JPMorgan Chase CEO says he never met Jeffrey Epstein and hadn't heard of him until Epstein’s 2019 arrest, and that he wasn’t aware of the bank’s internal investigation of its relationship with Epstein, who kept much of his fortune at the bank for 15 years.
PrintThe head of JPMorgan Chase said that he had never met disgraced financier Jeffrey Epstein and never even heard of him until Epstein’s 2019 arrest, and that he wasn’t aware of the bank’s internal investigation of its relationship with Epstein, who kept much of his fortune at the bank for 15 years.
But according to the transcript Dimon testified that he was not informed by anyone at the bank that Epstein had entered a guilty plea to soliciting a minor in Florida in 2008. Dimon said he also wasn’t aware that in 2008 the bank reviewed whether Epstein should remain a JPMorgan Chase customer due to his plea.
Cutler said Epstein was “not an honorable person in any way” and “he should not be a client,” the transcript showed. An attorney for the Virgin Islands read the email to Dimon during his questioning.Dimon responded that he wasn’t “aware at the time” of the email. “Had the firm believed he was engaged in an ongoing sex trafficking operation, Epstein would not have been retained as client,” a JPMorgan Chase spokesperson said in a statement Wednesday night. “In hindsight, we regret he was ever a client.”
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