Big Bank Will Pay Massive Sum To Settle Epstein Victim Lawsuit

  • Deutsche Bank agreed to pay $75 million to settle a lawsuit accusing the company of failing to recognize the sex trafficking conducted by Jeffrey Epstein, the deceased pedophile hedge fund manager who was once a client of the firm.
  • Lawyers for an alleged Epstein victim, identified only as Jane Doe in court documents, filed a lawsuit against Deutsche Bank earlier this year and claimed that the German financial institution knowingly benefited from the Epstein trafficking scheme.
  • Deutsche Bank received most of the Epstein hedge fund’s business after his partnership with JPMorgan Chase, the largest investment bank in the United States, concluded in 2013.
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