Bank of America Moves to Settle Epstein Victims Lawsuit (3/18/26)

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So that also means that Leon Black obviously is not going to be opposed. And honestly, I doubt

that we're ever going to get Leon Black under oath talking about Jeffrey Epstein. You know that

Congress isn't going to do it. And anytime there's a lawsuit that pops up that has to do with Leon

Black. He always finds an exit because he has a big bank account. I mean, he paid 62 million

down in the USVI to get out of that trouble. He also paid Guzelgani Eva a king's ransom

during their dispute. So it's not like Leon Black is against spending a bunch of money to try

and get out from underneath the shadow of Jeffrey Epstein. The problem for Leon Black though is there's

no escape. Maybe with legacy media, maybe with people that want this to go away. But when it comes

to people who know the story, who know the people that were truly involved and breaking news,

it's not Ted Wade. Why Congress is wasting their time, opposing Ted Wade. I'll never understand,

especially considering they've never even spoken to Leon Black. Have you guys brought in Adriana

Ross or Leslie Groff? But sure, let's talk to Ted Wade. But considering the way that the Congressional

committee has conducted itself, is anybody surprised that they're trying to waste time and bring in

Ted Wade instead of somebody of consequence? How about you guys talk to Nicholas Tartaglioni,

put him under oath or how about the OIG investigators that investigated what happened in that jail cell?

Why don't you guys talk about the NPA? Well, the reason is they're not trying to get to the bottom

of what happened. They're trying to placate you. They want you to focus on other things,

certainly not this and as far as Bank of America is concerned. The last thing they want to do is

have some drawn out lawsuit where they end up just settling like JP Morgan anyway. So they took a

look at the allegations. They took a look at the paperwork and they were like, you know what? Why don't

we just settle here? And honestly, that's in their best interest because if this got to discovery,

if it got to a point where those depositions started coming in, it could have got real bad for

Bank of America real quick. And I think Bank of America saw the writing on the wall considering

the lawsuits that have been filed previously against the financial sector and settled for a gigantic

amount of money. So Bank of America was very aware of that. And when they went into this,

that was probably the goal, right? See what they had. Get the initial, you know, back and forth

discovery process going. And once they saw the evidence or the proposed evidence,

they decided that it's in their best interest just to cut their losses here and settle up.

And if I was an investor at Bank of America, I'd be happy about that.

This article was published by ABC News and the headline Bank of America reaches proposed

non-binding settlement in pseudo-ledging it aided Jeffrey Epstein's crimes.

This article was authored by Peter Charlembeau and James Hill.

Bank of America has reached a proposed non-binding settlement in a lawsuit that alleged that the bank

helped facilitate Jeffrey Epstein's trafficking operation, according to court records.

The proposed class action compliant filed in October of 2025, alleged that Bank of America

knowingly provided the financial support and the veneer of institutional legitimacy to Epstein

and ignored suspicious transactions by the late disgraced financier. And look, there's a paper

trail for all of that. And that's why you see the bank so willing to settle.

Don't think for a minute that Bank of America doesn't have the best lawyers that they don't have

a legal team filled with high-priced lawyers and hot shots. And if they could have found any way

out of the settlement, right, any way out of the suit, that's what they would have done.

A notice on the case docket said that lawyers for the bank and the victims reached a settlement

in principle. The terms of the settlement were not immediately disclosed and would need to be

approved by a federal judge. U.S. District Judge Jed Raycoff had previously scheduled the case

to go to trial on May 11th. Well, being a bit familiar with Judge Raycoff, my guess is he's

going to approve this and let it go through. I think it's in the best interest of the court,

obviously, if he can have both parties come to the table and find a middle ground. That's obviously

the goal. So I think Judge Raycoff is going to okay this deal and we should see this settlement

get moving relatively quickly. A court hearing to consider the settlement proposal is scheduled for

April 2nd and federal court in New York, according to the docket. Bank of America declined to

comment on the proposed settlement to ABC news and attorney for the victims called the proposed

settlement one more step on the road to much deserve justice. Well, look, I agree, right? There's

no doubt that there's really no other avenue for the abused and the aggrieved to get compensation

here. Nobody's going to go to prison. So all that's left is making it a financial burden on

these people. And I know that's not what any of us want. But unfortunately, that's the way the

system set up. If you're rich enough, you can buy your way out of just about anything. The women

entrapped and abused by Jeffrey Epstein and Glan Maxwell started a monumental reckoning with

their brave voices and fearlessness. The road to justice for these women has been long and trying.

Attorney Sigrid McCauley said in a statement, and I look back to where this started seven years

ago and where it is today. And I'm kind of blown away, honestly. The amount of progress that's been

made as far as making people aware of what's going on is monumental. Now, of course, we all want those

arrests. We all want justice. But I think one of the first steps toward that occurring is more

people being aware of what went on, and more people understanding that this most certainly

is not some conspiracy theory. Though the terms of the settlement are unknown,

a proposed resolution of the case would likely scuttle an upcoming deposition of Apollo Global

Management co-founder Leon Black, who was scheduled to sit for questioning on March 26th.

Black resigned from his role at Apollo in 2021 after an inquiry into his relationship with Epstein,

which found that black paid Epstein 158 million dollars for tax and a state planning advice.

And I remember when the push was on to get Leon Black out.

That was a concerted effort by a lot of people and the same goes for Glenn Dubin, the same goes for

Les Waxner, and also the beginning of the end for Prince Andrew. All of them were sacked due to

their nonsense with Epstein during the initial investigation after Epstein was arrested and certainly

after he died. So the people that you see stepping down now due to their ties to Epstein is just

a continuation from what was going on back in 2019 all the way through 2000 and 22 or so.

And when Leon Black was first called on the carpet, it was a battle, right? He wasn't going to go

down without a fight. But again, the evidence is abundant. And Leon Black at Apollo, they understood

that Leon Black had to step down. Now does that mean that Leon Black had nothing to do with the

company that he wasn't still, you know, in the shadows? Of course not. But act like Leon Black is

somebody new in this story is absolutely insane. This man has been in the center of what Epstein was

up to for a long-ass time. And whether you believe the trafficking allegations are not, I have a

hard time believing anybody thinks that Leon Black was giving Jeffrey Epstein $158 million for

tax advice. In a statement from January, Black's attorney said his client had no awareness of Epstein's

criminal activity. And there is absolutely no truth to any of the allegations against Mr. Black,

the lawsuit against Bank of America alleged that those payments from Black and other transactions

by Epstein should have raised concern by the bank, which fell to alert law enforcement

as Epstein's crimes before it was far too late. President Barack Obama. Virginia, we are counting on

you. Republicans want to steal enough seats in Congress to raid the next election and wield

unchecked power for two more years. But you can stop them by voting yes by April 21st.

Help put our elections back on a level playing field and let voters decide not politicians.

Vote yes by April 21st. Paid for by Virginians for fair elections.

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Well, that's the problem when you don't file the SARS.

If you would have filed the suspicious activity reports, you wouldn't have to worry.

You'd be covered. You did your job. You filed the SARS and the government chose to ignore them.

But as the financial institution, if you didn't do that, if you didn't file those SARS,

you're now responsible. It's on you. And obviously, Bank of America and all of these banks that were

involved were way more interested in making money than protecting anybody. Epstein committed

these crimes by means of not only his own extraordinary wealth and power, but through access to funding

and financial support from both individuals and institutions, including Bank of America.

Egregiously, Bank of America had a plethora of information regarding Epstein's sex trafficking

operation, but chose profit over protecting victims, the lawsuit alleged. Well, that's exactly

what they did. I don't even think that's an allegation, honestly. Does anyone out there really

believe that the bank had no idea that these transactions were suspicious and that they should have

been flagged and notated? Of course, they knew, but again, they didn't care. And now it's going

to cost them, but unfortunately, the damage is already done. And nobody's going to really be held

to account. It's going to cost them financially, but that's it. Bank of America had unsuccessfully

attempted to persuade the court to dismiss the case by arguing that the suit was based on nothing

more than allegations that it provided routine services to customers who at the time had no

known connection to Epstein's trafficking ring. Bank of America opposes trafficking in all of

its forms, but this suit attempts to radically expand the liability for banks, holding them liable

for providing ordinary banking services to individuals one or more steps removed from a trafficker.

On November 2025 filing from the bank's lawyer said, meanwhile, they have no problem

cancelling or closing your account if you're doing something that don't like. Shopping somewhere

they don't like. Donating somewhere they don't like. But Jeffrey Epstein and his friends,

ah, come on. What are you crazy? We can't miss out on that money. We got to make sure that we're

banking the beast. And that's always been the story, right? The financial sector is going to do

what the financial sector does, whether it's Jeffrey Epstein, whether it's some god awful war,

or whether it's the next monster and waiting, one thing you can count on is the involvement

of the scoundrels in the financial sector. All right, folks, that's going to do it for this one.

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