JPMorgan settles with victims of Jeffrey Epstein, deceased financier charged with sex trafficking

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JPMorgan settles with victims of Jeffrey Epstein, deceased financier charged with sex trafficking
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JPMorgan Chase announced a settlement with the victims of Jeffrey Epstein who had accused the bank of being the financial conduit that allowed the financier to continue operating a sex trafficking operation.

NEW YORK — JPMorgan Chase announced a settlement Monday with the victims of Jeffrey Epstein who had accused the bank of being the financial conduit that allowed the financier to continue operating a sex trafficking operation.

"We all now understand that Epstein's behavior was monstrous, and we believe this settlement is in the best interest of all parties, especially the survivors, who suffered unimaginable abuse at the hands of this man," JPMorgan Chase said in a written statement early Monday. The settlement with Jane Doe arrives on the same day that a judge granted Doe's lawsuit class-action status, meaning future awards would be granted to Doe and other victims.

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