JPMorgan Scamper CEO Jamie Dimon talks to reporters as he leaves the U.S. Capitol after an unannounced assembly with U.S. Senate Majority Leader Schumer that became reportedly relating to the chance of the U.S. defaulting on its debt, outdoors the U.S. Capitol in Washington, May well honest 17, 2023.
Evelyn Hockstein | Reuters
JPMorgan Scamper CEO Jamie Dimon testified at a deposition in New York on Friday that he had no involvement in the accounts of longtime customer Jeffrey Epstein, the bank acknowledged.
Dimon became being deposed for court docket cases accusing JPMorgan of facilitating and taking advantage of Epstein’s sex trafficking of younger women, which he financed with money he had on deposit there.
“Our CEO reaffirmed after his deposition that, as he has previously acknowledged, that he unquestionably no longer met with him, unquestionably no longer emailed him, would no longer recall ever discussing his accounts internally, and became no longer concerned with any decisions about his narrative,” acknowledged a bank spokeswoman. “There are thousands and thousands and thousands and thousands of emails and varied paperwork that had been produced in this case and no longer one comes shut to even suggesting that he had any feature in decisions about Epstein’s accounts.”
The spokeswoman added: “As we now accept as true with acknowledged, we now know that Epstein’s habits became frightful, and his victims deserve justice. In hindsight, any affiliation with him became a mistake and we remorse it, but these fits are misdirected as we did no longer serve him commit his sinful crimes.”
Dimon gave his deposition at JPMorgan’s headquarters in Ny. The bank earlier misplaced an effort to push apart the fits by the plaintiffs – the authorities of the U.S. Virgin Islands and an nameless Epstein accuser.
The fits explain that JPMorgan, the biggest bank in america, saved Epstein as a customer even after discovering out he became being investigated for sexually abusing underage women in Florida and after he pleaded guilty in a explain mark there in 2008 to paying for sex from a minor.
The bank is accused in the complaints in U.S. District Court in Ny of doing so in provide an explanation for to retain Epstein, who saved tens of thousands and thousands of bucks in accounts there, no matter within concerns about his slimy recognition.
The Virgin Islands says Epstein broken-down frequent cash withdrawals he fabricated from these accounts to pay for younger women to commute to the American territory so that he and others would possibly perhaps maybe abuse them at his position on a non-public island he owned.
“Human trafficking became the [principal] industry of the accounts Epstein maintained at JPMorgan,” the Virgin Islands’ swimsuit says.
Dimon’s deposition became taken in deepest. The questions he became requested and the answers he gave would absolute best become public in the event that they are broken-down in court docket filings and court docket cases, or in the event that they are leaked.
Furthermore on Friday afternoon, Desire Jed Rakoff held a listening to on a ask by lawyers for the accuser to certify her lawsuit as a class action criticism, which can maybe add dozens of potential accusers as plaintiffs. JPMorgan opposes that ask. Rakoff is anticipated to rule by unhurried June on that tell.
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As well to questioning Dimon below oath, the Virgin Islands has issued a flurry of subpoenas in search of paperwork linked to Epstein and JPMorgan from a entire lot of high-profile of us the authorities suspects Epstein tried to recruit as fellow customers of the bank.
They embody Tesla CEO Elon Musk, Google co-founders Larry Page and Sergey Brin, frail Disney govt Michael Ovitz, Hyatt Motels govt chairman Thomas Pritzker and Mort Zuckerman, the billionaire valid estate investor.
Dimon’s deposition comes extra than a week after Deutsche Bank agreed to pay $75 million to Epstein victims to resolve a would-be class action lawsuit by one of his accusers. Deutsche Bank had taken on Epstein as a customer after JPMorgan severed ties with him in 2013, after conserving him as a shopper for 15 years.
JPMorgan has acknowledged Dimon had no longer reviewed Epstein’s accounts when he became a shopper there from 1998 by 2013, the year that JPMorgan severed its relationship with him.
Epstein died six years later from suicide in a New York penal complex a month after federal authorities charged him with trafficking women for sex.
JPMorgan pushes back
JPMorgan, in a linked criticism, has acknowledged that any civil felony responsibility it will accept as true with from Epstein’s habits is the responsibility of its frail govt Jes Staley, who became a chum of Epstein and his foremost industry contact on the bank.
Staley, who furthermore denies any wrongdoing, earlier this week misplaced a represent to push apart JPMorgan’s criticism against him, which among varied issues seeks to recoup $80 million in compensation from him.
As well to looking to shift blame to Staley, JPMorgan this week in a court docket filing accused the Virgin Islands of being “complicit in the crimes of Jeffrey Epstein.”
The filing acknowledged the Virgin Islands looked the varied map as Epstein trafficked younger women on narrative of he became giving high-ranking officers there money, advice and favors.
The filing namely says that Epstein paid tuition for the younger of us of John de Jongh and his wife, Cecile, when John served as Virgin Islands governor and when Cecile worked for Epstein managing his corporations in the territory.
Cecile furthermore allegedly made efforts to actual student visas for younger women linked to Epstein, and became his “major conduit for spreading money and affect one day of the USVI authorities.”
The Washington Publish on Friday printed indispensable capabilities of a deposition earlier taken of Mary Erdoes, who runs JPMorgan’s asset and wealth administration division.
“Oh boy,” Erdoes wrote in a 2011 email to 1 other bank govt after she chanced on out Epstein’s repute as a sex culprit as a outcomes of his Florid conviction had been affirmed, The Washington Publish reported.
The newspaper acknowledged that became “on the least the sixth time Erdoes … had been alerted to Epstein’s felony or civil ethical anguish for sex crimes.”
