A mugshot of Jeffrey Epstein launched by the U.S. Justice Department.
Source: U.S. Justice Department
Google creator Sergey Brin, previous Disney executive Michael Ovitz, Hyatt Hotels executive chairman Thomas Pritzker and a 4th billionaire, investor Mort Zuckerman, will be subpoenaed in a claim versus JPMorgan Chase by the federal government of the U.S. Virgin Islands associated to sex trafficking by Jeffrey Epstein.
The subpoenas were initially reported Friday by The Wall StreetJournal A source knowledgeable about the matter verified them to CNBC.
The subpoenas require interactions and files associated with the bank and Epstein, The Journal kept in mind.
News of the subpoenas comes 3 days after it was reported that JPMorgan CEO Jamie Dimon will respond to concerns under oath in the suit, which declares that the bank disregarded indication about Epstein for several years and continued keeping him as a client.
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Last week, the Virgin Islands in a news release kept in mind that it “alleges JPMorgan Chase could have prevented harm and trauma faced by the survivors of Jeffrey Epstein’s heinous abuse.”
“But instead the bank chose to look the other way on these legal matters while continuing to use their banking relationship to grow their business with new clients introduced by Epstein,” the release stated.
On March 20, Judge Jed Rakoff ruled the match versus the bank, along with a comparable one by females who state Epstein trafficked them, can continue towards trial.
The complainants declare that JPMorgan purposefully gained from taking part in Epstein’s trafficking plan, which carried females to his house in the Virgin Islands so that he might sexually abuse them.
Jamie Dimon, CEO, JP Morgan Chase, throughout Jim Cramer interview,Feb 23, 2023.
JPMorgan has actually rejected accusations in the matches which are pending in U.S. District Court in Manhattan.
The bank previously this month took legal action against previous JPMorgan financial investment banking chief Jes Staley, declaring he is accountable for the matches associated with Epstein.
The bank looks for to claw back more than $80 million that it paidStaley He gave up as CEO of Barclays in 2021 after a probe by United Kingdom monetary regulators over his ties with Epstein.
A legal representative for the Virgin Islands previously this month stated in court that Dimon understood in 2008 that Epstein was a sex trafficker. That was the year that Epstein initially was struck with sex criminal offense charges in state court in Florida.
“If Staley is a rogue employee, why isn’t Jamie Dimon?” the lawyer, Mimi Liu stated at the hearing,
“Staley knew, Dimon knew, JPMorgan Chase knew” about Epstein’s criminal conduct, Liu stated.
A JPMorgan attorney stated at the time that the bank contested those claims, “in particular the point about Jamie Dimon having any specific knowledge.” A bank spokesperson has actually stated, “Jamie Dimon has no recollection of reviewing the Epstein accounts.”
JPMorgan just ended its consumer relationship with Epstein in 2013.
Epstein, a previous pal of Donald Trump, Bill Clinton and Britain’s Prince Andrew, was detained on federal kid sex trafficking charges in July2019 He eliminated himself a month later on in a Manhattan prison cell after being rejected bail.