By Pam Martens and Russ Martens: September 27, 2023 ~ JPMorgan Chase would like the public to believe that it’s going to walk away from the sleaziest financial crime of the century just $365 million poorer in the process. That’s just not going to happen. Yesterday, the bank settled for $75 million the Jeffrey Epstein related claims brought by the Attorney General of the U.S. Virgin Islands, after settling class action claims brought by Epstein’s victims for $290 million in June. (The June settlement was so questionable that we initiated an inquiry into the presiding Judge, Jed Rakoff, who called it a “really fine settlement.”) Both lawsuits alleged that JPMorgan Chase actively participated in Epstein’s sex trafficking of minors enterprise by turning a blind eye to his ongoing crimes and failing to file the legally mandated Suspicious Activity Reports (SARs) as Epstein took upwards of $40,000 to $80,000 in hard cash … Continue reading JPMorgan’s Settlements Reach $365 Million Over Civil Claims It Banked Jeffrey Epstein’s Sex Trafficking of Minors; Criminal Charges Could Lie Ahead