Megabank JP Morgan has agreed to a settlement with victims of deceased billionaire sex trafficker Jeffrey Epstein.
The New York Times reports that the bank and attorneys representing the victims announced the settlement on Monday after what the paper describes as “weeks of embarrassing disclosures about the bank’s longstanding relationship with him.”
The victims filed a lawsuit against JP Morgan this past November in which they alleged that the bank continued doing business with Epstein despite having full knowledge of his history of sexually abusing underage girls.
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