Hi Welcome You can highlight texts in any article and it becomes audio news that you can hear
  • Wed. Nov 6th, 2024

JPMorgan CEO Jamie Dimon to be deposed in Epstein case

Byindianadmin

Mar 30, 2023
JPMorgan CEO Jamie Dimon to be deposed in Epstein case

Dimon will be spoken with in a case where ladies are taking legal action against the United States bank for presumably making it possible for Epstein’s sex trafficking.

JPMorgan Chase & & Co’s Chief Executive Officer Jamie Dimon will be spoken with under oath in connection with the bank’s relationship with Jeffrey Epstein, the late sex transgressor and a previous customer, a legal representative associated with the lawsuits has actually stated.

The deposition is anticipated to happen in early May, Brad Edwards, an attorney representing ladies who declare to have actually been sexually abused by Epstein, stated on Tuesday. The females are taking legal action against the biggest bank in the United States for presumably allowing the investor’s sex trafficking.

JPMorgan decreased to comment.

Epstein had actually been a JPMorgan customer from 2000 to 2013, with the last 5 years following he had actually pleaded guilty to a Florida prostitution charge.

JPMorgan is safeguarding 2 suits, in Manhattan federal court, looking for damages over its transactions with Epstein: a proposed class action by Epstein’s accusers and a case brought by the United States Virgin Islands, where Epstein owned a house.

The bank is likewise taking legal action against Jes Staley, a previous personal banking chief and later on Barclays PLC president who had actually gotten along with Epstein.

JPMorgan desires Staley to compensate it for 8 years of payment and harms it may sustain in the other suits.

The Financial Times previously reported Dimon’s anticipated deposition.

Pointing out an individual knowledgeable about an internal JPMorgan probe, the paper stated there was no record discovered of Dimon remaining in direct interaction with Epstein or consisted of in any conversation over maintaining him as a customer.

On March 9, a federal judge bought JPMorgan to offer the United States Virgin Islands files worrying Dimon from 2015 to 2019, after Epstein had actually been dropped as a customer, declining the bank’s claim that the area was on a “fishing exploration”.

Deutsche Bank, where Epstein patronized from 2013 to 2018, is likewise being taken legal action against by the investor’s accusers.

Epstein passed away by suicide in a Manhattan prison cell at age 66 in August 2019 while waiting for trial for sex trafficking.

Find out more

Click to listen highlighted text!