{"id":3918,"date":"2026-08-05T19:30:02","date_gmt":"2026-08-05T19:30:02","guid":{"rendered":"https:\/\/www.arabnewsmonitor.com\/?p=3918"},"modified":"2026-08-05T19:30:02","modified_gmt":"2026-08-05T19:30:02","slug":"top-wall-street-banks-helped-epstein-move-billions-report","status":"publish","type":"post","link":"https:\/\/www.arabnewsmonitor.com\/?p=3918","title":{"rendered":"Top Wall Street banks helped Epstein move billions \u2013 report"},"content":{"rendered":"

Democrats have accused three banks of helping the notorious pedophile \u201chide in plain sight\u201d<\/strong><\/p>\n

Deutsche Bank, JPMorgan Chase, and Bank of America all helped Jeffrey Epstein make more than $1 billion in suspicious transfers, including payments to trafficked eastern European women, according to a report by Democrats on the US Senate Finance Committee.<\/p>\n

According to the report, more than a dozen bankers at the three Wall Street firms were aware of suspicious transfers made by Epstein as far back as 2002, but the banks failed to report these transactions until years later, after Epstein had been arrested and charged with sex trafficking.<\/p>\n

Epstein was a client of JPMorgan between 1998 and 2013, during which time he made 5,000 suspicious transfers totaling $1.1 billion, according to the report. Although JPMorgan dropped Epstein as a client in 2013, five years after his first child sex abuse conviction, the bank waited until after his arrest and death in prison in 2019 to retroactively flag these transactions with the US Treasury Department.<\/p>\n

The Suspicious Activity Reports (SARs) filed by JPMorgan included payments to women in Russia, Belarus, and Turkmenistan, to women who had \u201cbeen in a relationship with Epstein,\u201d<\/em> or were \u201cprocurers of women as part of trafficking.\u201d<\/em><\/p>\n

\n

Bombshell new report out from my investigators this morning spanning our four year investigation into Jeffrey Epstein\u2019s financial records. <\/p>\n

This report shows exactly how Wall Street protected Epstein and enabled his sex trafficking for decades. https:\/\/t.co\/OwOadLbjLo<\/a><\/p>\n

\u2014 Ron Wyden (@RonWyden) August 4, 2026<\/a><\/p><\/blockquote>\n

JPMorgan\u2019s compliance executives lobbied their superiors to cut ties with Epstein since at least 2010, with one calling him \u201cscum.\u201d<\/em> However, senior executives \u2013 who, according to the report, knew about Epstein\u2019s payments to trafficked women and joked about his penchant for \u201cnymphettes\u201d<\/em> \u2013 overruled them, and kept the convicted pedophile as a client until 2013.<\/p>\n

\n Read more<\/strong><\/span><\/p>\n

\n \"Documents
New abuse probe raises Epstein behavior at elite US arts school<\/a><\/figcaption><\/figure>\n<\/blockquote>\n

Deutsche Bank was also aware of suspicious transfers by Epstein, but only submitted SARs to the Treasury until 2019. Epstein transferred most of his assets to Deutsche Bank after he was booted by JPMorgan, and between 2013 and 2019, made 1,140 suspicious transfers, according to the report.<\/p>\n

Bank of America failed to report $170 million in payments from billionaire Leon Black, who claimed he paid the pedophile for tax advice. Much of Black\u2019s money ended up financing Epstein\u2019s sex trafficking operation in the US Virgin Islands, and although the bank determined that these payments had \u201cno apparent economic, business or lawful purpose,\u201d<\/em> it did not file SARs until 2020.<\/p>\n

Under the Bank Secrecy Act, banks are required to promptly notify the government whenever they suspect money is being laundered or used to finance illegal activities. \u201cThe bankers who needed to be asking questions didn\u2019t ask them,\u201d<\/em> the report states. \u201cJeffrey Epstein\u2019s crimes were hiding in plain sight.\u201d<\/em><\/p>\n

According to Senator Ron Wyden, the Finance Committee\u2019s ranking Democrat, President Donald Trump\u2019s allies attempted to prevent the committee from obtaining Epstein\u2019s bank records. Treasury Secretary Scott Bessent allegedly refused three requests to turn over details on the SARs, while Senate Republicans blocked a bill that would have compelled the Treasury to hand over the files.<\/p>\n","protected":false},"excerpt":{"rendered":"

Democrats have accused three banks of helping the notorious pedophile \u201chide in plain sight\u201d Deutsche…<\/p>\n","protected":false},"author":0,"featured_media":3919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-3918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news"],"_links":{"self":[{"href":"https:\/\/www.arabnewsmonitor.com\/index.php?rest_route=\/wp\/v2\/posts\/3918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.arabnewsmonitor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.arabnewsmonitor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.arabnewsmonitor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3918"}],"version-history":[{"count":0,"href":"https:\/\/www.arabnewsmonitor.com\/index.php?rest_route=\/wp\/v2\/posts\/3918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.arabnewsmonitor.com\/index.php?rest_route=\/wp\/v2\/media\/3919"}],"wp:attachment":[{"href":"https:\/\/www.arabnewsmonitor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.arabnewsmonitor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.arabnewsmonitor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}