JP Morgan Chase & Co (JPM)

[Saving Grace]

Lawsuit Alleges JPMorgan Facilitated Jeffrey Epstein's Sex-Trafficking Schemes

A new lawsuit filed by U.S. Virgin Islands Attorney General Denise George, accuses JPMorgan Chase & Co (NYSE: JPM) of facilitating Jeffrey Epstein's sex-trafficking scheme and helping him to cover it up.

The lawsuit claims that human trafficking was the principal business of Epstein's accounts at the bank, according to Business Insider.

The suit's allegations are that JPMorgan "knowingly facilitated, sustained, and concealed the human trafficking network operated by Jeffrey Epstein" and "financially benefitted from this participation."

Benzinga reached out to JPMorgan and the bank declined to comment on the lawsuit.