JPMorgan CEO Deposed Over Bank's Longtime Ties to Sex Offender Jeffrey Epstein
- JPMorgan Chase allegedly ignored warnings about Jeffrey Epstein's criminal conduct and sex trafficking for 15 years while profiting from managing hundreds of millions of dollars of his money.
- Epstein's relationship with JPMorgan extended to top executives at the bank, and he was dropped as a client only in 2013.
- JPMorgan CEO Jamie Dimon denied having any personal relationship with Epstein in a deposition but faces a federal lawsuit from Epstein's victims and a separate one from the U.S. Virgin Islands.
- JPMorgan accuses former officials in the Virgin Islands, where Epstein owned a private island residence, of accepting bribes and favors to look away from his crimes.
- There are calls for legislation to impose harsh penalties on banks that ignore signs of criminal behavior by clients, especially human trafficking.