A lawsuit in the U.S. Virgin Islands claims that JP Morgan aided a sex trafficker

JPMorgan Chase and the Epstein sex-trafficking ring: A federal court ruling against the case of a former US Virgin Islands attorney general

According to the lawsuit, the government could have been aware of the alleged sex-trafficking rings through private islands owned by Epstein. In particular, the government argues that JPMorgan Chase should have given Epstein closer scrutiny as a client after he entered a guilty plea to soliciting prostitution with a minor in Florida in 2008.

The women accuse JPMorgan of having “provided special treatment to the sex-trafficking venture, thereby ensuring its continued operation and sexual abuse and sex-trafficking of young women and girls.”

Tuesday’s legal action comes just weeks after the U.S.V.I. announced a $105 million settlement with Epstein’s estate, meant in part to claw back “more than $80 million in economic development tax benefits that Epstein and his co-defendants fraudulently obtained to fuel his criminal enterprise,” the attorney general’s office said in a Dec. 1 statement.

When he died, Epstein was awaiting trial on federal charges accusing him of operating a sex trafficking ring from 2002 to 2005 at his Manhattan mansion and his Palm Beach estate, and allegedly paying girls as young as 14 for sex.

It said the bank ignored evidence for more than a decade because of Epstein’s own financial footprint and because of the deals he brought and promised to bring to the bank.

The territory is required to receive half of the proceeds from the sale of Little St. James island, where many of the crimes of the man were committed.

The US Virgin Islands lawyers said that the communications show a close personal relationship between the two men and suggest they may have been involved in sex-trafficking.

The US Virgin Islands government claims that Staley sent emails from a location on Epstein’s island when he was in prison.

“So when all hell breaks l[o]ose, and the world is crumbling, I will come here, and be at peace,” Staley allegedly said in the email. I have a glass of wine in the hot tub. There is an amazing place here. This is truly amazing. Next time, we are here together. I owe you much. And I deeply appreciate our friendship. I have few so profound.”

In July 2010, the filing alleges that Staley sent an email to Epstein, saying, “Say hi to Snow White.” Epstein responded: “[W]hat character would you like next?” When Staley said “Beauty and the Beast,” Epstein replied: “Well one side is available.” The lawyers said Disney princesses were code words for young women.

JPMorgan Chase did not flag any of the emails between Epstein and Staley in connection with risk reviews, according to the lawsuit: “Moreover, JP Morgan Chase allowed Staley to remain a decision-maker on Epstein’s accounts. JP Morgan Chase asked Staley to discuss the human trafficking allegations.

Two of the suits — one against JP Morgan Chase and the other against Deutsche Bank — were brought by at least one of those girls, an anonymous plaintiff who filed on behalf of “all others similarly situated.”

A comment on the sex-trafficking case against Jamie Dimon J in the U.S. Attorney General Ericsson LLP

The suits can continue to look at other legal questions, because Raskoff denied other claims in the motions to dismiss.

He’d previously served 13 months in jail after pleading guilty in 2008 to Florida state charges of procuring an underage prostitute. The case had been well-documented by local and national media.

According to CNBC, it is stated that Jamie DimonJ knew that his billionaire client was a sex trafficker. “Staley knew, Dimon knew, JPMorgan Chase knew.”