Jeffrey Epstein, the late convicted intercourse offender, used accounts at JPMorgan Chase to pay a minimum of 20 of his victims, in accordance with new particulars in courtroom paperwork filed on Wednesday.

Newly unredacted parts of a criticism introduced by the federal government of the US Virgin Islands, the place Epstein had a house, alleged that the US financial institution “knowingly facilitated, sustained, and hid the human trafficking community” he operated with transactions made by way of JPMorgan accounts.

The ladies “trafficked and abused throughout totally different intervals between a minimum of 2003 and July 2019, when Epstein was arrested and jailed” acquired funds “between 2003 and 2013 in extra of $1 million collectively”, in accordance with the partially unredacted criticism towards JPMorgan.

Epstein pleaded responsible to at least one depend of solicitation of prostitution with a minor in 2008 in state courtroom and was registered as a intercourse offender within the Virgin Islands quickly after. He died by suicide in 2019 whereas awaiting trial on federal expenses that he trafficked underage women.

Epstein’s property reached a $105mn settlement with the Virgin Islands in December.

JPMorgan didn’t instantly reply to a request for remark. Legal professionals for the financial institution have beforehand characterised the criticism as “meritless” in courtroom filings.

Among the many recipients had been ladies with “Japanese European surnames who had been publicly and internally recognized as Epstein recruiters and/or victims”, attorneys for the Virgin Islands claimed, together with one girl recognized in information reviews and JPMorgan’s due diligence as having been solicited by Epstein when she was 14 years previous, who was paid $600,000.

The Virgin Islands authorities additionally alleged that Epstein withdrew greater than $775,000 in money over that interval from JPMorgan accounts, which it stated was “particularly important as Epstein was identified to pay for ‘massages,’ or sexual encounters, in money”.

Workers at JPMorgan raised issues about Epstein at numerous levels, the criticism alleged. It cited a 2010 electronic mail from a member of the financial institution’s danger administration division that learn: “See under new allegations of an investigation associated to baby trafficking — are you continue to comfy with this shopper who’s now a registered intercourse offender.” 

The criticism additionally detailed how Jes Staley, the JPMorgan banker who later turned chief government of Barclays, exchanged greater than 1,200 emails with Epstein, because the Monetary Instances beforehand reported. It additionally contained redacted photos of younger ladies that the criticism alleged had been despatched by Epstein to Staley.

Staley, who labored at JPMorgan till 2013, pressed the financial institution to maintain Epstein’s account regardless of the disgraced financier’s convictions, the FT beforehand reported.

A lawyer for Staley, who will not be named as a defendant within the Virgin Islands lawsuit, declined to remark. In a earlier response to the criticism, JPMorgan stated: “The communications between Epstein and Staley make no point out of the usage of both pressure, fraud, or coercion or the involvement of underage ladies and thus don’t counsel intercourse trafficking.” Staley has beforehand denied any wrongdoing.

Staley’s controversial ties to Epstein ended up prompting his resignation as chief government from Barclays in 2021 following a regulatory investigation into the way in which wherein Staley had described their relationship.

Staley labored at JPMorgan for greater than 30 years and developed ties with Epstein when he was an government within the US financial institution’s asset and wealth administration division, the place Epstein was a shopper.