📰 JPMorgan to Pay $290 Million to Epstein Victims 💰
JPMorgan Chase don finally agree to pay $290 million to Epstein Victims 🕊️💔, afta weeks of embarrassing tori about di bank relationship with di late financier 😱. David Boies, one of di lead lawyers 🎓 for di victims, talk say di bank don finally gree to settle di lawsuit 💰. Di parties bin no first gree talk di amount, but dem go file am for court within di next week.
Di proposed deal go settle di lawsuit wey dem file for Manhattan federal court on behalf of victims wey suffer sexual abuse from Mr. Epstein 😢👧🏾👩🏽💼. Di victims fit reach pass 100 in number. Di bank and di lawyers for di victims tok say dem don agree “in principle” to settle di matter 🤝 and say di settlement na for di best interest of everybody, especially di survivors wey suffer Epstein terrible abuse. 💔
For di deposition wey last one day, JPMorgan chief executive, Jamie Dimon, bin tok say e no too sabi about Mr. Epstein before dem arrest am for 2019 on top sex-trafficking charges 😳. Mr. Epstein later kill himself for jail 😢💔.
JPMorgan still get one related lawsuit from di government of di U.S. Virgin Islands 🏝️🇺🇸. Na di biggest outstanding Epstein matter afta years of lawsuits against im estate and Ghislaine Maxwell wey dem convict recently for helping am do sex trafficking. 💼⚖️
Di lawsuit by di victims claim say JPMorgan bin dey ignore warnings say Mr. Epstein dey do bad bad things 🚫👀, even afta im register as sex offender and plead guilty for 2008 case 🙅♂️. Di bank bin overlook red flags sake of say dem see am as wealthy customer wey dey connect wit even wealthier people. 💰💔
Di bank documents show say employees bin file suspicious-activity reports about Mr. Epstein cash withdrawals 💸. Di bank bin still dey do business wit am despite say media dey report say e dey abuse small girls and pay plenty young women 💔👧🏾💔.
JPMorgan don provide banking services for Mr. Epstein from 1998 to 2013 — dis na di time wey e do di worst things wey dem accuse am of, as e get big-big house for plenty places 🏠. Di bank don talk say any association wit am na mistake and dem regret am 😔🙏.
Di same lawyers wey dey represent Mr. Epstein victims don also negotiate one $75 million settlement with Deutsche Bank last month 🏦. Di settlements still need Judge Rakoff approval. 💼✅
Di victims go receive anywhere from $75,000 to $5 million in restitution for di Deutsche Bank settlement. Di settlements go add to di relief wey plenty victims don already collect from Mr. Epstein estate wey don pay out like $150 million to more than 125 victims. 💰💔
Di Virgin Islands still get one enforcement action against JPMorgan, say dem go make sure dem pay for dia own violations of law 🌴⚖️.
Overall, dis settlement na one major step for di Epstein victims 🕊️🙏. E show say financial institutions get important role to play for spotting and stopping sex trafficking. Di victims’ lawyers dey hope say dis go bring “full justice” to di victims and send message to odas. 💔✊
NOW IN ENGLISH
📰 JPMorgan to Pay $290 Million to Epstein Victims 💰
JPMorgan Chase has finally agreed to pay $290 million to Epstein Victims 🕊️💔, after weeks of embarrassing stories about the bank’s relationship with the late financier 😱. David Boies, one of the lead lawyers 🎓 for the victims, has stated that the bank has finally agreed to settle the lawsuit 💰. The parties did not initially agree on the amount, but they will file it in court within the next week.
The proposed deal will settle the lawsuit filed in Manhattan federal court on behalf of the victims who have suffered sexual abuse from Mr. Epstein 😢👧🏾👩🏽💼. The number of victims may exceed 100. The bank and the lawyers for the victims have stated that they have agreed “in principle” to settle the matter 🤝 and that the settlement is in the best interest of everybody, especially the survivors who have suffered Epstein’s terrible abuse. 💔
During the one-day deposition, JPMorgan’s chief executive, Jamie Dimon, said he was not very familiar with Mr. Epstein before his arrest in 2019 on sex-trafficking charges 😳. Mr. Epstein later killed himself in jail 😢💔.
JPMorgan still faces a related lawsuit from the government of the U.S. Virgin Islands 🏝️🇺🇸. This is the biggest outstanding matter related to Epstein after years of lawsuits against his estate and Ghislaine Maxwell, who was recently convicted for aiding him in sex trafficking. 💼⚖️
The lawsuit filed by the victims claims that JPMorgan ignored warnings about Mr. Epstein engaging in illegal activities 🚫👀, even after he registered as a sex offender and pleaded guilty in a 2008 case 🙅♂️. The bank overlooked red flags because they saw him as a wealthy customer who connected with even wealthier individuals. 💰💔
Bank documents show that employees filed suspicious-activity reports regarding Mr. Epstein’s cash withdrawals 💸. The bank continued to do business with him despite media reports of his abuse of underage girls and payments to numerous young women 💔👧🏾💔.
JPMorgan provided banking services to Mr. Epstein from 1998 to 2013 — the time during which he engaged in the most egregious activities he was accused of, as he had properties in various locations 🏠. The bank has acknowledged that any association with him was a mistake and they regret it 😔🙏.
The same lawyers representing Mr. Epstein’s victims have also negotiated a $75 million settlement with Deutsche Bank last month 🏦. The settlements still require Judge Rakoff’s approval. 💼✅
The victims will receive restitution ranging from $75,000 to $5 million in the Deutsche Bank settlement. These settlements will add to the relief that many victims have already received from Mr. Epstein’s estate, which has paid out over $150 million to more than 125 victims. 💰💔
The Virgin Islands still have an enforcement action against JPMorgan, ensuring that they pay for their own violations of the law 🌴⚖️.
Overall, this settlement is a major step for the Epstein victims 🕊️🙏. It demonstrates the important role that financial institutions have in spotting and stopping sex trafficking. The victims’ lawyers hope that this will bring “full justice” to the victims and send a message to others. 💔✊
