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By SRH,
Is the Epstein Beast Banking System a House of Cards? It was built on the backs of child sex trafficking around the world.
Former Wall Street insider, banking industry whistleblower, and investigative reporter Pam Martens of Wall Street on Parade just released another explosive report this week about how the corporate media is obsessed with a list of names of people connected to Jeffrey Epstein’s pedophile network that was recently made public. The list comes from a lawsuit that some of Epstein’s victims filed in 2015 and settled in 2017.
She says that the sensitive papers that are still sealed are the ones about the case against JPMorgan Chase Bank and their crooked CEO, Jamie Dimon. Chase Bank helped pay the Epstein pedophilia network, which used child sex trafficking to get money from the richest people in business and politics around the world.
One of the strongest banks in the world is Chase Bank, which is the biggest bank in the United States.
I think we can now say that the U.S. banking system is based on the sex trafficking network run by Jeffrey Epstein. Without it, the system probably would have failed years ago.
In the early hours of Friday, February 16, before a three-day weekend, JPMorgan Chase secretly sent its 10-K (annual report) to the SEC. The shocking news in the paper was that the bank had paid an unbelievable $1.4 billion in legal fees in 2023, which was 426 percent more than the previous year’s fees.
The bank didn’t list the names of the law companies that got most of those legal fees, but most of the information can be found in public records.
Boies, Schiller & Flexner LLP, a law company run by David Boies, filed a federal lawsuit on behalf of the minors who were raped, assaulted, and sex trafficked by Jeffrey Epstein. JPMorgan Chase paid the expensive lawyers at WilmerHale to defend the case all through 2023. During 2023, JPMorgan also paid WilmerHale lawyers to defend the company against charges connected to Epstein that were brought by the Attorney General of the U.S. Virgin Islands. According to the plaintiffs in both cases, it was reasonable to say that the bank helped Epstein’s illegal sex-trafficking business by giving it the money and banking services it needed to stay open, even though it knew it was supposed to report the cash transactions to FinCEN.
JPMorgan settled both cases last year, so the huge pile of highly redacted and sealed documents would not have been shown to the jury. In the U.S. Virgin Islands case, the victims were given $75 million, and in the Epstein case, they were given $290 million.
The bad press that Chase got from working with Epstein is still going on. New York said that U.S. Virgin Islands prosecutors made public some of JPMorgan’s internal messages about Epstein just hours after the bank reached a settlement with the Epstein victims. They also said they would keep going after Dimon’s bank.
“Discovery confirms that JPMorgan knowingly, recklessly, and unlawfully provided and pulled the levers through which Epstein’s recruiters and victims were paid and was indispensable to the operation and concealment of Epstein’s trafficking,” the prosecutors wrote in their most recent filing. “JPMorgan had real-time information on Epstein’s payments that the government did not have, and it was legally required to share this information with law enforcement. However, it chose not to do so.”
It is said that JP Morgan refused to help police and other investigations into Epstein’s sex trafficking because it was afraid of being seen as helping Epstein’s plan.
“As Epstein’s business in illegal sex trafficking grew, he needed more help and safety from JP Morgan. Jes Staley and other people helped Epstein become more connected with JP Morgan, which was good for JP Morgan’s finances. And as a trade-off, JP Morgan let Epstein send huge amounts of “hush money” to his victims and recruits. JP Morgan let Epstein take out hundreds of thousands of dollars in cash, which is the clearest sign of a criminal operation because it makes it impossible to track all the payments.
“JP Morgan did not file the required SARs with the federal government. This is what banks are supposed to do with the Financial Crimes Enforcement Network (FinCEN) whenever they think there is a case of fraud or money laundering.” The Bank Secrecy Act and other laws and rules require these records to be filed on time. These reports are ways for the federal government to find and prosecute illegal actions like sex trafficking that breaks the TVPA. Even though JP Morgan gave Epstein huge amounts of cash every year, it had to file SARs on time about Epstein’s strange and suspicious cash transactions. Even though there were many red flags, JP Morgan was wrong to not file SARs about Epstein’s sex-trafficking business on time.
In the United States of America in the year 2024, this is what “justice” looks like.
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