Testimony counters claims that the bank ignored signs of malfeasance, including Epstein’s large monthly cash withdrawals
JP Morgan CEO Jamie Dimon has said in a court deposition that he did not recall ever hearing about convicted sex trafficker Jeffrey Epstein or his sexual abuse crimes against teenage girls until the financier was arrested in 2019, countering claims that the bank ignored signs of malfeasance, including Epstein’s large monthly cash withdrawals.
In transcripts of the deposition obtained by the Guardian, Dimon was asked if he had ever heard the name Jeffrey Epstein before the arrest. Dimon responded: “Not that I recall.” He said he first heard about Epstein “when the story blew wide open. He was arrested, and all the stories came out about all the people he knows. And the reason I remember that is I was surprised that I didn’t know about it before.”
About Author
More Stories
EU should spare carmakers from ‘punitive’ emissions fines, says Scholz
Albania bans TikTok for a year after fatal stabbing of teenager last month
Netflix snaps up US broadcast rights for Women’s World Cup in ‘landmark deal’