Follow The Money: The Kings Ransom JP Morgan Spent On Epstein Related Legal Expenses

JPMorgan Chase ended up spending at least $20 million in legal fees as part of its $75 million settlement with the U.S. Virgin Islands over allegations of facilitating Jeffrey Epstein’s sex trafficking operations. This settlement included $55 million for local victim and enforcement programs, $10 million dedicated to mental health services for survivors, and $20 million explicitly earmarked for covering legal expenses tied to defending those claims

In addition, the bank incurred substantial legal costs defending itself in a class-action lawsuit by Epstein’s victims, which resulted in a separate $290 million settlement. Although detailed breakdowns of legal fees for that settlement aren’t public, internal figures indicate that JPMorgan paid over $1 billion in total legal expenses over a recent six-month period, driven in large part by litigation related to Epstein and other controversies.


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source:

JPMorgan legal fees in Jeffrey Epstein sex traffick cases revealed (cnbc.com)

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