Jes Staley Says JPMorgan Using Him as 'Shield' for Epstein Failures
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NEW YORK, NY (Reuters) – The former JPMorgan Chase & Co. executive who was friends with Jeffrey Epstein has asked a U.S. court to dismiss the bank’s lawsuit against him. He claims that JPMorgan is using him as a way to divert blame from its own failures when working with the deceased sex offender.
Jes Staley, in a filing made Monday night at the Manhattan Federal Court, said that the largest U.S. Bank had no claims against him arising from its relationship Epstein, who was a client of his from 1998 to 2013
Staley stated that there was no evidence that he had any decision-making authority or seen any suspicious activity in Epstein's account. JPMorgan also could not claim that Staley was the sole culprit.
Staley stated that "the bank cannot use Mr Staley to protect its public image by making claims that are without any legal or factual basis."
JPMorgan has not responded to any requests for comments made after normal business hours.
The New York bank is facing two lawsuits for its work with Epstein. These were filed by women accusing the financier of abuse and by the U.S. Virgin Islands where Epstein owned Little St. James, a private island.
JPMorgan is accused of transferring money to Epstein's victims repeatedly, ignoring warnings by compliance and other staff to cut ties, and continuing to work with Epstein after he was dropped as a customer.