JPMorgan CEO Jamie Dimon says he never heard of Jeffrey Epstein until his 2019 arrest.
FILE - JPMorgan Chase & Company Chairman and CEO Jamie Dimon testifies at a Senate Banking Committee annual Wall Street oversight hearing, Sept. 22, 2022, on Capitol Hill in Washington. Dimon has testified that he never heard of Jeffrey Epstein and his crimes against teenage girls and young women until the financier was arrested in 2019 by federal authorities in New York City, according to a transcript of the videotaped deposition released Wednesday, May 31, 2023.
The lawsuits on behalf of Epstein victims and the U.S. Virgin Islands in Manhattan federal court seek to hold JPMorgan financially liable for Epstein's decadeslong abuse of teenage girls and young women. Confronted at the deposition with an email from Epstein's former assistant suggesting that Dimon was scheduled to meet with Epstein as far back as 2010, the president and chairman of JPMorgan insisted it was untrue.
Dimon said, “I don't know what he thought at the time. He was obviously misinformed. I never — this never took place.”Dimon denied knowing anything about efforts at the bank in 2006 and 2011 to curtail its dealings with Epstein as he faced criminal charges in Florida. After pleading guilty to state charges there, Epstein spent 13 months in jail and paid settlements to victims.
At one point in the deposition, Dimon agreed that Epstein was a “disaster” and “terrible” for the bank.
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