October 17, 2025 • 34 mins
Deutsche Bank’s relationship with Jeffrey Epstein has become one of the most glaring examples of systemic failure in modern banking oversight. Despite Epstein’s 2008 sex-offense conviction and widespread public knowledge of his trafficking network, Deutsche continued to handle his accounts for years—processing millions in transactions that should have triggered Suspicious Activity Reports (SARs) under anti–money laundering laws. Regulators later discovered that Epstein moved funds through dozens of entities, wiring large payments to women and alleged co-conspirators described in memo lines as “school payments” or “consulting fees.” Rather than flagging these for review, compliance officers reportedly waved them through. In 2020, the New York Department of Financial Services fined Deutsche Bank $150 million for what it called “significant failures in monitoring Epstein’s transactions and relationships.” The investigation showed the bank maintained Epstein’s accounts even after multiple internal warnings and public reports about his predatory history.
The fallout didn’t end there. In 2023, Deutsche Bank agreed to pay $75 million to settle a class-action lawsuit brought by Epstein’s victims, who alleged the bank knowingly profited from his trafficking enterprise. The lawsuit claimed Deutsche facilitated his abuse by allowing financial flows that sustained his network of recruiters, victims, and offshore shell companies. While the bank publicly stated it regretted its “association” with Epstein and pledged to tighten controls, critics argue its conduct went beyond negligence—it was willful blindness. Congressional oversight committees later revealed that Deutsche had processed over $1.5 billion in transactions linked to Epstein and his associates without timely SAR filings. To many observers, the episode epitomized how global banks too often treat the ultra-rich as untouchable, turning compliance into performance rather than protection.
to contact me:
bobbycapucci@protonmail.com
Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
The fallout didn’t end there. In 2023, Deutsche Bank agreed to pay $75 million to settle a class-action lawsuit brought by Epstein’s victims, who alleged the bank knowingly profited from his trafficking enterprise. The lawsuit claimed Deutsche facilitated his abuse by allowing financial flows that sustained his network of recruiters, victims, and offshore shell companies. While the bank publicly stated it regretted its “association” with Epstein and pledged to tighten controls, critics argue its conduct went beyond negligence—it was willful blindness. Congressional oversight committees later revealed that Deutsche had processed over $1.5 billion in transactions linked to Epstein and his associates without timely SAR filings. To many observers, the episode epitomized how global banks too often treat the ultra-rich as untouchable, turning compliance into performance rather than protection.
to contact me:
bobbycapucci@protonmail.com
Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Today's article is from the New York Times and it
was originally published on July twenty third of two thousand
and nineteen. The authors of the article David Enrich and
Joe Becker. The headline Jeffrey Epstein moved money overseas and
transactions his bank flagged to the US. So what this
(00:24):
shows you here is we were discussing what the IRS
agent would do as far as prosecuting Epstein's crimes and
going after these financial crimes, and one of the tools
he talked about was the suspicious activity reports. And in
this article they're saying that Deutsche Bank dropped some suspicious
(00:47):
activity reports into the Epstein account and the FEDS, well,
either they knew they were there and ignored them, or
they're absolutely and utterly incompetent at their jobs. It is very,
very unlikely that the regulators and the federal government had
(01:11):
no idea about these financial transactions. In my opinion, they
ignored them because, you see, folks, what they would want
you to believe is that this is some huge conspiracy
theory that all of this stuff is just bs, there's
no way none of it happened. But the reality of
(01:32):
it is, this is not a conspiracy theory. This is
a cover up. As deutsch Bank officials this year scrambled
to extricate themselves from a year's long relationship with Jeffrey Epstein,
the wealthy financier pedophile charged this month with sex trafficking.
They uncovered suspicious transactions in which mister Epstein had moved
(01:54):
money out of the United States. Oh really, huh? So
you mean to tell Mejeffrey Epstein, who was a convicted
child sex trafficker, convicted sexual offender, and obviously involved in
all sorts of nonsense when it comes to financials, wasn't
on the government's radar. The government wasn't digging into the
(02:14):
finsend database on a regular basis to see if Epstein
was up to no good. Ask yourselves, folks, why deutsch
Bank reported the transactions to a federal agency in charge
of policing financial crimes. According to three people familiar with
the bank's internal processes, the report came as the bank
(02:35):
started looking for signs that mister Epstein was using his
financial resources for the purposes of sex trafficking. So the bank's,
according to this report in The New York Times, engaged
in a bit of internal house cleaning a bit of
internal investigation and concluded that these transactions that Epstein was
(02:56):
making were not the kind of transactions that are up
to snuff, right, These transactions were the kind that you
would see in a money laundering operation, and the regulators
at Deutsche Bank, obviously, according to this article, flag them.
(03:19):
Mister Epstein, who has been accused of operating sex trafficking
ring involving dozens of victims, some as young as fourteen,
is being held in a Manhattan jail cell not anymore,
after federal prosecutors argued he was a flight risk, citing
his vast financial resources. He has a byzantine network of
businesses and personal holdings which include real estate, an island,
(03:42):
and private planes valued at more than five hundred million dollars.
Mister Epstein's lawyer, Reed Winingarten, did not respond to requests
for comment Tuesday afternoon. Now, these lawyers are never going
to respond to comment, right, they don't want to. They
don't especially then they didn't want to dig themselves any deeper.
So you know that none of these lawyers have anything
(04:03):
to say about any of this nonsense. But the fact
of the matter is this Deutsche Bank flagged these transactions
and the regulators in America and elsewhere didn't care. Deutsche
Bank has been contacted by prosecutors and other government authorities
investigating mister Epstein. George Eigendorf, Deutsche Bank spokesman, said the
(04:26):
bank was absolutely committed to cooperating with all relevant authorities.
Sounds like Prince Andrew wrote that line there, huh to
the Joe exotic of the Windsor family right. Deutsche Bank's
defense line there, oh, well, We're committed to working with
all authorities that are relevant to the case. Meanwhile, Deutsche
(04:47):
Bank is up to their neck in all sorts of
financial discrepancies. This play. This bank is one of the
biggest harbors of money laundering that you are ever going
to see. In my opinion, how they didn't get arrested
after the financial collapse, the whole lot of them is
absolutely beyond me. Deutsche Bank executives are still trying to
(05:09):
understand the depth and the scope of the bank's relationship
with mister Epstein, who has been a client of its
private banking division since at least twenty thirteen years. After
his conduct became public in a prostitution case involving a
teenage girl. Now, that was not a prostitution case. New
York Times. Okay, a child cannot be a prostitute. How
(05:32):
many times do we have to make that clear? These
were girls who were victimized by a sick, disgusting sinister
son of a bitch who was rubbing elbows with all
your buddies at New York Times, all the politicians, etc. Etc. Okay,
not a prostitution ring. Mister Epstein struck a lenient plea
(05:53):
deal that included a non prosecution agreement from federal authorities,
and the case has been held up as a glaring
example of how the wealthy and well connected can evade consequences.
And when they say wealthy here and well connected, well
wealthy for sure, but well connected in Jeffrey Epstein's case
(06:13):
is not the same as well connected as usual. Usually
somebody has some friends on the police department, or maybe
a judge or two. Jeffrey Epstein had a whole network
of protectors that were elected officials, business people, leaders from
other countries, you name it. All of these people were
(06:35):
in Epstein's atmosphere and protecting him. I have never ever
seen anything like this in my life, folks, ever, at
least one bank dropped mister Epstein as a client in
the years after is guilty plea. But it wasn't until
late last year, after the Miami Herald published an investigation
into the earlier sexual abuse allegations, that deutsch Bank decided
(06:58):
to sever ties with him. Has proved more complicated and
time consuming than executives had initially participated anticipated, because Deutsche
Bank's private banking division had opened several dozen accounts for
mister Epstein and his businesses. Folks, this man needed several
different accounts, dozens of different accounts, several dozen accounts. I mean,
(07:22):
for what, if you're not trying to hide your money,
if you're not trying to park your money in places
where it can be washed and then put back into
the system of you know, being spent by you, then
why do you need several dozen accounts at Deutsche Bank?
And furthermore, why would Deutsche Bank even facilitate any of this? Look,
(07:46):
the banksters are a serious problem, folks. We are living
in modern day slavery to these people. Oh and it
might not be the slavery like the Romans would would
have you in bondage, right, but it's a different kind
of slavery, where slaves to their predatory loans, where slaves
to their incredibly corrupt interest rates, and they make the rules.
(08:13):
These are the people that are really making the rules, folks,
These banksters and these disgusting ass people who are the
bagmen to the politicians. They show up with their Gucci
bag full of loot, and the politicians dance to their tune.
The bank's anti antiquity antique technology systems did not help.
(08:35):
On a number of occasions. Deutsche Bank executives had thought
they had shut down all of mister Epstein's accounts, only
to learn that there were others that they had not
previously been aware of. According to one of the people,
how is that not a problem. This is a major
financial institution, folks. Billions and billions of dollars of swaps, trades, loans, etc. Etc.
(08:57):
And you mean to tell me you can't navigate your
own internal system. You can't navigate the system you put
into place to keep a hold on who has what
in your bank? How can anyone have any faith in
a bank like Deutsche Bank. If I had one single
dollar with this bank, I'd be moving it out asap.
(09:19):
The bank's relationship with mister Epstein has been another black
eye for Deutsche Bank, which is laying off thousands of
employees as it struggles to return to profitability. The bank
has been dogged by repeated financial scandals. It is under
federal criminal investigation for potential money laundering, an investigation that
has raised questions about Deutsche Bank's handling of suspicious activity reports. Well, folks,
(09:43):
what do you know? Huh? Do you think that Jeffrey
Epstein just moved his money to Deutsche Bank for no reason?
Why do you really think Jeffrey Epstein parked his money there?
Do you think that it was because they're so stringent
and they work towards making sure that everything's on the
up and up? Or or do you think it's because
Deutsche Bank is complicit. They have a bunch of criminals
(10:04):
in their boardroom and they don't give God a good
goddamn about anything else besides the money. What do you
think it is? Huh? Jeffrey Epstein put his money with
Deutsche Bank because he knew that they'd play ball. Two
congressional committees and state prosecutors in New York have also
(10:25):
opened investigations into the bank's relationship with President Trump. Who
received a total of more than two billion dollars in
loans from Deutsche Bank over nearly two decades, even as
other major banks refused to do business with him. That
on its face means nothing. Let's be real, A bank
can choose to do business with whoever they want. But
the fact of the matter is, like I've said numerous
(10:48):
times here on this podcast, I believe the Democrats wasted
a bunch of time and a bunch of resources when
they attempted to go after the nonsensical Russia angle. When
if they really wanted to pin something on the Trump
all they have to do is go after his finances.
And if you're really going through them, it is inevitable
that you will find that he has put money in
(11:08):
the pocket of the mafia in New York. You know
why I say that, because you're not putting a skyscraper
up in that city without enriching the mafia still to
this day. So if they were going to go after something,
they should have went after his financials from the very beginning.
But they chose a different route. And here we are right,
(11:30):
they look like a bunch of morons. The country looks
like it's being run by a bunch of ingrates, and
here we are still no justice in the Jeffrey Epstein case.
Mister Epstein appears to have moved his business to Deutsche
Bank after JP Morgan cut ties with him. He had
been a client of JP Morgan's private banking division from
(11:51):
the late nineteen nineties until around twenty thirteen, five years
after he pled guilty to state prostitution charges. Well, what
do you know, Oh, you might have something to do
with Jess Staley. Huh, I don't know. I'll just go
out on a limb here and say it might have
had something to do with Jess Staley. Why I was
at JP Morgan. It's just saying, mister Epstein. In addition
(12:15):
to wealth management accounts, Deutsche Bank also provided loans to
mister Epstein and his businesses. According to three people familiar
with the relationship, all of those loans, every bit of
money that has been given to Epstein from these banks,
all of it needs to be traced. Everything needs to
be sourced, and we have to find up where they
originated and where they ended up, because everything in between,
(12:37):
every person who got a taste is now part of
the Rico indictments. The relationship has been caused for concern
within the bank even before the heightened scrutiny brought by
the Heralds reporting in twenty and fifteen. Twenty and sixteen,
anti money laundering compliance officers in Deutsche Bank's offices in
New York and Jacksonville, Florida, raised a variety of concerns
(13:00):
about the work the bank was doing with mister Epstein.
And now what happens is in these financial institutions, they
have these auditors and they go through all of this stuff,
all these transactions, and make sure everything is in compliance.
And when they find something that's not in compliance, then
they go into the Finsen database, they look for sarks
and they try and match it up. They're basically forensic accountants, right.
(13:23):
And we see here that the compliance officers in the
offices in New York and Jacksonville raised a bunch of
concerns about Jeffrey Epstein's banking. In addition, the compliance officers
on at least one occasion, noticed potentially illegal activity in
one of mister Epstein's accounts, including transaction which money was
(13:45):
moving outside the United States. Two of the people said,
this is the sort of thing that the second it happened.
The FED should have been all over Epstein and he
should have been brought in for money laundering all over again.
Guess what normal people like you or I or your
friend Vinnie. Oh yeah, we're going We're We're going on
the clink, no doubt about it. There's gonna be a huge,
(14:07):
broad investigation into us. They're gonna pull our families into it.
They're gonna threaten our families. They're gonna try and litigate
us into the poorhouse. And that's just the way it goes.
But if you're Jeffrey Epstein, you can make whatever kind
of transactions you want with your homies at the bank,
right they're just gonna cover for you. And the investigators,
well they don't give a shit. They've been told you
you belong to intelligence. Hands off. So Jeffrey Epstein has
(14:33):
free reign to make as many crazy, weird financial moves
as he wants. Have a child sex trafficking ring right
on under everyone's nose, be engaged in various other crimes,
and nobody has anything to say about it. Huh. The
compliance officers produced the so called suspicious Activity report, but
(14:56):
it is unclear whether the report was ever filed with
the Treasury departments Financial Crimes Division. This is so crazy
to think about. If I was to be involved in
something like this when I was at Caner Fitzgerald, I
would have been fired the day it happened. If we
would have let something like this get by, forget it,
there would have been hell to pay. I would have
(15:18):
been packing up my desk and looking for a new
job that day. Despite the compliance officer's misgivings, the bank
continued to do extensive business with mister Epstein, and that
right there is the death knell for Deutsche Bank. If
I was investigating them, that would be all I need
to open up a robust investigation into them, I would
(15:43):
put it. If I was the prosecutors of this Epstein case,
I would pull Deutsche Bank right into this recal investigation,
point blank period. Earlier this year, as the bank rushed
to disentangle itself from him, officials discovered additional transactions that
they saw as problematic. Three people said that prompted the
(16:05):
bank to submit a suspicious activity report to the Treasury Department. Well,
that's fine and well, but a suspicious activity report is
supposed to be filed within thirty days. So Deutsche bank.
It seems like they're just trying to cover their ass here, right.
Do you really think that they care about these financial crimes.
I don't. I think that they were engaging in them
with them. I think that they were part of them,
(16:26):
and I think they were enriching themselves on the back
of them. The nature of the bank's trans of the
bank's concerns about the twenty nineteen transactions, was not clear.
Just because a bank files a suspicious activity report does
not mean the transaction was actually improper. Banks sometimes are
on the side of on the side of over reporting
(16:49):
troubling transactions to avoid government criticism that they missed red flags.
That is the truth. I can tell you that for sure,
we always aired on the side of if we thought
it was suspicious, file the sark, let's get it in
and let's make sure it's on file and in the database.
So I could I could definitely see that that from
my experience, that does not ring as a lie. But
(17:12):
I will say this, when you have somebody like Epstein
and the financial financials that we've seen here, I would
have been sarking every transaction this guy made if it
was me in charge of this, because look, working where
I work for so long, you start to get an
idea and start to get a gut feeling when somebody's
coming in to your desk with all this money and
they're trying to make a bed or a deposit. You
(17:34):
start to get a feel if something's out of order
or if something's you know, on the up and up right.
And that just comes with experience and with ample time
spent doing a job. And I'm sure that these regulators
who are adding him to the database and sarking him
have plenty of experience right. The report was filed with
(17:57):
the government as Deutsche Bank conducted an internal investing into
its relationship with mister Epstein. Deutsche Bank officials are still
trying to determine what mister Epstein was using his accounts for,
including where and to whom he had previously moved money.
We're still trying to get our arms around it, one
of the people said. And that is such a huge
part of it, because whoever he was moving money to, folks,
(18:20):
if they slap this with a Rico indictments and this
becomes a Rico case, whoever Epstein was moving money to,
whoever he was getting money from, they are now part
of this ever expanding RICO web. The question that I
have is when are we going to see it? If
(18:44):
you like to contact me, you can do that at
Bobby Kapuci at Protonmeil dot com. That's Bobby cap u
Cci at Protonmeil dot com. You can also find me
on Twitter at Bobby Underscore capu Cci. What's up, everyone,
and welcome back to the Epstein Chronicles. On today's episode,
(19:06):
we're going to talk a little bit more about the
US Virgin Islands and the various lawsuits that are making
their way through the system as we speak. And today's
article from Inside Edition is pivoting away from the JP
Morgan conversation and focusing on the Deutsche Bank suit. So
(19:26):
let's get into this article from Inside Edition and let's
see what the author, Chris Spargo, has come up with
headline Jeffrey Epstein rape victim who got seven point four
million dollars after fifteen years of abuse gets trial date
in Deutsche Bank suit. And once again the author of
(19:46):
this article is Chris Spargo. Details of the woman's settlement
as well as the document she had to sign in
order to receive that money, have been made public due
to her ongoing lawsuit against Deutsche Bank. The estate of
Jeffrey Epstein paid seven point four million dollars to one
of the pedophiles survivors, according to court documents obtained by
(20:09):
Inside Digital, Details of the women's settlement with Epstein's estate,
as well as the document she had to sign in
order to receive that money, have been made public due
to her ongoing lawsuit against Deutsche Bank. The woman, identified
as Jane Doe number one in court papers, claims in
her complaint that Deutsche Bank knowingly benefited from participating in
(20:33):
a sex trafficking venture. And I don't think there's any
doubt at this point that Epstein, in his behavior, was
one of the worst kept secrets within the financial sector.
Deutsche Bank, for their part, denies Jane Doe's allegations and
any wrongdoing. A trial date has now been set for September,
and we also know that in October there is the
(20:55):
trial date for JP Morgan, So we're going to have
consecutive months, looks like anyway, with some new information coming
out from the start of these trials from two thousand
and three, when Doe was first introduced to Epstein and
threw her eventual separation from Epstein and his organization fifteen
(21:15):
years later, Epstein's and his co conspirators used extreme measures
of force, fraud, and coercion to cause Jane Doe number
one to engage in commercial sex and to remain obedient
to the organization. Doe alleges in her one hundred and
sixty three page complaint, having been conditioned that the sexual
(21:35):
abuse was normal, and knowing that everyone surrounding Epstein, including accountants, lawyers, bankers,
and other people, were aware of the sex abuse, Jane
Doe number one was coerced into a cult like life
controlled by Epstein and others, to be sexually abused and
sexually trafficked. And once again, if you put the pieces together,
(21:56):
I think it's relatively obvious who Jane Doe number one
might be here. And if that is the case, and
it is who I think it is, I don't see
how the banks are gonna wiggle out of this one.
And that's because of all of the intimate knowledge this
person would have of the inner workings of Jeffrey Epstein's
criminal enterprise. Now think about it. You're purchased from your
(22:17):
parents by Jean Luke Brunel as the middleman. Then you're
brought to America and sold to Jeffrey Epstein, and then
from there the grooming process begins. And then from that
it turns into the normalization process, right like she says here,
and when you have all of society's heavy hitters hanging
out down at Epstein's house and nobody is saying that
(22:38):
this shit is wrong, and not only that but also
engaging in it with Epstein, some of these folks, what's
a little fourteen year old kid who has sold to
Jeffrey Epstein supposed to think? Of course, they're gonna think
what they're doing is normal. And that once again brings
in the focus just how dangerous enabling somebody like Jeffrey
Epstein is. The more these movers and shakers validated Jeffrey
(22:59):
Epstein's existence, the easier it was for him to carry
out his bullshit. It's pretty clear what happened here. Finally,
after being sexually abused in traffic by Epstein for fifteen years,
Doe says she made her escape in twenty eighteen. She
later alleges that in those years under Epstein's control, the
pedophile committed the following sexual offenses sexual misconduct as Epstein
(23:25):
engaged in sexual intercourse with Jane Doe without her consent.
Remember she was purchased fourteen years old. Rape in the
first degree as Epstein engaged in sexual intercourse with Jane
Doe by forcible compulsion, criminal sexual act, and the first
degree as Epstein engaged in oral sexual conduct with Jane
(23:45):
Doe by forcible compulsion, forcible touching, as Epstein intentionally and
for no legitimate purpose, forcibly sexually touched Jane Doe for
the purpose of degrading or abusing her, or for the
purpose of gratifying his own sexual desire. Sexual abuse in
the third degree as Epstein inserted a foreign object in
(24:08):
the vagina of Jane Doe by forcible compulsion, aggravated sexual
assault in the first degree as Epstein inserted a foreign
object in Jane Doe's vagina, causing physical injury by forcible compulsion.
And all of this, remember was happening while she was
basically a slave of Epstein. And when we say that
(24:29):
about this person, we mean it when you're bought by
somebody at fourteen years old and brought to a different
country and put into this environment where all of this
bullshit is normalized, what else should we call you? In
the documents, Doe does not say how old she was
when she met Epstein, nor does she explain how she
(24:50):
made her escape. She sought a settlement from the Victim's
Compensation Fund after Epstein's death. Well, that sounds like a
no brainer. If she was abused from the time she
was fourteen years old and purchased by this sick bastard
in his pal Jean Luke Brunel, I would think that
whatever money she got is probably not enough. Geordana Feldman,
(25:11):
the administrator of the fund, said in an August twenty
twenty one press release that the fund paid one hundred
and twenty one million dollars to more than one hundred
and thirty five victims, a little more than one million
dollars per Meanwhile, the government got the lion's share of
all of this with taxes. It had previously been revealed
(25:31):
in court during the federal trial of Glene Maxwell that
one victim received one point five million dollars from the fund,
and a second witness testifying against Epstein's British born enabler,
received a five million dollars settlement. In exchange for their settlements,
the victims were required to sign a five page document.
(25:52):
Inside Edition Digital obtained that document, which states that, in
consideration of the settlement amount, the individual releases and forever
discharges any current and former principles officers, directors, stockholders, managers, members, partners,
limited partners, trustees, beneficiaries, administrators, agents, employees, attorneys, predecessors, successors,
(26:19):
assigns and affiliates, and any entities or individuals who are,
have or ever been engaged by, whether as independent contractors
or otherwise employed by, or worked in any capacity for,
Jeffrey E. Epstein and or the Epstein Estate, from any
and all claims, demands, actions, causes of actions, suits, debts, dues,
(26:43):
sums of money, accounts, variances, trespasses, damages, and judgments, whether
sounding and equity, tort, common law, contract, statute, regulation, or otherwise,
and whether now existing hereafter existing or revived in the future,
whatsoever in law, admiralty, equity, or otherwise, including without limitation,
(27:07):
any and all claims or causes of action that arise
or may arise from, or which otherwise concern acts of
sexual abuse or sex trafficked by mister Epstein. One signed
the full settlement amount would be wired to the claimant
within fifteen days, so basically, take your few pennies and
shut up the whole. Entire settlement fund turned out to
(27:29):
be not so great of an idea in my opinion. Now,
of course, people getting made whole and getting taken care
of as far as financially, for the abuse they suffered
is something that should have been done a long time ago.
But with hindsight as our guide, it certainly looks like
this fund was set up with the hope that after
(27:50):
these payments were paid out, that all of this would
go away. And like usual, their hope was meaning people
like Epstein and the people that were participating in Epstein's
criminal enterprise and enabling it. They figured, throw a few
dollars at this, and it's all going to go away,
because that's what history tells us. Rich people can throw
(28:10):
money out of problem and it goes away. And that's
been the favorite strategy for anybody involved with Jeffrey Epstein
and Jeffrey Epstein himself, and we saw it with this fund.
That's what it was. The estate knew, the estate knew
that they were in jeopardy, they were exposed, so setting
the fund up was a good idea for them, and
once again, just to reiterate, how is it okay that
(28:33):
the government got the lion's share of that money? Deutsche
Bank unsuccessfully tried to use this settlement agreement to dismiss
the case against them in court. Plaintiff's claims are released
by the April twenty eighth, twenty twenty two general Release
end settlement agreement that plaintiff entered into with the Epstein Estate,
which contains a broad release of any and all sex claims,
(28:57):
including those related to acts of sexual abuse or sex
trafficking by Epstein, against not only Epstein and his a state,
but also against a wide array of other individuals and entities,
including any entity that was ever engaged by or worked
in any capacity for Epstein. Deutsche Bank writes as an
(29:17):
affirmative defense in their response to Doe's complaint. In exchange
for giving that broad release, plaintiff received a substantial settlement
payment from the Epstein estate. So, in other words, if
you want to be cynical about it, the whole entire
settlement fund was set up to protect Jeffrey Epstein's buddies,
to protect people like this. The judge ultimately agreed to
(29:39):
dismiss eight of the twelve counts, but four of the
claims asserted by Doe are still part of the case.
The claim that the defendants knowingly benefited from participating in
a sex trafficking venture. The claim that the defendant obstructed
enforcement of the Trafficking Victims Protection Act. The claim that
the defendants negligently failed to exercise reasonable care to prevent
(30:02):
physical harm. The claim that the defendants negligently failed to
exercise reasonable care as a banking institution providing non routine banking.
The judge also weighed in on how much legal protection
in the settlement agreement signed by Doe affords Deutsche Bank.
Deutsche Bank also argues that the settlement agreement was intended
(30:25):
to resolve a broad class of claims potentially asserted by
d B. Jane Doe, including claims against Deutsche Bank. Judge
Jed ray Koff wrote in his opinion allowing the case
to proceed in trial in September, but this argument is
sheer speculation at best, and hardly sufficient to meet the
high standard of evidence third party beneficiary status. Among the
(30:49):
counts dismissed by the court were intentional infliction of emotional distress,
participating in a sex trafficking venture, reco violation and aiding
a betting, and an inducing a sex trafficking venture. So
of course they dropped the Rico, right, we can't have
rico in this case at all, not even a cent
of it, not even one little whiff of rico. But
(31:12):
Rico's good enough for Keith Rayniery. Rico's good enough for R. Kelly,
but not Jeffrey Epstein. What is the difference between Jeffrey Epstein, R.
Kelly and Keith Rayniery. They're all rich, right, they all
have a bunch of dough. But the one thing that
Epstein has that the other two knuckleheads couldn't even dream
of is political power, political connections, and of course protection.
(31:37):
So it really shouldn't be a shock that we've never
seen a real rico case or Rico statutes used when
it comes to Epstein, but we see it used with
everybody else. In twenty twenty, deutsch Bank, is part of
their settlement agreement, agreed to pay one hundred and fifty
million dollars fine for its dealings with Epstein between twenty
thirteen and twenty eighteen. After an investigation by the New
(31:59):
York Department of financial Services alleged that bankers overlooked multiple
red flags about the pedophiles passed and failed to properly
monitor how his funds were being distributed. A regulator claimed
that very few problematic transactions were ever questioned, and even
when they were, they were usually cleared without satisfactory explanation.
(32:23):
In that twenty twenty report, which was obtained by Inside
edition Digital. Deutsche Bank did not respond to Inside Digital's
request for comment about the allegations made by Jane Doe
in court filings. Well, we all know that Deutsche Bank
is the preferred destination for scumbags worldwide. So is it
a shock that they were balling out with Jeffrey Epstein,
(32:46):
Profident Megan a bunch of dough, all the while piggybacking
on Jeffrey Epstein's sex trafficking enterprise. I mean, it's not
a shock to me. You know what would be a
shock to me if these financial institutions didn't have these
kinds of allegations again against them, because they're filled with
absolute scumbags, and the people at the very top. When
we're talking about these financial institutions, they don't care about anybody.
(33:10):
You really think they care about you, or are you
feeding your family? Or are you paying your bills? They
don't give one single shit, and they continue with their
behavior time and time again, because there's never ever any
real repercussions. It's always some kind of financial fine, a
slap on the wrist, and the same old story gets
told over and over again, and we're gonna see the
(33:32):
same thing here. Nobody's gonna get in trouble as far
as legally, nobody's gonna do prison time. Oh, we'll get
some apologies and we'll hear about how they're gonna fix
their internal workings and make sure this never happens again.
But the reality is inside of the financial sector right
now as we speak, many, many people as scummy or
(33:53):
scummier than Jeffrey Epstein are up to the very same
things that Jeffrey Epstein was up to, And these financial
insc intitutions are right on board once again, going along
for the ride. All right, folks, that's going to do
it for this one. All of the information that goes
with the episode can be found in the description box.
Today's article is from the New York Times and it
was originally published on July twenty third of two thousand
and nineteen. The authors of the article David Enrich and
Joe Becker. The headline Jeffrey Epstein moved money overseas and
transactions his bank flagged to the US. So what this
(00:24):
shows you here is we were discussing what the IRS
agent would do as far as prosecuting Epstein's crimes and
going after these financial crimes, and one of the tools
he talked about was the suspicious activity reports. And in
this article they're saying that Deutsche Bank dropped some suspicious
(00:47):
activity reports into the Epstein account and the FEDS, well,
either they knew they were there and ignored them, or
they're absolutely and utterly incompetent at their jobs. It is very,
very unlikely that the regulators and the federal government had
(01:11):
no idea about these financial transactions. In my opinion, they
ignored them because, you see, folks, what they would want
you to believe is that this is some huge conspiracy
theory that all of this stuff is just bs, there's
no way none of it happened. But the reality of
(01:32):
it is, this is not a conspiracy theory. This is
a cover up. As deutsch Bank officials this year scrambled
to extricate themselves from a year's long relationship with Jeffrey Epstein,
the wealthy financier pedophile charged this month with sex trafficking.
They uncovered suspicious transactions in which mister Epstein had moved
(01:54):
money out of the United States. Oh really, huh? So
you mean to tell Mejeffrey Epstein, who was a convicted
child sex trafficker, convicted sexual offender, and obviously involved in
all sorts of nonsense when it comes to financials, wasn't
on the government's radar. The government wasn't digging into the
(02:14):
finsend database on a regular basis to see if Epstein
was up to no good. Ask yourselves, folks, why deutsch
Bank reported the transactions to a federal agency in charge
of policing financial crimes. According to three people familiar with
the bank's internal processes, the report came as the bank
(02:35):
started looking for signs that mister Epstein was using his
financial resources for the purposes of sex trafficking. So the bank's,
according to this report in The New York Times, engaged
in a bit of internal house cleaning a bit of
internal investigation and concluded that these transactions that Epstein was
(02:56):
making were not the kind of transactions that are up
to snuff, right, These transactions were the kind that you
would see in a money laundering operation, and the regulators
at Deutsche Bank, obviously, according to this article, flag them.
(03:19):
Mister Epstein, who has been accused of operating sex trafficking
ring involving dozens of victims, some as young as fourteen,
is being held in a Manhattan jail cell not anymore,
after federal prosecutors argued he was a flight risk, citing
his vast financial resources. He has a byzantine network of
businesses and personal holdings which include real estate, an island,
(03:42):
and private planes valued at more than five hundred million dollars.
Mister Epstein's lawyer, Reed Winingarten, did not respond to requests
for comment Tuesday afternoon. Now, these lawyers are never going
to respond to comment, right, they don't want to. They
don't especially then they didn't want to dig themselves any deeper.
So you know that none of these lawyers have anything
(04:03):
to say about any of this nonsense. But the fact
of the matter is this Deutsche Bank flagged these transactions
and the regulators in America and elsewhere didn't care. Deutsche
Bank has been contacted by prosecutors and other government authorities
investigating mister Epstein. George Eigendorf, Deutsche Bank spokesman, said the
(04:26):
bank was absolutely committed to cooperating with all relevant authorities.
Sounds like Prince Andrew wrote that line there, huh to
the Joe exotic of the Windsor family right. Deutsche Bank's
defense line there, oh, well, We're committed to working with
all authorities that are relevant to the case. Meanwhile, Deutsche
(04:47):
Bank is up to their neck in all sorts of
financial discrepancies. This play. This bank is one of the
biggest harbors of money laundering that you are ever going
to see. In my opinion, how they didn't get arrested
after the financial collapse, the whole lot of them is
absolutely beyond me. Deutsche Bank executives are still trying to
(05:09):
understand the depth and the scope of the bank's relationship
with mister Epstein, who has been a client of its
private banking division since at least twenty thirteen years. After
his conduct became public in a prostitution case involving a
teenage girl. Now, that was not a prostitution case. New
York Times. Okay, a child cannot be a prostitute. How
(05:32):
many times do we have to make that clear? These
were girls who were victimized by a sick, disgusting sinister
son of a bitch who was rubbing elbows with all
your buddies at New York Times, all the politicians, etc. Etc. Okay,
not a prostitution ring. Mister Epstein struck a lenient plea
(05:53):
deal that included a non prosecution agreement from federal authorities,
and the case has been held up as a glaring
example of how the wealthy and well connected can evade consequences.
And when they say wealthy here and well connected, well
wealthy for sure, but well connected in Jeffrey Epstein's case
(06:13):
is not the same as well connected as usual. Usually
somebody has some friends on the police department, or maybe
a judge or two. Jeffrey Epstein had a whole network
of protectors that were elected officials, business people, leaders from
other countries, you name it. All of these people were
(06:35):
in Epstein's atmosphere and protecting him. I have never ever
seen anything like this in my life, folks, ever, at
least one bank dropped mister Epstein as a client in
the years after is guilty plea. But it wasn't until
late last year, after the Miami Herald published an investigation
into the earlier sexual abuse allegations, that deutsch Bank decided
(06:58):
to sever ties with him. Has proved more complicated and
time consuming than executives had initially participated anticipated, because Deutsche
Bank's private banking division had opened several dozen accounts for
mister Epstein and his businesses. Folks, this man needed several
different accounts, dozens of different accounts, several dozen accounts. I mean,
(07:22):
for what, if you're not trying to hide your money,
if you're not trying to park your money in places
where it can be washed and then put back into
the system of you know, being spent by you, then
why do you need several dozen accounts at Deutsche Bank?
And furthermore, why would Deutsche Bank even facilitate any of this? Look,
(07:46):
the banksters are a serious problem, folks. We are living
in modern day slavery to these people. Oh and it
might not be the slavery like the Romans would would
have you in bondage, right, but it's a different kind
of slavery, where slaves to their predatory loans, where slaves
to their incredibly corrupt interest rates, and they make the rules.
(08:13):
These are the people that are really making the rules, folks,
These banksters and these disgusting ass people who are the
bagmen to the politicians. They show up with their Gucci
bag full of loot, and the politicians dance to their tune.
The bank's anti antiquity antique technology systems did not help.
(08:35):
On a number of occasions. Deutsche Bank executives had thought
they had shut down all of mister Epstein's accounts, only
to learn that there were others that they had not
previously been aware of. According to one of the people,
how is that not a problem. This is a major
financial institution, folks. Billions and billions of dollars of swaps, trades, loans, etc. Etc.
(08:57):
And you mean to tell me you can't navigate your
own internal system. You can't navigate the system you put
into place to keep a hold on who has what
in your bank? How can anyone have any faith in
a bank like Deutsche Bank. If I had one single
dollar with this bank, I'd be moving it out asap.
(09:19):
The bank's relationship with mister Epstein has been another black
eye for Deutsche Bank, which is laying off thousands of
employees as it struggles to return to profitability. The bank
has been dogged by repeated financial scandals. It is under
federal criminal investigation for potential money laundering, an investigation that
has raised questions about Deutsche Bank's handling of suspicious activity reports. Well, folks,
(09:43):
what do you know? Huh? Do you think that Jeffrey
Epstein just moved his money to Deutsche Bank for no reason?
Why do you really think Jeffrey Epstein parked his money there?
Do you think that it was because they're so stringent
and they work towards making sure that everything's on the
up and up? Or or do you think it's because
Deutsche Bank is complicit. They have a bunch of criminals
(10:04):
in their boardroom and they don't give God a good
goddamn about anything else besides the money. What do you
think it is? Huh? Jeffrey Epstein put his money with
Deutsche Bank because he knew that they'd play ball. Two
congressional committees and state prosecutors in New York have also
(10:25):
opened investigations into the bank's relationship with President Trump. Who
received a total of more than two billion dollars in
loans from Deutsche Bank over nearly two decades, even as
other major banks refused to do business with him. That
on its face means nothing. Let's be real, A bank
can choose to do business with whoever they want. But
the fact of the matter is, like I've said numerous
(10:48):
times here on this podcast, I believe the Democrats wasted
a bunch of time and a bunch of resources when
they attempted to go after the nonsensical Russia angle. When
if they really wanted to pin something on the Trump
all they have to do is go after his finances.
And if you're really going through them, it is inevitable
that you will find that he has put money in
(11:08):
the pocket of the mafia in New York. You know
why I say that, because you're not putting a skyscraper
up in that city without enriching the mafia still to
this day. So if they were going to go after something,
they should have went after his financials from the very beginning.
But they chose a different route. And here we are right,
(11:30):
they look like a bunch of morons. The country looks
like it's being run by a bunch of ingrates, and
here we are still no justice in the Jeffrey Epstein case.
Mister Epstein appears to have moved his business to Deutsche
Bank after JP Morgan cut ties with him. He had
been a client of JP Morgan's private banking division from
(11:51):
the late nineteen nineties until around twenty thirteen, five years
after he pled guilty to state prostitution charges. Well, what
do you know, Oh, you might have something to do
with Jess Staley. Huh, I don't know. I'll just go
out on a limb here and say it might have
had something to do with Jess Staley. Why I was
at JP Morgan. It's just saying, mister Epstein. In addition
(12:15):
to wealth management accounts, Deutsche Bank also provided loans to
mister Epstein and his businesses. According to three people familiar
with the relationship, all of those loans, every bit of
money that has been given to Epstein from these banks,
all of it needs to be traced. Everything needs to
be sourced, and we have to find up where they
originated and where they ended up, because everything in between,
(12:37):
every person who got a taste is now part of
the Rico indictments. The relationship has been caused for concern
within the bank even before the heightened scrutiny brought by
the Heralds reporting in twenty and fifteen. Twenty and sixteen,
anti money laundering compliance officers in Deutsche Bank's offices in
New York and Jacksonville, Florida, raised a variety of concerns
(13:00):
about the work the bank was doing with mister Epstein.
And now what happens is in these financial institutions, they
have these auditors and they go through all of this stuff,
all these transactions, and make sure everything is in compliance.
And when they find something that's not in compliance, then
they go into the Finsen database, they look for sarks
and they try and match it up. They're basically forensic accountants, right.
(13:23):
And we see here that the compliance officers in the
offices in New York and Jacksonville raised a bunch of
concerns about Jeffrey Epstein's banking. In addition, the compliance officers
on at least one occasion, noticed potentially illegal activity in
one of mister Epstein's accounts, including transaction which money was
(13:45):
moving outside the United States. Two of the people said,
this is the sort of thing that the second it happened.
The FED should have been all over Epstein and he
should have been brought in for money laundering all over again.
Guess what normal people like you or I or your
friend Vinnie. Oh yeah, we're going We're We're going on
the clink, no doubt about it. There's gonna be a huge,
(14:07):
broad investigation into us. They're gonna pull our families into it.
They're gonna threaten our families. They're gonna try and litigate
us into the poorhouse. And that's just the way it goes.
But if you're Jeffrey Epstein, you can make whatever kind
of transactions you want with your homies at the bank,
right they're just gonna cover for you. And the investigators,
well they don't give a shit. They've been told you
you belong to intelligence. Hands off. So Jeffrey Epstein has
(14:33):
free reign to make as many crazy, weird financial moves
as he wants. Have a child sex trafficking ring right
on under everyone's nose, be engaged in various other crimes,
and nobody has anything to say about it. Huh. The
compliance officers produced the so called suspicious Activity report, but
(14:56):
it is unclear whether the report was ever filed with
the Treasury departments Financial Crimes Division. This is so crazy
to think about. If I was to be involved in
something like this when I was at Caner Fitzgerald, I
would have been fired the day it happened. If we
would have let something like this get by, forget it,
there would have been hell to pay. I would have
(15:18):
been packing up my desk and looking for a new
job that day. Despite the compliance officer's misgivings, the bank
continued to do extensive business with mister Epstein, and that
right there is the death knell for Deutsche Bank. If
I was investigating them, that would be all I need
to open up a robust investigation into them, I would
(15:43):
put it. If I was the prosecutors of this Epstein case,
I would pull Deutsche Bank right into this recal investigation,
point blank period. Earlier this year, as the bank rushed
to disentangle itself from him, officials discovered additional transactions that
they saw as problematic. Three people said that prompted the
(16:05):
bank to submit a suspicious activity report to the Treasury Department. Well,
that's fine and well, but a suspicious activity report is
supposed to be filed within thirty days. So Deutsche bank.
It seems like they're just trying to cover their ass here, right.
Do you really think that they care about these financial crimes.
I don't. I think that they were engaging in them
with them. I think that they were part of them,
(16:26):
and I think they were enriching themselves on the back
of them. The nature of the bank's trans of the
bank's concerns about the twenty nineteen transactions, was not clear.
Just because a bank files a suspicious activity report does
not mean the transaction was actually improper. Banks sometimes are
on the side of on the side of over reporting
(16:49):
troubling transactions to avoid government criticism that they missed red flags.
That is the truth. I can tell you that for sure,
we always aired on the side of if we thought
it was suspicious, file the sark, let's get it in
and let's make sure it's on file and in the database.
So I could I could definitely see that that from
my experience, that does not ring as a lie. But
(17:12):
I will say this, when you have somebody like Epstein
and the financial financials that we've seen here, I would
have been sarking every transaction this guy made if it
was me in charge of this, because look, working where
I work for so long, you start to get an
idea and start to get a gut feeling when somebody's
coming in to your desk with all this money and
they're trying to make a bed or a deposit. You
(17:34):
start to get a feel if something's out of order
or if something's you know, on the up and up right.
And that just comes with experience and with ample time
spent doing a job. And I'm sure that these regulators
who are adding him to the database and sarking him
have plenty of experience right. The report was filed with
(17:57):
the government as Deutsche Bank conducted an internal investing into
its relationship with mister Epstein. Deutsche Bank officials are still
trying to determine what mister Epstein was using his accounts for,
including where and to whom he had previously moved money.
We're still trying to get our arms around it, one
of the people said. And that is such a huge
part of it, because whoever he was moving money to, folks,
(18:20):
if they slap this with a Rico indictments and this
becomes a Rico case, whoever Epstein was moving money to,
whoever he was getting money from, they are now part
of this ever expanding RICO web. The question that I
have is when are we going to see it? If
(18:44):
you like to contact me, you can do that at
Bobby Kapuci at Protonmeil dot com. That's Bobby cap u
Cci at Protonmeil dot com. You can also find me
on Twitter at Bobby Underscore capu Cci. What's up, everyone,
and welcome back to the Epstein Chronicles. On today's episode,
(19:06):
we're going to talk a little bit more about the
US Virgin Islands and the various lawsuits that are making
their way through the system as we speak. And today's
article from Inside Edition is pivoting away from the JP
Morgan conversation and focusing on the Deutsche Bank suit. So
(19:26):
let's get into this article from Inside Edition and let's
see what the author, Chris Spargo, has come up with
headline Jeffrey Epstein rape victim who got seven point four
million dollars after fifteen years of abuse gets trial date
in Deutsche Bank suit. And once again the author of
(19:46):
this article is Chris Spargo. Details of the woman's settlement
as well as the document she had to sign in
order to receive that money, have been made public due
to her ongoing lawsuit against Deutsche Bank. The estate of
Jeffrey Epstein paid seven point four million dollars to one
of the pedophiles survivors, according to court documents obtained by
(20:09):
Inside Digital, Details of the women's settlement with Epstein's estate,
as well as the document she had to sign in
order to receive that money, have been made public due
to her ongoing lawsuit against Deutsche Bank. The woman, identified
as Jane Doe number one in court papers, claims in
her complaint that Deutsche Bank knowingly benefited from participating in
(20:33):
a sex trafficking venture. And I don't think there's any
doubt at this point that Epstein, in his behavior, was
one of the worst kept secrets within the financial sector.
Deutsche Bank, for their part, denies Jane Doe's allegations and
any wrongdoing. A trial date has now been set for September,
and we also know that in October there is the
(20:55):
trial date for JP Morgan, So we're going to have
consecutive months, looks like anyway, with some new information coming
out from the start of these trials from two thousand
and three, when Doe was first introduced to Epstein and
threw her eventual separation from Epstein and his organization fifteen
(21:15):
years later, Epstein's and his co conspirators used extreme measures
of force, fraud, and coercion to cause Jane Doe number
one to engage in commercial sex and to remain obedient
to the organization. Doe alleges in her one hundred and
sixty three page complaint, having been conditioned that the sexual
(21:35):
abuse was normal, and knowing that everyone surrounding Epstein, including accountants, lawyers, bankers,
and other people, were aware of the sex abuse, Jane
Doe number one was coerced into a cult like life
controlled by Epstein and others, to be sexually abused and
sexually trafficked. And once again, if you put the pieces together,
(21:56):
I think it's relatively obvious who Jane Doe number one
might be here. And if that is the case, and
it is who I think it is, I don't see
how the banks are gonna wiggle out of this one.
And that's because of all of the intimate knowledge this
person would have of the inner workings of Jeffrey Epstein's
criminal enterprise. Now think about it. You're purchased from your
(22:17):
parents by Jean Luke Brunel as the middleman. Then you're
brought to America and sold to Jeffrey Epstein, and then
from there the grooming process begins. And then from that
it turns into the normalization process, right like she says here,
and when you have all of society's heavy hitters hanging
out down at Epstein's house and nobody is saying that
(22:38):
this shit is wrong, and not only that but also
engaging in it with Epstein, some of these folks, what's
a little fourteen year old kid who has sold to
Jeffrey Epstein supposed to think? Of course, they're gonna think
what they're doing is normal. And that once again brings
in the focus just how dangerous enabling somebody like Jeffrey
Epstein is. The more these movers and shakers validated Jeffrey
(22:59):
Epstein's existence, the easier it was for him to carry
out his bullshit. It's pretty clear what happened here. Finally,
after being sexually abused in traffic by Epstein for fifteen years,
Doe says she made her escape in twenty eighteen. She
later alleges that in those years under Epstein's control, the
pedophile committed the following sexual offenses sexual misconduct as Epstein
(23:25):
engaged in sexual intercourse with Jane Doe without her consent.
Remember she was purchased fourteen years old. Rape in the
first degree as Epstein engaged in sexual intercourse with Jane
Doe by forcible compulsion, criminal sexual act, and the first
degree as Epstein engaged in oral sexual conduct with Jane
(23:45):
Doe by forcible compulsion, forcible touching, as Epstein intentionally and
for no legitimate purpose, forcibly sexually touched Jane Doe for
the purpose of degrading or abusing her, or for the
purpose of gratifying his own sexual desire. Sexual abuse in
the third degree as Epstein inserted a foreign object in
(24:08):
the vagina of Jane Doe by forcible compulsion, aggravated sexual
assault in the first degree as Epstein inserted a foreign
object in Jane Doe's vagina, causing physical injury by forcible compulsion.
And all of this, remember was happening while she was
basically a slave of Epstein. And when we say that
(24:29):
about this person, we mean it when you're bought by
somebody at fourteen years old and brought to a different
country and put into this environment where all of this
bullshit is normalized, what else should we call you? In
the documents, Doe does not say how old she was
when she met Epstein, nor does she explain how she
(24:50):
made her escape. She sought a settlement from the Victim's
Compensation Fund after Epstein's death. Well, that sounds like a
no brainer. If she was abused from the time she
was fourteen years old and purchased by this sick bastard
in his pal Jean Luke Brunel, I would think that
whatever money she got is probably not enough. Geordana Feldman,
(25:11):
the administrator of the fund, said in an August twenty
twenty one press release that the fund paid one hundred
and twenty one million dollars to more than one hundred
and thirty five victims, a little more than one million
dollars per Meanwhile, the government got the lion's share of
all of this with taxes. It had previously been revealed
(25:31):
in court during the federal trial of Glene Maxwell that
one victim received one point five million dollars from the fund,
and a second witness testifying against Epstein's British born enabler,
received a five million dollars settlement. In exchange for their settlements,
the victims were required to sign a five page document.
(25:52):
Inside Edition Digital obtained that document, which states that, in
consideration of the settlement amount, the individual releases and forever
discharges any current and former principles officers, directors, stockholders, managers, members, partners,
limited partners, trustees, beneficiaries, administrators, agents, employees, attorneys, predecessors, successors,
(26:19):
assigns and affiliates, and any entities or individuals who are,
have or ever been engaged by, whether as independent contractors
or otherwise employed by, or worked in any capacity for,
Jeffrey E. Epstein and or the Epstein Estate, from any
and all claims, demands, actions, causes of actions, suits, debts, dues,
(26:43):
sums of money, accounts, variances, trespasses, damages, and judgments, whether
sounding and equity, tort, common law, contract, statute, regulation, or otherwise,
and whether now existing hereafter existing or revived in the future,
whatsoever in law, admiralty, equity, or otherwise, including without limitation,
(27:07):
any and all claims or causes of action that arise
or may arise from, or which otherwise concern acts of
sexual abuse or sex trafficked by mister Epstein. One signed
the full settlement amount would be wired to the claimant
within fifteen days, so basically, take your few pennies and
shut up the whole. Entire settlement fund turned out to
(27:29):
be not so great of an idea in my opinion. Now,
of course, people getting made whole and getting taken care
of as far as financially, for the abuse they suffered
is something that should have been done a long time ago.
But with hindsight as our guide, it certainly looks like
this fund was set up with the hope that after
(27:50):
these payments were paid out, that all of this would
go away. And like usual, their hope was meaning people
like Epstein and the people that were participating in Epstein's
criminal enterprise and enabling it. They figured, throw a few
dollars at this, and it's all going to go away,
because that's what history tells us. Rich people can throw
(28:10):
money out of problem and it goes away. And that's
been the favorite strategy for anybody involved with Jeffrey Epstein
and Jeffrey Epstein himself, and we saw it with this fund.
That's what it was. The estate knew, the estate knew
that they were in jeopardy, they were exposed, so setting
the fund up was a good idea for them, and
once again, just to reiterate, how is it okay that
(28:33):
the government got the lion's share of that money? Deutsche
Bank unsuccessfully tried to use this settlement agreement to dismiss
the case against them in court. Plaintiff's claims are released
by the April twenty eighth, twenty twenty two general Release
end settlement agreement that plaintiff entered into with the Epstein Estate,
which contains a broad release of any and all sex claims,
(28:57):
including those related to acts of sexual abuse or sex
trafficking by Epstein, against not only Epstein and his a state,
but also against a wide array of other individuals and entities,
including any entity that was ever engaged by or worked
in any capacity for Epstein. Deutsche Bank writes as an
(29:17):
affirmative defense in their response to Doe's complaint. In exchange
for giving that broad release, plaintiff received a substantial settlement
payment from the Epstein estate. So, in other words, if
you want to be cynical about it, the whole entire
settlement fund was set up to protect Jeffrey Epstein's buddies,
to protect people like this. The judge ultimately agreed to
(29:39):
dismiss eight of the twelve counts, but four of the
claims asserted by Doe are still part of the case.
The claim that the defendants knowingly benefited from participating in
a sex trafficking venture. The claim that the defendant obstructed
enforcement of the Trafficking Victims Protection Act. The claim that
the defendants negligently failed to exercise reasonable care to prevent
(30:02):
physical harm. The claim that the defendants negligently failed to
exercise reasonable care as a banking institution providing non routine banking.
The judge also weighed in on how much legal protection
in the settlement agreement signed by Doe affords Deutsche Bank.
Deutsche Bank also argues that the settlement agreement was intended
(30:25):
to resolve a broad class of claims potentially asserted by
d B. Jane Doe, including claims against Deutsche Bank. Judge
Jed ray Koff wrote in his opinion allowing the case
to proceed in trial in September, but this argument is
sheer speculation at best, and hardly sufficient to meet the
high standard of evidence third party beneficiary status. Among the
(30:49):
counts dismissed by the court were intentional infliction of emotional distress,
participating in a sex trafficking venture, reco violation and aiding
a betting, and an inducing a sex trafficking venture. So
of course they dropped the Rico, right, we can't have
rico in this case at all, not even a cent
of it, not even one little whiff of rico. But
(31:12):
Rico's good enough for Keith Rayniery. Rico's good enough for R. Kelly,
but not Jeffrey Epstein. What is the difference between Jeffrey Epstein, R.
Kelly and Keith Rayniery. They're all rich, right, they all
have a bunch of dough. But the one thing that
Epstein has that the other two knuckleheads couldn't even dream
of is political power, political connections, and of course protection.
(31:37):
So it really shouldn't be a shock that we've never
seen a real rico case or Rico statutes used when
it comes to Epstein, but we see it used with
everybody else. In twenty twenty, deutsch Bank, is part of
their settlement agreement, agreed to pay one hundred and fifty
million dollars fine for its dealings with Epstein between twenty
thirteen and twenty eighteen. After an investigation by the New
(31:59):
York Department of financial Services alleged that bankers overlooked multiple
red flags about the pedophiles passed and failed to properly
monitor how his funds were being distributed. A regulator claimed
that very few problematic transactions were ever questioned, and even
when they were, they were usually cleared without satisfactory explanation.
(32:23):
In that twenty twenty report, which was obtained by Inside
edition Digital. Deutsche Bank did not respond to Inside Digital's
request for comment about the allegations made by Jane Doe
in court filings. Well, we all know that Deutsche Bank
is the preferred destination for scumbags worldwide. So is it
a shock that they were balling out with Jeffrey Epstein,
(32:46):
Profident Megan a bunch of dough, all the while piggybacking
on Jeffrey Epstein's sex trafficking enterprise. I mean, it's not
a shock to me. You know what would be a
shock to me if these financial institutions didn't have these
kinds of allegations again against them, because they're filled with
absolute scumbags, and the people at the very top. When
we're talking about these financial institutions, they don't care about anybody.
(33:10):
You really think they care about you, or are you
feeding your family? Or are you paying your bills? They
don't give one single shit, and they continue with their
behavior time and time again, because there's never ever any
real repercussions. It's always some kind of financial fine, a
slap on the wrist, and the same old story gets
told over and over again, and we're gonna see the
(33:32):
same thing here. Nobody's gonna get in trouble as far
as legally, nobody's gonna do prison time. Oh, we'll get
some apologies and we'll hear about how they're gonna fix
their internal workings and make sure this never happens again.
But the reality is inside of the financial sector right
now as we speak, many, many people as scummy or
(33:53):
scummier than Jeffrey Epstein are up to the very same
things that Jeffrey Epstein was up to, And these financial
insc intitutions are right on board once again, going along
for the ride. All right, folks, that's going to do
it for this one. All of the information that goes
with the episode can be found in the description box.
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