Bussiness

Virgin Isles AG subpoenas major banks for Jeffrey Epstein financial records

The US Virgin Islands has subpoenaed multiple major banks for more information on Jeffrey Epstein’s finances, according to a report.

Big financial institutions like Deutsche Bank, JPMorgan Chase and Citibank were told to turn over records, transaction information and communications relating to the dead financier, his estate, his companies, trusts and non-profits, ABC reported.

The subpoenas were issued by U.S. Virgin Islands Attorney General Denise George over the past few weeks in her civil case against Epstein’s estate.

The January forfeiture lawsuit alleged that Epstein used his companies to help run a decades-long sex trafficking scheme from his private Caribbean estates where minors were “lured and recruited” to travel by helicopter, plane and boat to the islands under fraudulent promises and were then raped and abused by Epstein and his associates as recently as 2019.

Lawyers for the estate filed a motion to dismiss on the grounds that the lawsuit is untimely and is getting in the way of the estate — which is worth roughly $634 million — paying creditors and victims.

Victims of the accused pedophile can now apply to a victims compensation fund.

George also said earlier this month that she was looking into the role that Ghislaine Maxwell played in Epstein’s scheme. Maxwell, 58, was arrested July 2 for allegedly grooming young girls for sex.

Epstein, 66, first bought property in the US VI in 1998 when he purchased private island Little St. James — a/k/a “Pedophile Island.” He built up his property there and moved permanently in 2010 eventually buying an accompanying island named Great St. James.

Jeffrey Epstein’s property on Little St. James IslandREUTERS

Epstein killed himself in a Lower Manhattan jail cell last August as he was awaiting trial on sex-trafficking charges.

There were at least 10 banks and financial institutions that were issued subpoenas by George’s office, the outlet reported.

JPMorgan Chase, Citibank and Deutsche Bank separately all declined to comment.

Related Posts