JPMorgan executives were so aware of Jeffrey Epstein’s abuse that they mocked his outing with 16-year-old Miley Cyrus, court documents show.
A surprising lawsuit states that senior managers at the bank “joked about (Epstein’s) interest in young girls” including Cyrus in 2008 when she was still starring in the Disney TV series Hannah Montana.
Employees of JP Morgan have been accused of shedding light on pedophile activities in a case brought against them by the US Virgin Islands government.
The lawsuit also alleges that at least 20 victims received money through Epstein’s accounts with JP Morgan in excess of $1 million.
The documents allege that a woman who was “bought” by Epstein when she was 14 was paid $600,000.
JPMorgan executives were so aware of Jeffrey Epstein’s abuse that they mocked his outing with 16-year-old Miley Cyrus, court documents show.
Surprising lawsuit states senior managers at the bank ‘joked about Epstein’s interest in young girls including Cyrus’ in 2008
The jokes about Cyrus were made when she was still young and still starring in the Disney Channel TV series Hannah Montana.
The USVI government sued JPMorgan and Deutsche Bank in December accusing the banks of turning a blind eye to Epstein’s sex trafficking of underage girls despite countless red flags.
Both banks deny any wrongdoing.
The amended complaint from the USVI, where Epstein had a private island, says JP Morgan “obstructed” investigations into Epstein and his relationship with the bank.
The executives emailed internally about the abuse he suffered during their relationship with him, which lasted from 1998 to 2013, including after he spent 15 months soliciting an underage girl for sex in 2008.
Among them was Marie Erdos – CEO of JPMorgan’s Asset and Wealth Division.
The document states: ‘Internal emails questioned the identity of Epstein’s clients.
In fact, Epstein’s behavior was so widely known at JPMorgan that senior executives joked about Epstein’s interest in young girls.
In 2008, for example, Marie Erdos received an email asking if Epstein was at an event “with Miley Cyrus.”
The USVI alleges that JP Morgan did not follow suspicious transaction reporting requirements because if it had done so, it would have “prevented Epstein’s clandestine cash transactions that were essential to the sex trafficking operation from escaping the knowledge of federal investigative and prosecutorial agencies.”
The USVI government sued JPMorgan and Deutsche Bank in December accusing the banks of turning a blind eye to Epstein’s sex trafficking of underage girls despite countless red flags.
Executives at both JP Morgan and Deutsche have denied any wrongdoing
The amended complaint from the USVI, where Epstein (left) had a private island, says JP Morgan “obstructed” investigations into Epstein and his relationship with the bank
The executives, including JPMorgan’s Chief Assets & Wealth Division chief Mary Erdos, have emailed internally about Epstein’s mistreatment and their relationship with him.
Epstein’s victim who was reportedly bought at the $14 price was paid more than $600,000, while a “conscript” who was granted immunity through Epstein’s 2008 love-plea deal also got good money.
Almost all of the money was paid out after Epstein’s conviction in 2008, it is alleged.
The file also indicates that Epstein funneled more than $23 million to Ghsilaine Maxwell, his “lady” who is serving a 20-year prison sentence for recruiting underage girls for him, between 1999 and 2002.
The document also alleges that at least 20 individuals who were paid through JPMorgan accounts were victims of trafficking on Epstein Island, New York, and other Epstein properties.
“These women were trafficked and abused during various periods between 2003 and at least July 2019, when Epstein was arrested and imprisoned, and these women received payments, usually multiple payments, between 2003 and 2013 in excess of a million,” the lawsuit says. dollars collectively.
Epstein also withdrew more than $775,000 in cash during that time frame from JPMorgan accounts, which is especially significant because Epstein was known to pay for “massages,” or sexual encounters, with cash. The financial information also reflects approximately $1.5 million in payments made from JP Morgan accounts to known employers.
Last month, a judge partially denied a motion to dismiss the case by JPMorgan, allowing some of the allegations to proceed.
Epstein funneled more than $23 million to Ghsilaine Maxwell, his “lady” who is serving a 20-year prison sentence for recruiting underage girls for him, between 1999 and 2002
The lawsuit alleges: “These women were trafficked and abused during various periods between 2003 and at least July 2019, when Epstein was arrested and imprisoned, and these women received payments, usually multiple payments, between 2003 and 2013 in excess of $1 million globally.” collective.
Last week, the USVI Attorney General subpoenaed a number of wealthy individuals to contact Epstein, including Google founder Sergey Brin.
The lawsuit is running parallel to a similar allegation by a woman named Jane Doe who has made several allegations against Jess Staley, the former head of JPMorgan.
Court documents alleged that between 2008 and 2012, Staley exchanged about 1,200 emails with Epstein from his JP Morgan email account.
The banker was alleged to have visited Epstein’s private island in the Caribbean while the pedophile was in prison for having sex with underage girls.
Staley is accused of making references to Disney characters in emails, including one from 2010 in which he says, “Say hi to Snow White.”
Staley’s lawyers have denied any wrongdoing and denied that he used code words on Epstein.
In a motion to dismiss, J.P. Morgan called the USVI Complaint “a master class in perversion that seeks to hold (J.P. Morgan) liable for not covering up Epstein’s crimes more than a decade ago.”
