Big Bank Will Pay Massive Sum To Settle Epstein Victim Lawsuit | Eastern North Carolina Now

    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Ben Zeisloft.

    Deutsche Bank agreed to pay $75 million to settle a lawsuit accusing the company of failing to recognize the sex trafficking conducted by Jeffrey Epstein, the deceased pedophile hedge fund manager who was once a client of the firm.

    Lawyers for an alleged Epstein victim, identified only as Jane Doe in court documents, filed a lawsuit against Deutsche Bank earlier this year and claimed that the German financial institution knowingly benefited from the Epstein trafficking scheme. Deutsche Bank received most of the Epstein hedge fund's business after his partnership with JPMorgan Chase, the largest investment bank in the United States, concluded in 2013.

    Edwards Pottinger, one of the law firms representing the victim and other women, said in a statement that the settlement with Deutsche Bank "will allow dozens of survivors of Jeffrey Epstein to finally attempt to restore their faith in our system knowing that all individuals and entities who facilitated Epstein's sex trafficking operation will finally be held accountable." Boies Schiller Flexner, another law firm which represents the victims, likewise said that "the scope and scale of Epstein's abuse, and the many years it continued in plain sight, could not have happened without the collaboration and support of many powerful individuals and institutions."

    U.S. District Judge Jed Rakoff tossed most charges against JPMorgan Chase and Deutsche Bank earlier this year in the proposed class action lawsuits from the Epstein accuser, who was joined by officials from the U.S. Virgin Islands, where Epstein owned an island estate called Little St. James before his apparent suicide in 2019. Lawyers are allowed to contend that the firms benefited from the sex trafficking scheme by providing Epstein with financial services.

    "Epstein's sex trafficking operation was impossible without the assistance of JPMorgan Chase, and later Deutsche Bank, and we assure the public that we will leave no stone unturned in our quest for justice for the many victims who deserved better from one of America's largest financial institutions," lawyers for the U.S. Virgin Islands and the Epstein victim previously said.

    Epstein worked with JPMorgan Chase between 1998 and 2013 despite pleading guilty to two counts of soliciting prostitution from a teenage girl in 2008.

    The disgraced late financier had a deeper relationship with employees of the investment bank than the company previously admitted, according to a recent report from The Wall Street Journal. Mary Erdoes, a senior lieutenant to veteran JPMorgan Chase CEO Jamie Dimon, visited Epstein's townhouse on the Upper East Side of Manhattan in 2011 and 2013, unnamed people familiar with the matter told the outlet. Erdoes also corresponded with Epstein via email about a charitable fund JPMorgan Chase was seeking to launch.

    John Duffy, who formerly led JPMorgan Chase's private bank, reportedly visited the townhouse in 2013 for a meeting. The company renewed an authorization one month later, permitting Epstein to borrow funds against his account despite multiple warnings from compliance officers. Justin Nelson, a banker who worked with Epstein at JPMorgan Chase, traveled to a New Mexico ranch owned by the pedophile in 2016 and participated in a handful of meetings at the Manhattan townhouse between 2014 and 2017.


    Dimon is scheduled to be deposed behind closed doors this month. Attorneys uncovered communications from employees who mentioned a "Dimon review" into the firm's relationship with Epstein, according to a report from the Financial Times based on unnamed sources.

    Lawyers for the U.S. Virgin Islands issued a subpoena against Elon Musk this week for alleged documents related to the legal proceedings against JPMorgan Chase. The Tesla and SpaceX chief executive, who is not accused of wrongdoing, denies that he had any such documents.

In light of continued developments, primarily since 2008, there exists in these United States a Legal System which operates on a proved Two Tiered approach to justice rendered, which primarily benefits Democratic Elites and Woke Ideological Virtue Signalers, representing their co-dependent wards, to the expressed exclusion of normal hardworking American citizens: What is your suggestion in remedying this widespread injustice and, if not corrected, its existential outcome for our Constitutional Republic?
  Complete overhaul of the Department of Justice and their enforcers - the FBI - to reflect a far more honest justice system to keep patriots remaining calm.
  Disband the FBI, and request that congress investigate all unethical and non patriotic practices to partially right the wrongs of a distrusted and politically weaponized "Department of Justice."
  Continue with the current system since the two tiered justice system has been so remarkably beneficial to Democratic Socialist political hegemony; chronic distrust in institutions notwithstanding.
578 total vote(s)     What's your Opinion?

Since only about 20% of the News Media has any shred of Journalistic Integrity remaining: How does our Constitutional Republic continue without a "Free Press"?
  Demand real information, using real sources, backed up by facts.
  Promote real journalist entities only, and admonish those that prostitute their profession.
  We Democratic Socialists are doing just fine, thank-you, by promoting lies while having very little real knowledge about so much.
253 total vote(s)     What's your Opinion?

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Big Bob said:
( June 5th, 2023 @ 9:04 am )
Stan, on this issue I agree with you. Powerful people on both sides were involved. No way he just magically died. R or D nobody wanted that man to talk.
( June 4th, 2023 @ 11:16 am )
Big Bob: You troll this site, you don't read this platform.

This is a journalistic, real news platform, unlike the places you Leftists frequent to get your talking points.

It has been reported, and will continue to be reported how the corrupt FBI would not investigate Epstein's death; even pissed off real AG Bill Barr.
Big Bob said:
( June 4th, 2023 @ 9:55 am )
Dude, they were all involved with him That's why they leave it alone.
( June 4th, 2023 @ 4:02 am )
If President Trump was so involved with Epstein, why has not the corrupt Democratic Socialist Media, and the corrupted FBI investigate who killed Epstein in prison?

The answer: They have a substantive idea of what and who they may find at the nexus of his death.

This is another major scandal swept under the increasingly corrupt Democratic Socialist rug.

There are no real journalists in the Democratic Socialist Propagandist Media.

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