Info@NationalCyberSecurity
Info@NationalCyberSecurity

JPMorgan will pay $75 MILLION to settle Jeffrey Epstein lawsuit brought by US Virgin Islands alleging bank facilitated pedophile’s sex trafficking | #childpredator | #kidsaftey | #childsaftey




JPMorgan Chase has agreed to pay $75 million to settle a lawsuit brought by the US Virgin Islands over the bank’s client relationship with sex predator Jeffrey Epstein.

The bank confirmed the settlement in a statement to DailyMail.com on Tuesday morning, saying it did not admit liability as part of the deal, but ‘deeply regrets’ working with Epstein.

The settlement includes $30 million that will go towards US Virgin Islands charity groups that work to combat sex trafficking, $25 million to the territory’s government to fund law enforcement, and $20 million in attorneys fees.

The territory had sued JPMorgan for at least $190 million, saying the bank ignored red flags about convicted sex offender Epstein because he was a wealthy and lucrative client from 1998 to 2013. 

Developing story, more to follow. 

JPMorgan Chase has agreed to pay $75 million to settle a lawsuit brought by the US Virgin Islands over the bank’s client relationship with sex predator Jeffrey Epstein



Source link

——————————————————–


Click Here For The Original Source.

National Cyber Security

FREE
VIEW