Overview
- JPMorgan filed a suspicious activity report on September 26, 2019, flagging roughly 4,700 transactions totaling more than $1 billion from 2003 to 2019 as potentially tied to human trafficking.
- The filing identified transactions involving Leon Black, Glenn Dubin, Alan Dershowitz, and trusts controlled by Leslie Wexner, and none of those named have been charged in connection with Epstein.
- The report noted accounts or wires linked to Russian banks Alfa Bank and Sberbank and cited concerns including Epstein’s media notoriety, use of multiple accounts, and relationships with two U.S. presidents.
- Judge Jed S. Rakoff ordered the records unsealed at the request of The New York Times and The Wall Street Journal, releasing SARs, internal communications, and emails that include exchanges with former JPMorgan executive Jes Staley.
- JPMorgan says it filed SARs repeatedly, including when it cut ties with Epstein in 2013, and the bank previously settled related litigation for $290 million with survivors and $75 million with the U.S. Virgin Islands without admitting wrongdoing.