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Towleroad Gay News: US Virgin Islands sues JPMorgan for $190M, alleges bank profited from Jeffrey Epstein’s sex trafficking

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686166 origin 1
Published by
New York Daily News

NEW YORK — The U.S. Virgin Islands is seeking at least $190 million in damages from JPMorgan Chase in a lawsuit alleging the bank benefited financially from disgraced financier Jeffrey Epstein‘s sex trafficking enterprise as well as neglected to report suspicious financial activity. In a filing in federal court in Manhattan, the territory on Friday demanded that JPMorgan Chase shell out $150 million in civil penalties and $40 million in fees and revenues that Epstein generated for the bank while he was a client there. The Virgin Islands government further requested the bank implement an indepe…

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