Bank of America Settles Jeffrey Epstein Sex Trafficking Lawsuit for $72.5 Million for Survivors

Bank of America agreed to pay $72.5 million to settle a lawsuit accusing the bank of facilitating Jeffrey Epstein's sex trafficking operations.The settlement follows similar payouts from JPMorgan Chase and Deutsche Bank to victims harmed by the late financier between 2008 and 2019.Although the financial institution denies any wrongdoing, the deal aims to provide relief to survivors after allegations of ignored suspicious activity.US District Judge Jed Rakoff must now provide final approval for the agreement which includes millions of dollars in legal fees for plaintiffs.
Published:17h |Updated:16h
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