🔗 Share this article The Banking Giant Warned US Authorities About More Than $1 Billion in Epstein-Related Transactions Potentially Connected to Trafficking Operations Newly unsealed records confirm that JP Morgan filed a suspicious activity report in 2019 warning federal authorities about over $1 billion in transactions connected to Jeffrey Epstein that were potentially connected to trafficking activities. Financial Institution's Comprehensive Reporting of Questionable Transactions The banking giant identified approximately nearly five thousand financial activities totaling over $1 billion that were possibly linked to trafficking allegations concerning the financier, according to the newly released court documents. This documentation was submitted just weeks after Epstein was found dead in a Manhattan detention facility and also highlighted electronic payments made by the financier to Russian banks. Prominent Figures Named in Documentation The SAR identified several well-known business figures and individuals in connection with the questionable financial activities, such as: The Apollo co-founder, who departed from Apollo Global Management in 2021 Glenn Dubin, a prominent investment professional Alan Dershowitz, who served as one of Epstein's lawyers Trusts under the direction of billionaire businessman the retail magnate The report particularly noted $65 million in wire transfers from the 2000s era that appeared to move between multiple banks associated with Wexner's trusts. Judicial and Governmental Scrutiny The bank's long-standing association with Epstein has become a focus of significant judicial examination and political attention. These released records were included in legal proceedings from 2023 filed by the US Virgin Islands, where Epstein owned a personal island property and conducted the majority of his monetary operations. Furthermore, women who were trafficked by the financier also were involved in the lawsuit, which the banking institution eventually settled. Financial Institution's Statement and Regulatory Context An official representative for JP Morgan commented that the publication of the suspicious activity reports demonstrates the institution had notified regulators about the financier appropriately. The spokesperson stated: "These reports verify what was previously suspected: the bank submitted reports about Epstein early on, and particularly when it terminated relationship with Epstein from the bank in 2013 – and repeatedly between 2013 and 2019, as required." The representative continued: "It does not appear that anyone in the government or law enforcement acted on those reports for an extended period." Personal Responses and Judicial Position Representatives for the named individuals have provided various responses regarding their mention in the report: Glenn Dubin's representative asserted that the referenced financial activities were unrelated to Epstein's crimes Alan Dershowitz maintained the only funds he received from the financier were for legal services Leon Black's representative declined to comment It is important to note, not one of the persons identified in the report have been faced criminal charges in connection to Epstein.