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Sources familiar with the matter reveal that JPMorgan Chase & Co. had connections to Jeffrey Epstein that were more extensive than what the bank had publicly acknowledged and lasted for several years beyond the time it terminated the accounts of the convicted sex offender.
According to Bloomberg, insiders told the news outlet that Mary Erdoes, a high-ranking executive who reports to CEO Jamie Dimon, visited Jeffrey Epstein’s residence on Manhattan’s Upper East Side twice, in 2011 and 2013, while Epstein was still a client of JPMorgan Chase & Co.
During this time, she corresponded with Epstein via numerous emails and talked about potentially splitting fees with him from a charitable fund that the bank was contemplating launching, the insiders revealed.
John Duffy, who oversaw JPMorgan’s U.S. private bank catering to the uber-wealthy, visited Epstein’s townhouse for a meeting in April 2013. A month after the meeting, and despite compliance staff’s repeated concerns about Epstein’s unorthodox banking methods, the financial giant renewed an authorization permitting Epstein to borrow money against his accounts.
According to sources, Justin Nelson, a banker who handled Epstein’s accounts at JPMorgan, visited Epstein’s Manhattan residence approximately six times from 2014 to 2017. In addition, he reportedly ventured out to Epstein’s New Mexico ranch in 2016, the report said.
JPMorgan had previously stated that it terminated Epstein’s accounts in 2013.
News releasing…some names that visited Epstein..
Obama WH Counsel
William Burr (CIA)
and Epstein visited Obama WH 17 times!
WSJ is reporting this too! https://t.co/WDrjIVOYuH
— Santa Surfing (@SantaSurfing) May 1, 2023
Let’s not forget JPMorgan’s Jamie Dimon to be interviewed under oath in Epstein case.
Of course, NOTHING will come of it.https://t.co/3eo5iK3rHJ
— Gulag Thought Crime Prevention Center (@GulagPc) May 1, 2023
Last month, the U.S. Virgin Islands government unsealed portions of the federal lawsuit that had previously been redacted, some of which shows former JPMorgan executive (and later Barclay CEO) Jes Staley’s relationship with Epstein.
The Virgin Islands told a judge that JPMorgan’s attempt to deflect blame on its former senior executive Jes Staley was wrong and alleged the bank’s role in Epstein’s sex trafficking went all the way to the top.
“If Mr. Staley is a rogue employee, why isn’t Jamie Dimon?” the government’s private counsel Mimi Liu thundered, urging a judge to advance their lawsuit.
In August 2008, an internal JPMorgan email discussed the flow of Epstein’s assets, with a reference to “pending Dimon review,” Law and Crime reported.
“The remarks provide insight into why the Virgin Islands issued a subpoena to Dimon earlier this year — and why Senior U.S. District Judge Jed Rakoff signed off on it. JPMorgan insisted that Dimon is not relevant to the lawsuit, asserting that he wasn’t involved in any decisions related to Epstein’s account. Their arguments ultimately didn’t sway the judge on the discovery motion,” Law and Crime reported.
“JPMorgan, the world’s largest bank by market capitalization, was Epstein’s bank of choice between 1998 and 2013, well after Epstein’s Florida prosecution for soliciting prostitution with a minor. That relationship has been under a newfound spotlight after Epstein survivors and the Virgin Islands sued JPMorgan Chase late last year, claiming that it ‘facilitated, sustained and concealed’ Epstein’s abuse,” the outlet added.
JPMorgan has denied the allegations from the U.S. Virgin Islands and filed a counteroffensive against Staley, claiming he “concealed his personal activities” with Epstein.
Staley and Epstein exchanged roughly 1,000 emails between 2008 and 2012. Newly unsealed information reveals an odd exchange between Staley and Epstein, where they make references to Disney characters, according to Fox News.
“These women were trafficked and abused during different intervals between at least 2003 and July 2019, when Epstein was arrested and jailed, and these women received payments, typically multiple payments, between 2003 and 2013 in excess of $1 million collectively,” according to the unsealed passages.
Lawyers question JPMorgan Chase over decision to retain Epstein as client https://t.co/Nt3OpNh6nG
— Daily Mail Online (@MailOnline) March 1, 2023
Last December, then-US Virgin Islands Attorney General Denise George filed a lawsuit against JPMorgan Chase regarding the bank’s financial dealings with Epstein, alleging that the Wall Street finance behemoth benefited from his sex trafficking escapades while subsequently failing to report suspicious activity to the authorities.
The island’s civil action comes on the heels of lawsuits filed in December by two women against JPMorgan and Deutsche Bank who also accused Epstein of sexual abuse, claiming that the financial institutions benefitted from the late pedophile’s sex trafficking.
Previous reports noted that former President Bill Clinton hung out with Epstein far more than previously known.
Epstein allegedly visited Clinton frequently at the White House.
Unearthed visitor logs also show that Epstein visited the Clinton White House at least 17 times during Clinton’s first term in office.
Epstein also reportedly brought 8 young women with him on his trips to see Clinton at the White House, according to the Daily Mail.
It was also revealed in 2019 that Epstein had an oil painting of President Clinton wearing a blue dress as he sat on a chair in the Oval Office, the New York Post reported.