Two major banks and a bank executive could be liable for Jeffrey Epstein’s sex trafficking, a judge has ruled.
Plaintiffs have presented enough evidence that JPMorgan Chase, longtime JPMorgan executive Jes Staley, and Deutsche Bank could be liable for Epstein’s sex trafficking, U.S. District Judge Jed Rakoff said on May 1 as he rejected motions to dismiss cases brought against Staley and the institutions.
“Plaintiffs have pled sufficient facts to support their allegations that JP Morgan had … knowledge of Jeffrey Epstein’s sex-trafficking venture, either directly or by recklessly disregarding what was plainly to be seen,” Rakoff, a Clinton appointee, wrote in a 54-page decision….