KEY POINTS
  • A New York federal judge ruled that the U.S. Virgin Islands and women who accuse the late investor Jeffrey Epstein of sexual abuse can proceed with lawsuits claiming that JPMorgan Chase knowingly benefited from participating in Epstein's sex-trafficking scheme.
  • The judge also allowed parts of a separate, similar lawsuit by Epstein's accusers against Deutsche Bank to proceed.
  • Epstein, a wealthy former friend of Donald Trump, Bill Clinton and Prince Andrew, killed himself in a Manhattan jail cell in 2019 while awaiting trial on federal child sex-trafficking charges.

In this article

People inside the offices of JPMorgan Chase in New York City.

A New York federal judge on Monday ruled that the U.S. Virgin Islands and women who accuse the late investor Jeffrey Epstein of sexual abuse can proceed with lawsuits claiming that JPMorgan Chase knowingly benefited from participating in Epstein's sex-trafficking scheme.

In addition, the judge allowed parts of a separate, similar lawsuit by Epstein's accusers against Deutsche Bank, including the claim that that bank also knowingly benefited.

In this article