Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Lebanese Ministry of Health: One person was killed in an Israeli airstrike on a car in the town of Burj Qalawieh, south Lebanon.
Al Mayadeen correspondent: The first ship of the Maghreb fleet delivering aid to break the siege on Gaza departs from the port of Gammarth in Tunisia.
Channel 12: Airspace closed at Ramon Airport due to fears of drone infiltration
IOF Spokesperson: Sirens sounded over an aircraft infiltration in the Bir Ora area, and details are being examined
Drone infiltration sirens sound north of the Gulf of Aqaba
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out five extremely violent raids on the western areas of Gaza City
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out major bombings in the Gaza Strip, the most violent since October 7
Yemeni Armed Forces spokesperson Brigadier General Yahya Saree: The missile force carried out a major operation using the Palestine 2 ballistic hypersonic missile, hitting several targets in occupied Yafa.
Sirens sound in large areas of occupied Palestine after a missile launch from Yemen was detected
Al Mayadeen's correspondent: 14 martyrs arrive at al-Shifa Hospital following Israeli massacre of al-Sultan Family north of Gaza.

Virgin Islands accuses JPM of facilitating Epstein sex trafficking

  • By Al Mayadeen English
  • Source: Agencies
  • 16 Jul 2023 13:25
3 Min Read

The US Virgin Islands files a lawsuit against the bank and demands that JPM introduces changes to detect and prevent human trafficking.

  • x
  • Virgin Islands accuse JPMorgan of facilitating Epstein sex trafficking
    The logo of JPMorgan Chase bank on a wall in the background of individuals' silhouettes (AFP)

The US Virgin Islands demanded a $190 million compensation for the damage caused by the American financial giant JPMorgan Chase, accusing the bank of facilitating Jeffrey Epstein’s sex trafficking.

A lawsuit was filed last year by the Virgin Islands against JPM, accusing it of dismissing signs that Epstein was conducting suspicious activities by bringing wealthy clients to his island.

Last month, the largest bank in the United States agreed to pay a $290 million settlement in a similar lawsuit filed presented by an unnamed woman, representing herself and other victims.

Read more: US Virgin Islands subpoenas Musk over Epstein sex trafficking lawsuit

Just weeks before the Jane Doe case was concluded, Deutsche Bank agreed to pay $75 million to settle a class-action lawsuit by women also accusing the German financial institution of facilitating sex trafficking carried out by Epstein.

According to court documents, Epstein was a JPMorgan client from roughly 2000 to 2013 and a Deutsche Bank client from 2013 to 2018.

Related News

Major global bank says potential dollar crisis looming

Russian court orders seizure of $260m Deutsche Bank assets

An Investigation by The Wall Street Journal in April, citing obtained documents, revealed that Justin Nelson, a banker of Epstein's at JPMorgan, had many meetings with the convict at his home between 2014 and 2017. According to the report, Nelson also visited his property in New Mexico in 2016.

The American bank denied the charges, saying the government of the US Virgin Islands protected Epstein at his private residence, adding that it will challenge the lawsuit as the trial is set to begin in October.

Read more: New evidence unmasks Jeffrey Epstein's network of power

Virgin Islands authorities said on Friday that, in addition to damage payments, it will demand that JPM introduces changes in how it detects and reports human trafficking.

“Financial penalties, as well as conduct changes, are important to make sure that JPMorgan Chase knows the cost of putting its own profits ahead of public safety,” the US Virgin Islands’ attorney-general Ariel Smith said of the case.

The request also includes that the bank outsources an independent auditor to ensure that it “does not prioritize profits over its duty to report suspicious activities."

“I am gratified that the victims have received some measure of compensation from the bank, but more needs to be done to hold JPMorgan Chase accountable and to ensure this does not happen to another generation of women and girls,” Smith said.

In 2019, Epstein was charged with trafficking underage girls for sexual exploitation. He was later found dead in his jail cell with fatal neck injuries. It was alleged that his death was a suicide.

  • Deutsche Bank
  • JPMorgan
  • Jeffrey Epstein
  • US Virgin Islands

Most Read

The damaged building in the Katara neighborhood, Doha, Qatar, September 9, 2025 (Social media)

Hamas delegation survives Israeli assassination attempt in Qatar

  • Politics
  • 9 Sep 2025
Israeli police and rescue teams respond at the scene of a shooting attack where several people killed and injured in Jerusalem, Monday, Sept. 8, 2025 (AP)

Al-Quds shooting: 7 settlers killed, several critically injured

  • Politics
  • 8 Sep 2025
Pro-"Israel" conservative Charlie Kirk shot during Utah speech

Pro-'Israel' far-right Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
People protest against Israeli Prime Minister Benjamin Netanyahu during the 79th session of the United Nations General Assembly, in New York, on Friday, September 27, 2024 (AP)
Politics

'Israel' stops unfunded diplomacy ahead of UN, October 7 memorial

An Israeli Air Force fighter jet releases flares over the Gaza Strip, is seen from southern occupied Palestine, Thursday, May 8, 2025 (AP)
Politics

OIC summit draft: Israeli attack on Qatar risks normalization

People shout slogans and hold Palestinian flags while protesting during the twenty-first stage of La Vuelta cycling race from Alalpardo to Madrid, Spain, Sunday, Sept. 14, 2025. (AP)
Sports

Pro-Palestine protests force abrupt end to Vuelta a España finale

Damage is seen after an Israeli strike targeted a compound that hosted Hamas' political leadership in Doha, Qatar, on Wednesday, September 10, 2025 (AP)
Politics

Israeli regime faces growing isolation over Qatar strike: Reports

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS