US Bank JP Morgan Warned of $1 Billion in Transactions Linked to Epstein's Human Trafficking Suspicions
JP Morgan, the largest bank in the US, has revealed that it had alerted regulators about a potential link between billions of dollars in transactions and human trafficking linked to financier Jeffrey Epstein. In a suspicious activity report filed just weeks after Epstein's 2019 death in a New York jail cell, JP Morgan flagged over $1 billion worth of transactions related to the pedophile financier.
The bank identified four prominent individuals with ties to Epstein: Leon Black, co-founder of Apollo Global Management; Glenn Dubin, a hedge fund manager; lawyer Alan Dershowitz; and retail tycoon Leslie Wexner. However, no further details about these transactions were provided in the report.
One significant wire transfer identified was $65 million made between mid-2000s that moved through multiple banks linked to Wexner's trusts. The other individuals named on the report have denied any wrongdoing or connection to Epstein's alleged crimes.
The bank has settled cases filed by victims from the US Virgin Islands without admitting liability. JP Morgan confirmed in a statement that they had flagged these transactions but admitted that regulators didn't act on those alerts for years, citing what they described as "systemic failures" in law enforcement and government response.
JP Morgan's close ties to Epstein have raised significant scrutiny over the past decade. The bank dropped Epstein from its client list in 2013, just months before his arrest.
JP Morgan, the largest bank in the US, has revealed that it had alerted regulators about a potential link between billions of dollars in transactions and human trafficking linked to financier Jeffrey Epstein. In a suspicious activity report filed just weeks after Epstein's 2019 death in a New York jail cell, JP Morgan flagged over $1 billion worth of transactions related to the pedophile financier.
The bank identified four prominent individuals with ties to Epstein: Leon Black, co-founder of Apollo Global Management; Glenn Dubin, a hedge fund manager; lawyer Alan Dershowitz; and retail tycoon Leslie Wexner. However, no further details about these transactions were provided in the report.
One significant wire transfer identified was $65 million made between mid-2000s that moved through multiple banks linked to Wexner's trusts. The other individuals named on the report have denied any wrongdoing or connection to Epstein's alleged crimes.
The bank has settled cases filed by victims from the US Virgin Islands without admitting liability. JP Morgan confirmed in a statement that they had flagged these transactions but admitted that regulators didn't act on those alerts for years, citing what they described as "systemic failures" in law enforcement and government response.
JP Morgan's close ties to Epstein have raised significant scrutiny over the past decade. The bank dropped Epstein from its client list in 2013, just months before his arrest.
and now they're getting called out for it