Latest / The Vault: The Epstein Files / The USVI And Their Motion For Partial Summary Judgement Against JPMorgan (Part 1) (9/19/26)

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The USVI And Their Motion For Partial Summary Judgement Against JPMorgan (Part 1) (9/19/26) · The Vault: The Epstein Files

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  Speaker 1: What's up everyone and welcome back to the Epstein Chronicles.
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  Speaker 1: In this episode, we're going to dive right back into
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  Speaker 1: the court documents and we're going to start taking a
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  Speaker 1: look at the USVI and their memorandum of law in
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  Speaker 1: support of motion for a partial summary judgment. Case number 122-CV.
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  Speaker 1: The Government of the United States Virgin Islands Memorandum of
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  Speaker 1: Law and Support of Motion for Partial Summary Judgment. In
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  Speaker 1: July of 2006, after his arrest for felony sex crimes
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  Speaker 1: and extensive news coverage detailing unlawful sex acts with underage girls,
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  Speaker 1: Jeffrey Epstein admitted to James, Jeff Staley, then Asset and
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  Speaker 1: Wealth Management, AWM, who reported it to Mary Erdos, then
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  Speaker 1: CEO of Global Bank, that he engaged in sex acts
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  Speaker 1: with multiple young women for money, only denying the girls' ages.
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  Speaker 1: At that time, J.P. Morgan could have immediately exited Epstein,
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  Speaker 1: but the bank knew from Douglas Sandy Warner, when he
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  Speaker 1: was head of J.P. Morgan, Epstein is one of the
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  Speaker 1: most connected people I know in New York. In 2003,
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  Speaker 1: Epstein was by double the top revenue generator in the
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  Speaker 1: private bank and the source of Google co-founder Sergey Brin,
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  Speaker 1: one of the largest relationships in the private bank. of
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  Speaker 1: four-plus billion dollars. Glenn Dubin, billionaire founder of Highbridge, and
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  Speaker 1: many other ultra-wealthy clients and connections, which would come to
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  Speaker 1: include Bill Gates, Leon Black, Larry Summers, the Sultan of Dubai,
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  Speaker 1: Prince Andrew, Ehud Barak, Thomas Pritzker, Lord Peter Mandelson, and
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  Speaker 1: Prime Minister Netanyahu. In 2004, Epstein, together with Jamie Dimon,
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  Speaker 1: then CEO-in-waiting, was an integral part of J.P. Morgan's game-changing
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  Speaker 1: acquisition of Highbridge. The next year, redacted, Epstein was too
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  Speaker 1: big to fail. So J.P. Morgan did not exit Epstein
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  Speaker 1: in 2006 or 2007 or 2008 or 2009 or 2010
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  Speaker 1: or 2011 or 2012 or the first half of 2013. Redacted.
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  Speaker 1: And even after his exit right up until his arrest
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  Speaker 1: in 2019, J.P. Morgan continued to work with Epstein. only
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  Speaker 1: months before his arrest in July of 2019, redacted and redacted.
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  Speaker 1: Rather than exit Epstein in 2006, J.P. Morgan handled millions
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  Speaker 1: of dollars in payments to Epstein's other rock star lawyers,
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  Speaker 1: who the bank knew were working to discredit Epstein's victims
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  Speaker 1: and help Epstein avoid federal sex trafficking charges. Redacted. J.P.
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  Speaker 1: Morgan banked all the girls and women publicly alleged in
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  Speaker 1: 2006 to be recruiters, accomplices, or victims including Redacted, Redacted, Redacted,
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  Speaker 1: and Ghislaine Maxwell. J.P. Morgan knew that Redacted, who Epstein
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  Speaker 1: was reported to have referred to as his Yugoslavian sex slave,
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  Speaker 1: in fact came from Yugoslavia as a teenager in 2004,
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  Speaker 1: supposedly worked as a model, and was sponsored by Epstein.
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  Speaker 1: For years, J.P. Morgan handled Epstein's business with MC2 Model Management,
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  Speaker 1: knowing Epstein was accused of using the supposed modeling agency
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  Speaker 1: to traffic and abuse underage girls. At the same time,
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  Speaker 1: and for the next seven years, J.P. Morgan, self-described as
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  Speaker 1: Epstein's number one bank, and at the time, continued to
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  Speaker 1: participate in Epstein's sex trafficking venture. It really never stopped.
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  Speaker 1: Handling his excessive cash withdrawals, despite tying them to his
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  Speaker 1: felony sex crimes, did not question his cash for fuel
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  Speaker 1: to travel to foreign countries explanation, even when he was
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  Speaker 1: in jail and on house arrest, made millions of dollars,
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  Speaker 1: more in payments to co-conspirators including Maxwell, recruiters and victims,
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  Speaker 1: including many girls and women with Eastern European surnames, or
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  Speaker 1: located in Eastern Europe, from where J.P. Morgan knew Epstein
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  Speaker 1: was reported to have trafficked girls, and continued to extend
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  Speaker 1: the loan to MC2, which, for all it knew, was
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  Speaker 1: a payment for services as a procurer. Even when J.P.
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  Speaker 1: Morgan knew that federal prosecutors had subpoenaed Bear Stearns, which
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  Speaker 1: it acquired in 2008, For account-specific transaction information tied to Epstein, J.P.
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  Speaker 1: Morgan redacted and went right on handling many more. The
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  Speaker 1: entire time, the cynical jokes within the company also never stopped,
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  Speaker 1: from redacted asking if Epstein was at a party with
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  Speaker 1: Miley Cyrus to David Bridgestock, then CFO, comparing another client's
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  Speaker 1: house to Epstein's reminded me of J.E. 's house, except
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  Speaker 1: it was more tasteful and fewer nymphettes. Only in August
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  Speaker 1: of 2019, after Epstein's arrest and death, and when there
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  Speaker 1: was no more referrals or other benefits to be had, redacted,
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  Speaker 1: even though it had all the information in real time,
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  Speaker 1: not hindsight, as Diamond misrepresented on CNN. Accordingly, the government
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  Speaker 1: is entitled to judgment as a matter of law for J.P.
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  Speaker 1: Morgan's participation in Epstein's sex trafficking venture and obstruction of
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  Speaker 1: federal prosecutor's enforcement of the law in violation of the
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  Speaker 1: Trafficking Victims Protection Act, U.S. Code 18, Section 1591, A2
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  Speaker 1: and D. The government is also entitled to judgment as
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  Speaker 1: a matter of law on J.P. Morgan's equitable and fault-shifting
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  Speaker 1: affirmative defenses, defenses 5 to 8, the legal deficiencies that
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  Speaker 1: left the court skeptical that the defenses would survive summary
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  Speaker 1: judgment persists and no facts have been developed during discovery
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  Speaker 1: that would revive these deficient defenses, the legal standard. Summary
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  Speaker 1: judgment is appropriate if the pleadings, the discovery, and the
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  Speaker 1: disclosure materials on file, any affidavit show that there is
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  Speaker 1: no genuine issue as to any material fact and that
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  Speaker 1: the movent is entitled to judgment as a matter of law.
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  Speaker 1: FedR Civ P56C. Where the moving party has documented particular
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  Speaker 1: facts in the record, the burden shifts to the opposing
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  Speaker 1: party to adduce contrary record evidence sufficient to create a
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  Speaker 1: genuine dispute of material fact. To do so, the opposing
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  Speaker 1: party cannot merely make inclusory assertions to the contrary. The argument. 1. J.P.
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  Speaker 1: Morgan's participated in Epstein's sex trafficking venture in violation of
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  Speaker 1: the TVPA, U.S. Code 18, Section 1591, A and 2. A.
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  Speaker 1: Epstein engaged in a sex trafficking venture. J.P. Morgan does
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  Speaker 1: not dispute Epstein was engaged in a sex trafficking venture,
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  Speaker 1: Epstein was engaged in a horrendous criminal activity, including sex trafficking.
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  Speaker 1: That's not something being contested at all by JP Morgan.
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  Speaker 1: Epstein's behavior was monstrous. The survivors suffered unimaginable abuse at
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  Speaker 1: the hands of this man, who committed heinous crimes. JP
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  Speaker 1: Morgan acknowledged, redacted, in its own due diligence, respectively, that
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  Speaker 1: Epstein redacted and ran a sex trafficking ring. Epstein was
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  Speaker 1: arrested on July 6, 2019, on federal charges of sex
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  Speaker 1: trafficking of minors. On August 10, 2019, he died in prison.
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  Speaker 1: Ghislaine Maxwell was convicted in 2022 for conspiring with Epstein
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  Speaker 1: to engage in sex trafficking. In 2008, Epstein was convicted
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  Speaker 1: for solicitation of an underage girl for prostitution, a covered
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  Speaker 1: act under the TVPA, U.S. Code Section 18, 1591A1. In
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  Speaker 1: upholding his Level 3 sex offender status imposed with the conviction,
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  Speaker 1: a New York appeals court found clear and convincing evidence
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  Speaker 1: Epstein had committed multiple offenses against against a series of
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  Speaker 1: underage girls. Over the years, many victims have come forward
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  Speaker 1: and described being sex trafficked by Epstein, including in the U.S.
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  Speaker 1: Virgin Islands. Redacted and redacted. J.P. Morgan has also handled
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  Speaker 1: millions of dollars in payments from Epstein to known co-conspirators, recruiters, victims, girls,
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  Speaker 1: and women until 2019, including payments to women in years
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  Speaker 1: that coincided with their trips to the USVI. B. J.P.
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  Speaker 1: Morgan knew or recklessly disregarded that Epstein ran a sex
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  Speaker 1: trafficking venture. J.P. Morgan had knowledge of Epstein's sex trafficking venture,
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  Speaker 1: either directly or by recklessly disregarding what was plainly to
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  Speaker 1: be seen. The government uses knew or knowledge herein to
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  Speaker 1: mean direct knowledge or reckless disregard. 1. In 2006, J.P.
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  Speaker 1: Morgan knew Epstein was engaged in sex trafficking and In
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  Speaker 1: July 2006, Epstein was indicted for felony solicitation of prostitution
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  Speaker 1: and arrested. Numerous J.P. Morgan senior executives, including Staley, Erdos,
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  Speaker 1: Catherine Keating, then CEO, U.S., knew of Epstein's arrest and
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  Speaker 1: related news coverage, including a Palm Beach Post article which stated,
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  Speaker 1: Epstein paid to have underage girls and young women brought
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  Speaker 1: to his home, where he received massages and sometimes sex.
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  Speaker 1: And police thought that there was probable cause to charge
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  Speaker 1: Epstein with unlawful sex acts with a minor, and lewd
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  Speaker 1: and lascivious molestation. J.P. Morgan's own due diligence process required
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  Speaker 1: that it monitor news, reports about customers, and the Palm
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  Speaker 1: Beach Post article detailed evidence from police documents including a
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  Speaker 1: college student gave Epstein a naked massage and then brought
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  Speaker 1: him six girls ages 14 to 16 for massage and
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  Speaker 1: sex-tinged sessions at Epstein's home. Police obtained statements from five
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  Speaker 1: alleged victims and 17 witnesses. Police contend Epstein had sex
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  Speaker 1: with girls on three occasions. Redacted met Epstein at age
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  Speaker 1: 17 and was recruited to massage him. Epstein told her
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  Speaker 1: that he would pay her to bring her more girls,
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  Speaker 1: the younger the better. She stated that once she brought
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  Speaker 1: a 23-year-old woman to him and Epstein said that she
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  Speaker 1: was too old. She brought six girls to Epstein and
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  Speaker 1: said the girls were paid $ 200 for each session. Redacted
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  Speaker 1: told police I'm like a Heidi Fleiss. A 27-year-old Epstein
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  Speaker 1: employee redacted would arrange the sessions and prepare the massage table.
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  Speaker 1: One 14-year-old victim recounted the details of her encounter in
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  Speaker 1: February of 2005, including being paid $ 300 for a massage
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  Speaker 1: in her bra and panties. For bringing this child to Epstein,
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  Speaker 1: redacted received $ 200. Police scoured the trash from Epstein's house
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  Speaker 1: and found notes with names and phone numbers, sex toys,
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  Speaker 1: and female hygiene products. Notes stated that one girl could
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  Speaker 1: not come over at 7 p.m. because of soccer. Another
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  Speaker 1: said a girl had work on Sunday, Monday after school.
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  Speaker 1: Another girl said she leaves school at 11.30 and would
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  Speaker 1: come over the next day. Another July 2006 news report
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  Speaker 1: said police submitted arrest warrants requests for redacted and redacted.
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  Speaker 1: The same report stated a girl told police she was
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  Speaker 1: paid by Epstein to have sex with redacted as Epstein
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  Speaker 1: watched and Epstein bragged he brought redacted into the United
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  Speaker 1: States to be his Yugoslavian sex slave. JPMorgan knew from
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  Speaker 1: its own work on human trafficking that sexual slavery means
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  Speaker 1: the coercion of the unwilling into various sexual practices. News
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  Speaker 1: around the time of Epstein's arrest also reported that two
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  Speaker 1: of Epstein's former employees told investigators that young-looking girls showed
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  Speaker 1: up to perform massages two or three times a day
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  Speaker 1: when Epstein was in town. The news explained that Epstein
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  Speaker 1: paid $ 200 or $ 300 in cash for the girls and
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  Speaker 1: $ 200 in cash to redacted for recruiting the girls. All right,
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  Speaker 1: we're going to wrap up with this episode here. And
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  Speaker 1: in the next episode dealing with the topic, we're going
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  Speaker 1: to pick up with A. Epstein admitted the conduct, but
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  Speaker 1: not the ages, to Staley. All of the information that
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  Speaker 1: goes with this episode can be found in the description box.