Google co-founder and head of Hyatt Hotels among billionaires issued subpoenas in lawsuit over JPMorgan’s ties to Jeffrey Epstein
- Four of the richest men in the US have received subpoenas over JPMorgan’s ties to pedophile financier Jeffrey Epstein.
- They include Google co-founder Sergey Brin, Hyatt Hotels CEO Thomas Pritzker and former Disney CEO Michael Ovitz.
- The case centers around the relationship of JPMorgan Chase and Co. Finance with Epstein for 15 years
Google co-founder Sergey Brin is among three billionaires issued subpoenas this week in connection with JPMorgan’s ties to pedophile financier Jeffrey Epstein.
The US Virgin Islands investigation relates to allegations that JPMorgan Chase & Co. turned a blind eye to Epstein’s sex trafficking.
Hyatt Group CEO Thomas Pritzker and real estate investor Mort Zuckerman also received subpoenas.
Former Disney CEO turned venture capitalist Michael Ovitz was also asked to provide information.
It is not clear why the men – some of the wealthiest people in the US – were targeted by investigators.
Google co-founder Sergey Brin is among three billionaires issued subpoenas this week regarding JPMorgan’s ties to pedophile financier Jeffrey Epstein.
A subpoena has also been issued for Thomas Pritzker, who is CEO of Hyatt Hotels
Real estate expert Mort Zuckerman, left, and former Disney chief turned venture capitalist Michael Ovitz, right, have also been ordered to release information. It is not known why the four men were targeted
Attorneys in civil cases use subpoenas to obtain information from those who are not a party to the lawsuit but who may have relevant evidence.
The warrants issued to the men seek any communications and documents relating to Epstein and JPMorgan, The Wall Street Journal reports.
Brin — who co-founded Google with Lary Page in 1998 — is known to be the wealthiest of the targets, with an estimated net worth of $85.6 billion according to Forbes.
He makes him the twelfth richest man in the world.
Pritzker and Zuckerman are worth $5.3 billion and $2.3 billion, respectively.
The US Virgin Islands launched a lawsuit against JP Morgan in federal court in Manhattan last year amid accusations that it allowed the late financier to remain a client.
It also faces a second lawsuit from one of Epstein’s victims over its decision to keep him as a client until 2013 – five years after he was first convicted in Florida of soliciting prostitution of minors.
Attorneys allege that he helped him send money to his victims and that the bank obtained high-value business opportunities from Epstein.
As part of the investigation, JPMorgan Chairman and CEO Jamie Dimon is expected to be fired.
But the bank says it was unaware of Epstein’s crimes and cannot be held responsible. And she severed ties with the convicted sex offender in 2013.
JPMorgan sought to dismiss the lawsuits and sued former investment bank chief Jess Staley, who enjoyed an intimate relationship with Epstein.
The bank alleges that it was he who was responsible for the legal fallout related to Epstein and was responsible for their 15-year financial relationship.
Epstein died in prison in 2019 while awaiting trial on his federal sex trafficking charges. His imprisonment shed light on his relationships with a series of high-profile figures including – most famously – socialite Ghislaine Maxwell and Prince Andrew.
JPMorgan now insists that former investment banking chief Staley was responsible for the financial firm’s 15-year relationship with Epstein.
JPMorgan sought to dismiss the lawsuits. Chairman and CEO Jamie Dimon is expected to be fired as part of the investigation
Staley is accused of exchanging sexually suggestive emails with Epstein, some of which included pictures of young women.
He also reportedly exchanged more than 1,000 emails from his work email account between 2008 and 2012, corresponded with Epstein after his imprisonment and repeatedly visited his residence on the Virgin Island.
The letters are referenced in recently disclosed passages from a federal lawsuit.
He later became CEO of Barclays before stepping down in 2021 pending investigations.
Staley has not been criminally charged with any Epstein-related activities.
Epstein died in prison in 2019 while awaiting trial on his federal sex trafficking charges.
His imprisonment brought to light his relationships with a series of high-profile figures including – most famously – socialite Ghislaine Maxwell and Prince Andrew.
WhatsNew2Day.com has reached out to Brin, Zuckerman and Pritzker for comment.