Bank employees also met with Epstein after his accounts were closed to discuss other clients and introductions he could make to potential clients, the newspaper said, citing people familiar with the meetings. The interaction with Epstein was typical for a client of the private bank, a JPMorgan spokesman said after the article was published. JPMorgan is being sued in Manhattan federal court by women who said Epstein sexually abused them, and by the government of the U.S. Virgin Islands, where Epstein owned a private island. JPMorgan did business with Epstein as early as 1998, and managed about 55 Epstein-related accounts worth hundreds of millions of dollars. Epstein was a client for about five years after he pleaded guilty in 2008 to a Florida state prostitution charge.

Source: Wall Street Journal April 22, 2023 11:59 UTC