The filing also reveals that JPMorgan intends to defend this to the end
Posted BY: ZeroHedge
JPMorgan hit back against the US Virgin Islands this week, which is suing the bank over its relationship with convicted pedophile Jeffrey Epstein – accusing the former USVI governor and first lady of accepting a gift in the form of tuition for Skidmore College. Of note, the former USVI governor’s wife, Cecile de Jongh, acted as Epstein’s office manager.
Cecile de Jongh, wife of then-USVI Governor John de Jongh Jr., sent Epstein an August 2011 email with the subject line “Please Approve,” attaching a $25,000 tuition bill for Skidmore, a private liberal arts college in Saratoga Springs, New York. The email is among dozens of previously sealed documents the bank filed late Wednesday in Manhattan federal court. –Bloomberg
The move is part of an “unclean hands” defense by the bank.
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In May the bank accused de Jongh, of acting as his “primary conduit for spreading money and influence throughout the USVI,” however the emails revealed in Wednesday’s filing provide additional context in terms of the relationship between Epstein and the USVI first family.
The filing also reveals that JPMorgan intends to defend this to the end despite announcing on Monday that it had agreed to settle with a group of Epstein accusers for $290 million.
