Jeffrey Epstein tapped JPMorgan to assist former Obama counsel: Affidavit | World News

Jeffrey Epstein tapped JPMorgan to assist former Obama counsel: Affidavit | World News [ad_1]

Jeffrey Epstein’s assistant reached out to a senior government at JPMorgan Chase & Co. greater than 4 years in the past to assist former Obama White Home lawyer Kathy Ruemmler open an account earlier than she joined Goldman Sachs Group Inc., the place she is now basic counsel, in response to a court docket submitting.

FILE- Jeffrey Epstein seems in court docket in West Palm Seashore, Fla., July 30, 2008. The Justice Division’s watchdog mentioned Tuesday, June 27, 2023, that “a mix of negligence and misconduct” enabled Jeffrey Epstein to take his personal life at a federal jail in New York Metropolis. (Uma Sanghvi/Palm Seashore Submit through AP, File)(AP)

An e-mail thread initiated by the financier’s workplace was revealed in a lawsuit by the US Virgin Islands that accuses JPMorgan of knowingly benefiting from Epstein’s intercourse crimes. The dialog was about six years after the financial institution fired Epstein as a consumer and 6 months earlier than Epstein died in jail by suicide whereas awaiting trial.

Mary Erdoes, head of asset and wealth administration on the financial institution, forwarded Epstein’s request to Stacey Friedman, the final counsel at JPMorgan.

“Are you aware Kathy? Any motive we shouldn’t take her?” Erdoes wrote within the February 2019 e-mail. “Odd that that is coming by means of JE...”

Friedman responded that she knew Ruemmler effectively, praised her a star litigator and thought she’d be a “nice consumer.”

Epstein solid connections at JPMorgan that generated greater than $8 million in income for its non-public banking funding enterprise, in response to paperwork within the lawsuit.

His relationship with the financial institution grew to become controversial after his arrest for intercourse crimes. The US Virgin Islands, the place he had a non-public retreat and introduced a few of his victims earlier than his demise in 2019, is looking for a minimum of $190 million from JPMorgan. The territory accuses the corporate of placing the income it generated from Epstein’s enterprise and connections forward of appearing on warning indicators.

Erdoes fired Epstein as a consumer in 2013, after Jes Staley, his chief supporter, had left JPMorgan.

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