A mugshot of Jeffrey Epstein launched by the U.S. Justice Division.
Supply: U.S. Justice Division
Google founder Sergey Brin, former Disney government Michael Ovitz, Hyatt Accommodations government chairman Thomas Pritzker and a fourth billionaire, actual property investor Mort Zuckerman, can be subpoenaed in a lawsuit in opposition to JPMorgan Chase by the federal government of the U.S. Virgin Islands associated to intercourse trafficking by Jeffrey Epstein.
The subpoenas had been first reported Friday by The Wall Road Journal. A supply acquainted with the matter confirmed them to CNBC.
The subpoenas demand communications and paperwork associated to the financial institution and Epstein, The Journal famous.
Information of the subpoenas comes three days after it was reported that JPMorgan CEO Jamie Dimon will reply questions below oath within the lawsuit, which alleges that the financial institution ignored warning indicators about Epstein for years and continued retaining him as a buyer.
Kelly Sullivan | Getty Pictures Leisure | Getty Pictures
Final week, the Virgin Islands in a press launch famous that it “alleges JPMorgan Chase may have prevented hurt and trauma confronted by the survivors of Jeffrey Epstein’s heinous abuse.”
“However as an alternative the financial institution selected to look the opposite manner on these authorized issues whereas persevering with to make use of their banking relationship to develop their enterprise with new shoppers launched by Epstein,” the discharge mentioned.
On March 20, Decide Jed Rakoff dominated the swimsuit in opposition to the financial institution, in addition to an identical one by ladies who say Epstein trafficked them, can proceed towards trial.
The plaintiffs declare that JPMorgan knowingly benefited from collaborating in Epstein’s trafficking scheme, which transported ladies to his residence within the Virgin Islands in order that he may sexually abuse them.
Jamie Dimon, CEO, JP Morgan Chase, throughout Jim Cramer interview, Feb. 23, 2023.
JPMorgan has denied allegations within the fits that are pending in U.S. District Courtroom in Manhattan.
The financial institution earlier this month sued former JPMorgan funding banking chief Jes Staley, claiming he’s answerable for the fits associated to Epstein.
The financial institution seeks to claw again greater than $80 million that it paid Staley. He stop as CEO of Barclays in 2021 after a probe by United Kingdom monetary regulators over his ties with Epstein.
A lawyer for the Virgin Islands earlier this month mentioned in court docket that Dimon knew in 2008 that Epstein was a intercourse trafficker. That was the 12 months that Epstein first was hit with intercourse crime fees in state court docket in Florida.
“If Staley is a rogue worker, why is not Jamie Dimon?” the lawyer, Mimi Liu mentioned on the listening to,
“Staley knew, Dimon knew, JPMorgan Chase knew” about Epstein’s felony conduct, Liu mentioned.
A JPMorgan lawyer mentioned on the time that the financial institution disputed these claims, “specifically the purpose about Jamie Dimon having any particular data.” A financial institution spokeswoman has mentioned, “Jamie Dimon has no recollection of reviewing the Epstein accounts.”
JPMorgan solely ended its buyer relationship with Epstein in 2013.
Epstein, a former pal of Donald Trump, Invoice Clinton and Britain’s Prince Andrew, was arrested on federal baby intercourse trafficking fees in July 2019. He killed himself a month later in a Manhattan jail cell after being denied bail.