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-Signs, Portents, and the Weather-
US Virgin Islands demands $190M grift from JPMorgan in Jeffrey Epstein case
2023-07-17
[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.

Related:
Virgin Islands: 2023-07-06 Ukrainian Perspective: Invasion of Ukraine: July 5th, 2023
Virgin Islands: 2023-05-16 Google Co-Founder Larry Page Vanishes as Authorities Try to Subpoena Him in Jeffrey Epstein Investigation
Virgin Islands: 2023-05-05 Billionaire Stephen Deckoff snaps up dead pedophile Jeffrey Epstein's two private islands for $60million - including one where he sexually abused children – to develop state of the art luxury resorts
Related:
JPMorgan Chase: 2023-05-27 JPMorgan reportedly slashed close to 500 companywide jobs this week
JPMorgan Chase: 2023-05-16 Google Co-Founder Larry Page Vanishes as Authorities Try to Subpoena Him in Jeffrey Epstein Investigation
JPMorgan Chase: 2023-05-11 Regional force could exit DRC by June; President Tshisekedi hints
Posted by:Fred

#7  All I can think of is Dr. Evil: "One million dollars!"
Posted by: M. Murcek   2023-07-17 11:34  

#6  Maybe they're not Virgin any more?
Posted by: Frank G   2023-07-17 11:32  

#5  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.

I'm hard pressed to figure out how exactly the territory of USVI suffered any damages here.
Posted by: Raj   2023-07-17 11:26  

#4  Still wondering what the now CONCRETE FILLED Basement there looked like, and what it housed?

It must have been really damning, to have so many Elite's backdoor'ing $$$$$$ in, to send a 3 SHIP loads of ready mix to fill it in.
Posted by: NN2N1   2023-07-17 07:23  

#3  All the victims ought to sue JP Morgan and the US Virgin Islands for facilitating this evil.
Posted by: Super Hose   2023-07-17 06:30  

#2  A regional history of pirating, slavery, and corruption. Who knew ?
Posted by: Besoeker   2023-07-17 06:12  

#1  An officer I know did security work there for a week or two. While there he investigated 9 homicides outside resort areas. Drugs and crime rampant outside resort areas. Deodorant stick $10.00, 17 dollars a pound for hamburger. Everything is imported.
Posted by: Dale   2023-07-17 03:41  

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