January 17, 2026 • 28 mins
Jamie Dimon, CEO of JPMorgan Chase, has repeatedly denied any meaningful knowledge of Jeffrey Epstein’s criminal behavior, portraying himself as distant from the relationship despite Epstein being a longtime, high-profile client of the bank. Dimon has claimed he was unaware of Epstein’s sex-trafficking activities and has suggested that responsibility lay with lower-level compliance staff rather than senior leadership. Critics argue this position strains credibility, given Epstein’s 2008 federal conviction, his well-known reputation in elite circles, and the sheer volume of internal red flags tied to his accounts. Under Dimon’s leadership, JPMorgan continued to bank Epstein for years after his conviction, processing transactions that later became central to allegations that the bank enabled or ignored obvious signs of trafficking and abuse.
Dimon’s denials have come under sharper scrutiny as internal emails, testimony, and court filings have suggested that Epstein’s risk profile was widely known inside JPMorgan and that concerns reached far beyond rogue employees. Survivors and regulators argue that the bank’s leadership cannot plausibly claim ignorance while simultaneously benefiting from Epstein’s wealth, connections, and influence. Dimon’s insistence that he personally knew little or nothing about Epstein has been criticized as a calculated effort to firewall executive accountability, shifting blame downward while preserving the myth of corporate ignorance. To critics, his statements exemplify a broader pattern in which powerful institutions acknowledge “mistakes” in the abstract but resist admitting that profit and prestige outweighed moral and legal responsibility when it mattered most.
to contact me:
bobbycapucci@protonmail.com
Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
Dimon’s denials have come under sharper scrutiny as internal emails, testimony, and court filings have suggested that Epstein’s risk profile was widely known inside JPMorgan and that concerns reached far beyond rogue employees. Survivors and regulators argue that the bank’s leadership cannot plausibly claim ignorance while simultaneously benefiting from Epstein’s wealth, connections, and influence. Dimon’s insistence that he personally knew little or nothing about Epstein has been criticized as a calculated effort to firewall executive accountability, shifting blame downward while preserving the myth of corporate ignorance. To critics, his statements exemplify a broader pattern in which powerful institutions acknowledge “mistakes” in the abstract but resist admitting that profit and prestige outweighed moral and legal responsibility when it mattered most.
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):
What's up every want and welcome back to the Epstein Chronicles.
Even though Denise George is no longer the Attorney General
down in the US Virgin Islands, well, their lawsuit is
still alive and well, and in fact, they're lobbing some
bombs at JP Morgan saying that Jamie Diamond knew about
(00:21):
Jeffrey Epstein's sex trafficking and didn't do anything about it,
in fact, basically turn the other cheek and just let
it occur. Now, those are some big allegations against one
of the titans of the financial sector. But one of
the things that I have said from the very beginning
(00:43):
of this whole, entire sordid ordeal with Jeffrey Epstein is
that it should have been a search into the financials.
If they would have dug deep into the financial records
of Jeffrey Epstein and all of his buddies, forget it,
it would have a rap. And they had all of
the tools right there at their disposal to do so,
(01:06):
and they chose not to. They had more rico predicates
available to them. Then the Kardashians have ex boyfriends, but
they chose not to go down that path. And if
they did all of these clowns would have been exposed.
But you notice the only time any of them ever
have to answer for anything is when it's in a
(01:28):
civil court. And then what do they do. They buy
their way out of it once again, rinse and repeat.
That is the strategy. So I'm guessing that's what's gonna
happen here. When all said and done, JP Morgan will
pay a fine to the US Virgin Islands. The US
Virgin Islands, well, they'll collect another bag on top of
the one they've already Pilford. And meanwhile, nobody from the
(01:51):
US Virgin Islands who helped Jeffrey Epstein get all of
these tax benefits, set up shop and all of the
rest of it, well none of them have went to
prison or faced any penalties. So, like usual, another cash grab.
And it wasn't just Denise George, it's the whole US
Virgin Islands. Sure she was orchestrating it. But they see
(02:13):
blood in the water here and they're saying to themselves,
we might as well continue down this path and pursue
this and see what comes of it. We already got
one hundred million. Meanwhile, how many countless women and children
were abused by Jeffrey Epstein and never had any kind
of publicity or restitution. And all of this money is
(02:33):
going to the US Virgin Islands And where's it gonna
go from there? Are you gonna try and pitch to
me that they're gonna make the citizens of the US
Virgin Islands lives better? Yeah, that's exactly what all of
these politicians plan on doing. Give me a break already.
But as far as Jamie Diamond, I'd be lying if
I said I didn't want to see the dude squirm.
(02:56):
As you all know, I'm not a big fan of
the financial sector or the scuzzballs who inhabit it, and
Jamie Diamond certainly fits the mold. So let's dive into
this article from Law on Crime and let's see what
Adam Klasfeld has for US headline. JP Morgan CEO Jamie
Diamond knew about Jeffrey Epstein sex trafficking Virgin Islands tells judge, So, look,
(03:22):
it's not an accuser saying that this time, it's the
Virgin Island saying it in open court. Pretty significant. And
if you're JP Morgan and you're Jamie Diamond and you
already have all of the Jess Staley nonsense hanging over
your head. This is probably not the news that you're
looking forward to hearing. Skewering JP Morgan's attempt to deflect
(03:47):
blame on its former senior executive, Jess Staley, The Virgin
Islands Government told the judge on Thursday that the bank's
role in Jeffrey Epstein sex trafficking went straight to the top. Now,
that is quite the allegation, and you're going to obviously
need the evidence to back that up in court because
(04:08):
if you don't think that JP Morgan and Jamie Diamond
aren't going to have the best lawyers that money can buy,
well you're not paying attention. That's exactly what they're going
to have, and that's exactly what they do have. So
they're going to challenge every little thing. And if you're
saying that it went right to the top, you're gonna
(04:28):
have to provide that proof, receipts, maybe somebody giving testimony,
whatever it might be. Now what happens here, though, is
it does open up the possibility, even though I find
it to be a slight possibility at this point, anyway,
that Jamie Diamond perhaps has to be deposed. And if
(04:50):
that's the case, boy, that would be an enjoyable day
to be a roach in the rushes to watch this
dude's squirm as he's being deposed about sex trafficking and
scumbag Epstein's behavior, talk about just desserts. If mister Staley
is a rogue employee, why isn't Jamie Diamond the government's
(05:12):
private council, Mimi Lou thundered interclosing arguments. In August two
thousand and eight, an internal JP Morgan email discussed the
flow of Epstein's assets with a reference depending Diamond review.
That's Jamie Diamond, said Lou, an attorney at Motley Rice.
And look, those are the kind of receipts that I'm
(05:33):
talking about. And when you have at least some of
those receipts, at the very least, you should be able
to get a deposition. And if that's the case, then
who knows what happens from there. All of these so
called smartest people in the room don't seem that smart
to me. So the chances are this knucklehead will end
up perjuring himself if he did something illegal. After that message,
(05:57):
she noted, Epstein remained a client for five more years.
The remarks provide insight into why the Virgin Islands issued
a subpoena a Diamond earlier this year and why Senior
US Judge Jed Raykoff signed off on it. And for me,
this is the most important part of this kind of
(06:18):
civil action. When we get to the trial portion of it,
where there is hearings in testimony, then we get a
lot more information that we don't have right now, and
obviously the more context we have, the better off we
all are. JP Morgan, the world's largest bank by market capitalization,
was Epstein's bank of choice between nineteen ninety eight and
(06:41):
twenty thirteen, well after Epstein's Florida prosecution for soliciting prostitution
with a minor. That relationship has been under newfound spotlight
after Epstein's survivors and the Virgin Islands sued JP Morgan
Chase late lastlast year, claiming that it facilitated, sustained, and
(07:04):
concealed Epstein's abuse. Earlier this month, JP Morgan launched a
counter offensive against their former senior executive, James Edward Jess Staley,
claiming he concealed his personal activities with Epstein so like usual.
Everybody's in a rush to throw everybody else under the bus,
(07:27):
when in reality it was a systemic problem, and not
just that JP Morgan. We're talking about Deutsche Bank and
everywhere else. This disgusting animal Jeffrey Epstein was doing business.
The Virgin Islands, however, says that their knowledge of Staley's
actions came from JP Morgan's internal files. These were JP
(07:49):
Morgan documents. Lou said, everything we knew JP Morgan knew.
During his time at JP Morgan, Staley cultivated deep personal
and business ties with it's Jeffrey Epstein. At a time
when the executive let the bank's asset management end investment division.
Staley exchanged upwards of one thousand, two hundred messages with Epstein.
(08:13):
He sent one of those messages from Epstein's private island,
Little Saint Jeff's, while his client was in a Florida prison.
In their lawsuit, the Virgin Islands provided glimpses of those exchanges,
called from the bank's internal files. Now, if they weren't close,
like Staley likes to say, then what are you doing
(08:34):
hanging out on his island? Well, old boy is in
the clink. Does that sound like just a stranger type
of activity. Oh yeah, I really don't know this guy,
but I'm gonna go soak my boys in his hot
tub while he rots away in a jail over child
solicitation and basically child molestation. Does that sound like a
(08:55):
good idea to anyone out here, never mind the dude
who's supposed to be running the asset management division of
the biggest bank and not just the United States, but
the whole last world. Does that sound like the behavior
of somebody who should be in any position of power.
Bros out here lounging at a diddler's house and then
(09:16):
talking about Oh, I didn't have any idea what he
was up to stop it. So when all hell breaks
loose and the world is crumbling, I will come here
and be at peace. Staley wrote to Epstein from the
Virgin Islands on November first, two thousand and nine, during
Epstein's incarceration. Presently, I'm in the hot tub with a
(09:38):
glass of white wine. This is an amazing place, truly amazing.
Next time we're here together. I owe you much, and
I deeply appreciate our friendship. I have few so profound.
But remember, he has no idea who Jeffrey Epstein is
or what Epstein was up to, or anything like that.
That's what Jess Staley, what Jamie Diamond, what all of
(10:00):
these scoundrels will have you believe. But if you really
just pay attention to the real facts and what's really
going on on the ground, it's no mystery to understand
that all of these people were super close to Jeffrey Epstein.
All of them were very close to him. They all
broke bread with them, They all went to his island,
(10:22):
they went to his New York house. Let's not forget
that they all went to Zoro Ranch as well. We
still don't have any kind of real investigation there. Not
to digress too much and go off on a tangent,
but look at the shit show that we see with
Alec Baldwin. You mean to tell me that the people
in charge in New Mexico are capable of dealing with
(10:43):
a guy like Epstein or what he was up to.
Come on, So, there certainly was a reason that he
chose New Mexico in the first place. And all of
these people that we talk about, for the most part,
they were making trips out to New Mexico as well.
That was only one of Staley's visits to Epstein's island,
(11:04):
The Virgin Islands, alleges that they trace payments from Epstein's
accounts at JP Morgan to women with Eastern European surnames
timed near Staley's visits to be the sex offender's properties
in London and Palm Beach. Everything that mister Staley did
was in the scope of his employment and thus imputed
(11:27):
to JP Morgan, lou argued. Earlier this week, attorneys for
Epstein's survivors accused Staley of participating in Epstein's crimes. That
hearing referenced unspecified allegations that one Jane Doe survivor made
against Staley during a deposition. The deposition came up again
(11:48):
on Thursday, as JP Morgan's lawyer John Buttz said, it's
why the bank came down hard on Staley. What happened
at that deposition fundamentally changed things, but said, oh, that's
going to be their excuse. Oh well, we finally got
our hands on that deposition, and that fundamentally changed things.
We realized then that jess Daley was, you know, a
(12:10):
lot closer to Epstein than we knew before, and that's
the same tired ass nonsense that we've heard time and
time again. And I don't know about all of you,
but I've had my fill. The Virgin Islands lawsuit alleges
that JP Morgan violated the Trafficking Victims Protection Act, the
(12:31):
first comprehensive federal law to address trafficking in persons, the
Criminally Influenced and Corrupt Organizations Act, the Territory's analog of
federal anti racketeering law, violating the Bank Secrecy Act, and
consumer fraud. Judge Rakoff set down a brisk roadmap for
a trial the survivor's lawsuit against Deutsche Bank, which did
(12:55):
business with Epstein, after JP Morgan has been set for August.
JP Morgan Chase will face off against the Epstein survivors
and the Virgin Islands government at trial on October twenty third.
Ray Koff moved the latter trial date in light of
JP Morgan's lawsuit against Stay. So, as you can see,
(13:17):
things are continuing to heat up down in the Virgin Islands,
and I hope that they continue to escalate and we
continue to hear more about people like Jamie Diamond possibly
having to sit for a deposition because it's long beyond
time that all of these people who were facilitating this
(13:37):
nonsense financially were called out for the gigantic role that
they played in this ongoing abuse that lasted literally decades.
All Right, folks, that's gonna do it for this one.
All of the information that goes with the episode can
be found in the description box. What's up everyone, and
(13:58):
welcome back to the program. So Jamie Diamond, in his deposition,
had the audacity to say that he had no idea
who Jeffrey Epstein was before his arrest. And we're not
talking about the first arrest. We're talking about the second arrest.
Have you heard anything as ludicrous as that in the
(14:19):
last oh, I don't know, fourteen centuries? And he was
asked these questions while he was under oath, and now
Jess Daley he's going to sit down for a deposition
on June tenth and he's going to be asked the
same questions. So somebody has to be lying, right, And
if they lie under oath, isn't that a criminal penalty?
Shouldn't one of them get charged with perjury if they're
(14:41):
caught lying? Now I doubt they will, but boy, wouldn't
it be nice for some equal justice that they always
talk about, you know, whenever they're running their fat yapps
about the protection of this, the protection of that, and
equal justice for all. Well, how about some equal justice
for those at the very top of the levers of power,
(15:03):
Because if you or I even lie to an FBI agent,
we can get in big trouble for that. But these
guys can sit down for depositions, tell absolutely different stories,
and nobody's gonna end up in any kind of criminal
jeopardy because under normal circumstances, that's the penalty for telling
lies when you sit down for a deposition. And in
(15:24):
this episode, that's what we're going to talk about a
little bit more, the Jamie Diamond deposition and some of
the things that he said during that deposition. This article
was published by The Guardian headline. JP Morgan CEO. Jamie
Diamond says that he never heard of Epstein before the arrest.
(15:45):
Oh yeah, nobody ever heard of them before the arrest.
Jamie Diamond, Mister, I never watched the news. Huh. The
head of the biggest bank in the United States of America,
one of the richest, most powerful men in the country,
had no idea about one of the biggest clients at
your bank and the fact that he was a sexual predator.
That's what you want us to believe. And just like
(16:07):
everybody else before him, he makes pretend he has amnesia
whenever this topic is brought up. Oh, I don't recall.
I'm not too sure. I don't remember that conversation, you know,
all of that stuff, never anything definitive, right, very sly
with his words, and a man that was prepared to
sit for this deposition. I'm sure he sat down with
(16:29):
the JP Morgan Chase lawyers way in advance of this
and had a preparation session where they peppered him with
all kinds of questions in preparation for this. So Jamie
Diamond certainly had his narrative tightened up and ready to go.
And if it was only Jamie Diamond giving this deposition,
then I'd say that he's home free. But there's a
(16:50):
little wrinkle here, and that wrinkle is Jess Daily giving
us a completely different story about not only what JP
Morgan was to Jeffrey Epstein, but the fact that Jamie
Diamond also knew about Jeffrey Epstein and Epstein's behavior. So
both narratives can't be true, and that means one of
them is going to be lying under oath. This article
(17:13):
was authored by Edward Hellmore. JP Morgan's CEO, Jamie Diamond,
has said in a court deposition that he did not
recall ever hearing about convicted sex trafficker Jeffrey Epstein or
his sexual abuse crimes against teenage girls until the financier
Pedophile was arrested in twenty nineteen, countering claims that the
(17:36):
bank ignored signs of malfeasance, including Epstein's large monthly cash withdrawals.
So how do you account for the emails? How does
Jamie Diamond account for all of those emails that were
getting fired back and forth between the executives. Oh everybody knew,
but you huh. The whole entire company went rogue. This
(17:57):
guy's an absolute joke. And the more I hear for
Jamie Diamond, the more I dislike him. Just another smug
scumbag that never takes self responsibility for anything. In transcripts
of the deposition obtained by the Guardian, Diamond was asked
if he had ever heard the name Jeffrey Epstein before
the arrest. Diamond responded not that I recall, listen to
(18:20):
the words he uses, not that I recall. How do
you challenge that he's being evasive, But you can't prove
that he's lying one way or the other unless you
have the receipts to back it up. And so far
we haven't seen any emails with Jamie Diamond's direct name
on them, but we do have the direct account from
Jess Daily, and I'm guessing there are other people that
(18:43):
were working for the company at the time that have
some knowledge of what was going down, so hopefully the
investigators are talking to them as well. He said. The
first time that he heard about Epstein was when the
story blew wide open. He was arrested and all the
stories came out about all the people he knows. And
the reason I remember that is I was surprised that
(19:06):
I didn't know about it before. So let me get
this straight. The head of the biggest bank in America,
who was doing business with this man, who was under
all kinds of investigation, went to jail, went to prison,
got out, and was notorious for what he did. You
mean to tell me that that guy, Jamie Diamond, had
(19:26):
no idea what was going on? Where does he live
in a cave in Afghanistan under the rule of the Taliban.
And the frustrating part is, how do you prove that
wrong again? Unless you have the receipts or eyewitnesses coming
forward and saying they were having conversations with him about
Jeffrey Epstein, then it's very difficult to prove what somebody
(19:48):
remembers or they don't remember. The testimony given during a
deposition recorded last week in New York as part of
the claim by Epstein victims and by the US Version
Islands that JP Morgan is financially liable for Epstein's abuse
of girls and women because it continued to do business
(20:08):
with them for at least six years after he was
first charged with sex crimes in Florida. And not just that.
It wasn't that they were just his bank, you know,
his local branch. They were intimately involved with the guy
going to his house, dunking their nuts in his jacuzzi,
having some quote unquote white wine. You know, all of that,
(20:29):
and these fools over at JP Morgan might be using
some revisionist history, but let's not forget who Jess Staley
was working for when all of this was happening. If
you go and do something stupid while you're working for
a company, you're gonna know about it. But Jess Staley, well,
he can go have sleepovers at a sex offender's house
and his boss, Jamie Diamond, has no idea what's going on.
(20:52):
JP Morgan denies these claims and has sued Jess Staley,
a former senior executive at the bank and later Barclay's CEO,
saying he hid Epstein's crimes to keep Epstein as a client.
JP Morgan has also filed a counterclaim against the US
Virgin Islands government, claiming that the sex trafficker maintained a
(21:12):
quid pro quo relationship with some of the territories highest
officials over two decades. Those aren't claims, that's fact. That's
all documented fact, and the US Virgin Islands has done
ungats about it. But somehow they're packing away one hundred
and five million dollars. How much money that is? How
(21:33):
many lives could have that changed amongst these survivors. How
about that money going to people who were actually abused
by Jeffrey Epstein. I know, novel idea, but wouldn't that
be nice? So when you add up the fact that
the US government already took the lion's share of the
fund because of you know, taxes, and then you add
(21:55):
on top of it the little bit of sprinkle action
here that the US Virgin Islands government got on top
of it, and like usual, guess who's walking away with
a fat ass pocket. That's right, folks, uncle Sam. And
the grossest part about that for me is not only
the government of the US Virgin Islands, but the negligence
shown by the US government itself. So that money that
(22:18):
they took in taxes, enjoy it while it lasts, because
I'm guessing that eventually there's going to be a lawsuit
against the FBI, the same way there was with Larry Nasser,
and once that happens, we're looking at another easy five
hundred million dollar payout. So that's another thing that the
American taxpayer is going to be on the hook for
because of the incompetence that we see in these agencies.
(22:42):
Those claims center on Cecil DeJong, wife of former US
Virgin Islands Governor John DeJong, who JP Morgan says facilitated
Epstein's abuse of women and girls by helping them influence
local politicians dodge the territories sex offender law, and the
work and visas for his victims. Imagine that must be
(23:04):
nice to be the man. Huh, show up down there
in the US Virgin Islands, throwing your money around, even
though you're a sex predator. No big deal as long
as you're going to stuff someone's pocket with a few bucks.
In the four hundred and sixteen page deposition, Diamond said
that an email from Epstein's office that suggested he was
(23:25):
scheduled to meet with Epstein and Staley at Epstein's townhouse
was inaccurate. I have never had an appointment with Jeff Epstein.
I've never met Jeff Epstein. I never knew Jeff Epstein.
I never went to Epstein's house. I never had a
meal with them. I have no idea what they're referring
to here, Diamond said. I don't think Jeff ever arranged
(23:46):
for me to meet with anybody, to my knowledge. He added,
I don't think, to my knowledge, always giving himself away
to weasel out. And this is what happens when you're
coached up and your lawyers sit down with you and
they start earning that tooth thousand dollars an hour that
JP Morgan Chase is paying them, But Diamond said he
regretted that the bank, now the world's largest in terms
(24:08):
of assets, had continued to do business with Epstein after
he pleaded guilty to the crime he pleaded guilty to.
He we unfortunately continued to bank with them, yes, Diamond said.
According to the deposition, Diamond painted a picture in which
senior executives at the bank had not discussed one of
the bank's most problematic clients, and suggested that responsibility for
(24:32):
exiting Epstein lay with the bank's general counsel, Steve Cutler.
Cutler had warned in a twenty eleven email that Epstein
is not an honorable person in any way. He should
not be a client. JP Morgan's asset management chief Mary
Erdos said in an earlier deposition that she had only
met Epstein twice, the second of those was to dismiss
(24:56):
him after Staley had left the bank. Diamond also said
he thought Cutler and Urdos were trying to do the
right thing. Oh, yeah, of course they were. Everyone was
doing the right thing, but Jess Staley. He was the
one bad apple in the bunch. The rest of us
over here at JP Morgan, Well, you know, we're all
great people and we'd never ever do business with undesirable
(25:18):
pieces of shit. I mean, the financial sector historically has
never done that, right, right. Staley's deposition has not been
taken by plaintiffs in the case, but could come as
soon as next week. He has claimed in legal papers
that he spoke with Diamond about keeping Epstein as a client.
So this is where it's gonna get messy for all
(25:40):
these parties involved. They're going to have to figure out
who's lying here. Is Jess Staley telling the truth? Is
Jamie Diamond fabricating history so that JP Morgan comes out
of this looking bad but not absolutely terrible, Probably a
little bit of both. But I have a hard time
believing that Jess Staley and Jamie Diamond never sat down
(26:02):
for a conversation about one of their biggest clients and
the guy with a checkered past. You would think that
that would be something that Diamond would be interested in.
Diamond was asked that if he had known in twenty
ten that Epstein was a sex trafficker and clients of
the bank withdrawing large amounts of cash each month between
nineteen ninety eight and twenty thirteen, would he, in general
(26:25):
counsel have acted to drop Epstein. I think everyone involved,
had they known then what is known today, including me,
would have taken that position. He said, Well, jess Daley knew,
and who else knew? How many of these other bankers
thought it was funny? What they never sat around and
talked about what they did over at Jeffy's house. Give
(26:45):
me a break already. In one exchange, Diamond was asked
if he knew about a transfer of funds from Epstein's
account to Glenn Maxwell, who also banked with JP Morgan,
and those funds were used to purchase a helicopter to
transport girls to his private island. Diamond responded, I didn't
know then, and I don't really know now. Of course
(27:07):
you don't. I don't know anything. Richest man in the world,
most powerful man in banking, but he doesn't know shit.
In response to Diamond's deposition, Brad Edwards, lawyer for the
unnamed victim or Jane Doe in the USVII suit, said
it had become clear that Epstein could not have run
his sex trafficking operation without the help of JP Morgan. Conveniently,
(27:30):
each banker, points a finger at the other claiming the
hot potato was someone else's fault. Regardless how unbelievable the
finger pointing or a purported lack of knowledge is. Responsibility
rests with the bank one hundred percent. At the end
of the day, all of these people were employed by
the bank, so the bank holds responsibility for what went on.
(27:51):
Doesn't seem like it's that difficult, But when you're dealing
with people like JP Morgan, Jamie Diamond, Jess Staley and
the bags of money that they're throwing around, everything becomes difficult.
All the waters get muddy, So all you can do
is continue to swim through those muddy waters looking for clarity.
And that's what we'll continue to do each and every
(28:14):
day here on the podcast. All Right, folks, that's gonna
do it for this one. All of the information that
goes with the episode can be found in the description box.
What's up every want and welcome back to the Epstein Chronicles.
Even though Denise George is no longer the Attorney General
down in the US Virgin Islands, well, their lawsuit is
still alive and well, and in fact, they're lobbing some
bombs at JP Morgan saying that Jamie Diamond knew about
(00:21):
Jeffrey Epstein's sex trafficking and didn't do anything about it,
in fact, basically turn the other cheek and just let
it occur. Now, those are some big allegations against one
of the titans of the financial sector. But one of
the things that I have said from the very beginning
(00:43):
of this whole, entire sordid ordeal with Jeffrey Epstein is
that it should have been a search into the financials.
If they would have dug deep into the financial records
of Jeffrey Epstein and all of his buddies, forget it,
it would have a rap. And they had all of
the tools right there at their disposal to do so,
(01:06):
and they chose not to. They had more rico predicates
available to them. Then the Kardashians have ex boyfriends, but
they chose not to go down that path. And if
they did all of these clowns would have been exposed.
But you notice the only time any of them ever
have to answer for anything is when it's in a
(01:28):
civil court. And then what do they do. They buy
their way out of it once again, rinse and repeat.
That is the strategy. So I'm guessing that's what's gonna
happen here. When all said and done, JP Morgan will
pay a fine to the US Virgin Islands. The US
Virgin Islands, well, they'll collect another bag on top of
the one they've already Pilford. And meanwhile, nobody from the
(01:51):
US Virgin Islands who helped Jeffrey Epstein get all of
these tax benefits, set up shop and all of the
rest of it, well none of them have went to
prison or faced any penalties. So, like usual, another cash grab.
And it wasn't just Denise George, it's the whole US
Virgin Islands. Sure she was orchestrating it. But they see
(02:13):
blood in the water here and they're saying to themselves,
we might as well continue down this path and pursue
this and see what comes of it. We already got
one hundred million. Meanwhile, how many countless women and children
were abused by Jeffrey Epstein and never had any kind
of publicity or restitution. And all of this money is
(02:33):
going to the US Virgin Islands And where's it gonna
go from there? Are you gonna try and pitch to
me that they're gonna make the citizens of the US
Virgin Islands lives better? Yeah, that's exactly what all of
these politicians plan on doing. Give me a break already.
But as far as Jamie Diamond, I'd be lying if
I said I didn't want to see the dude squirm.
(02:56):
As you all know, I'm not a big fan of
the financial sector or the scuzzballs who inhabit it, and
Jamie Diamond certainly fits the mold. So let's dive into
this article from Law on Crime and let's see what
Adam Klasfeld has for US headline. JP Morgan CEO Jamie
Diamond knew about Jeffrey Epstein sex trafficking Virgin Islands tells judge, So, look,
(03:22):
it's not an accuser saying that this time, it's the
Virgin Island saying it in open court. Pretty significant. And
if you're JP Morgan and you're Jamie Diamond and you
already have all of the Jess Staley nonsense hanging over
your head. This is probably not the news that you're
looking forward to hearing. Skewering JP Morgan's attempt to deflect
(03:47):
blame on its former senior executive, Jess Staley, The Virgin
Islands Government told the judge on Thursday that the bank's
role in Jeffrey Epstein sex trafficking went straight to the top. Now,
that is quite the allegation, and you're going to obviously
need the evidence to back that up in court because
(04:08):
if you don't think that JP Morgan and Jamie Diamond
aren't going to have the best lawyers that money can buy,
well you're not paying attention. That's exactly what they're going
to have, and that's exactly what they do have. So
they're going to challenge every little thing. And if you're
saying that it went right to the top, you're gonna
(04:28):
have to provide that proof, receipts, maybe somebody giving testimony,
whatever it might be. Now what happens here, though, is
it does open up the possibility, even though I find
it to be a slight possibility at this point, anyway,
that Jamie Diamond perhaps has to be deposed. And if
(04:50):
that's the case, boy, that would be an enjoyable day
to be a roach in the rushes to watch this
dude's squirm as he's being deposed about sex trafficking and
scumbag Epstein's behavior, talk about just desserts. If mister Staley
is a rogue employee, why isn't Jamie Diamond the government's
(05:12):
private council, Mimi Lou thundered interclosing arguments. In August two
thousand and eight, an internal JP Morgan email discussed the
flow of Epstein's assets with a reference depending Diamond review.
That's Jamie Diamond, said Lou, an attorney at Motley Rice.
And look, those are the kind of receipts that I'm
(05:33):
talking about. And when you have at least some of
those receipts, at the very least, you should be able
to get a deposition. And if that's the case, then
who knows what happens from there. All of these so
called smartest people in the room don't seem that smart
to me. So the chances are this knucklehead will end
up perjuring himself if he did something illegal. After that message,
(05:57):
she noted, Epstein remained a client for five more years.
The remarks provide insight into why the Virgin Islands issued
a subpoena a Diamond earlier this year and why Senior
US Judge Jed Raykoff signed off on it. And for me,
this is the most important part of this kind of
(06:18):
civil action. When we get to the trial portion of it,
where there is hearings in testimony, then we get a
lot more information that we don't have right now, and
obviously the more context we have, the better off we
all are. JP Morgan, the world's largest bank by market capitalization,
was Epstein's bank of choice between nineteen ninety eight and
(06:41):
twenty thirteen, well after Epstein's Florida prosecution for soliciting prostitution
with a minor. That relationship has been under newfound spotlight
after Epstein's survivors and the Virgin Islands sued JP Morgan
Chase late lastlast year, claiming that it facilitated, sustained, and
(07:04):
concealed Epstein's abuse. Earlier this month, JP Morgan launched a
counter offensive against their former senior executive, James Edward Jess Staley,
claiming he concealed his personal activities with Epstein so like usual.
Everybody's in a rush to throw everybody else under the bus,
(07:27):
when in reality it was a systemic problem, and not
just that JP Morgan. We're talking about Deutsche Bank and
everywhere else. This disgusting animal Jeffrey Epstein was doing business.
The Virgin Islands, however, says that their knowledge of Staley's
actions came from JP Morgan's internal files. These were JP
(07:49):
Morgan documents. Lou said, everything we knew JP Morgan knew.
During his time at JP Morgan, Staley cultivated deep personal
and business ties with it's Jeffrey Epstein. At a time
when the executive let the bank's asset management end investment division.
Staley exchanged upwards of one thousand, two hundred messages with Epstein.
(08:13):
He sent one of those messages from Epstein's private island,
Little Saint Jeff's, while his client was in a Florida prison.
In their lawsuit, the Virgin Islands provided glimpses of those exchanges,
called from the bank's internal files. Now, if they weren't close,
like Staley likes to say, then what are you doing
(08:34):
hanging out on his island? Well, old boy is in
the clink. Does that sound like just a stranger type
of activity. Oh yeah, I really don't know this guy,
but I'm gonna go soak my boys in his hot
tub while he rots away in a jail over child
solicitation and basically child molestation. Does that sound like a
(08:55):
good idea to anyone out here, never mind the dude
who's supposed to be running the asset management division of
the biggest bank and not just the United States, but
the whole last world. Does that sound like the behavior
of somebody who should be in any position of power.
Bros out here lounging at a diddler's house and then
(09:16):
talking about Oh, I didn't have any idea what he
was up to stop it. So when all hell breaks
loose and the world is crumbling, I will come here
and be at peace. Staley wrote to Epstein from the
Virgin Islands on November first, two thousand and nine, during
Epstein's incarceration. Presently, I'm in the hot tub with a
(09:38):
glass of white wine. This is an amazing place, truly amazing.
Next time we're here together. I owe you much, and
I deeply appreciate our friendship. I have few so profound.
But remember, he has no idea who Jeffrey Epstein is
or what Epstein was up to, or anything like that.
That's what Jess Staley, what Jamie Diamond, what all of
(10:00):
these scoundrels will have you believe. But if you really
just pay attention to the real facts and what's really
going on on the ground, it's no mystery to understand
that all of these people were super close to Jeffrey Epstein.
All of them were very close to him. They all
broke bread with them, They all went to his island,
(10:22):
they went to his New York house. Let's not forget
that they all went to Zoro Ranch as well. We
still don't have any kind of real investigation there. Not
to digress too much and go off on a tangent,
but look at the shit show that we see with
Alec Baldwin. You mean to tell me that the people
in charge in New Mexico are capable of dealing with
(10:43):
a guy like Epstein or what he was up to.
Come on, So, there certainly was a reason that he
chose New Mexico in the first place. And all of
these people that we talk about, for the most part,
they were making trips out to New Mexico as well.
That was only one of Staley's visits to Epstein's island,
(11:04):
The Virgin Islands, alleges that they trace payments from Epstein's
accounts at JP Morgan to women with Eastern European surnames
timed near Staley's visits to be the sex offender's properties
in London and Palm Beach. Everything that mister Staley did
was in the scope of his employment and thus imputed
(11:27):
to JP Morgan, lou argued. Earlier this week, attorneys for
Epstein's survivors accused Staley of participating in Epstein's crimes. That
hearing referenced unspecified allegations that one Jane Doe survivor made
against Staley during a deposition. The deposition came up again
(11:48):
on Thursday, as JP Morgan's lawyer John Buttz said, it's
why the bank came down hard on Staley. What happened
at that deposition fundamentally changed things, but said, oh, that's
going to be their excuse. Oh well, we finally got
our hands on that deposition, and that fundamentally changed things.
We realized then that jess Daley was, you know, a
(12:10):
lot closer to Epstein than we knew before, and that's
the same tired ass nonsense that we've heard time and
time again. And I don't know about all of you,
but I've had my fill. The Virgin Islands lawsuit alleges
that JP Morgan violated the Trafficking Victims Protection Act, the
(12:31):
first comprehensive federal law to address trafficking in persons, the
Criminally Influenced and Corrupt Organizations Act, the Territory's analog of
federal anti racketeering law, violating the Bank Secrecy Act, and
consumer fraud. Judge Rakoff set down a brisk roadmap for
a trial the survivor's lawsuit against Deutsche Bank, which did
(12:55):
business with Epstein, after JP Morgan has been set for August.
JP Morgan Chase will face off against the Epstein survivors
and the Virgin Islands government at trial on October twenty third.
Ray Koff moved the latter trial date in light of
JP Morgan's lawsuit against Stay. So, as you can see,
(13:17):
things are continuing to heat up down in the Virgin Islands,
and I hope that they continue to escalate and we
continue to hear more about people like Jamie Diamond possibly
having to sit for a deposition because it's long beyond
time that all of these people who were facilitating this
(13:37):
nonsense financially were called out for the gigantic role that
they played in this ongoing abuse that lasted literally decades.
All Right, folks, that's gonna do it for this one.
All of the information that goes with the episode can
be found in the description box. What's up everyone, and
(13:58):
welcome back to the program. So Jamie Diamond, in his deposition,
had the audacity to say that he had no idea
who Jeffrey Epstein was before his arrest. And we're not
talking about the first arrest. We're talking about the second arrest.
Have you heard anything as ludicrous as that in the
(14:19):
last oh, I don't know, fourteen centuries? And he was
asked these questions while he was under oath, and now
Jess Daley he's going to sit down for a deposition
on June tenth and he's going to be asked the
same questions. So somebody has to be lying, right, And
if they lie under oath, isn't that a criminal penalty?
Shouldn't one of them get charged with perjury if they're
(14:41):
caught lying? Now I doubt they will, but boy, wouldn't
it be nice for some equal justice that they always
talk about, you know, whenever they're running their fat yapps
about the protection of this, the protection of that, and
equal justice for all. Well, how about some equal justice
for those at the very top of the levers of power,
(15:03):
Because if you or I even lie to an FBI agent,
we can get in big trouble for that. But these
guys can sit down for depositions, tell absolutely different stories,
and nobody's gonna end up in any kind of criminal
jeopardy because under normal circumstances, that's the penalty for telling
lies when you sit down for a deposition. And in
(15:24):
this episode, that's what we're going to talk about a
little bit more, the Jamie Diamond deposition and some of
the things that he said during that deposition. This article
was published by The Guardian headline. JP Morgan CEO. Jamie
Diamond says that he never heard of Epstein before the arrest.
(15:45):
Oh yeah, nobody ever heard of them before the arrest.
Jamie Diamond, Mister, I never watched the news. Huh. The
head of the biggest bank in the United States of America,
one of the richest, most powerful men in the country,
had no idea about one of the biggest clients at
your bank and the fact that he was a sexual predator.
That's what you want us to believe. And just like
(16:07):
everybody else before him, he makes pretend he has amnesia
whenever this topic is brought up. Oh, I don't recall.
I'm not too sure. I don't remember that conversation, you know,
all of that stuff, never anything definitive, right, very sly
with his words, and a man that was prepared to
sit for this deposition. I'm sure he sat down with
(16:29):
the JP Morgan Chase lawyers way in advance of this
and had a preparation session where they peppered him with
all kinds of questions in preparation for this. So Jamie
Diamond certainly had his narrative tightened up and ready to go.
And if it was only Jamie Diamond giving this deposition,
then I'd say that he's home free. But there's a
(16:50):
little wrinkle here, and that wrinkle is Jess Daily giving
us a completely different story about not only what JP
Morgan was to Jeffrey Epstein, but the fact that Jamie
Diamond also knew about Jeffrey Epstein and Epstein's behavior. So
both narratives can't be true, and that means one of
them is going to be lying under oath. This article
(17:13):
was authored by Edward Hellmore. JP Morgan's CEO, Jamie Diamond,
has said in a court deposition that he did not
recall ever hearing about convicted sex trafficker Jeffrey Epstein or
his sexual abuse crimes against teenage girls until the financier
Pedophile was arrested in twenty nineteen, countering claims that the
(17:36):
bank ignored signs of malfeasance, including Epstein's large monthly cash withdrawals.
So how do you account for the emails? How does
Jamie Diamond account for all of those emails that were
getting fired back and forth between the executives. Oh everybody knew,
but you huh. The whole entire company went rogue. This
(17:57):
guy's an absolute joke. And the more I hear for
Jamie Diamond, the more I dislike him. Just another smug
scumbag that never takes self responsibility for anything. In transcripts
of the deposition obtained by the Guardian, Diamond was asked
if he had ever heard the name Jeffrey Epstein before
the arrest. Diamond responded not that I recall, listen to
(18:20):
the words he uses, not that I recall. How do
you challenge that he's being evasive, But you can't prove
that he's lying one way or the other unless you
have the receipts to back it up. And so far
we haven't seen any emails with Jamie Diamond's direct name
on them, but we do have the direct account from
Jess Daily, and I'm guessing there are other people that
(18:43):
were working for the company at the time that have
some knowledge of what was going down, so hopefully the
investigators are talking to them as well. He said. The
first time that he heard about Epstein was when the
story blew wide open. He was arrested and all the
stories came out about all the people he knows. And
the reason I remember that is I was surprised that
(19:06):
I didn't know about it before. So let me get
this straight. The head of the biggest bank in America,
who was doing business with this man, who was under
all kinds of investigation, went to jail, went to prison,
got out, and was notorious for what he did. You
mean to tell me that that guy, Jamie Diamond, had
(19:26):
no idea what was going on? Where does he live
in a cave in Afghanistan under the rule of the Taliban.
And the frustrating part is, how do you prove that
wrong again? Unless you have the receipts or eyewitnesses coming
forward and saying they were having conversations with him about
Jeffrey Epstein, then it's very difficult to prove what somebody
(19:48):
remembers or they don't remember. The testimony given during a
deposition recorded last week in New York as part of
the claim by Epstein victims and by the US Version
Islands that JP Morgan is financially liable for Epstein's abuse
of girls and women because it continued to do business
(20:08):
with them for at least six years after he was
first charged with sex crimes in Florida. And not just that.
It wasn't that they were just his bank, you know,
his local branch. They were intimately involved with the guy
going to his house, dunking their nuts in his jacuzzi,
having some quote unquote white wine. You know, all of that,
(20:29):
and these fools over at JP Morgan might be using
some revisionist history, but let's not forget who Jess Staley
was working for when all of this was happening. If
you go and do something stupid while you're working for
a company, you're gonna know about it. But Jess Staley, well,
he can go have sleepovers at a sex offender's house
and his boss, Jamie Diamond, has no idea what's going on.
(20:52):
JP Morgan denies these claims and has sued Jess Staley,
a former senior executive at the bank and later Barclay's CEO,
saying he hid Epstein's crimes to keep Epstein as a client.
JP Morgan has also filed a counterclaim against the US
Virgin Islands government, claiming that the sex trafficker maintained a
(21:12):
quid pro quo relationship with some of the territories highest
officials over two decades. Those aren't claims, that's fact. That's
all documented fact, and the US Virgin Islands has done
ungats about it. But somehow they're packing away one hundred
and five million dollars. How much money that is? How
(21:33):
many lives could have that changed amongst these survivors. How
about that money going to people who were actually abused
by Jeffrey Epstein. I know, novel idea, but wouldn't that
be nice? So when you add up the fact that
the US government already took the lion's share of the
fund because of you know, taxes, and then you add
(21:55):
on top of it the little bit of sprinkle action
here that the US Virgin Islands government got on top
of it, and like usual, guess who's walking away with
a fat ass pocket. That's right, folks, uncle Sam. And
the grossest part about that for me is not only
the government of the US Virgin Islands, but the negligence
shown by the US government itself. So that money that
(22:18):
they took in taxes, enjoy it while it lasts, because
I'm guessing that eventually there's going to be a lawsuit
against the FBI, the same way there was with Larry Nasser,
and once that happens, we're looking at another easy five
hundred million dollar payout. So that's another thing that the
American taxpayer is going to be on the hook for
because of the incompetence that we see in these agencies.
(22:42):
Those claims center on Cecil DeJong, wife of former US
Virgin Islands Governor John DeJong, who JP Morgan says facilitated
Epstein's abuse of women and girls by helping them influence
local politicians dodge the territories sex offender law, and the
work and visas for his victims. Imagine that must be
(23:04):
nice to be the man. Huh, show up down there
in the US Virgin Islands, throwing your money around, even
though you're a sex predator. No big deal as long
as you're going to stuff someone's pocket with a few bucks.
In the four hundred and sixteen page deposition, Diamond said
that an email from Epstein's office that suggested he was
(23:25):
scheduled to meet with Epstein and Staley at Epstein's townhouse
was inaccurate. I have never had an appointment with Jeff Epstein.
I've never met Jeff Epstein. I never knew Jeff Epstein.
I never went to Epstein's house. I never had a
meal with them. I have no idea what they're referring
to here, Diamond said. I don't think Jeff ever arranged
(23:46):
for me to meet with anybody, to my knowledge. He added,
I don't think, to my knowledge, always giving himself away
to weasel out. And this is what happens when you're
coached up and your lawyers sit down with you and
they start earning that tooth thousand dollars an hour that
JP Morgan Chase is paying them, But Diamond said he
regretted that the bank, now the world's largest in terms
(24:08):
of assets, had continued to do business with Epstein after
he pleaded guilty to the crime he pleaded guilty to.
He we unfortunately continued to bank with them, yes, Diamond said.
According to the deposition, Diamond painted a picture in which
senior executives at the bank had not discussed one of
the bank's most problematic clients, and suggested that responsibility for
(24:32):
exiting Epstein lay with the bank's general counsel, Steve Cutler.
Cutler had warned in a twenty eleven email that Epstein
is not an honorable person in any way. He should
not be a client. JP Morgan's asset management chief Mary
Erdos said in an earlier deposition that she had only
met Epstein twice, the second of those was to dismiss
(24:56):
him after Staley had left the bank. Diamond also said
he thought Cutler and Urdos were trying to do the
right thing. Oh, yeah, of course they were. Everyone was
doing the right thing, but Jess Staley. He was the
one bad apple in the bunch. The rest of us
over here at JP Morgan, Well, you know, we're all
great people and we'd never ever do business with undesirable
(25:18):
pieces of shit. I mean, the financial sector historically has
never done that, right, right. Staley's deposition has not been
taken by plaintiffs in the case, but could come as
soon as next week. He has claimed in legal papers
that he spoke with Diamond about keeping Epstein as a client.
So this is where it's gonna get messy for all
(25:40):
these parties involved. They're going to have to figure out
who's lying here. Is Jess Staley telling the truth? Is
Jamie Diamond fabricating history so that JP Morgan comes out
of this looking bad but not absolutely terrible, Probably a
little bit of both. But I have a hard time
believing that Jess Staley and Jamie Diamond never sat down
(26:02):
for a conversation about one of their biggest clients and
the guy with a checkered past. You would think that
that would be something that Diamond would be interested in.
Diamond was asked that if he had known in twenty
ten that Epstein was a sex trafficker and clients of
the bank withdrawing large amounts of cash each month between
nineteen ninety eight and twenty thirteen, would he, in general
(26:25):
counsel have acted to drop Epstein. I think everyone involved,
had they known then what is known today, including me,
would have taken that position. He said, Well, jess Daley knew,
and who else knew? How many of these other bankers
thought it was funny? What they never sat around and
talked about what they did over at Jeffy's house. Give
(26:45):
me a break already. In one exchange, Diamond was asked
if he knew about a transfer of funds from Epstein's
account to Glenn Maxwell, who also banked with JP Morgan,
and those funds were used to purchase a helicopter to
transport girls to his private island. Diamond responded, I didn't
know then, and I don't really know now. Of course
(27:07):
you don't. I don't know anything. Richest man in the world,
most powerful man in banking, but he doesn't know shit.
In response to Diamond's deposition, Brad Edwards, lawyer for the
unnamed victim or Jane Doe in the USVII suit, said
it had become clear that Epstein could not have run
his sex trafficking operation without the help of JP Morgan. Conveniently,
(27:30):
each banker, points a finger at the other claiming the
hot potato was someone else's fault. Regardless how unbelievable the
finger pointing or a purported lack of knowledge is. Responsibility
rests with the bank one hundred percent. At the end
of the day, all of these people were employed by
the bank, so the bank holds responsibility for what went on.
(27:51):
Doesn't seem like it's that difficult, But when you're dealing
with people like JP Morgan, Jamie Diamond, Jess Staley and
the bags of money that they're throwing around, everything becomes difficult.
All the waters get muddy, So all you can do
is continue to swim through those muddy waters looking for clarity.
And that's what we'll continue to do each and every
(28:14):
day here on the podcast. All Right, folks, that's gonna
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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