
For nearly two decades, Jeffrey Epstein moved more than a billion dollars through some of the biggest banks in America. He withdrew millions in unexplained cash. He wired money to women in Russia, Belarus, and Turkmenistan. He paid his convicted co-conspirator Ghislaine Maxwell more than $30 million. And at every step, the banks that processed these transactions either failed to notice or chose to look away.
That is the conclusion of a new investigative report from Senator Ron Wyden, the top Democrat on the Senate Finance Committee, released this week after a three-year investigation. The report, titled “Looking the Other Way: How Wall Street Banks Enabled Jeffrey Epstein’s Sex Trafficking,” lays out in granular detail how JPMorgan Chase, Deutsche Bank, and Bank of America processed Epstein’s money for years without reporting it to federal regulators as required by law. But the more damning story is what happened after Wyden’s staff started asking questions: the Trump Administration and Senate Republicans moving to shut the investigation down before it could go further.
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