Investment Banking

JPMorgan sued by US Virgin Islands over banking services for Jeffrey Epstein

The suit comes after the Virgin Islands government inked a $105m settlement with Epstein's estate and 10 entities associated with the financier

JPMorgan Chase did not alert authorities and ignored warnings of illegal activities for years while providing banking services to Epstein, according to published reports of the suit
JPMorgan Chase did not alert authorities and ignored warnings of illegal activities for years while providing banking services to Epstein, according to published reports of the suit Photo: Bloomberg via Getty Images

US Virgin Islands Attorney General Denise George is accusing JPMorgan of turning a blind eye to Jeffrey Epstein's sex trafficking of minors, according to a lawsuit filed this week in Manhattan District Court.

JPMorgan Chase did not alert authorities and ignored warnings of illegal activities for years while providing banking services to Epstein, according to published reports of the suit.

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