Big banks enabled Epstein sex trafficking, U.S. senator says
Wyden says JPMorgan Chase, Deutsche Bank and Bank of America delayed reports on more than $1 billion in Epstein-linked transactions, possibly violating anti-money-laundering laws.
- On Tuesday, Democratic Senator Ron Wyden released a Senate Finance Committee report alleging that JPMorgan Chase, Deutsche Bank, and Bank of America enabled Jeffrey Epstein by ignoring suspicious financial activity over nearly two decades.
- Internal bank records show bankers were aware of suspicious transactions as far back as 2002, yet institutions largely kept concerns private until Epstein's 2019 arrest, potentially violating Bank Secrecy Act reporting requirements.
- Banks permitted more than $1 billion in transfers, including roughly $170 million linked to billionaire Leon Black, which investigators claimed lacked legitimate business purposes; the report faults institutions for failing to conduct appropriate due diligence.
- Deutsche Bank stated it "regrets" the connection and cooperated with authorities, while Bank of America denied wrongdoing; Wyden argued the report provides "a ready-made roadmap for prosecutors" to hold financial institutions accountable.
- Wyden's legislative efforts were blocked by Senator Marsha Blackburn, who publicly called for transparency while privately declining to support measures requiring the Treasury Department to release Epstein-related records.
35 Articles
35 Articles
Hawaii Tribune-Herald
US Senator Wyden urges regulators to probe Wall Street banks over Epstein accounts
Democratic Senator Ron Wyden called for federal regulators to probe big banks over their handling of Jeffrey Epstein’s accounts after surfacing what Wyden said was potential evidence that the banks failed to report suspicious transactions linked to the late convicted sex offender. The post US Senator Wyden urges regulators to probe Wall Street banks over Epstein accounts appeared first on Hawaii Tribune-Herald.
Epstein's victims sue U.S. government and Google for identity disclosure In front of U.S. parliamentarians, a survivor of sexual abuse told how their personal information ended up publicly exposed in January when the U.S. Department of Justice (DOJ) released hundreds of thousands of documents related to the financialist Jeffrey Epstein. ✅ Follow the international news channel of g1 in WhatsApp "I can't live without looking over my shoulder," he …
A Senate report claims that major American banks had identified suspicious transactions by Jeffrey Epstein as early as 2002, with the first official report being filed only in 2019. The post Catapult Report: Why didn't banks report suspicious transactions by Epstein in a timely manner? appeared first on in.gr.
![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D24&w=64&q=75){kind=small}
Senate Report Exposes Wall Street’s Complicity in Epstein’s Massive Money Laundering Scheme
A four-year Senate investigation alleges JPMorgan Chase, Deutsche Bank and Bank of America failed for years to report suspicious transactions tied to Jeffrey Epstein, while ... The post Senate Report Exposes Wall Street’s Complicity in Epstein’s Massive Money Laundering Scheme first appeared on [your]NEWS.
60 Minutes had major Epstein scoop before Donald Trump's hand puppet fired the reporter
Bari’s Weiss’s rolling catastrophe continues: Deutsche Bank AG failed to promptly notify authorities of more than $250 million in questionable transfers tied to Epstein, according to Wyden’s report. Those included cash amounts to pay women in Russia and Eastern Europe—of which the bank retroactively informed U.S. officials after Epstein was arrested on sex-trafficking charges in July 2019. Bank of America Corp. reported $170 million in Epstein-…
US Senator Wyden urges regulators to probe Wall Street banks over Epstein accounts - Regional Media News
Aug 4 (Reuters) - U.S. Democratic Senator Ron Wyden called for federal regulators to probe big banks over their handling of Jeffrey Epstein's accounts after surfacing what Wyden said was potential evidence that the banks failed to report suspicious transactions linked to the late convicted sex offender. In a report released on Tuesday, Wyden alleged that Bank of America, Deutsche Bank and JPMorgan Chase may have violated federal anti-money laund…
Coverage Details
Bias Distribution
- 46% of the sources lean Left
![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D60&w=128&q=75)
Factuality
To view factuality data please Upgrade to Premium
