US Virgin Islands Gave Jeffrey Epstein $300 Million In Tax Incentives, JPMorgan Submitting Says
The U.S. Virgin Islands (USVI) gave deceased convicted intercourse offender Jeffrey Epstein greater than $300 million in tax incentives and different advantages, based on a court docket submitting from JPMorgan Chase.
JPMorgan Chase alleged that Epstein was given over $300 million in tax incentives and had intercourse offender monitoring necessities lifted due to bribes and assist given to USVI officers, enabling his intercourse trafficking operation, based on Tuesday court docket filings. JPMorgan Chase beforehand paid $290 million in a category motion lawsuit to Epstein’s victims after ignoring inside warnings about Epstein. (RELATED: JPMorgan Calls for $80 Million From Epstein-Linked Exec)
“For 20 years, Epstein maintained a quid professional quo relationship with USVI’s highest rating officers,” the submitting alleges. “He gave them cash, recommendation, affect, and favors. In change, they shielded and even rewarded him, granting him greater than $300 million in tax incentives, waiving intercourse offender monitoring necessities, trying the opposite manner when he walked by USVI airports accompanied by ladies and younger girls, and even facilitating ESL lessons and visas that allowed Epstein to deliver victims to his island. ”
🚨 NEW: JPMorgan Chase has simply revealed the US Virgin Islands gave Jeffrey Epstein greater than $300 MILLION in tax incentives and waived intercourse offender monitoring necessities for the disgraced financier.
The financial institution can be alleging high USVI gov. officers KNEW about Epstein’s… pic.twitter.com/q5DaO4MsHG
— Nick Sortor (@nicksortor) June 21, 2023
The USVI has beforehand taken motion to deal with the fallout round Epstein and Little St. James, his personal island the place a lot of his alleged crimes have been dedicated, by extracting proceeds from the sale of the island, based on a press launch from the USVI Lawyer Normal. The Epstein property and co-defendants have been ordered by a USVI court docket to pay the territory’s authorities $105 million and half of the proceeds from the sale of the personal island, in addition to one other $450,000 in environmental damages.
JPMorgan Chase introduced June 12 that it had reached an settlement in a case involving victims of Epstein’s youngster intercourse trafficking operation. The case claims that JPMorgan Chase enabled Epstein’s youngster intercourse trafficking operation by retaining him as a consumer although he was discovered responsible of intercourse crimes within the late 2000s.
When contacted by the Day by day Caller Information Basis, JPMorgan Chase deferred to the statements made within the submitting and pointed to earlier statements, saying, “All of us now perceive that Epstein’s habits was monstrous – any affiliation with him was a mistake and we remorse it. We might by no means have continued to do enterprise with him if we believed he was utilizing our financial institution in any manner to assist commit heinous crimes.”
The U.S. Virgin Islands’ Division of Justice didn’t instantly reply to a request for remark.
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