JPMorgan ignored Epstein’s ‘nymphettes,’ US Virgin Islands says

The US Virgin Islands unveiled new accusations in opposition to JPMorgan Chase over the financial institution’s ties to former client Jeffrey Epstein, together with executives discussing how the disgraced late financier surrounded himself with “nymphettes.”

JPMorgan countered that the US Virgin Islands was additionally guilty for allowing Epstein’s sexual abuse of young women and teenage women, saying the territory used its powers to allow these crimes.

The financial institution accused the territory of facilitating visas that allowed Epstein to carry victims, and of “trying the opposite means” each time Epstein arrived at native airports accompanied by younger girls and women.

Each units of accusations had been made in dueling Monday night time filings in Manhattan federal courtroom.

The US Virgin Islands is suing JPMorgan for at the very least $190 million, saying the financial institution ignored purple flags about Epstein as a result of he was a rich and profitable consumer from 1998 to 2013.

Forward of a scheduled Oct. 23 trial, the US Virgin Islands desires a decide to declare that JPMorgan participated in Epstein’s intercourse trafficking and obstructed regulation enforcement.

Its filings embody many new particulars in regards to the New York-based financial institution’s alleged conduct, together with greater than $25 million of funds to Epstein’s affiliate Ghislaine Maxwell, and tons of of hundreds of {dollars} paid to Epstein’s victims.

Additionally they quoted a Sept 2012 electronic mail from a senior JPMorgan govt to Mary Erdoes, now the financial institution’s asset and wealth administration chief, evaluating one other consumer’s home to Epstein’s.

“Jogged my memory of JE’s home, besides it was extra tasteful, and fewer nymphettes,” the manager wrote. “Extra just like the Frick [museum]. Artwork was fabulous.”

“Wow,” Erdoes responded.

JPMorgan, in distinction, desires the decide to declare that the US Virgin Islands’ shouldn’t be capable of search financial aid, and that the territory’s declare the financial institution obstructed regulation enforcement be denied.

The financial institution has already faulted the US Virgin Islands for having a comfy relationship with Epstein, the place prime officers gave him tax breaks and waived sex-offender monitoring necessities in change for money and items.

Epstein had owned two personal islands throughout the territory, and allegedly purchased the second to maintain folks from spying on his sexual abuses on the primary.

The US Virgin Islands has already acquired greater than $105 million from Epstein’s property, and reached a settlement with billionaire Leon Black, a former Epstein buddy.

JPMorgan agreed final month to pay $290 million to settle a separate lawsuit by dozens of Epstein accusers.

Epstein died by suicide in August 2019 in a Manhattan jail whereas awaiting trial for intercourse trafficking.

The case is US Virgin Islands v. JPMorgan Chase Financial institution NA, US District Court docket, Southern District of New York, No. 22-10904.