Table of Contents
- Epstein-JPMorgan Revelations
- Wall Street Figures Named in Suspicious Activity Report
- What JPMorgan Reported to U.S. Authorities
- Bank’s Response and Legal Fallout
- Congressional Reaction and Calls for Accountability
- Sources
Epstein-JPMorgan Revelations
In a stunning disclosure ordered by a federal judge, JPMorgan Chase has released internal documents revealing it flagged over $1 billion in potentially suspicious transactions tied to convicted sex trafficker Jeffrey Epstein following his death in 2019.
The bank filed a Suspicious Activity Report (SAR) just weeks after Epstein was found dead in a Manhattan jail cell while awaiting trial on federal sex-trafficking charges. The report, part of hundreds of pages of newly unsealed court records, details thousands of transactions involving Epstein and some of Wall Street’s most powerful figures.
Wall Street Figures Named in Suspicious Activity Report
Among those linked to Epstein in JPMorgan’s SAR are:
- Leon Black – Co-founder of Apollo Global Management
- Glenn Dubin – Hedge fund manager and former JPMorgan client
- Alan Dershowitz – Harvard Law professor and Epstein’s former defense attorney
- Leslie Wexner – Founder of L Brands (Victoria’s Secret)
While the nature of many transactions remains unclear, the bank flagged wire transfers, trust activity, and payments potentially tied to human trafficking. None of the named individuals have faced criminal charges related to Epstein.
Notable Transaction Highlights
| Individual | Reported Activity | Amount/Details |
|---|---|---|
| Leslie Wexner | Trust wire transfers | $65 million (mid-2000s) |
| Leon Black | Payments to Epstein & associates | $170 million + payments to women linked to Epstein |
| Glenn Dubin | Business & personal transactions | Included $15M fee Epstein received for brokering Dubin’s hedge fund sale to JPMorgan |
What JPMorgan Reported to U.S. Authorities
JPMorgan’s 2019 SAR identified approximately 4,700 transactions totaling more than $1 billion. The bank cited concerns about Epstein’s ties to human trafficking, large cash withdrawals, and transfers to Russian banks. The report also noted Epstein’s past relationships with two U.S. presidents—Donald Trump and Bill Clinton—though no illicit activity involving them was alleged.
Despite internal warnings from employees as early as the mid-2000s, JPMorgan continued servicing Epstein’s accounts for over a decade—processing payments to victims, facilitating international transfers, and even helping him recruit high-profile clients like Google founders Sergey Brin and Larry Page.
Bank’s Response and Legal Fallout
In a statement, JPMorgan spokeswoman Patricia A. Wexler emphasized that the bank had “repeatedly alerted regulators” through SAR filings. She added, “It does not appear that anyone in the government or law enforcement acted on those SARs for years.”
The newly released documents stem from 2023 litigation brought by Epstein’s victims and the U.S. Virgin Islands, where Epstein operated his private island. JPMorgan settled for $290 million with victims and an additional $75 million with the Virgin Islands government.
While the bank claims it “was not aware of his sexual abuse,” internal emails show executives discussing Epstein’s role in bringing in billionaire clients and structuring complex tax-avoidance trusts.
Congressional Reaction and Calls for Accountability
Lawmakers are now demanding answers. Several members of Congress have called for hearings into JPMorgan’s conduct, with specific requests for CEO Jamie Dimon to testify or respond to written questions.
Though Dimon has stated he was unaware of the bank’s deep ties to Epstein until 2019, at least one senior executive testified under oath that he had discussed the relationship directly with Dimon—raising fresh questions about executive oversight.
