Thread by @pwleaks

BREAKING: New court filings from the U.S. Virgin Islands AG's office show that JPMorgan Chase not only helped facilitate the sex-trafficking of underage girls by Jeffrey Epstein, but that the bank actively participated in Epstein's sex-trafficking venture from 2006 until 2019.

The Attorney General of the U.S. Virgin Islands has filed new documents in its federal lawsuit against the largest bank in the United States, JPMorgan Chase.

The U.S. Virgin Islands’ attorneys have told the court they plan to show documents in a trial scheduled for October that proves JPMorgan Chase was “actively participating in Epstein’s sex-trafficking venture from 2006 until 2019.”

The U.S. Virgin Islands filed hundreds of pages of new court documents on Monday and Tuesday, most of which have been filed under seal. A Memorandum of Law arguing for partial summary judgment in the case, however, is only lightly redacted and makes the following points:

“Even if participation requires active engagement…there is no genuine dispute that JPMorgan actively participated in Epstein’s sex-trafficking venture from 2006 until 2019."

"The Court found allegations that the Bank allowed Epstein to use its accounts to send dozens of payments to then-known co-conspirators [redacted] provided excessive and unusual amounts of cash to Epstein;"

"and structured cash withdrawals so that those withdrawals would not appear suspicious ‘went well beyond merely providing their usual [banking] services to Jeffrey Epstein and his affiliated entities’ and were sufficient to allege active engagement.”

The U.S. Virgin Islands has previously alerted the court to the unfathomable sums of hard cash that Epstein was able to take from the accounts he maintained at JPMorgan Chase without the bank filing the legally mandated Suspicious Activity Reports (SARs) to law enforcement.

In the new filing, following the money, writing as follows:

“Between September 2003 and November 2013, or approximately ten years, JPMorgan handled more than $5 million in outgoing cash transactions for Epstein — ignoring its own policy discouraging large cash withdrawals….”

Attorneys cite internal emails at JPMorgan Chase showing that employees at the bank were aware of Epstein’s “[c]ash withdrawals … made in amounts for $40,000 to $80,000 several times a month” while also being aware that Epstein paid his underage sexual assault victims in cash.

JPMorgan Chase’s active participation in the Epstein sex trafficking ring was also alleged in a separate class action lawsuit against JPMorgan Chase brought by lawyers David Boies and Bradley Edwards on behalf of Epstein’s victims.

At a March 13 court hearing, Boies argued in court that JPMorgan Chase had used a private jet owned by the bank’s hedge fund, Highbridge Capital, to transport girls for Epstein’s sex trafficking operation.

LINK TO MEMORANDUM: wallstreetonparade.com/wp-content/upl…