Jeffrey Epstein accusers sue JPMorgan Chase and Deutsche Bank for allegedly enabling his sex-trafficking operation

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Women who accused Jeffrey Epstein of sexual assault filed separate lawsuits against JPMorgan Chase and Deutsche Bank on Thursday, accusing the financial institutions of enabling Epstein’s sex-trafficking operation, the Wall Street Journal reported.

The lawsuits, filed by two women identified as Jane Does, are seeking class-action status and unspecified damages.

Complaints reviewed by the New York Post claimed that the banks enabled and profited from Epstein’s alleged sex-trafficking operation by allowing him to make payments to females for performing sexual acts.

The lawsuits accused JPMorgan and Deutsche Bank of choosing to make a profit instead of stopping the disgraced financier’s illegal activities.

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After Epstein pleaded guilty to soliciting prostitution from a minor in 2008, both financial institutions continued to work with him. He later died in 2019 while awaiting trial on sex-trafficking charges.

The woman who filed the case against Deutsche Bank claimed that Epstein sexually abused her and trafficked her to others from 2003 to 2018. The woman stated that she was paid for sexual acts with cash.

The other woman, identified as a former ballet dancer in New York, who filed the lawsuit against JPMorgan Chase, said that Epstein sexually abused her and trafficked her to his friends from 2006 to 2013. In addition, the case alleged that Epstein withdrew large sums from the bank to pay her and other females for sexual acts.

Both suits accused the financial institutions of ignoring multiple red flags, including large cash withdrawals and payments to multiple females.

“[Deutsche Bank] knowingly participated in the Epstein sex-trafficking venture by (among other things) providing the financial underpinnings for Epstein to have ready and reliable access to resources — including cash — to recruit, lure, coerce, and entice young women and girls to be sexually abused and to cause them to engage in commercial sex acts and other degradations,” the suit said.

The lawsuit against Deutsche Bank alleged that the institution estimated it would “earn between $2,000,000 to $4,000,000 annually by funding the sex-trafficking venture and handling the accounts of Epstein-related entities.”

“We believe this claim lacks merit and will present our arguments in court,” a Deutsche Bank spokesman told the New York Post.

The case against JPMorgan alleged that Epstein’s business relationship with the bank’s head of private banking, Jes Staley, allowed the financier to become “untouchable.”

“With JPMorgan’s complicity, Epstein was free to sexually abuse hundreds of women, paying millions in hush money, without the fear of detection by law enforcement. Epstein used the support from a reputable institution — JPMorgan — to help cover up his criminal activity,” the lawsuit stated.

The complaint does not allege that Staley was aware of Epstein’s sex-trafficking operation. Staley’s lawyer declined a request to comment, the Wall Street Journal reported.

JPMorgan Chase declined to comment, according to the New York Post.

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