“Mimi Liu, an attorney representing the U.S. Virgin Islands, made the shocking revelations during a court appearance on Thursday in Manhattan, the outlet reported.
During testimony, she claimed that JP Morgan Chase, the largest of all U.S. banks, notified the Department of the Treasury about the transactions after Epstein died, which adds more intrigue and complexity to a legal battle that was already heated.
“Epstein’s entire business with JPMorgan and JPMorgan’s entire business with Epstein was human trafficking,” she claimed outright, according to the outlet, which added:
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.
The attorney, referring to a $9 million block of transfers to women and suspicious withdrawals from Epstein’s accounts at JPMorgan, said it related to “facilitating” more than 20,000 sexual acts, given Epstein’s habit of paying several hundred dollars for each sexual encounter.
“JPMorgan was a full-service bank for Jeffrey Epstein’s sex trafficking,” Liu argued during the hearing.
“The only reason that JPMorgan after 16 years reported the $1 billion in suspicious transactions was because he was arrested and then he was dead,” she noted further. “This was a CYA [cover your a–] reporting after 16 years of all of the monies flowing in his JPMorgan accounts after he was dead.” “