Deutsche Bank Agrees To Pay $75M To Jeffrey Epstein Victims To Settle Lawsuit

  • Deutsche Bank agreed to pay $75 million to victims of sex predator Jeffrey Epstein to settle a federal lawsuit accusing the bank of enabling and benefitting from its customer’s sex trafficking of young women, sources told CNBC on Wednesday night.
  • The bombshell deal still leaves JPMorgan Chase to defend its own would-be class action lawsuit by Epstein accusers in U.S. District Court in Manhattan, which involves similar allegations.
  • JPMorgan CEO Jamie Dimon, who has said the bank is not liable for sex trafficking by its former long-time customer Epstein, is due to be deposed in that suit, and a related one by the government of the U.S. Virgin Islands on May 26.
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