(New York) The American bank JPMorgan Chase has reached an “agreement in principle” with the victims of deceased financier Jeffrey Epstein, accused of sexual exploitation of minors, the financial institution announced in a press release on Monday.
“The parties believe that this agreement is in the best interests of all parties, in particular the survivors of Mr. Epstein’s horrific abuse,” a joint statement said.
The class action, brought since 2022 by a woman whose identity has not been disclosed, accused JPMorgan Chase of having facilitated the actions of Jeffrey Epstein by allowing him to finance his activities. Charges denied by the bank.
Financial terms of the agreement were not disclosed.
Legal action is also ongoing with the US Virgin Islands government, which sued JPMorgan for the same reasons.
Jeffrey Epstein was sentenced to 13 months in prison in 2008 for leading young girls into prostitution in Florida, according to a secret agreement with a prosecutor allowing him to escape federal prosecution.
Charged and arrested in 2019 for having organized, for several years, a network made up of dozens of young girls under his influence and with whom he had sexual relations in his numerous properties, he committed suicide in prison a few weeks later, before to be judged.
