- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Epstein : JP Morgan Reported >$1 B in Financial Transactions To US Treasury
Posted on 9/4/23 at 6:34 pm
Posted on 9/4/23 at 6:34 pm
No wonder JP Morgan settled with the victims for nearly $300 Million ….. The scale of CIA corruption here …. north of $1 Billion …
is incredible …….
Release the list ……. now.
LINK
is incredible …….
Release the list ……. now.
quote:
September 4, 2023
That’s BILLION, with a “B”. According to recently revealed court transcripts, in the US Virgin Islands lawsuit against JPMorgan, in the aftermath of Epstein’s death the massive bank reported over $1 billion in suspicious activity reports to the U.S. Treasury.
Attorney for USVA, Mimi Liu, outlined details to Judge Jed Rakoff in U.S. District Court in Manhattan last Thursday. According to the astonishing revelations, the entire financial relationship between Jeffrey Epstein and JPMorgan was centered around payments for sex trafficking. There was no other business between the two entities in the 16 years of Epstein’s use of the bank. All of the Epstein account transactions were based around his sex trafficking operation.
Additionally, in the aftermath of Epstein’s death, JPMorgan then reported at least $1 billion worth of transactions under the auspices of “suspicious activity.” This certainly looks like what lawyer Mimi Liu called in court, “covering their arse.”
LINK
4
Posted on 9/4/23 at 6:38 pm to cadillacattack
Gov't controlled Bank; almost every shady bank deal is with JP Morgan.
Corrupt...to big to fail
Corrupt...to big to fail
Posted on 9/4/23 at 6:41 pm to cadillacattack
If this ended up getting reported to the Treasury, why wasn’t it investigated? Seems like frickery on both sides.
This post was edited on 9/4/23 at 6:52 pm
Posted on 9/4/23 at 8:09 pm to cadillacattack
I’m not discounting that people within JPMC may have known what Epstein was up to (many within JPMC knew about Madoff after all); however, them filing after the fact is common practice within the banking industry when significant adverse media about a client comes to light.
In the industry this would be called a trigger event, and their compliance teams go back through historical activity to determine whether any transaction activity relevant to the adverse media flowed through the institution and was missed through regular transaction surveillance processes.
It is a bit of a CYA exercise (as another poster mentioned), but it is part of most these large financial institutions standard AML/ financial crimes compliance practices as a sort of stop gap detective control.
In the industry this would be called a trigger event, and their compliance teams go back through historical activity to determine whether any transaction activity relevant to the adverse media flowed through the institution and was missed through regular transaction surveillance processes.
It is a bit of a CYA exercise (as another poster mentioned), but it is part of most these large financial institutions standard AML/ financial crimes compliance practices as a sort of stop gap detective control.
Posted on 9/4/23 at 8:19 pm to cadillacattack
Epstein was a Mossad asset.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News