US Virgin Islands Demands $190 Million from JPMorgan in Jeffrey Epstein Lawsuit
TL;DR Summary
The US Virgin Islands is seeking $190 million in penalties and disgorgement from JPMorgan Chase, alleging that the bank benefited financially from Jeffrey Epstein's sex trafficking operation and failed to report suspicious financial activity. The government is also requesting that the bank implement safeguards against human trafficking and separate its business and compliance functions. JPMorgan Chase disagrees with the claims and is challenging them in court. The trial is set to begin on October 23.
- US Virgin Islands seeks $190 million from JPMorgan as part of Jeffrey Epstein lawsuit CNN
- U.S. Virgin Islands seeks at least $190 million from JPMorgan Chase in Jeffrey Epstein case CNBC
- US Virgin Islands demands $190 million from JPMorgan in Epstein case Reuters
- U.S. Virgin Islands Seeks $190 Million From JPMorgan in Epstein Lawsuit The New York Times
- JPMorgan says it will challenge the U.S. Virgin Island's 'misdirected' damages theories in court CNBC Television
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