Jeffrey Epstein’s victims have filed lawsuits against two major banks accusing them of helping his sex trafficking empire, according to a new report.
The Wall Street Journal reported that several women who fell prey to Epstein’s sexual abuse have filed legal claims against JP Morgan Chase and Deutsche Bank for ignoring warning signs about the late pedophile’s crime.
Attorney Bradley Edwards said so the news that Epstein had not acted alone during his decades of grooming and sexually abusing young girls.
“The time has come for the real facilitators to be held accountable, especially his wealthy friends and the financial institutions that have played an integral role,” said Edwards.
The two victims, who want to start a class action lawsuit, have not been identified.
A spokesman for JP Morgan Chase said TUSEN they declined to comment.
TUSEN has asked Deutsche Bank for comment.
In a statement to the news, a spokesman for Deutsche Bank said: “We believe this claim is baseless and will present our arguments in court.”
Epstein committed suicide while in jail awaiting trial on federal sex trafficking charges in August 2019.
This is evident from the lawsuit against JP Morgan, a woman, a former ballet dancer, was sexually assaulted by Epstein and his friends from 2006 to 2013.
She claims that large sums of money were extracted from JP Morgan to pay her and other victims cash for sexual acts.
In a separate lawsuit against Deutsche Bank, another woman claims she was trafficked for sex by Epstein between 2003 and 2018.
The claim accuses Deutsche Bank of turning a blind eye to payments made to her and other women.
Under the Bank Secrecy Act, financial institutions are required to monitor and report suspicious activity related to illegal activities such as human trafficking.
During Ghislaine Maxwell’s trial for underage sex trafficking in New York last December, the court heard how the socialite received $31 million from Epstein for helping him recruit and abuse young victims.
The JP Morgan Chase lawsuit alleges that Maxwell kept accounts with the bank.
In 2020, New York State financial regulators fined Deutsche Bank $150 million for lack of oversight of Epstein’s suspicious transactions.