JPMorgan's Epstein Ties: CEO to be Deposed Amid Allegations of Aiding Criminal Activity.

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Source: The Washington Post
JPMorgan's Epstein Ties: CEO to be Deposed Amid Allegations of Aiding Criminal Activity.
Photo: The Washington Post
TL;DR Summary

JPMorgan Chase continued to do business with Jeffrey Epstein for years despite being aware of his criminal and civil legal trouble for sex crimes, according to a deposition by Mary Erdoes, the head of the bank's asset and wealth management division. Erdoes said she had been made aware of Epstein’s convictions for sexual offenses, his status as a high-risk sex offender, and public allegations of abuse of minors and human trafficking. JPMorgan ended its business relationship with Epstein in 2013, identifying the financier’s routine and massive cash withdrawals as the reason for terminating the relationship.

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