New Court Documents Suggest the Justice Department Under Four Presidents Covered Up Jeffrey Epstein’s Money Laundering at JPMorgan Chase

The heavy-lifting for what should have been a criminal investigation by the U.S. Department of Justice in this matter is now being conducted by the U.S. Attorney’s Office for the U.S. Virgin Islands

by Pam Martens and Russ Martens

Remember all of that sensational social media buzz in 2016 about a politically-connected ring of pedophiles operating out of a pizza parlor in Washington, D.C.? The story was debunked by Snopes but not before it had gone viral.

While the pizza parlor was getting plenty of attention, an actual, highly sophisticated, child sex-trafficking ring had been operating with impunity for more than a decade out of the largest bank in the United States, JPMorgan Chase.

Based on astonishing internal documents from JPMorgan Chase obtained during discovery in a federal lawsuit and filed on the court docket last week, it now appears that the U.S. Department of Justice has turned a blind eye toward this bank’s facilitation of Jeffrey Epstein’s sex trafficking crimes for more than 16 years, during the administrations of four separate Presidents of the United States.

The heavy-lifting for what should have been a criminal investigation by the U.S. Department of Justice in this matter is now being conducted by the U.S. Attorney’s Office for the U.S. Virgin Islands in a civil lawsuit, using the law firm, MotleyRice.

A new document filed last week with the federal court in Manhattan that is hearing the case shows that on September 6, 2007, the U.S. Attorney’s Office for the Southern District of Florida (part of the U.S. Department of Justice) followed up on a subpoena it had issued to Bear Stearns, demanding to receive “a list of accounts at other financial institutions that Bear Stearns has either transferred money to or received money from on behalf of Mr. Epstein….”

During the financial crisis in 2008, JPMorgan Chase bought the collapsing Bear Stearns and, apparently, obtained its records. The U.S. Virgin Islands was able to obtain during discovery the internal emails at JPMorgan Chase, where its anti-money-laundering personnel express curiosity as to why Bear Stearns got a subpoena in the Epstein case but it didn’t, despite being Epstein’s primary bank.

In a January 10, 2011 internal email at JPMorgan Chase, Maryanne Ryan, the Vice President of Anti-Money-Laundering (AML) Operations, emails William Langford, then Global Head of Compliance at the bank according to his LinkedIn profile (and a former executive at FinCEN who should have intimately understood the need to be filing Suspicious Activity Reports for Epstein’s massive cash withdrawals).

Ryan reveals the following: that JPMorgan Chase “never was served a subpoena,” which she admits that she finds “odd, since we were his #1 bank and actually Bear got one in 07.” Ryan also reveals in this email that “Steve Cutler” has approved Epstein to remain as a customer at JPMorgan Chase’s Private Bank. Steve (Stephen) Cutler was the former Director of Enforcement at the Securities and Exchange Commission prior to becoming General Counsel at JPMorgan Chase. According to the transcript of the deposition of Jamie Dimon, the Chairman and CEO of the bank, as part of the U.S. Virgin Islands’ lawsuit, Cutler worked in the office directly next door to Dimon and reported to Dimon.

Dimon also stated in his deposition that he had never heard of Epstein and didn’t know he had accounts at the bank until Epstein’s arrest in 2019. It raises much skepticism on Wall Street that Cutler, who reported to Dimon, would have failed to get permission from Dimon before deciding to keep this Level 3 registered sex offender at the bank and look the other way at hundreds of thousands of dollars in cash withdrawals year after year.

For example, another internal email filed with the court shows that on October 24, 2008 an employee writes that it is his understanding that JPMorgan Chase “requires top of the house ok for clients who are convicted felons.” He cites this chain of approval as follows: “PCS Legal [Private Client Services Legal] to Asset Mgt Legal to Cutler to Jaime Daimnon [Jamie Dimon].”

Other internal documents show that Epstein was catered to at the bank because he referred large accounts from ultra wealthy individuals, notwithstanding the fact that the anti-money-laundering personnel at the bank were regularly circulating media reports about Epstein’s scandalous history.

The head of the U.S. Attorney’s Office for the Southern District of Florida at the time Epstein was let off the hook with the secret federal non-prosecution agreement was Alex Acosta. Donald Trump made Acosta the head of the U.S. Department of Labor – a key federal agency in preventing human trafficking. Acosta resigned in 2019 after news reports focused on the secret non-prosecution agreement Acosta has presided over for Epstein in the Palm Beach County case.

---

Own a piece of libertarian activist history! In 2013, the police accountability organization Cop Block produced a one-time run of "Shiny Badges" modeled after the Keene, New Hampshire police department badge from a manufacturer of "real" police badges. The heavy-weight badge features the Cop Block logo and the words: "Shiny Badges Don't Grant Extra Rights,” reminding the police of the incredible delusion required to believe a shiny badge gives one an exception from morality or the "right" to imprison peaceful people for victimless crimes among other immoral transgressions required for the job.

The Art of Liberty Foundation acquired Five (5) of these at PorcFest 2023, and we are auctioning these off to support the foundation. You can buy here for $250 OR "Go Paid" as a $250 Founding Member on SubStack to receive your shiny badge, an Everything Bundle, AND a One-Year Founding Membership on the Art Of Liberty Foundation's Important News Substack. These are the only Cop Block Shiny Badges available on the internet and when they are gone... They are Gone!

Go Paid (or Upgrade) at the $250 Founding Member level and get the Badge + an Everything Bundle + a One-Year Founding Membership to the Daily News & The Art of Liberty Foundation’s Important News Substacks.