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Deutsche Bank Agrees to $75M Settlement for Epstein Survivors as JPMorgan Chase Faces Lawsuit

HeadlineMay 18, 2023

Deutsche Bank has agreed to pay $75 million to survivors of sexual abuse by deceased financier and convicted sex trafficker Jeffrey Epstein. The settlement comes as part of a class-action lawsuit against the bank for helping finance Epstein’s crimes.

In related news, the U.S. Virgin Islands has subpoenaed billionaire Elon Musk as part of its lawsuit against JPMorgan Chase over the bank’s enabling of Epstein’s human trafficking empire in the Virgin Islands, where Epstein owned two islands. The suit does not state any wrongdoing by Musk but seeks more information on any role Epstein may have played in managing Musk’s finances.

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