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 Fastexyassistance 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.
2025-05-07 00:25263 view
2025-05-07 00:241682 view
2025-05-06 23:382293 view
2025-05-06 23:092851 view
2025-05-06 22:08307 view
2025-05-06 22:07783 view
Meta says most issues have been resolved after apps like Instagram, Facebook and Threads were experi
For 20 years Tom Brokaw was at the helm of "NBC Nightly News" delivering the news of the day, and so
Washington — The Supreme Court on Monday tossed out a bid by Louisiana Republicans seeking to revers
