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- Lawsuit Bombshell: Sex Trafficker Jeffrey Epstein Was “a Business Partner” with Members of JPMorgan’s Board of Directors
Lawsuit Bombshell: Sex Trafficker Jeffrey Epstein Was “a Business Partner” with Members of JPMorgan’s Board of Directors
by Pam Martens and Russ Martens Wall Street on Parade
For months now, the largest federally-insured bank in the United States, JPMorgan Chase, represented by WilmerHale, a law firm with more than 1,000 attorneys, has been attempting to bamboozle the American people with the narrative that it engaged in no wrongdoing when it provided millions of dollars in cold, hard cash to child sex-trafficker Jeffrey Epstein for more than a decade – without following the legal mandate of reporting this suspicious account activity to law enforcement. Internal emails produced in discovery in two lawsuits against the bank in federal court in Manhattan show that the bank was well aware that Epstein was a known sexual predator of children as it doled out all of this cash – at times reaching $40,000 to $80,000 per month.
The legal narrative that the WilmerHale attorneys crafted for the public and the media is this: a sole former employee of the bank – Jes Staley – is responsible for all of the bank’s wrongdoing involving Epstein, never mind that the bank was all too willing to take the lucrative business deals and clients that came its way from Epstein via Staley, as also documented in internal emails. To get headlines promoting this narrative, the bank has made a big deal of suing Staley on the premise that it wants to recover its legal costs by clawing back his compensation.