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JP Morgan agrees to pay Epstein victims $290million in historic class action lawsuit settlement after it was revealed bank continued to do business with him for years despite labeling him a 'high risk client
daily mail ^

Posted on 06/12/2023 9:22:31 PM PDT by algore

The lawsuit was filed on behalf of one woman but the settlement rewards anyone who was victimized by Epstein, a known pedophile who killed himself in prison in 2019.

The number of victims who may stand to gain from the settlement could reach 100 though it's unclear if there is a limit on the number who can come forward, or whether each is limited in how much they can receive.

'The parties believe this settlement is in the best interests of all parties, especially the survivors who were the victims of Epstein's terrible abuse,' a statement released by JP Morgan on Monday morning said.

David Boies, an attorney acting on behalf of Epstein victims, said: 'The historic recoveries from the banks who provided financial services to Jeffrey Epstein, speak for themselves.

'It has taken a long time, too long, but today is a great day for Jeffrey Epstein survivors, and a great day for justice.'

Sigrid McCawley, another of the victims' lawyers, said: 'The settlements that have been reached are both life-changing and historic for the survivors.

'Money, which for far too long flowed with impunity between Jeffrey Epstein’s global sex trafficking enterprise and Wall Street’s leading banks, is decisively being used for good.

'The settlements signal that financial institutions have an important role to play in spotting and shutting down sex trafficking'.

Brad Edwards, an attorney representing the Jane Doe who launched the case, said: 'The information and support the US Virgin Islands and its legal team provided to the survivors was enormously valuable, and we recognize the importance of the government's continued litigation against JPMorgan Chase to prevent future crimes

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Heated Discussion
KEYWORDS: epstein; money; morgan
This is the fastest mega settlement I have ever seen.

WOW.

I wonder if our grandchildren will ever know the truth or if 75 years won't be enough

1 posted on 06/12/2023 9:22:31 PM PDT by algore
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To: algore

My first WOW was the very first sentence whopper lie in it.


2 posted on 06/12/2023 10:00:43 PM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: algore

So the bank is supposed to fill the role the government evaded for decades. Got it.


3 posted on 06/12/2023 10:17:18 PM PDT by muir_redwoods (Freedom isn't free, liberty isn't liberal and you'll never find anything Right on the Left)
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To: algore

Nothing to see here.....


4 posted on 06/12/2023 10:19:48 PM PDT by Pajamajan ( PRAY FOR OUR NATION. Never be a peaceful slave in a new Socialist America)
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To: algore

Meanwhile, Ghislaine Maxwell is making small rocks out of big ones for trafficking sex to no one in particular.


5 posted on 06/13/2023 1:09:26 AM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: algore

Do the victims have to prove that they actually had sex with somebody by name, or just be a victim of the training program?


6 posted on 06/13/2023 3:20:50 AM PDT by Bernard (“the rights of man come not from the generosity of the state but from the hand of God." JFK 1-20-61)
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To: algore

The news story that still has never been reported about


7 posted on 06/13/2023 4:48:54 AM PDT by VeniVidiVici (Guns don't kill people, Democrats do. )
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To: algore

JP Morgan was courting Soros to be their CEO during obamy’s time.


8 posted on 06/13/2023 5:37:58 AM PDT by bgill
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To: algore
Re: The case against Epstein

With one exception - every criminal and civil accusation against Epstein took place before 2000, and NONE of them took place on Epstein's jet or on Pedo Island.

One case - the woman who claims to have had sex with Prince Andrew in 2001, at age 17, on Pedo Island - is the one exception. The woman also claims she had sex with Prince Andrew in London, but Epstein was not present or even in the country.

In 2018-2019, there was a sudden avalanche of new criminal and civil accusations filed against Epstein in regard to 20 year old alleged events of sexual misconduct.

Almost all of those events had been previously investigated by Florida AG, Pam Bondi, a Republican, and by the Bush appointed US Attorney in Miami.

Almost none of the pre-2000 claims could be verified.

Bondi and the local state prosecutor got Epstein to plead guilty to one count of underage sex. Epstein also paid cash compensation to about 16 women, without admitting any guilt.

If Epstein had simply demanded that the 16 women not be allowed to allege criminal or civil charges in the future, it is likely that nothing would have happened to Epstein in 2018-2019.

Epstein was probably a bad person. But, almost none of the underage sex charges against him could be proved beyond a reasonable doubt.

9 posted on 06/13/2023 10:30:11 AM PDT by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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