"JP Morgan warned the US government about more than $1bn in transactions linked to Jeffrey Epstein that were possibly related to reports of human trafficking, new documents confirm. The largest bank in the US filed a suspicious activity report (SAR) in 2019, just weeks after Epstein was found dead in a New York jail cell, about transactions linked to the paedophile financier and prominent business figures. It also flagged wire transfers made by Epstein to Russian banks."
"JP Morgan's report said it had flagged about 4,700 transactions, totalling more than $1bn, that were potentially related to reports of human trafficking involving Epstein, the New York Times reported. The report, filed during the last Trump administration, also flagged sensitivities around Epstein's relationships with two U.S. presidents. The report was included in a release of previously sealed court records that were made public on Thursday after requests from the New York Times and the Wall Street Journal."
"But it identified transactions with Leon Black, the co-founder of the private equity firm Apollo Global Management who left the company in 2021; the hedge fund manager Glenn Dubin; the lawyer Alan Dershowitz; and trusts controlled by the retail tycoon Leslie Wexner. The report identified $65m of wire transfers from the mid-2000s that appeared to move between multiple banks linked to Wexner's trusts but it did not provide details about the transactions involving Black, Dubin or Dershowitz."
JP Morgan filed a suspicious activity report (SAR) in 2019 that warned US authorities about more than $1bn in transactions linked to Jeffrey Epstein and possible human trafficking. The bank flagged about 4,700 transactions and noted wire transfers Epstein made to Russian banks. The SAR mentioned sensitivities tied to Epstein's relationships with two U.S. presidents. The unsealed report identified transactions connected to Leon Black, Glenn Dubin, Alan Dershowitz, and trusts controlled by Leslie Wexner. It highlighted $65m of mid-2000s wire transfers among banks linked to Wexner's trusts but provided few transaction details. None of the named individuals have been charged.
Read at www.theguardian.com
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