A Look Back: Judge Jed Rakoff Gives The Green Light For Restitution To Be Paid
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A Look Back: Judge Jed Rakoff Gives The Green Light For Restitution To Be Paid
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Description
JP Morgan Chase, one of the largest banks in the United States, had a business relationship with the late financier Jeffrey Epstein. Epstein was a wealthy financier who was arrested...
show moreAfter Epstein's arrest, JP Morgan Chase faced scrutiny and criticism for its ties to him. Some media reports highlighted concerns that the bank continued doing business with Epstein even after he had already faced allegations and charges related to sexual misconduct.In response to the controversy, JP Morgan Chase has stated that it cut ties with Epstein in 2013 and had no knowledge of the criminal activities he was involved in. The bank has emphasized that it cooperated fully with law enforcement investigations and has implemented strict policies to prevent money laundering and other illicit activities.
Now, after some of the dirty tales are hitting the public sphere, JP Morgan has no desire to fight this fight against Epstein's survivors so it was eager to settle with them. The price tag came in at 290 million dollars and after Mondays filing, all systems are go for the survivors to begin getting restitution.
In our second article:
The controversy surrounding the Jeffrey Epstein grand jury transcripts in Palm Beach, Florida revolves around the handling and secrecy of the proceedings related to Epstein's case. Jeffrey Epstein was a financier who faced charges related to sex trafficking and sexual abuse of minors. He was arrested in 2008 but ultimately reached a controversial plea deal that allowed him to avoid federal charges and receive a relatively lenient sentence.
The grand jury is a legal body that reviews evidence presented by prosecutors to determine whether there is sufficient evidence to bring criminal charges against a defendant. In the case of Epstein, a grand jury was convened in Palm Beach County, Florida, to examine the evidence against him.The controversy emerged when a group of Epstein's accusers and their lawyers sought access to the grand jury transcripts. They argued that the transcripts should be unsealed and made public to provide transparency and shed light on the actions taken by Epstein and others involved in the case.
However, the prosecutors and Epstein's defense lawyers fought to keep the transcripts sealed, citing the need to protect the privacy of individuals named in the proceedings and the potential harm it could cause to ongoing investigations.
Fast forward to 2023 and it looks like we are on the cusp of getting a look at those documents as Judge Luis Delgado in Palm Beach is now in posession of them and will review them before making they key ruling.
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to contact me:
bobbycapucci@protonmail.com
source:
Palm Beach County judge deciding on releasing Epstein testimony (wpbf.com)
source:
JPMorgan to pay Jeffrey Epstein victims $290m in lawsuit settlement | Jeffrey Epstein | The Guardian
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