Current:Home > MyJPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein’s sex trafficking operations-InfoLens
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein’s sex trafficking operations
View Date:2024-12-23 10:42:37
NEW YORK (AP) — JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein.
JPMorgan said Tuesday that $55 million of the settlement will go toward local charities and assistance for victims. Another $20 million will go toward legal fees.
The Virgin Islands, where Epstein had an estate, sued JPMorgan last year, saying its investigation has revealed that the financial services giant enabled Epstein’s recruiters to pay victims and was “indispensable to the operation and concealment of the Epstein trafficking enterprise.”
Epstein died by suicide in a federal jail in 2019.
veryGood! (6)
Related
- Mariah Carey's Amazon Holiday Merch Is All I Want for Christmas—and It's Selling Out Fast!
- Man convicted in ambush killing of police officer, other murders during violent spree in New York
- Azerbaijanis who fled a separatist region decades ago ache to return, but it could be a long wait
- Police look to charge 3 men after Patriots fan died following fight at Dolphins game
- Kevin Costner says he hasn't watched John Dutton's fate on 'Yellowstone': 'Swear to God'
- New Hampshire man admits leaving threatening voicemail for Rep. Matt Gaetz
- Israel tells a million Gazans to flee south to avoid fighting, but is that possible?
- What's Making Us Happy: A guide to your weekend viewing and listening
- Digital Finance Research Institute Introduce
- Powerball bonanza: More than 150 winners claim nearly $20 million in lower-tier prizes
Ranking
- West Virginia governor-elect Morrisey to be sworn in mid-January
- Amid fury of Israel-Hamas war, U.S. plans Israel evacuation flights for Americans starting Friday
- Stephen Rubin, publisher of ‘The Da Vinci Code’ and other blockbusters, dies at 81
- Amid a mental health crisis, toy industry takes on a new role: building resilience
- Vikings' Camryn Bynum celebrates game-winning interception with Raygun dance
- Wisconsin Assembly passes transgender sports restrictions, gender-affirming care ban
- Luminescent photo of horseshoe crab wins Wildlife Photographer of the Year prize
- Tips pour into Vermont State Police following sketch related to trail homicide
Recommendation
-
Repair Hair Damage In Just 90 Seconds With This Hack from WNBA Star Kamilla Cardoso
-
Cardinals complex in the Dominican Republic broken into by armed robbers
-
Man pleads guilty to murder in 2021 hit-and-run spree that killed steakhouse chef
-
Audio of 911 calls as Maui wildfire rampaged reveals frantic escape attempts
-
‘Maybe Happy Ending’ review: Darren Criss shines in one of the best musicals in years
-
This week on Sunday Morning (October 15)
-
Lionel Messi and Antonela Roccuzzo's Impressively Private Love Story Is One for the Record Books
-
Solar eclipse livestream: Watch Saturday's rare 'ring of fire' annual eclipse live