JPMorgan Settles $75 Million with US Virgin Islands Over Epstein's Sex Trafficking Case

Settlement Reached JPMorgan to pay $75 million to settle the US Virgin Islands' lawsuit regarding Epstein's sex trafficking involvement.

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Previous Settlement The bank had already reached a $290 million settlement with Epstein's victims.

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Resolution of Cases The settlements resolve the bank's remaining litigation linked to its association with Jeffrey Epstein.

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Charitable Support $30 million of the settlement will go towards USVI charitable organizations.

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Combatting Trafficking $25 million allocated to enhance USVI law enforcement efforts against human trafficking.

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Legal Fees The settlement also includes $20 million for attorney fees.

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Long-Running Association JPMorgan had provided banking services to Epstein since 1998 but terminated the relationship in 2013, raising questions about its actions.

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