Judge Approves JPMorgan Chase $290 Million Settlement With Jeffrey Epstein Accusers

A federal judge on Monday approved a $290m preliminary settlement in a lawsuit from alleged abuse victims accusing JPMorgan Chase of turning “a blind eye” to the Jeffrey Epstein sex trafficking ring.

“This is a really fine settlement,” US District Judge Jed Rakoff said on Monday in court, according to Reuters.

The suit, filed in court last year on behalf of Epstein victims, under the name of an anonymous woman dubbed Jane Doe 1, accused the bank of ignoring Epstein’s troubled history, including continuing to do business with him for five years after the disgraced financier pleaded guilty in 2008 to child prostitution charges and registered as a sex offender.

Read the source article at independent.co.uk