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Newly unsealed records confirm that JP Morgan filed a suspicious activity report in 2019 warning federal authorities about more than $1 billion in financial transfers connected to Jeffrey Epstein that may have been connected to trafficking activities.

Bank's Extensive Reporting of Suspicious Activity

The banking giant flagged approximately 4,700 transactions amounting to more than $1 billion that appeared potentially connected to trafficking allegations concerning Epstein, as reported in the recently unsealed court documents.

The report was filed only a few weeks after Epstein was found dead in a Manhattan detention facility and also flagged electronic payments made by Epstein to financial institutions in Russia.

High-Profile Figures Named in Report

The suspicious activity report named several well-known corporate leaders and persons in connection with the flagged transactions, such as:

• The Apollo co-founder, who left the private equity firm in 2021
• The hedge fund manager, a prominent investment professional
• The noted attorney, acting as legal counsel for Epstein
• Trusts controlled by retail tycoon Leslie Wexner

The report particularly noted $65 million in wire transfers from the 2000s era that appeared to move between various financial institutions linked to the Wexner-controlled entities.

Legal and Political Examination

JP Morgan's long-standing association with Epstein has become a source of major legal scrutiny and political attention.

These released records were included in 2023 litigation filed by the US Virgin Islands, where Epstein owned a private island and managed the majority of his monetary operations.

Additionally, women who were trafficked by Epstein also participated in the lawsuit, which JP Morgan ultimately resolved.

Bank's Statement and Oversight Background

An official representative for JP Morgan commented that the release of the suspicious activity reports demonstrates the bank had alerted oversight authorities about Epstein appropriately.

The representative emphasized: "The SARs verify what's been inferred: the bank filed SARs about the financier promptly, and particularly when it terminated relationship with him from the bank in 2013 – and repeatedly between 2013 and 2019, as required."

The representative continued: "There is no indication that federal authorities or investigative agencies acted on those SARs for an extended period."

Individual Responses and Judicial Status

Spokespeople for the named individuals have provided various responses regarding their mention in the report:

• Glenn Dubin's representative asserted that the transactions in question were unrelated to Epstein's crimes
• The attorney claimed the sole payments he received from Epstein were for professional legal work
• The private equity founder's spokesperson chose not to respond

It is important to note, not one of the persons identified in the report have been charged with crimes in relation to the financier.