The United States Virgin Islands is seeking damages from JPMorgan over its alleged links to Epstein, claiming that the Wall Street giant "turned a blind eye to evidence of human trafficking" despite the many red flags raised over Epstein's involvement in heinous crimes.
The U.S. Virgin Islands lawsuit, initially filed in December by the former attorney general of the territory, accused JPMorgan of facilitating and benefiting from Epstein's sex trafficking operations.
On Feb. 23, the U.S. Virgin Islands filed documents in the U.S. District Court for the Southern District of New York in Manhattan demanding that JPMorgan provide the territory with relevant documents from 2015 to 2019 involving Dimon, labeling him "a likely source of relevant and unique information."
The lawyers also wanted Dimon to be deposed, claiming he played an important role in JPMorgan's decision to continue providing banking services to Epstein.
One internal JPMorgan email cited by the U.S. Virgin Islands' complaint, whose sender and recipient are both unknown to the public, reads: "I would count Epstein's assets as a probable outflow for '08 ($120mn or so?) as I can't imagine it will stay (pending Dimon review)."
Dimon's mention in this email is what has led Virgin Islander authorities to try and question Dimon regarding his knowledge of or involvement in Epstein's criminal activities.
Both of the U.S. Virgin Islands' cases against JPMorgan focus in part on Epstein's relationship with Jes Staley, who was JPMorgan's CEO from 2001 until 2013. Staley has acknowledged being friends with Epstein but denied knowing about his human and sex trafficking operations.
According to documents filed by a legal team from the United States Virgin Islands on Tuesday, March 7, in a federal court in Manhattan, lawyers for JPMorgan claimed they did not believe Dimon was an "appropriate deponent."
Days before, JPMorgan also denied a request from the U.S. Virgin Islands for documents from Dimon from 2015 to 2019, noting that Dimon was not involved in any decisions regarding Epstein's account and further claiming that the bank had dropped Epstein as a client in 2013. (Related: New emails reveal deep ties between Jeffrey Epstein and former CEO of JPMorgan, Barclays.)
"Dimon is not relevant to this action," claimed JPMorgan's lawyers. "If there were evidence supporting discovery from JPMorgan Chase from 2014 to 2019, [the U.S. Virgin Islands] would have already found it."
The bank's lawyers noted that expanding the range of communications it was required to hand over would nearly double "the number of documents captured … from at least 364,000 to at least 694,000."
JPMorgan claimed that this is just a "fishing expedition" for U.S. Virgin Islands authorities, who are eager to obtain another "massive trove" of information in litigation against Epstein's estate. One previous lawsuit against the estate resulted in the territory being awarded more than $105 million.
While JPMorgan continues to refuse to allow Dimon to be compelled to answer lawyers' questions, it did agree to find a date in March for a different top executive, Mary Callahan Erdoes, to be deposed in the case. Erdoes is CEO of JPMorgan Asset and Wealth Management, a division of the main company.
Learn more about Jeffrey Epstein's ties to the American financial world at Epstein.news.
Watch this episode of "World Alternative Media" as host Josh Sigurdson lays out the connection between Jeffrey Epstein and JPMorgan Chase.