JP Morgan to pay over claims it enabled Epstein’s sex trafficking operations

Jeffrey Epstein (New York State Sex Offender Registry via AP)

JP Morgan Chase has agreed to pay 75 million (£62 million) to the US Virgin Islands to settle claims that the bank enabled the sex trafficking acts of financier Jeffrey Epstein.

JP Morgan said on Tuesday that 55 million dollars of the settlement will go towards local charities and assistance for victims.