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Jeffrey Epstein referred Obama White Dwelling counsel to JPMorgan as capability customer

Kathy Ruemmler, ragged White Dwelling Counsel, appears to be like on “Meet the Press” in Washington, D.C., June 29, 2014.

William B. Plowman | NBCUniversal | Getty Photos

Intercourse predator Jeffrey Epstein modified into once serious about setting up a consumer relationship between Obama White Dwelling counsel Kathryn Ruemmler and JPMorgan Trail in February 2019, four months forward of he modified into once arrested on federal child sex trafficking prices, a bombshell court docket submitting printed Tuesday.

Ruemmler, who is now standard counsel for Goldman Sachs, modified into once touted by Epstein’s non-public assistant to JPMorgan as an wonderful customer, the submitting presentations.

The suggestion that JPMorgan rob Ruemmler on as a consumer — which the bank warmly embraced — came almost six years after JPMorgan talked about it had effectively fired Epstein as a consumer after inner controls many times raised crimson flags about him.

And it came five months forward of Epstein killed himself in August 2019 in a Original york federal penal advanced, the build he modified into once being held without bail pending trial.

Ruemmler declined to comment thru a Goldman Sachs spokesman.

CNBC one by one emailed her to build a question to of how she knew Epstein, and what recordsdata she had of his historical previous of being convicted in 2008 of a sex crime in Florida.

The Original york federal court docket submitting detailing her connection to Epstein modified into once filed by the authorities of the U.S. Virgin Islands, which is suing JPMorgan.

The American territory alleges that JPMorgan enabled and benefited from Epstein’s sex trafficking of younger women folks to the Virgin Islands, the build he had a dwelling, for the length of the years he maintained accounts on the bank, from 1998 thru 2013.

JPMorgan denies any wrongdoing within the case, the build the territory is looking out out for no lower than $190 million in damages.

The bank closing month agreed to determine a identical lawsuit within the identical court docket by an Epstein accuser, paying $290 million to her and diversified Epstein victims.

The case is scheduled to head to trial in late October.

“Even after his exit like minded up till his arrest in 2019, JPMorgan persevered to work with Epstein,” the Virgin Islands talked about in its submitting.

The submitting says that JPMorgan admits “Epstein modified into once serious about the institution of a customer relationship with Kathryn Ruemmler,” who modified into once the longest-serving White Dwelling standard counsel below ragged President Barack Obama

The submitting says that in February 2019 Epstein’s assistant, Leslie Groff, supplied to introduce Mary Erdoes, a top JPMorgan govt, to Ruemmler, because she wanted to open an memoir with JPMorgan and Epstein thought the two of them “would bond.”

“Erdoes escalated the referral to Stacey Friedman, JPMorgan’s Neatly-liked Counsel, who responded ‘she is a rock vital person litigator at Latham. . . . I would judge she is going to likely be a good consumer,'” the Virgin Islands talked about in its submitting.

Ruemmler on the time worked on the legislation company Latham & Watkins.

In 2020 she joined Goldman Sachs as a accomplice, and now is Goldman’s chief correct officer and standard counsel.

The submitting also talked about that Epstein at one time referred as a capability JPMorgan consumer Nicholas Ribis, a gaming consultant who for a few years ran casinos for ragged President Donald Trump.

Ribis did not straight away answer to requests for comment.

JPMorgan claims in court docket filings that the Virgin Islands modified into once itself “complicit within the crimes of Jeffrey Epstein,” arguing that he gave high-ranking authorities officers money, advice and favors in alternate for making an attempt the diversified come when he trafficked younger women folks.

JPMorgan also argues that its ragged govt Jes Staley, who modified into once associates with Epstein when he modified into once a consumer of the bank, is accountable for any civil liability of the bank due to its commerce relationship with the sex culprit.

On Tuesday, newly unsealed court docket filings by the bank repeat that Epstein modified into once requested by ragged U.S. Virgin Islands Gov. John de Jongh Jr. for a mortgage of $215,000 after de Jongh modified into once arrested on embezzlement prices that had been later brushed aside.

Epstein’s firm also paid de Jongh’s accomplice, Cecile, a $300,000 lump sum severance charge after Epstein killed himself in a federal penal advanced whereas expecting trial on child sex trafficking prices in August 2019, JPMorgan’s documents notify. She had worked for Epstein at his Southern Belief Firm.

The documents also notify that one more Epstein employee who worked for him within the Virgin Islands modified into once granted a U.S. Customs and Border Protection security seal, which allowed that employee to “escort passengers thru” customs screening areas.

The bank in diversified court docket filings has talked about that Epstein paid for the faculty tuitions of the formative years of the de Jonghs, and that Cecile had made efforts to make student visas and a piece license for younger women folks connected to Epstein.

A spokesman for the Virgin Islands’ Lawyer Neatly-liked’s Assign of dwelling of job suggested CNBC that Epstein’s mortgage to ragged Gov. de Jongh took place after he left station of job in 2015. The costs in opposition to de Jongh had been dropped in early 2016 by the Virgin Islands Department of Justice after he agreed to a separate monetary settlement.

CNBC has reached out to comment from John de Jongh by an asset administration firm the build he’s a director.

The Virgin Islands spokesman also talked about that “it modified into once the federal authorities and now not the Virgin Islands authorities that granted the ‘U.S. Customs and Border Protection security seal.’ “

The Virgin Islands has talked about that JPMorgan’s leadership kept Epstein as a consumer for years without reference to additional than one warnings about him being raised internally on the bank, which integrated payments to younger women folks, and a 2008 sex crime conviction in Florida which resulted in a penal advanced time length.

In its unusual court docket submitting on Tuesday, the Virgin Islands cited a July 2011 e-mail between Epstein and Erdoes, after JPMorgan’s rapid response team determined that Epstein might perhaps well perhaps honest peaceable be off-boarded as a consumer, and after JPMorgan’s standard counsel suggested Erdoes that Epstein modified into once “now not a person we might perhaps well perhaps honest peaceable enact commerce with — length.”

Erdoes and Epstein emailed after he and the bank agreed to determine his lawsuit in opposition to JPMorgan connected to money he talked about he modified into once owed by Undergo Stearns, the funding bank taken over by JPMorgan.

“On July 26, 2011, Epstein wrote to Erdoes, ‘lets [sic] transfer on , [sic] and make some proper money,’ ” the submitting talked about.

“Erdoes responded, ‘Onwards and upwards, on so many fronts,’ ” the submitting talked about.

Epstein modified into once now not severed as a JPMorgan consumer for one more two years.

The unusual Virgin Islands submitting talked about that Staley, in his deposition for the lawsuit, disclosed the names of people and firms that Epstein had referred to the bank as capability customers. An unsealed half of Staley’s deposition modified into once made public Tuesday.

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Amongst the high-powered names listed within the court docket submitting are Google co-founder Sergey Brin, Sultan Ahmed bin Sulayem of Dubai, ragged Microsoft CEO Invoice Gates, ragged Treasury Department Secretary Larry Summers and television journalist Katie Couric.

Staley, who had been head of the bank’s asset and wealth administration division, testified that he met all these people at Epstein’s townhouse on the Upper East Aspect of Original york.

The deposition also presentations that Staley talked about he had spoken to JPMorgan CEO Jamie Dimon in 2006 when Epstein modified into once arrested on Florida relate prices of procuring a minor for prostitution, and solicitation of a prostitute.

JPMorgan has denied that claim. “Staley admits that in 2006 Jamie Dimon communicated with him relating to Epstein’s arrest,” the Virgin Islands talked about within the court docket submitting.

“Staley also testified that on or about July 26, 2006, he spoke to Dimon about Epstein’s indictment because Dimon modified into once his boss and the indictment of Epstein, a consumer of the bank, ‘modified into once a extraordinarily public match.'”

Elsewhere within the deposition, Staley answered questions on going to peep Epstein after an article modified into once printed in 2006 that talked about, “Jeffrey Epstein craved enormous homes, elite associates — and, investigators notify, underage ladies.”

The article also acknowledged that two of “Epstein’s ragged workers suggested investigators that younger making an attempt ladies showed as a lot as rep massages two or Thrice a day when Epstein modified into once in city.”

The Virgin Islands submitting talked about, “On July 25, 2006, Staley met with Epstein in person at Epstein’s dwelling. In that refer to, Epstein admitted to the alleged “behavior of participating in sex for money with younger women folks” — greatest denying the ‘ages.'”

Staley later on wrote Erdoes: “I went and seen him closing evening. I’ve never considered him so shaken. He also adamantly denies the ages,” Staley wrote Erdoes, the submitting notes.

In his deposition, Staley modified into once requested: “The behavior that he modified into once being accused of, he modified into once admitting that he did it.  He modified into once like minded denying that he knew the ages of the victims, like minded?”

Staley responded, “Correct.”

“And likewise you had been reporting that help to the bank, that what modified into once being denied is the ages, like minded?” a attorney for the Virgin Islands talked about.

Staley talked about, “Upright.”

He then conceded that the bank knew that Epstein had admitted to participating in sex for money with younger women folks, whereas denying they had been underage.

The attorney then requested, “And so when the bank is receiving that recordsdata, they now know what , which is, here is the assemble of behavior that our consumer is participating in, and the acceptable dispute that he has about the allegations are the ages of the victims, like minded?”

Staley responded, “That is correct.”

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