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 TradeEdgeassistance 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.
2025-05-02 02:52715 view
2025-05-02 02:341686 view
2025-05-02 02:32747 view
2025-05-02 02:012245 view
2025-05-02 01:431668 view
2025-05-02 00:4782 view
CONECUH COUNTY, Ala.—At the confluence of the Yellow River and Pond Creek in Alabama’s Conecuh Natio
Freedom Bank was founded two decades ago in Montana's Flathead Valley, an area well known for fly fi
Every spring, shareholders in publicly-traded companies get to weigh in on how they're run. It's a c
