2023-07-17 -Signs, Portents, and the Weather-
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US Virgin Islands demands $190M grift from JPMorgan in Jeffrey Epstein case
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[NYPOST] The US Virgin Islands said it wants JPMorgan Chase to pay at least $190 million to resolve a lawsuit accusing the largest US bank of ignoring the disgraced late financier Jeffrey Want Some Candy, Little Girl? Epstein
...A high class pimp financier who was alleged to maintain a stable of underage whores sex slaves who were paid big bucks to entertain the rich and/or famous. He was really surprised when he commited suiciede...
’s sex trafficking.
In a Friday filing in federal court in Manhattan, the territory said it wants JPMorgan to pay a $150 million civil fine, and give up at least $40 million from its 15-year relationship with Epstein.
It also wants JPMorgan to pay compensatory damages suffered by Epstein’s victims, as well as punitive damages.
A large payout is appropriate because JPMorgan "lacked the economic incentive and motivation to place compliance with the law and prevention of trafficking ahead of its own profits," the territory’s lawyer said in the filing.
JPMorgan did not immediately respond to requests for comment.
Friday’s letter marks the first time the US Virgin Islands has put a dollar figure on any sum it wants JPMorgan to pay for relationship with Epstein.
The territory wants JPMorgan held liable for providing banking services to Epstein from 1998 to 2013, enabling him to pay his victims, and ignoring internal warnings and other red flags because it valued him as a wealthy client.
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Posted by Fred 2023-07-17 00:00||
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