(PresidentialHill.com)- The high-flying businessman Jeffrey Epstein purportedly committed suicide in jail after being charged with a crime, and lawsuits alleging that the large banks should have seen evidence of his illicit human trafficking by Epstein are being dismissed by Deutsche Bank and JPMorgan Chase in a federal court in New York.
In late Friday reports, the banks claimed that the lawsuits failed to establish that they benefited from Epstein’s human trafficking and didn’t engage in careless behavior that harmed the women who brought the claims.
The lawsuits against the banks and the government of the U.S. Virgin Islands, where Epstein owned a residence on a small island (dubbed Pedo Island), were filed a month prior in a federal district court in New York by two women who went by the name anonymous name Jane Doe.
The claims assert that the banks deliberately profited from Epstein’s trafficking and “chose profit above following the law” in order to obtain millions of dollars from the financier. They are seeking class-action status to represent other Epstein victims.
Following Epstein’s 2006 arrest in Florida (he ultimately pled guilty to state counts of soliciting prostitutes), the fallout from a federal probe, and media attention, they indicated that the banks should have avoided Epstein.
The complaints claim that Epstein’s underage human-trafficking scheme “could not have survived or flourished without the financial institution’s assistance.”
The Jane Doe, in its case, according to JPMorgan Chase, “is entitled to justice, but this litigation against JPMC is directed at the incorrect person, is legally meritless, and should be dismissed,” the bank stated on Friday.
From 2013 through 2018, Deutsche Bank stated it gave Epstein “normal financial services.” The complaint “does not come close to adequately proving that Deutsche Bank was part of Epstein’s criminal trafficking operation,” according to Deutsche Bank.