JPMorgan Chase & Co.’s ties to Jeffrey Epstein had been a lot deeper and in depth than what the financial institution has acknowledged.
The connection between JPMorgan and Epstein additionally lasted years past when the financial institution introduced they had been closing the intercourse offender’s accounts.
The financial institution additionally reportedly met with Epstein for years after his first conviction.
Banking officers held conferences at Jeffrey Epstein’s New York Metropolis townhouse between 2014 and 2017.
Reuters reported:
The financial institution has mentioned it shut the convicted intercourse offender’s accounts in 2013, however its bankers had been nonetheless assembly with him years later, individuals conversant in the matter mentioned.
JPMorgan Chase & Co. had ties to Jeffrey Epstein that ran deeper than the financial institution has acknowledged and prolonged years past when it determined to shut the convicted intercourse offender’s accounts, in accordance with individuals conversant in the matter.
Mary Erdoes, a prime lieutenant to Chief Govt Jamie Dimon, made two journeys to Epstein’s townhouse on Manhattan’s Higher East Aspect, in 2011 and 2013, when Epstein nonetheless was a shopper of the financial institution, mentioned the individuals conversant in the matter. She exchanged dozens of emails with him and mentioned sharing with him charges associated to a charitable fund the financial institution was contemplating launching, the individuals mentioned.
John Duffy, who ran JPMorgan’s U.S. non-public financial institution for the ultrarich, went to Epstein’s townhouse for a gathering in April 2013, the individuals mentioned. One month later, the non-public financial institution renewed an authorization permitting Epstein to borrow cash towards his accounts regardless of repeated warnings from compliance staffers about his uncommon banking practices.
Justin Nelson, certainly one of Epstein’s bankers at JPMorgan, had a few half-dozen conferences at Epstein’s townhouse between 2014 and 2017, the individuals mentioned. He additionally traveled to Epstein’s ranch in New Mexico in 2016, the individuals mentioned.