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JPMorgan prepared to pay $290 million in settlement with Jeffrey Epstein victims (www.cnbc.com)

submitted 1 year ago by Kalkaline@lemmy.one to c/news@beehaw.org

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[–] raspberrybush@beehaw.org 11 points 1 year ago (1 children)

Epstein related news is always hard to read but these paragraphs really aren't sitting well with me.

Monday’s settlement stems from claims filed last year by an unnamed woman, using the pseudonym Jane Doe, that the bank knowingly benefited from and facilitated Epstein’s sex trafficking operation. The woman, who alleges she was raped and trafficked, sued on behalf of a “large number” of other victims of that operation.

“We all now understand that Epstein’s behavior was monstrous, and we believe this settlement is in the best interest of all parties, especially the survivors, who suffered unimaginable abuse at the hands of this man,” JPMorgan said in a separate statement Monday morning.

The first paragraph says JPMorgan "knowingly benefited from and facilitated Epstein’s sex trafficking operation."

But the next paragraph says “We all now understand that Epstein’s behavior was monstrous,"

So my main question is who exactly are the people who just found out that benefiting from sex trafficking others/minors is monstrous? and what on earth took them so long?

[–] spectrologist@lemmy.world 2 points 1 year ago

Very good question. They mention that the former CEO was epstein's "friend" - maybe it was him, and someone found out? I really have no idea but yeah it's really gross that these companies are involved, there had to be feigned ignorance for so long.