“…After Epstein’s death in 2019, four banks cumulatively and retroactively flagged 5,000 suspicious wire transfers that moved approximately $1.5 billion in and out of Epstein’s accounts, many over a decade old.
That $1.5 billion in SARs represents a floor, not a ceiling—it captures only what banks eventually chose to flag and excludes potentially billions more in transactions that were processed but never reported as suspicious.
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JP Morgan has been the primary facilitator of Epstein’s international operations. Wyden’s investigation found 4725 wire transfers adding up to more than $1.1 billion in just one of Epstein’s accounts. From 2003 to 2019, the bank established accounts for young women who became victims. It routinely transferred large sums into and out of his accounts and even extended considerable loans.
JP Morgan was hardly alone. Bank of New York Mellon, $378 million in 270 wire transfers with no legitimate business purpose. Bank of America, $170 million.
Deutsche Bank, itself an ongoing criminal enterprise and long renowned as a laundromat for Russian oligarchs and Russian organized crime money, processed Epstein payments to Russian models, $800,000 in suspicious cash withdrawals, $7 million to resolve legal issues, and $2.6 million in payments to women covering tuition, rent, and living expenses.
The four banks failed to detect or prevent over a billion dollars of suspicious transactions. The banks materially failed to implement effective anti-money laundering (AML) and know-your-customer (KYC) controls in its wealth management division. Senior leadership in their private‑banking/wealth‑management arms repeatedly overrode or sidelined their compliance departments. Some partied with Epstein.
Bottom line: these banks for years were the indispensable financial partners of Epstein and his operation.
And then there are the three Russian banks that Wyden has flagged so far: Sberbank (Russia’s largest bank, state owned), Alfa Bank (Russia’s largest private bank owned by Oligarchs close to Putin) and a third unidentified bank…”