Lawsuit claims that officials at the bank ignored warning signs about Epstein’s abuse because he was a wealthy client
JP Morgan Chase has announced a tentative settlement in a legal claim brought by a woman who said that the US banking giant profited from sexual abuse that she and others suffered at the hands of disgraced financier Jeffrey Epstein.
“We all now understand that Epstein’s behavior was monstrous, and we believe this settlement is in the best interest of all parties, especially the survivors, who suffered unimaginable abuse at the hands of this man,” JP Morgan said in a statement. “Any association with him was a mistake and we regret it. We would never have continued to do business with him if we believed he was using our bank in any way to help commit heinous crimes.”
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