JPMorgan Chase CEO Jamie Dimon will be forced to give sworn testimony over his bank’s ties to Jeffrey Epstein as part of two lawsuits filed against the Wall Street giant — one by the US Virgin Islands and another by an alleged victim of the late pedophile.
Dimon will be deposed as part of a lawsuit alleging that JPMorgan profited from Epstein’s sex-trafficking activities, according to Bloomberg News.
JPMorgan Chase has denied the allegations.
Epstein continued banking with JPMorgan Chase despite his 2008 conviction for procuring a child for prostitution in Florida.
Earlier this month, US District Judge Jed Rakoff ordered JPMorgan Chase to turn over documents linked to Dimon from 2015 to 2019 — the period after the bank dropped Epstein as a client.
Attorneys for the US Virgin Islands say Dimon is “a likely source of relevant and unique information” about why the bank kept servicing Epstein.
The US Virgin Islands also wants information about Epstein’s alleged referrals of wealthy clients.
The US Virgin Islands is seeking damages from JPMorgan for allegedly aiding in Epstein’s sex-trafficking by keeping him as a client, and missing red flags about his misconduct on Little St. James, a private island he owned.
Epstein had been a JPMorgan client from 2000 to 2013. He killed himself in a Manhattan jail cell in August 2019 while awaiting trial on federal sex-trafficking charges.
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