28.03.2026 19:40
Bank of America, one of the leading financial institutions in the United States, reached a settlement in a lawsuit filed by victimized women alleging that Jeffrey Epstein's sexual exploitation and human trafficking activities were facilitated through the financial system, according to court records released on Friday. The bank agreed to pay $72.5 million to avoid trial while continuing to deny the allegations.
The second largest bank in the United States, Bank of America, has reached a settlement in a class action lawsuit linked to the pedophile billionaire Jeffrey Epstein, who was found dead in prison while being accused of establishing a sexual exploitation and prostitution network targeting underage girls in the U.S. The bank agreed to pay a total of $72.5 million to the victims.
ALLEGATION OF FACILITATING SEXUAL ABUSE
According to a report by Reuters, in the federal case heard in New York City, it was alleged that Epstein's sexual exploitation and human trafficking activities were facilitated through the financial system. The plaintiffs claimed that Bank of America turned a blind eye to some transactions by maintaining its business relationship with Epstein.
"NO INTERFERENCE WITH THE FLOW OF TRANSACTIONS"
The lawsuit included allegations that the bank did not take necessary precautions despite suspicious financial movements and did not adequately monitor the transactions made through Epstein's accounts.
$72.5 MILLION SETTLEMENT
As part of the settlement reached between the parties, Bank of America will pay $72.5 million to the victims. Despite the settlement, the bank did not admit to any wrongdoing, thus avoiding prosecution.
LAWSUITS LINKED TO EPSTEIN CONTINUE
Following Jeffrey Epstein's death in prison in 2019, lawsuits against individuals and institutions connected to him continue. Previously, some major financial institutions had faced similar allegations and made high-value settlements. As part of the settlements, JPMorgan agreed to pay $290 million, and Deutsche Bank agreed to pay $75 million to the victims.