New Epstein Records Reveal $1 Billion in Transactions Flagged by JPMorgan Chase

Newly unsealed court records are shedding new light on Jeffrey Epstein’s financial network, revealing that JPMorgan Chase reported more than $1 billion in suspicious transactions linked to the disgraced financier just a month after his 2019 death.

According to the records, JPMorgan filed a suspicious activity report with the U.S. Treasury Department on September 26, 2019, detailing billions of dollars in transactions Epstein made between 2003 and 2019. The report cited numerous concerns, including Epstein’s connections to Russian banks Alfa Bank and Sberbank, his ties to U.S. presidents, and his use of multiple accounts.

The documents, unsealed by Judge Jed Rakoff following requests from The New York Times and The Wall Street Journal, were part of a lawsuit between the U.S. Virgin Islands and JPMorgan Chase. The bank settled with Epstein’s victims for $290 million and later paid $75 million to settle with the Virgin Islands, admitting no wrongdoing.

Emails within the documents reveal close contact between Epstein and Jes Staley, a former top JPMorgan executive who later resigned as head of Barclays amid scrutiny over his relationship with Epstein. The emails suggest Epstein offered to connect Staley with high-profile figures, including global leaders and major tech founders.

The records also reference billionaire investor Leon Black, who has said Epstein provided only tax and estate planning advice. Black’s attorney reaffirmed that claim, saying any implication of undue influence is “false and patently absurd.”

The disclosures come amid continued public and political pressure for transparency into Epstein’s dealings. Senator Ron Wyden has pressed JPMorgan for further records, suggesting that bank officials may have overlooked Epstein’s conduct for financial gain.

JPMorgan, in response, expressed regret for maintaining a relationship with Epstein, saying the bank’s executives “would never have continued doing business with him if they believed he engaged in ongoing criminal conduct.”

Credit: CNN Newsource

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