Jamie Dimon is to be interviewed under oath over decision to retain Jeffrey ... trends now
JPMorgan Chase CEO Jamie Dimon will face federal prosecutors under oath about his bank's decision to retain pedophile Jeffrey Epstein as a client despite his sex trafficking.
Dimon is set to give a sworn deposition behind closed doors in May, the Financial Times reported, as part of two suits brought against the largest US bank by an alleged Epstein victim and the US Virgin Islands, where the disgraced financier had a home.
The lawsuits claim that JPMorgan, where Epstein banked from 1998 to 2013, benefitted from human trafficking and ignored internal warnings about their client's illegal activities.
A pre-trial investigation later claimed that Dimon conducted some sort of 'review' about the bank's relationship with Epstein in the years before he was arrested.
But the bank has repeatedly denied that Dimon conducted any such review, and has described the lawsuits against it as 'meritless.' Instead, bank officials have tried to shift the blame of its business dealings with Epstein to former executive James Edward 'Jes' Staley.
Jamie Dimon, the CEO of JPMorgan Chase, is set to give sworn testimony about his bank's dealings with sex pest Jeffrey Epstein in a closed-door hearing in May. He is pictured here last month
The US Virgin Islands filed a lawsuit against the bank alleging knew about Epstein's nefarious behavior for years but turned a blind eye to it
JPMorgan Chase lawyers have repeatedly denied that Dimon was involved in Epstein's sex trafficking scheme, with one person familiar with an internal investigation telling the Financial Times that there is no record of Dimon being in direct communication with Epstein or being included in any discussions about retaining him as a client.
That suit and another brought by one of his alleged victims claims the bank benefitted financially from its relationship with the disgraced financier
The bank has countersued Staley, arguing that he should be held responsible for JPMorgan's financial damages if a federal judge finds that the bank did benefit from its relationship with Epstein.
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