That’s BILLION, with a “B”. According to recently revealed court transcripts, in the US Virgin Islands lawsuit against JPMorgan, in the aftermath of Epstein’s death the massive bank reported over $1 billion in suspicious activity reports to the U.S. Treasury.
Attorney for USVA, Mimi Liu, outlined details to Judge Jed Rakoff in U.S. District Court in Manhattan last Thursday. According to the astonishing revelations, the entire financial relationship between Jeffrey Epstein and JPMorgan was centered around payments for sex trafficking. There was no other business between the two entities in the 16 years of Epstein’s use of the bank. All of the Epstein account transactions were based around his sex trafficking operation.
Additionally, in the aftermath of Epstein’s death, JPMorgan then reported at least $1 billion worth of transactions under the auspices of “suspicious activity.” This certainly looks like what lawyer Mimi Liu called in court, “covering their ass.”
[VIA CNBC] – JPMorgan Chase notified the Treasury Department of more than $1 billion in transactions related to “human trafficking” by Jeffrey Epstein dating back 16 years after the notorious sex predator killed himself in 2019, a lawyer for the U.S. Virgin Islands told a federal judge at a hearing.
“Epstein’s entire business with JPMorgan and JPMorgan’s entire business with Epstein was human trafficking,” Mimi Liu, an attorney for the Virgin Islands, told Judge Jed Rakoff in U.S. District Court in Manhattan on Thursday, according to a transcript reviewed by CNBC.
Liu cited the bank’s notification to the Treasury Department as she argued that Rakoff should issue a summary judgment against JPMorgan.
The huge bank is being sued by the Virgin Islands government for allegedly facilitating sex trafficking by Epstein of young women when he was a JPMorgan customer from 1998 through 2013. (read more)
This certainly puts some semblance of scale to the issues around Epstein and his exploitation of the sex industry to his high profile and powerful clients. The full scale is obviously unknown; however, if JPMorgan is reporting $1 billion in transactions that might be considered risk for them, we can only guess at the amount of the total transaction through the bank.
Keep in mind, JPMorgan already agreed to pay the Epstein Victims $290 million {GO DEEP} to make the victim issues go away. What the hell is the scale of the full banking network if this amount of money is being used to throw a bag over it?
Pulling back to the 30,000-foot view, how the bank was operating certainly does start to make the shadows in the background become more visible. After all, the U.S. government relied on JPMorgan to stabilize the banking sector recently. And, when you overlay the influence of the BIG BANKS on domestic politics, and contrast in parallel with their assistance for corrupt activity like Epstein, suddenly the catchphrase “too big to fail” takes on an entirely new meaning.
Many of us have always said the top of the corrupt pyramid is banks, global financial institutions and multinationals. The activity of the political industry takes place below the power structure of the financial system. The banks control the politicians. The banks control almost everything, and are the benefactors for the DNC, RNC, RGA, etc. etc.
This is the apex circle of influence, where Jeffrey Epstein operated in concert with the banks – who then facilitated his operations and were regulated by Epstein’s clients.
Ever heard the phrase
Rules for thee.
The whole system is corrupt. Billions of dollars comes with a get out of jail card. Unless your a small coin shop owner or your last name is trump.
All the more reason to go see the movie ‘Sound of Freedom’ and take your family and friends with you.
The list of clients that frequently flew to Epstein’s island needs to be made public then these flunkies in the alphabet agencies can really earn their taxpayer funded paycheck.
Money transfers , shell corporations , there is a trail of course you have to look to actually find it
look to all the ‘leaders’- that’s who his clients were, and obviously, with his faked death, the circus goes on at the expense of the victims….and the taxpayers
Do we think he’s really still alive?
Given this story, AND the stories that havecome out regarding Hunters transactions also generating “suspiscious activity” reports,…isn’t it time to ask what is the REAL purpose of having this reporting system, since it obviously isn’t to detect or deter criminal activity, …is it CYA?
Is it so the FBI can insure they are”getting their cut”?
And, where was the FBI and IRS?
It would be better for him to have a millstone hung around his neck and to be thrown into the sea than to cause one of these little ones to stumble.
ALL INVOLVED WITH EPSTEIN WILL BE IN HELL FOR ETERNITY.
“Sex trafficking” may be broader than the term implies. Slavery of all kinds, including pimping young children and young women are a global trafficking crime.
I remember several years ago, listening Catherine Austin Fitts talking about Mr. Globalist and she said an odd thing in the middle of her talk. She discussed bankers over 100 years ago found that slavery was the most profitable enterprise for bankers, but when times got hard due to drought, the farmers would sell their slaves to those further West and the bankers could not collateralize their property.
But not with computers, tracking that is not a problem.
At first I did not fully understand what she was saying. She was saying the globalists want to enslave the world. Yes, it was not too long during Covid that this became clear to me, She “got it”.
Thank you for covering this. People can now understand how corrupt the banking / DC axis is.
How can it be 1 Billion? No way it can be that amount for sex trafficking. That’s covert operations amounts of money (a big one). And sovereign protection levels of money. <– You can’t move that kind of money around (and the bank said this is what they flagged!) without Dept of Treasury knowing meaning Langley must be involved.
and why can’t it? EVERYONE that ‘leads’ is involved, and all their agencies that protect their precious reputations are involved. It’s only a Billion to that ONE bank- how many other banks are involved on a similar scale? All the Central Banks and their subsidiaries. If 40 million children disappear annually just in the US, how many world-wide? How many young women and young men? How many older women and men? Clearly it is a multi Billion dollar industry. It has gone on for a very, very long time- and those who participate pay handsomely for their fetishes to be satisfied. The corruption is multi-national and involves more people than you can shake a stick at in one day. Cleaning house is long over due- and finding those who survive is also long over due.
Umm -do you not realize that ALL 3 letter agencies are just as corrupt ?
Just looked back at some of your Benghazi stuff. If true that Ghaddafi was looking to build gold reserves and work against the Bank Graft in Africa – the French detail and current revelations of French exploitation via the French-African currency- then pulls even the overarching Libya overthrow into context.
International Banking – the root of all sorts of evil.