JPMorgan CEO Jamie Dimon to be Interviewed Under Oath Over Bank’s Relationship with Jeffrey Epstein

JPMorgan’s former client and convicted sex offender Jeffrey Epstein is still causing trouble for the bank. Jamie Dimon, CEO of JPMorgan Chase & Co, is set to be interviewed under oath regarding the bank’s relationship with Epstein. This deposition is expected to take place in May.

JPMorgan Facing Two Lawsuits over Its Association with Epstein

Perhaps it’s no surprise; the bank was set to face some backlash after continued work with Epstein despite his criminal history. Specifically, JPMorgan is facing two lawsuits seeking damages over its association with Epstein. The first lawsuit is a proposed class action by his accusers, while the second one has been brought forth by U.S. Virgin Islands where Epstein owned a home.

Epstein Remained a JPMorgan Client After Florida Prostitution Charges

Epstein had been a JPMorgan client from 2000 to 2013, which includes after he pleaded guilty to Florida prostitution charges. It’s this association that has put Dimon in the hot seat for questioning.

JPMorgan declined to comment on the matter, but it seems that they may have more issues to contend with than they initially thought. Jes Staley, a former private banking chief at JPMorgan, who had also been friendly with Epstein, is also being sued by JPMorgan for concealing information about the convicted sex offender. Staley is expected to be interviewed under oath in April.

Efforts by JPMorgan to Force Return of Compensation and Reimbursement for Damages

It appears that JPMorgan seeks to force the return of eight years of compensation and reimbursement for damages that the bank might incur in other lawsuits related to their relationship with Epstein.

US Depositions Usually Held Privately

It is worth noting that US depositions are typically held privately, so it remains to be seen how much information will become public knowledge.

Federal Judge Orders JPMorgan to Give US Virgin Islands Documents Concerning Dimon

On March 9, a federal judge ordered JPMorgan to give the U.S. Virgin Islands documents concerning Dimon from 2015 to 2019, after Epstein had been dropped as a client. The judge rejected the bank’s claim that the territory was conducting a “fishing expedition.”

Deutsche Bank Also Being Sued by Epstein’s Accusers

It’s not just JPMorgan that is being sued by Epstein’s accusers. Deutsche Bank, where Epstein was a client from 2013 to 2018, is also facing lawsuits.

Epstein Died by Suicide While Awaiting Trial for Sex Trafficking

Epstein died by suicide in a Manhattan jail cell in August of 2019 while awaiting trial for sex trafficking. His death has left countless unanswered questions and continues to stir up controversy surrounding his relationships with various high-profile individuals.

In conclusion, JPMorgan CEO Jamie Dimon being interviewed under oath regarding the bank’s dealings with Jeffrey Epstein is another chapter in the ongoing saga surrounding Epstein posthumously. With two lawsuits already underway and more seemingly on the horizon, JPMorgan will have its hands full dealing with the fallout from its relationship with Epstein.

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