Court Filing: JPMorgan Chase “Actively Participated in Epstein’s Sex-Trafficking Venture”
“As another example of JP Morgan and [Jes] Staley’s benefit from assisting Epstein, a highly profitable deal for JP Morgan was the Highbridge acquisition.
By Pam Martens and Russ Martens
The Attorney General of the U.S. Virgin Islands, armed with highly effective legal talent from the law firm, MotleyRice – which stakes its reputation on its “boldness” – has filed new documents in its federal lawsuit against the largest bank in the United States, JPMorgan Chase. The new documents are, indeed, breathtakingly bold.
The U.S. Virgin Islands’ attorneys have clarified to the court that they plan to show in a trial scheduled for October that JPMorgan Chase not only facilitated the sex trafficking of underage girls by Jeffrey Epstein but that the bank “actively participated in Epstein’s sex-trafficking venture from 2006 until 2019.”
That is a very explosive assertion. For starters, it throws up a giant red flare as to why the American public has heard nothing from the criminal division of the U.S. Department of Justice about a criminal case against the bank for laundering money for Epstein. The case brought by the U.S. Virgin Islands is a civil case.
The U.S. Virgin Islands filed hundreds of pages of new court documents on Monday and Tuesday. Most of the exhibits have been filed under seal. A Memorandum of Law arguing for partial summary judgment in the case, however, is only lightly redacted and makes the following points:
“Even if participation requires active engagement…there is no genuine dispute that JPMorgan actively participated in Epstein’s sex-trafficking venture from 2006 until 2019. The Court found allegations that the Bank allowed Epstein to use its accounts to send dozens of payments to then-known co-conspirators [redacted] provided excessive and unusual amounts of cash to Epstein; and structured cash withdrawals so that those withdrawals would not appear suspicious ‘went well beyond merely providing their usual [banking] services to Jeffrey Epstein and his affiliated entities’ and were sufficient to allege active engagement.”
The U.S. Virgin Islands has previously alerted the court to the unfathomable sums of hard cash that Epstein was able to take from the accounts he maintained at JPMorgan Chase without the bank filing the legally mandated Suspicious Activity Reports (SARs) to law enforcement. In the new filing, it has tallied up the giant pile of cash, writing as follows:
“Between September 2003 and November 2013, or approximately ten years, JPMorgan handled more than $5 million in outgoing cash transactions for Epstein — ignoring its own policy discouraging large cash withdrawals….”
The U.S. Virgin Islands’ attorneys cite to internal emails at JPMorgan Chase showing that employees at the bank were aware of Epstein’s “[c]ash withdrawals … made in amounts for $40,000 to $80,000 several times a month” while also being aware that Epstein paid his underage sexual assault victims in cash.
JPMorgan Chase’s active participation in the Epstein sex trafficking ring was also alleged in a separate class action lawsuit against JPMorgan Chase brought by lawyers David Boies and Bradley Edwards on behalf of Epstein’s victims. At a March 13 court hearing in the case, Boies argued in open court that JPMorgan Chase had used a private jet owned by the bank’s hedge fund, Highbridge Capital, to transport girls for Epstein’s sex trafficking operation. A January 13, 2023 amended complaint filed by Boies’ law firm provided the following details on that allegation:
“As another example of JP Morgan and [Jes] Staley’s benefit from assisting Epstein, a highly profitable deal for JP Morgan was the Highbridge acquisition.
Go paid at the $5 a month level, and we will send you both the PDF and e-Pub versions of “Government” - The Biggest Scam in History… Exposed! and a coupon code for 10% off anything in the Government-Scam.com/Store.
Go paid at the $50 a year level, and we will send you a free paperback edition of Etienne’s book “Government” - The Biggest Scam in History… Exposed! AND a 64GB Liberator flash drive if you live in the US. If you are international, we will give you a $10 credit towards shipping if you agree to pay the remainder.
Support us at the $250 Founding Member Level and get an Everything Bundle – The Sampler of Liberty! - Get it free by going paid as a Founding Member!
Give me Liberty... and give me more! The Everything Bundle includes the latest version of our flagship book on government, along with a collection of potentially life-altering introductions to voluntaryism, agorism and peaceful anarchy.
“Government” – The Biggest Scam in History… Exposed! by Etienne de la Boetie2
Anarchy Exposed! - A former police officer reports on his investigative journeyby Shepard the Voluntaryist and Larken Rose
The Most Dangerous Superstition by Larken Rose
Sedition, Subversion and Sabotage – Field Manual #1 by Ben Stone, The Bad Quaker, and Ken Yamarashi
What Anarchy Isn’t– A short pamphlet by Larken Rose… The perfect introduction to peaceful anarchy
Three Friends Free – A Children’s Story of Voluntaryism
The Liberator is a 64GB wafer flash drive filled with books, documentaries, podcasts, MP3s, short videos, and music from the truth movement’s leading artists. The credit card-sized format makes it convenient to keep in your wallet to share and copy easily.