Anti-Financial Crime & Financial Crime Compliance
Leadership | Insight | Network

AML, Financial Crime, US

JPMorgan ignored Epstein’s ‘nymphettes,’ US Virgin Islands says

FILE PHOTO: Houses are seen at Little St. James Island, one of the properties of financier Jeffrey Epstein, near Charlotte Amalie, U.S. Virgin Islands August 17, 2019. REUTERS/Marco Bello/file photo

By Jonathan Stempel

The U.S. Virgin Islands unveiled new accusations against JPMorgan Chase over the bank’s ties to former client Jeffrey Epstein, including executives discussing how the disgraced late financier surrounded himself with “nymphettes.”

JPMorgan countered that the U.S. Virgin Islands was also to blame for allowing Epstein’s sexual abuse of young women and teenage girls, saying the territory used its powers to enable these crimes.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!