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Bank of America Settles Epstein Sex-Trafficking Charges for Loose Change

KEY POINTS

  • •Bank of America agreed to pay $72.5 million to settle sex trafficking related claims connected to Jeffrey Epstein.
  • •The settlement covers abuse between June 30, 2008, and July 6, 2019, and awaits approval from Judge Jed Rakoff.
  • •JPMorgan and Deutsche Bank have paid $290 million and $75 million respectively to resolve similar lawsuits.

Bank of America decided to toss $72.5 million (think: Hollywood yacht party budget) to settle a Manhattan federal court case accusing them of cozying up to Jeffrey Epstein’s sordid sex trafficking empire from June 30, 2008 to July 6, 2019. This blockbuster payout awaits Judge Jed Rakoff’s magic gavel by April 2, following a deadline on March 27. The bank claims they didn’t knowingly fuel the trafficking machine while victims—at least 60 women, no less—await closure. Meanwhile, JPMorgan is throwing a $290 million pity party, Deutsche Bank chipped in $75 million, and Epstein, the original Sin City VIP, was found dead in his Manhattan cell on August 10, 2019.

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Source: Businessinsider | Published: 3/28/2026 | Author: Tristan Anthony

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