Wednesday, March 5, 2025

Tag: JPMorgan Chase Hit with Lawsuit for Facilitating Jeffrey Epstein’s Crime Network; Similar Charges Were Brought Against It for Facilitating Madoff’s Ponzi Scheme

JPMorgan Chase Hit with Lawsuit for Facilitating Jeffrey Epstein’s Crime Network; Similar Charges Were Brought Against It for Facilitating Madoff’s Ponzi Scheme

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    by Pam Martens and Russ Martens, Wall St On Parade:

    Making headlines around the world last week was the news that the Attorney General of the U.S. Virgin Islands, Denise George, was fired just days after she filed a federal lawsuit against JPMorgan Chase, charging it with facilitating the sex trafficking of children by Jeffrey Epstein. George was fired by the Governor of the Virgin Islands, Albert Bryan Jr.

    Unfortunately, those headlines and the mainstream news articles that accompanied them, fail to capture the worst parts of this story, which includes the following: the 30-page lawsuit filed by Attorney General George on December 27 in the Federal District Court for the Southern District of New York includes a “Sealed Document Placed in Vault” according to the Docket Sheet in the case; after the paragraph headlined as “JP Morgan Ignored Obvious Red Flags Relating to Epstein’s Accounts,” large segments of the lawsuit have been redacted with black lines covering full paragraphs; pages 15 through 22 of the lawsuit are completely white, with no black line redactions and no text; the case has been assigned to Judge Jed Rakoff, who lately seems to be the only Judge in that large courthouse that is allowed to oversee sensitive matters pertaining to JPMorgan Chase – the largest bank in the U.S. which has a rap sheet that reads like the Gambino crime family and which has racked up five criminal felony counts – to which it pleaded guilty. (See Judge Rakoff Signs a Dangerous Protective Order in Whistleblower Case Against 5-Count Felon JPMorgan Chase.)