JPMorgan Chase has agreed to pay victims of Jeffrey Epstein’s alleged sex trafficking ring $290 million.
An unnamed victim known as “Jane Doe 1” filed the class action lawsuit on the behalf of more than 40 women, CNBC reported . She claimed that for years the bank ignored red flags pointing to Epstein’s sexual abuse of women and children.
After servicing him for 15 years, the bank severed ties with Epstein in 2013 — five years after Epstein was convicted of procuring a child for prostitution, NBC reported . Epstein reportedly killed himself while being held by federal authorities for sex trafficking charges.
The bank said the settlement is not an admission of guilt, Reuters reported .“We all now understand that Epstein’s behavior was monstrous, and we believe this settlement is in the best interest of all parties, especially the survivors, […]
Excerpt Sourced From: www.breitbart.com
