Jamie Dimon, head of JP Morgan, is under pressure to answer for his connection to Jeffrey Epstein. Lawsuits from Epstein’s victims say that the bank protected him and that Dimon was personally involved in doing so.
The plaintiffs are asking the bank to produce communication with Epstein and his employees, including personal communication with Dimon. The bank has refused to do so saying it would be unduly burdensome.
One of the cases was brought by the U.S. Virgin Islands, where Epstein did business. The country alleges that “Dimon was personally involved both in decisions to retain Epstein’s accounts in the face of acknowledged high-risk activity . . . and in meetings and review related to Epstein’s referrals of prominent and high-wealth potential clients.”
JP Morgan denies that it made special exceptions to keep Epstein’s business, despite red flags about his banking activity. The bank did move quickly to stop doing business with Kanye West though.