JPMorgan settles Epstein lawsuit with US Virgin Islands for $75 million


  • World
  • Tuesday, 26 Sep 2023

FILE PHOTO: JPMorgan Chase Bank is seen in New York City, U.S., March 21, 2023. REUTERS/Caitlin Ochs//File Photo

NEW YORK (Reuters) -JPMorgan Chase reached settlements with the U.S. Virgin Islands (USVI) and former executive Jes Staley to resolve lawsuits over sex trafficking by the disgraced financier Jeffrey Epstein, largely resolving a scandal that has weighed on the largest U.S. bank for months.

The settlements conclude the final pieces of major litigation in a saga involving women who said Epstein sexually abused them, and which embroiled some of the world's most powerful figures in finance and business.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Ecuador soldiers sentenced to decades in prison over disappearance of murdered boys
South Africans dragged into Russia's war in Ukraine dig trenches, dodge bullets
Pope Leo's new US bishops are critics of Trump's migrant crackdown
Bangladesh editors warn of 'fight for survival' as mob violence targets media
Exclusive-How immigration swallowed up federal gun crime efforts
Germany charges suspected former Syrian intelligence agent with murder in Assad jail
Romanian president says judiciary will be investigated to address claims of abuses
French PM races to pass stopgap budget law to avoid shutdown
Trump names Louisiana governor as Greenland special envoy, prompting Danish alarm
Analysis-Orban's giveaways still not turning election tide in Hungary

Others Also Read