JPMorgan Chase was aware by 2006 that Jeffrey Epstein had been accused of paying cash to have “underage girls and young women” brought to his home — seven years before the bank dropped him as a client, legal filings in New York on Wednesday alleged.
Mary Erdoes, now head of asset management at the US bank, said under oath in a recent deposition that JPMorgan knew about the accusations by 2006, lawyers wrote in newly unredacted portions of a lawsuit filed against the bank by the US Virgin Islands, where Epstein had a home.
“In 2010, JPMorgan compliance officials decided that Epstein ‘should go’,” according to the filings. The bank eventually ended its relationship with Epstein in 2013.