JPMorgan Flagged $1B Epstein Transactions; No Charges

Weeks after Jeffrey Epstein died in federal custody in 2019, JPMorgan Chase filed a Suspicious Activity Report identifying roughly 4,700 transactions totaling more than $1 billion that it believed could be tied to reports of human trafficking. The filing named dealings involving Leon Black, Glenn Dubin, Alan Dershowitz and trusts controlled by Leslie Wexner, singling out about $65 million in mid-2000s transfers linked to Wexner’s trusts, and flagged wire transfers to Russian banks. The report also noted “sensitivities” around Epstein’s relationships with two U.S. presidents. The documents were among hundreds of pages unsealed by U.S. District Judge Jed S. Rakoff after requests from The New York Times and The Wall Street Journal. The filings show JPMorgan continued serving Epstein for years despite earlier internal warnings — including prior SARs about large cash withdrawals — and have intensified scrutiny and litigation. None of the individuals named in the filings has been charged in connection with Epstein.