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On September 2020, news reports revealed that JPMorgan Chase executives continued to have contact with the convicted sex offender Jeffrey Epstein, even after the bank dropped Epstein as a client in 2013.
Epstein, who was convicted in 2008 of soliciting a minor for prostitution, had been a longtime client of JPMorgan Chase. Financial records from 2018 show that JPMorgan had accepted more than $75 million in deposits from companies and funds connected to Epstein up until December 2013.
The news reports allege that JPMorgan executives provided services to Epstein after it dropped him as a client and that some executives kept in contact with Epstein until 2018. The reports also suggest that JPMorgan executives were well aware of authorities’ investigations into Epstein and that some bank executives had instructed other colleagues not to speak to Epstein.
JPMorgan has not made any official statement in response to these claims. However, the bank did say that it has a zero-tolerance policy on facilitating or engaging any type of criminal activity.
Although the news of JPMorgan’s continued contact with Epstein is concerning, it is important to remember that no criminal charges have been filed against JPMorgan or any of its executives.
Until there is an official statement from JPMorgan or the criminal justice system, it is impossible to know the truth about the bank’s contact with Epstein. Ultimately, it is important that the facts are allowed to speak for themselves and that any criminal acts will be properly investigated and dealt with according to the law.