New evidence has emerged that reveals JPMorgan Chase & Co.’s relationship with deceased sex trafficker Jeffrey Epstein was far more extensive than investigators previously believed, according to reports.
RadarOnline is reporting that the relationship between JPMorgan and Epstein also lasted years beyond when the bank announced they were closing the sex offender’s accounts.
Executives from America’s largest bank also frequently met with Epstein after he was convicted of child sex offenses in 2013.
JPMorgan officials held multiple meetings at Epstein’s New York City townhouse between 2014 and 2017.
The bank has said it shut the convicted sex offender’s accounts in 2013, but its bankers were still meeting with him years later, people familiar with the matter reportedly told Reuters.
Mary Erdoes, a top lieutenant to Chief Executive Jamie Dimon, made two trips to Epstein’s townhouse on Manhattan’s Upper East Side, in 2011 and 2013, according to the report.
At the time, Epstein still was a client of the bank, Reuters’ sources said.
Erdoes exchanged dozens of emails with Epstein and discussed sharing with him fees related to a charitable fund the bank was considering launching, the people said.
Erdoes previously claimed through a JPMorgan spokesman that she only remembered meeting Epstein face to face the day she fired him as a client.
According to the Washington Post, she declined to comment on the latest allegations.
John Duffy, who ran JPMorgan’s U.S. private bank for the ultrarich, went to Epstein’s townhouse for a meeting in April 2013, the people said.
One month later, the private bank renewed an authorization allowing Epstein to borrow money against his accounts.
This decision came despite repeated warnings from compliance staffers about Epstein’s unusual banking practices.
Justin Nelson, one of Epstein’s bankers at JPMorgan, had about a half-dozen meetings at Epstein’s townhouse between 2014 and 2017, the people said.
He also traveled to Epstein’s ranch in New Mexico in 2016, the people said.
A new version of a lawsuit accusing JPMorgan of aiding in Epstein’s sex trafficking includes claims that the bank ignored pleas to cut ties with the financier.
It also states that bank officials joked about whether Epstein knew Miley Cyrus.
It also elaborates on the previously-disclosed accusation that Epstein’s behavior was so widely known at JPMorgan that senior executives joked about his interest in underage girls.
One example, from 2028, highlights that Erdoes “received an email asking her whether Epstein was at an event ‘with miley cyrus.'”
Cyrus, the singer and actress then starring in Disney Channel’s “Hannah Montana,” was 16 at the time.