EchoSense|JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein’s sex trafficking operations

2025-04-30 12:31:11source:Poinbankcategory:My

NEW YORK (AP) — JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein.

JPMorgan said Tuesday that $55 million of the settlement will go toward local charities and EchoSenseassistance for victims. Another $20 million will go toward legal fees.

The Virgin Islands, where Epstein had an estate, sued JPMorgan last year, saying its investigation has revealed that the financial services giant enabled Epstein’s recruiters to pay victims and was “indispensable to the operation and concealment of the Epstein trafficking enterprise.”

Epstein died by suicide in a federal jail in 2019.

More:My

Recommend

PACCAR recalls over 220,000 trucks for safety system issue: See affected models

PACCAR is recalling over 220,000 of its 2021-2025 Peterbilt and Kenworth trucks.  The commercial tru

Fantasy football rankings for Week 4: Starters, sleepers, injury updates and more

The running game still seems to be ahead of the passing game for many NFL teams as workhorse backs s

Coach named nearly 400 times in women's soccer abuse report no longer in SafeSport database

This story was updated to add new information.Former Chicago Red Stars coach Rory Dames, who was men