Deceased sex offender Jeffrey Epstein allegedly admitted to having sex with young women for money in a July 2006 meeting with disgraced former J.P. Morgan executive Jes Staley, according to a Monday court filing by the U.S. Virgin Islands (USVI).
Epstein and Staley met in person on July 25, 2006, shortly after Epstein was indicted for felony solicitation of prostitution and news reports indicated he was paying young women for massages, the USVI said in its Monday memorandum in support of its motion for partial summary judgement filed in a New York court. (RELATED: JP Morgan Knew About ‘Rock Star’ Epstein Lawyers Silencing Victims As Early As 2006, Filings Allege)
US Virgin Islands Accuses JPMorgan Of Ignoring Jeffrey Epstein’s ‘Nymphettes’ | @DailyCaller
Who is most at-fault when it comes to Jeffrey Epstein? https://t.co/L5XWmi6N83
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“On July 25, 2006, Staley met with Epstein in person, and Epstein admitted to the alleged conduct of engaging in sex for money with young women — only disputing the accuracy of the girls’ ages as stated in the indictment, the court filing reads. The USVI is suing J.P. Morgan for an estimated $190 million for allegedly ignoring Epstein’s activities because he was a wealthy client, Reuters reported.
“Staley communicated the exchange to Erdoes the next day: ‘I went and saw him last night. I’ve never seen him so shaken. He also adamantly denies the ages,'” the filing adds. Mary Erdoes was the CEO of J.P. Morgan’s private bank and allegedly knew about Epstein’s arrest and followed the news coverage surrounding Epstein.
The disgraced financier was sentenced in 2008 for soliciting prostitution from a minor and spent a little over a year in jail, primarily on a work release program, according to The Associated Press. He negotiated a non-prosecution agreement with federal prosecutors to avoid more serious charges.
Communications between Epstein and Staley were previously disclosed by the USVI in a February court filing. The pair exchanged more than 1,000 emails between 2008 and 2012 and some of the emails include cryptic references to Disney princesses.
J.P. Morgan allegedly knew about Epstein’s behavior and handled payments from Epstein to his longtime accomplice Ghislaine Maxwell, the filing asserts. Maxwell was later sentenced to 20 years in prison for conspiring with Epstein to sexually abuse minors.
The bank was also aware of accounts that Epstein’s teenage victims opened in order to receive payments from Epstein, the filing states. One of the victims was known as his “Yugoslavian sex slave” and lived in a building owned by Epstein’s brother, the filing alleges. (RELATED: Why Hasn’t Anyone From Epstein’s ‘Little Black Book’ Been Arrested Yet?)
J.P. Morgan also filed a memorandum Monday in support of partial summary judgement against the USVI. The bank accused the USVI of aiding Epstein’s sex crimes and scapegoating the bank for its own failures. J.P. Morgan previously accused Democratic USVI politicians of giving Epstein preferential treatment and soliciting donations from him.
Federal prosecutors charged Epstein for sex trafficking in July 2019, and the next month he was found dead in his New York City jail cell. Epstein’s death was not recorded by jail cameras and investigators have ruled it a suicide.
J.P. Morgan agreed in June to a $290 million settlement with Epstein victims who filed a class action lawsuit against the bank. Deutsche Bank also settled with the group of Epstein victims in May for $75 million.
J.P. Morgan has said it regrets associating with Epstein and doing business with him, according to Reuters.
“We would never have continued to do business with him if we believed he was using our bank in any way to help commit heinous crimes,” the bank said in a statement.