Women are suing Deutsche Bank and JPMorgan for ties to Epstein


(Reuters) – Women who accused Jeffrey Epstein of sexual assault filed a lawsuit on Thursday against Deutsche Bank AG and JPMorgan Chase & Co, alleging that the late financier’s alleged sex trafficking operation defrauded the banks financially. It was beneficial

The women, who were not identified in the lawsuit, cite US federal anti-sex trafficking laws and are seeking class action status, according to two separate lawsuits filed in the US District Court for the Southern District of New York. Is doing.

“We believe this claim is baseless and will present our arguments in court,” Deutsche Bank said in a statement.

JPMorgan representatives declined to comment on the lawsuit, which was first reported by The Wall Street Journal.

Epstein committed suicide on August 10, 2019, in his cell at the Metropolitan Correctional Center while awaiting trial on sex trafficking charges. His staunch ally, British socialite Ghislaine Maxwell, was sentenced in July to 20 years in prison for helping to recruit and care for underage girls for at least 10 years.

In the lawsuit filed Thursday, the plaintiffs allege that they have provided “necessary financial support for the continuation of the activities of Epstein’s International Sex Trafficking Organization” in violation of the Racketeering of Influenced and Corrupt Organizations Act (RICO) , a US law that was illegal. conspiracies originally designed to tackle organized crime.

“Epstein’s sex trafficking venture would not have been possible without the aid and collusion of a financial institution – specifically a banking institution – that afforded the sex trafficking enterprise the presence of legitimacy and special treatment that would make the enterprise could continue.” safeguarded and the sexual exploitation and sex trafficking of young women and girls,” the lawyers for the anonymous plaintiffs in the Deutsche Bank lawsuit wrote.

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New York on Thursday opened a one-year window allowing adult victims of sexual abuse to file cases that were previously too old to be considered by the court.

In June, a federal court in Manhattan ruled separately that Deutsche Bank would face a separate lawsuit from a shareholder who claimed the bank concealed its actions by doing business with high-risk, wealthy clients like Epstein. used to be.

(Reporting by Megan Davis and Susan Heavey; editing by Daniel Wallis)




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