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Bank pays £62m to settle Epstein sex traffick claim

Daily Express

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September 27, 2023

A MULTIMILLION dollar lawsuit which questioned Prince Andrew's claims about ending his friendship with Jeffrey Epstein has been settled.

- Christopher Bucktin

Bank pays £62m to settle Epstein sex traffick claim

American banking giant JP Morgan Chase has agreed to pay £61.6million to the US Virgin Islands after claims the bank enabled the sex trafficking acts committed by the late sex offender.

More than £45million of the agreement will go toward local charities and assistance for victims. And another £16million will go toward legal fees.

JP Morgan confirmed the deal yesterday, saying it did not admit liability as part of the deal but "deeply regrets" working with Epstein.

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