US Virgin Islands demands $150 million penalties, other damages from JPMorgan in Epstein case

This post was originally published on this site

https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ6D0SR_L.jpg

NEW YORK (Reuters) – The U.S. Virgin Islands said it wants JPMorgan Chase (NYSE:JPM) to pay $150 million in civil penalties plus additional damages to resolve a lawsuit accusing the largest U.S. bank of ignoring the disgraced late financier Jeffrey Epstein’s sex trafficking.

The dollar amount was provided in a filing on Friday in federal court in Manhattan. The U.S. Virgin Islands had not previously disclosed publicly any particular sum it wanted JPMorgan to pay.