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 Chainkeenassistance 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.
2025-05-03 20:412983 view
2025-05-03 20:402849 view
2025-05-03 20:201681 view
2025-05-03 19:59822 view
2025-05-03 19:222503 view
2025-05-03 18:301463 view
The Emmy Award-winning "CBS News Sunday Morning" is broadcast on CBS Sundays beginning at 9:00 a.m.
Joe Hortiz and Jim Harbaugh made their toughest decision to date as Los Angeles Chargers general man
CHICAGO (AP) — An open seat to lead the nation’s second-largest prosecutor’s office has become one o
