Senate Committee Presses Leon Black on Epstein Tax Advice
▼ + stars: | 2023-07-25 | by ( Matthew Goldstein | More About Matthew Goldstein | ) www.nytimes.com time to read: +1 min

A Senate committee is investigating whether $158 million that the billionaire investor Leon Black paid the disgraced financier Jeffrey Epstein for tax and estate planning services should have been classified as a gift, as part of a broader inquiry into tax-avoidance schemes by ultrawealthy individuals, according to a letter reviewed by The New York Times. In addition to the fees that Mr. Black said he had paid Mr. Epstein, the Senate Finance Committee is looking into several trusts that Mr. Black used to save on taxes and advice that Mr. Epstein gave on art purchases, according to the letter, which the committee’s chairman, Senator Ron Wyden, sent to the private equity mogul on Monday. Mr. Wyden, Democrat of Oregon, wrote that the committee was dissatisfied with the information that Mr. Black, a co-founder of Apollo Global Management, had provided it to date and requested his cooperation. “A significant number of open questions remain regarding the tax-avoidance scheme you implemented with Epstein’s assistance, including whether the exorbitant amounts paid to Epstein should have been classified as a gift for federal tax purposes,” the senator wrote. Gifts exceeding an annual threshold in value are subject to federal taxes ranging from 18 to 40 percent.

Persons: Leon Black, Jeffrey Epstein, Black, Epstein, Ron Wyden, Wyden Organizations: The New York Times, Senate Finance, Mr, Democrat, Apollo Global Management Locations: Oregon

☆ Billionaire Leon Black made a $158 million payment to Jeffrey Epstein. Senators want to know why
▼ + stars: | 2023-07-25 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

New York CNN —The Senate Finance Committee is looking into whether billionaire investor Leon Black’s $158 million payment to disgraced financier Jeffrey Epstein was part of a greater strategy to avoid paying over $1 billion in federal gift and estate taxes. “The payments were inexplicably large; well in excess of what Black paid any other financial advisors and far higher than the median compensation of Fortune 500 CEOs at the time,” Wyden said in a statement released Tuesday. “At every stage of the committee’s investigation, Black has refused to answer questions or provide any documents that could demonstrate how Epstein’s compensation for tax and estate planning services was determined or justified,” Wyden said in the statement. Black has cooperated extensively with the Committee, providing detailed information about the matters under review,” Whit Clay, a spokesman for Black, said in a statement to CNN. An internal Apollo investigation that documented his $158 million payment to Epstein following the New York Times’ reporting, however, found no wrongdoing.

Persons: Leon Black’s, Jeffrey Epstein, Epstein, Ron Wyden, Wyden, Dechert, ” Wyden, “, Black, Mr, Whit Clay, ” Epstein, Dechert didn’t, Joanna Rose, ” Organizations: New, New York CNN, Finance, Apollo Global Management, Oregon Democrat, Dechert LLP, Apollo, Fortune, CNN, New York Times Locations: New York

☆ Jeffrey Epstein withdrew up to $80,000 in cash 'several times a month' while he paid girls for 'massages,' court filings say
▼ + stars: | 2023-07-25 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +9 min

At the time, there were reports that he paid cash to girls for "massages" — a code word for sex. When asked about the large withdrawals, Epstein said he needed to pay for jet fuel. JPMorgan's private bank has a policy to "discourage" large cash deposits and spending. Bankers, according to an excerpt of the guidelines filed in court Tuesday morning, are responsible for getting clients to explain their large cash withdrawals. "Issue is he really never stopped the large cash withdrawals," a compliance officer wrote then.

Persons: Jeffrey Epstein, Epstein, Morgan, Jeffrey Epstein's, James, Emily Michot, Ghislaine Maxwell, sexualized massages, Glenn Dubin, Sergey Brin, Bill Gates, Leon Black, Larry Summers, Prince Andrew, Ehud Barak, Thomas Pritzker, Benjamin Netanyahu, JPMorgan, Alexander Acosta, Mr, John Duffy, Mary Erdoes, Erdoes, Duffy Organizations: JPMorgan, Morning, JPMorgan Chase, Private Bank, Banker, Islands, US Virgin Islands, U.S ., Miami Herald, Tribune, Service, Getty, Virgin Islands, police, US, Office, Southern, of Locations: Little St, U.S, U.S . Virgin Islands, Palm Beach, Sultan, Dubai, Prince, Florida, of New York

☆ JPMorgan executive joked about the 'nymphettes' Jeffrey Epstein kept in his house: court docs
▼ + stars: | 2023-07-25 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

A JPMorgan Chase executive once joked about the "nymphettes" Jeffrey Epstein kept in his house. Epstein was charged in 2019 fo trafficking underage girls for sex, but died in prison soon after. A JPMorgan Chase executive once joked about the "nymphettes" that Jeffrey Epstein kept in his house, according to a new filing in an ongoing lawsuit against the bank. "Reminded me of JE's house, except it was more tasteful, and fewer nymphettes," the executive wrote, according to the new filing. He was awaiting trial on sex trafficking charges.

Persons: Jeffrey Epstein, Epstein, Jeffrey Epstein's, Frick, Miley Cyrus, JPMorgan Chase Organizations: JPMorgan Chase, US, US Virgin Islands, Morning, JPMorgan, Metropolitan Correctional Center Locations: US Virgin, Manhattan

JPMorgan countered that the U.S. Virgin Islands was also to blame for allowing Epstein's sexual abuse of young women and teenage girls, saying the territory used its powers to enable these crimes. The U.S. Virgin Islands is suing JPMorgan for at least $190 million, saying the bank ignored red flags about Epstein because he was a wealthy and lucrative client from 1998 to 2013. Ahead of a scheduled Oct. 23 trial, the U.S. Virgin Islands wants a judge to declare that JPMorgan participated in Epstein's sex trafficking and obstructed law enforcement. The U.S. Virgin Islands has already received more than $105 million from Epstein's estate, and reached a settlement with billionaire Leon Black, a former Epstein friend. The case is U.S. Virgin Islands v. JPMorgan Chase Bank NA, U.S. District Court, Southern District of New York, No.

Persons: Jeffrey Epstein, Epstein, Ghislaine Maxwell, Mary Erdoes, Frick, Erdoes, Leon Black, JPMorgan, Jonathan Stempel, Stephen Coates Organizations: YORK, U.S . Virgin Islands, JPMorgan Chase, JPMorgan, U.S . Virgin, U.S ., New, Virgin, JPMorgan Chase Bank NA, U.S, Court, Southern District of, Thomson Locations: U.S, Manhattan, U.S . Virgin, New York, Southern District, Southern District of New York, Bengaluru

☆ Lawsuit accuses billionaire Leon Black of raping autistic teenager at Jeffrey Epstein's townhouse
▼ + stars: | 2023-07-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

Leon Black, Chairman, CEO and Director, Apollo Global Management, LLC, speaks at the Milken Institute's 21st Global Conference in Beverly Hills, California, May 1, 2018. A federal lawsuit filed Tuesday accused Leon Black, the billionaire co-founder of Apollo Global Management, of raping a then-16-year-old girl with autism in 2002 at the Manhattan townhouse of disgraced financier Jeffrey Epstein. "Wigdor's prior case against Mr. Black was recently thrown out by the Court and this one will be too. "This sham proceeding will be promptly dismissed and will provide further ammunition for Mr. Black's pending sanctions motion against the Wigdor firm," the lawyer said. The bid for sanctions also references Guzel Ganieva, who was represented by Wigdor in a 2021 lawsuit accusing Black of sexual assault and defamation was dismissed in May.

Persons: Leon Black, Jeffrey Epstein, Epstein, Ghislaine Maxwell, Wigdor, Black, Jane Doe, Jeanne Christensen, Jane Doe's, " Christensen, Susan Estrich, Estrich, Black's, Cheri Pierson, Pierson, Guzel Ganieva, Ganieva Organizations: Apollo Global Management, Milken, Global Conference, Black, New York Times, U.S . Virgin, Senate Finance, New York Supreme, Wigdor Locations: Beverly Hills , California, Manhattan, U.S, New York, Epstein's Manhattan

NEW YORK, July 25 (Reuters) - The billionaire investor Leon Black was sued on Tuesday by an autistic woman who says he raped her in the disgraced financier Jeffrey Epstein's mansion in Manhattan in 2002, when she was 16. Black co-founded private equity firm Apollo Global Management (APO.N), which he left in 2021. Black has denied other sexual abuse accusations, including in a dismissed lawsuit by former Russian model Guzel Ganieva, and a lawsuit by Cheri Pierson who also claimed he raped her in Epstein's home two decades ago. The billionaire has also reached a $62.5 million settlement with the U.S. Virgin Islands, where Epstein had a home, to avoid a possible lawsuit. The case is Doe v Black, U.S. District Court, Southern District of New York, No.

Persons: Leon Black, Jeffrey Epstein's, Jane Doe, Black, Epstein, Ghislaine Maxwell, Susan Estrich, Estrich, Doe, massages, Jeanne Christensen, Cheri Pierson, Jonathan Stempel, Kanishka Singh, Daniel Wallis Organizations: YORK, Apollo Global Management, Forbes, U.S ., Court, Southern District of, Washington , D.C, Thomson Locations: Manhattan, New York City, Russian, U.S . Virgin Islands, U.S, Southern District, Southern District of New York, New York, Washington ,

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