Senior managers at JP Morgan joked about Jeffrey Epstein's interest in young girls including Miley Cyrus in 2008
If you or someone you know may be the victim of child abuse, please contact the Childhelp National Child Abuse Hotline at 1-800-4-A-Child (1-800-422-4453) or contact their live chat services.
LOS ANGELES, CALIFORNIA: Executives at JP Morgan were so familiar with the sex offender and financier Jeffrey Epstein’s abuse that they joked about him being out with Miley Cyrus, who was 16 years old back then. A bombshell lawsuit states that while the popstar was still starring in the Disney TV series 'Hannah Montana' in 2008, senior managers at the bank "joked about (Epstein’s) interest in young girls" which included Miley Cyrus.
In a case filed by the government of the US Virgin Islands, staff at JP Morgan were accused of making light of the pedophile’s activities. The lawsuit also alleges that at least 20 victims were paid through Epstein’s accounts with JP Morgan in excess of $1 million. The documents claim that one woman who Epstein ‘bought’ when she was 14 was paid $600,000. In December, the USVI government sued JP Morgan and Deutsche Bank, blaming the banks for taking no action against Epstein’s sex trafficking of underage girls despite countless red flags. However, both banks denied any wrongdoing.
RELATED ARTICLES
Why was Jeffrey Epstein afraid of MS-13? Sex trafficker spent final days in fear
JP Morgan ‘obstructed’ investigations into Epstein
The amended complaint from the USVI, where Epstein had a private island, says that JP Morgan ‘obstructed’ investigations into Epstein and its relationship to the bank. During the time of their relationship with him, executives internally emailed about Epstein's abuse, which ran from 1998 to 2013, even after he served 15 months for soliciting an underage girl for sex in 2008. They included Mary Erdoes, chief executive of JP Morgan’s Asset & Wealth division.
What does the document state?
"Internal emails questioned who Epstein’s clients were", the document states according to Daily Mail. "Indeed, Epstein’s behavior was so widely known at JPMorgan that senior executives joked about Epstein’s interest in young girls. In 2008, for example, Mary Erdoes received an email asking her whether Epstein was at an event ‘with Miley Cyrus'."
The USVI claims that JP Morgan did not follow the requirements for reporting suspicious transactions because if they did it would have "prevented Epstein’s secret cash transactions that were necessary to his sex-trafficking operation from escaping knowledge of federal investigative and prosecuting agencies." The filing also notes that Epstein transferred more than $23m to Ghislaine Maxwell, his 'madam' who was found guilty of child sex trafficking and other offenses in 2021. The document also alleges that at least 20 individuals paid through JP Morgan accounts were victims of trafficking to Epstein’s island, New York, and other Epstein properties.
"These women were trafficked and abused during different intervals between at least 2003 and July 2019, when Epstein was arrested and jailed, and these women received payments, typically multiple payments, between 2003 and 2013 in excess of $1 million collectively", the lawsuit claims. "Epstein also withdrew more than $775,000 in cash over that time frame from JP Morgan accounts, especially significant as Epstein was known to pay for “massages,” or sexual encounters, in cash. Financial information also reflects payments drawn from JP Morgan accounts of nearly $1.5 million to known recruiters".
A judge partially rejected a request to dismiss the case by JP Morgan last month, allowing some of the claims to proceed. Court documents alleged that between 2008 and 2012, Jes Staley, the former boss of JP Morgan, exchanged around 1,200 emails with Epstein from his JP Morgan email account. He allegedly visited Epstein’s private island in the Caribbean while the pedophile was in prison for having sex with underage girls. Staley is accused of making suggestive references to Disney characters in the emails including one from 2010 in which he says, "Say hi to Snow White." His lawyers have denied wrongdoing and denied he used codewords with Epstein.