The USVI Unleashes More Exhibits Detailing JP Morgan's Ties To Jeffrey Epstein (9/13/26)

0:00What's up everyone and welcome back to the Epstein Chronicles. The Bear Nuckle Brawl down in the US Virgin Islands is in full swing, with the US Virgin Islands itself being accused of enabling Jeffrey Epstein by giving him favorable business deals and looking the other way while he was conducting his disgusting business for decades. However, it's not just the US Virgin Islands here that's being called on the carpet, it's also JP Morgan. And the US Virgin Islands has released some new exhibits detailing JP Morgan's ties to Jeffrey Epstein. So let's dive into this article from the St. Thomas source and let's see where things currently stand. Headline. The eye releases new exhibits detailing JP Morgan's Epstein ties. This article was authored by Cien Cobb. New exhibits filed Tuesday in the Virgin Island government's lawsuit against JP Morgan

1:03Chase, reveal how the bank's top brass continued to court Jeffrey Epstein for his ties to some of the world's wealthiest individuals, even as its compliance arm warned that he was a growing threat. And when you have the compliance department telling you that this isn't somebody we should be doing business with, you should probably listen to the compliance department. That's what they're there for, right? Their job is to make sure that we're in compliance with all of the state and federal laws that we have to be in compliance with. Unless of course your boss Jess Staley comes down and tells you, you know what, look the other way here. Let's act like this never happened. There's no way that Epstein suspicious. Look at all the money he's bringing in and all that bad stuff they say, it's all rumor. Jeffies are great guy. The exhibits include a June 7th letter to Judge Jed Raycoff of Manhattan Federal Court that was previously filed under SEAL seeking to allow the VI Attorney General's office to reopen depositions in light of information it received after questioning key witnesses

2:08in the case, including JP Morgan's billionaire CEO Jamie Diamond. Raycoff on Friday denied that motion and on Tuesday the government unsealed 10 exhibits offering a closer look at JP Morgan's relationship with Epstein, the wealthy financier Petafile, who died by a parent suicide in August of 2019 while in custody in New York on federal child sex trafficking charges. His primary residence was Little St. James, his private island of state in St. Thomas. And if you were getting all kinds of financial benefits for setting up shops somewhere, wouldn't you go there too? Or yet in reports now that Epstein received up to $300 million in tax incentives from the US Virgin Islands. So if you were getting those sorts of tax incentives and they were going to rewrite or try to rewrite the offender's law for you, why wouldn't you want to set up shop down on this island? He knew that his great wealth could be harnessed into a powerful tool in a place like Little

3:11St. James and in St. Thomas where there's poverty. After there is vulnerable people to exploit, you know that somebody like Epstein won't be far behind. The government's complaint filed December 27th in Manhattan federal court claims JP Morgan violated the Federal Trafficking Victims Protection Act and its services to Epstein, whom it kept as a client even after his 2008 conviction for procuring a minor for prostitution in Florida. The case is scheduled for trial on October 23rd and I don't think they're going to settle like I've said before from the very beginning, I think that JP Morgan is ready to go to the mattresses here. They believe that US Virgin Islands should share some of the responsibility and they don't believe that they should be paying one single cent to the US Virgin Islands. You notice how quickly they paid out the survivors, right? They knew that wasn't a winning proposition. However, they feel like they can fight it. And every single time the US Virgin Islands has unleashed a new document that says that JP

4:17Morgan is in bed with Epstein or was in bed with Epstein. We see the same thing by JP Morgan talking about the US Virgin Islands being complicit with what he was up to. And then the rest of us are sitting around saying to ourselves, as both of you keep firing off salvo after salvo, all you're doing is further strengthening everyone's belief that you all knew. So as these two parties wage all out war, looking to destroy each other, what they're really doing is exposing themselves for the scoundrel ass scuzzballs that they are. And I know that none of you out there listening needed to know that. You didn't need a refresher course on how scummy the financial sector is, but for the people who don't follow the case closely, who might just be learning about it, well they're getting a whole last face full at just how scummy the biggest bank in the United States is. Jeffrey Epstein connected JP Morgan Chase's executives with some of the world's most high profile and wealthy individuals. The V.I. attorney general's office said in a statement following Tuesday's filing, the

5:22US V.I.s can plan alleges that in return for bringing valuable new clients into the bank, JP Morgan Chase, through its senior executives, including Mary Erdos, ignored the evidence of Jeffrey Epstein's crimes and traded victims public safety for its own profits. What have they been listening to the podcast? Because that's been my mantra here from the jump. All of these people, the US Virgin Islands as well, have put profits over people. So it's hypocritical at best to see them say that in a filing. Friends in high places. According to the government's filing, Epstein offered JP Morgan access to such high profile individuals as Prince Andrew of Great Britain, Microsoft founder Bill Gates, American billionaire and private equity investor Leon Black, former US presidential advisor David Gergen, Israeli general and politician, Ahood Barak, Israeli Prime Minister Benjamin Netanyahu, the children

6:23of former Australian Prime Minister Paul Keating, Lord Peter Mandelson of the British government, the Agnelli family of Fiat Motor Company fame, and the ruling shakes of Kuwait, Buran, Dubai, and the United Arab Emirates among many others. Meanwhile, employees with the bank's compliance arm were sounding alarms that Epstein was under federal investigation for child sex trafficking, which was drawing press attention and that the bank should drop him as a client according to the filings. When I worked at the sports book, the second compliance got involved and they told us that there was a player that was a risk, that player was gone. It didn't matter how much money that player was betting or what he was up to or anything like that. The second you become a risk and put the company's bottom line in jeopardy, you have to be let go of as a client and if the institution continues to do business with you, even though they know that you're risky and you're somebody that can client says, shouldn't even have an

7:27account. Well, then that company who's doing business with you should be held liable for whatever comes after it. And while JP Morgan hasn't admitted any wrongs, they certainly paid out $290 million right in recognition of their bullshit processes and they've also recognized the fact that Jess Staley, who was Mr. Golden Boy over at JP Morgan, was great friends with Epstein, was facilitating Epstein and according to reports, abused girls or at least one girl with Epstein. Meanwhile, he was an employee of JP Morgan this whole entire time. So while Jess Staley certainly shoulders a big part of the blame here to act like JP Morgan had no idea what was going on and that they were blindsided by all of this is just ridiculous. They knew all these executives were talking. They were all talking about how bad Epstein was. You had compliance telling them that Epstein shouldn't be a client and they continued

8:27on doing business with Epstein because it was putting some more money in their pockets. That's just the bottom line. That's cutting away all the fat and all of the bullshit and just getting right down to it. All about more profits and getting richer. JP Morgan's top officials eventually ordered an internal investigation into the bank's Epstein ties in 2019, a probe that became known as Project Jeep, should have been known as Project BS. It released an unredacted summary of those findings to the government on May 30, the last day for discovery in the case according to Tuesday's filing. According to the summary, a 22 page bulleted list detailing emails between Epstein, Jess Staley, the former CEO of Investment Banking, Erdos, the CEO of Asset and Wealth Management and occasionally others dating back to 2008. Epstein was actively involved in the business of JP Morgan, particularly through Staley.

9:28JP Morgan and March filed a third party lawsuit against Staley alleging he thwarted its efforts to sever ties with Epstein and should pay if the V.I. government prevails in its suit. Ray Coffin April denied Staley's motion to dismiss the suit. And JP Morgan is really going hard here saying that it was all Jess Staley's fault. All of the blame is on him. Meanwhile, JP Morgan and the bosses above Jess Staley could have put a stop to this at any point in time. They didn't. So not only is it Jess Staley's fault, it's also the fault of the people that were above him. There needs to be accountability from top to bottom. According to the project, JP summary, the pair had a close relationship with Staley, maintaining communications, even while Epstein was serving time in Florida on the child prostitution charges. Staley consulted Epstein on everything from his compensation package and his dealings with the Federal Reserve to the bank's real estate portfolio and his promotion to CEO of investment

10:33banking in 2009. To asset acquisitions and JP Morgan's forays into China according to the exhibit. In an October 2009 email, Epstein wrote to Staley, feel free to call often. It is difficult for the quarterback to see the playing field. That's why he calls up to the box. Like Dick making football references cracks me up. You know this dude I never strapped on a helmet. Bro has never ran a route across the center of the field and got lit up by a linebacker. Shut up with the football references and stick to shit you know, like stealing and molesting people. A few days later he wrote to Staley, my suggestion, your first great move should be a new China initiative. First, it was alternative investments now China. You should have a dedicated China entity with its own board of advisors should include China politics. They love to travel. You should be their link to treasury or can issue credit the false swaps for their investment

11:34in the US. And you can ask treasury to be the third party. Just an example brilliant Staley replied. Imagine being the head of the division over here at JP Morgan and needing advice from Agdick Epstein. Epstein went on to organize a tutorial for Staley on doing business in China according to the summary and wrote an extensive email laying out the steps for JP Morgan to expanded business in the country down to details surrounding the culture, office locations and suggestions for approaching government officials. Epstein giving advice on how to approach government officials. I wonder why you do that. Please never been in bed with any government officials. Right? Right? Epstein also suggested Staley might want to approach Abu Dhabi and say as a key player in the world financial system, you will advise them for free. If and only if they decide to implement your advice.

12:36Salva sets, that's how you'll be compensated, just an idea. Yeah, but Epstein wasn't involved at any kind of money laundering, right? I don't need Fariko here. I'm just, you know, way off base with the whole entire Rico run. A day later on November 29th, 2009, Staley forwarded Epstein, what appeared to be an internal email regarding discussions with senior officials in the Dubai and Abu Dhabi departments of finance according to the summary. Today's later Epstein wrote to Staley, the first most elegant deal that you can do is to have China buy Dubai world ports. They want turnkey operations where they can use their worldwide construction companies for building would be a first great deal for the new CEO of the IB, a close friendship. On December 3rd, 2009, Staley wrote to Epstein, I realized the danger in sending this email, but it was great to be able today to give you in New York City a long heartfelt hug.

13:38To my friend, thanks. Jess. According to the summary, it appears that at the time Epstein was not permitted to leave the state of Florida based on the terms of his sentence, which provides context to the preface of Staley's email. The relationship extended to the US Virgin Islands, which Staley appears to have visited with some frequency, including on his sailboat, Bequia, according to court filings. On December 26th, 2009, he wrote to Epstein, fun tonight. What do we do next? Epstein replied, my car and driver, former DEA armed, will pick you up in St. Thomas. We have all the on-field permits, helicopter also available for a tour around. Remember I own the two big marinas, Yad Haven Grand, in St. Thomas, and the Marina at Redhook. You can use my ATVs, jet ski, gym, etc. I will organize the harbor at Norman Island if you like, as well as lunch at Goana. On January 14th, 2010, Staley wrote to Epstein, arrived at your harbor, some day, will have

14:44to do this together. By March 5th, 2011, as news of investigations, and Epstein was taking hold in the press, he emailed Staley, more bad press, ignore it. Staley replied, the post, Epstein replied, no. English papers have gone berserk, claiming FBI reopening investigation, not true. Staley wrote to Epstein that he and his wife were talking tonight about what you have meant to me and to redacted. You have paid a price for what has been accused, but we know that you have done for us, and we count you as one of our deepest friends, and most honest of people. Thanks, Jess, Epstein replied, now keep in mind that Staley told us that him and Epstein

15:46were just acquaintances, remember, they weren't close, they weren't buddies, and it was just all a big misunderstanding if you will. Well, that's not the case, we know how close they are, and we know how close they were, and the fact that Jess Staley lied about something like that tells us everything we need to know about the rest of his story. Three days later, Vanity Fair published an article about Epstein and his one-time girlfriend and accomplice, Golan Maxwell, who was currently serving a 20-year sentence for her role in his sex trafficking scheme. Trouble on the horizon. Beginning in 2011, Staley and Erdos were having regular communications with Epstein, relating to certain strategic initiatives and business proposals, including a donor-advised fund, involving Bill Gates, that he proposed could be worth two billion within two years according to the exhibit. Meanwhile, employees with JP Morgan's Compliance Arm held a rapid response meeting in early

16:47January of 2011 regarding Epstein and were conducting a review of the bank's relationship with him amid reports that he was under investigation for allegedly trafficking young girls according to emails. Imagine you're in the middle of doing this review and you get all of this information and you still don't cut ties with them, and this is after he's already been an offender. Again, Epstein's personal friendship with Staley was at the center of the discussion. He is also an alleged personal associate of the CEO of the investment bank, Jess Staley, the email from Philip DeLuca, then managing director for the bank's financial intelligence unit to two other employees started. Anti-money laundering operations went to a PB risk meeting late last week requesting that we exit this relationship. It said in a meeting that was arranged with Staley to discuss the bank's recent human trafficking initiative with them. As it right there, he was laundering money through JP Morgan.

17:50We all know this, the whole world knows it. How is it that nobody's ever been slapped in connection with that? It was more than two years before the bank severed its ties with Epstein, though it kept closed tabs on his activity as a high-risk private bank customer, including annual reviews according to two exhibits detailing conversations in 2012 and 2013. JP Morgan has called the VI government suit a masterclass in deflection, key to their argument, is the fact that the VI government, through its economic development commission, granted Epstein lucrative tax and other benefits during the same period that it is accusing JP Morgan Chase of helping further the wealthy financier, pedophiles, sex trafficking scheme. The bank intends that having won a $105 million settlement in its lawsuit against Epstein's estate in November, the VI attorney general's office now casts a field for deeper pockets.

18:50And I don't disagree with that. I've said that for a while that the US Virgin Islands and the way they're going about their business here is just straight up ridiculous. But that doesn't mean JP Morgan shouldn't be on the hook either, they should be. On June 12, JP Morgan asked the court to order the government to withdraw confidentiality designations over public records it produced in response to the bank's document request. On Friday, Judge Raykov granted that request, ordering the USVI to de-designate as confidential the annual reports filed by Epstein's companies to the USVI as well as his sex offender file. I find it fascinating that in the effort to burn each other to the ground, JP Morgan and the US Virgin Islands are exposing a lot of the corruption within the US Virgin Islands and JP Morgan itself. And while they battle tooth and nail over a settlement here, I think that overall they're

19:53doing more harm to themselves than they could possibly imagine. And they're opening the door to other people, namely the survivors to getting involved and filing suit as well. My guess is, before the October trial date, there's going to be plenty more twist turns and curves for us to navigate. Alright folks, that's going to do it for this one. All of the information that goes with the episode can be found in the description box.