Deutsche Bank has agreed to pay $75m to settle a proposed class-action lawsuit charging that the financial institution facilitated Jeffrey Epstein’s sex-trafficking ring, said lawyers who sued the bank on behalf of alleged victims.
A woman who is listed anonymously as Jane Doe in court papers filed the suit last year in New York on behalf of herself and other accusers of the disgraced financier. She alleged Deutsche Bank did business with Epstein for five years while knowing that he was using money in his bank accounts to further his sex-trafficking activity.