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JPMorgan Pays the Bill for Enabling Jeffrey Epstein, Forks Over $75 Million to U.S. Virgin Islands .




Convicted pedophile Jeffrey Epstein may be dead, but people are still paying the price for his crimes, and the latest to feel the pain is JPMorgan Chase. The investment giant agreed Tuesday to hand over $75 million to the U.S. Virgin Islands for looking away while the mysterious multimillionaire conducted his extended campaign of sexual abuse and trafficking of underage girls. 

Epstein owned an island in the Territory called Little Saint James, where he carried out many of his escapades. (Disturbingly, he liked to call it “Little Saint Jeff.”) The Virgin Islands initially wanted more in the settlement:

The Virgin Islands, where Epstein had an estate, sued JPMorgan last year, saying its investigation has revealed that the financial services giant enabled Epstein’s recruiters to pay victims and was “indispensable to the operation and concealment of the Epstein trafficking enterprise.” It had been seeking penalties and disgorgement of at least $190 million, in addition to other damages.

In effect, the Virgin Islands had argued that JPMorgan had been complicit in Epstein’s behavior and did not raise any red flags to law enforcement or bank regulators about Epstein being a “high risk” customer and making repeated large cash withdrawals.

Some seriously weird stuff went on at his mansions:

This isn’t the only cash JPMorgan Chase will have to part with due to the saga. In June, a judge gave preliminary approval to a $290 million deal they reached with Epstein victims. 

While the bank refused to sound the alarm on Epstein, they had no problem shutting down the accounts of people who had beliefs or opinions that didn’t have the progressive seal of approval. In fact, in May, 19 Republican states accused JPMorgan of closing bank accounts and discriminating against customers solely due to their political bent or religious beliefs.

But pedophilia? Not a problem. 

Epstein was found dead in his jail cell at the Special Housing Unit of Manhattan Correctional Center in Lower Manhattan in August 2019 in an apparent suicide. I say “apparent” because there were many mysteries about his death, and there was stunning misconduct by the guards on duty. Many believe he simply could not have pulled it off by himself

The sordid tale of Epstein and his “Lolita Express” private jet continues to have ramifications at the upper echelons of power. Many in the elite class have been tied to him, including a pair of Bills: former President Bill Clinton and Microsoft founder Bill Gates. Epstein’s former partner in crime, Ghislaine Maxwell, sits in a Florida federal prison serving a 20-year sentence for luring and grooming the teenage girls that became Epstein’s prey. 

Despite all this—and much, much more—a list of the elite people who participated in Epstein’s perverted lifestyles has never been released. We know it’s out there, but the powerful protect themselves.

Justin Malonson is an is an American internet entrepreneur, software developer, investor, author and technology executive. He is the founder of social-networking service Lyfeloop and CEO of international web-development agency Coastal Media Brand.

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