JPMorgan Chase said the U.S. Virgin Islands gave Jeffrey Epstein more than $300 million in tax incentives and waived sex offender monitoring requirements, shielding the disgraced late financier as he gave cash and gifts to top officials.
Sorry about the thumbnail. From the article:
JPMorgan Chase (JPM.N) said the U.S. Virgin Islands gave Jeffrey Epstein more than $300 million in tax incentives and waived sex offender monitoring requirements, shielding the disgraced late financier as he gave cash and gifts to top officials.
In a Tuesday night court filing, the largest U.S. bank described how Epstein allegedly paid law enforcement entities such as the Virgin Islands Police Department.
The S&P 500 dropped aboutJPMorgan also alleged in the filings that Epstein had ties to U.S. Virgin Islands officials, including former first lady Cecile de Jongh, who the bank said were aware of Epstein’s crimes.
Spokespeople for the U.S. Virgin Islands did not immediately respond to requests for comment after business hours. The territory’s police department and de Jongh did not immediately respond to similar requests.
JPMorgan’s filing, redacted versions of which had already been filed, is part of its defense against a lawsuit in Manhattan federal court by the U.S. Virgin Islands over its relationship with Epstein, a client from 1998 to 2013.
The territory, where Epstein owned two neighboring islands, has accused JPMorgan of facilitating Epstein’s sex crimes by providing banking services, and enabling him to pay his victims.
Sorry about the thumbnail.
Still better than watching the face of u/spez.
Sounds like the article should have been titled “Rich guy paid everyone off to get away with his crimes.”
