Deutsche Bank Settles Epstein Case for $75 Million.

1 min read
Source: The Washington Post
Deutsche Bank Settles Epstein Case for $75 Million.
Photo: The Washington Post
TL;DR Summary

Deutsche Bank has agreed to pay $75 million to settle a lawsuit brought by women who accused the financial institution of enabling their abuse at the hands of disgraced financier Jeffrey Epstein. The settlement, which must still be approved by a judge, would resolve claims made in federal court in Manhattan. The proposed class-action lawsuit accused the German bank of knowingly providing the funds for the continued operation of a sprawling sex trafficking ring, enabled by continued cash payouts that required the support of a major bank.

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