Jeffrey Epstein referred Obama White Area suggest to JPMorgan

Kathy Ruemmler, former White Area Suggest, seems on “Meet the Press” in Washington, D.C., June 29, 2014.

William B. Plowman | NBCUniversal | Getty Pictures

Intercourse predator Jeffrey Epstein used to be occupied with foundation a consumer courting between Obama White Area suggest Kathryn Ruemmler and JPMorgan Chase in February 2019, 4 months prior to he used to be arrested on federal kid intercourse trafficking fees, a bombshell court submitting obvious Tuesday.

Ruemmler, who’s now basic suggest for Goldman Sachs, used to be touted through Epstein’s non-public colleague to JPMorgan as a super buyer, the submitting presentations.

The recommendation that JPMorgan remove Ruemmler on as a consumer — which the storage warmly embraced — got here virtually six years next JPMorgan mentioned it had successfully fired Epstein as a consumer next interior controls again and again raised crimson flags about him.

And it got here 5 months prior to Epstein killed himself in August 2019 in a Ny federal prison, the place he used to be being held with out bail pending trial.

Ruemmler declined to remark thru a Goldman Sachs spokesman.

CNBC one by one emailed her to invite how she knew Epstein, and what wisdom she had of his historical past of being convicted in 2008 of a intercourse crime in Florida.

The Ny federal courtroom submitting detailing her connection to Epstein used to be filed through the federal government of the U.S. Virgin Islands, which is suing JPMorgan.

The American length alleges that JPMorgan enabled and benefitted from Epstein’s intercourse trafficking of younger women to the Virgin Islands, the place he had a house, throughout the years he maintained accounts on the storage, from 1998 thru 2013., claiming the storage enabled and benefited from intercourse trafficking of younger women through Epstein.

JPMorgan denies any wrongdoing within the case, the place the length is looking for no less than $190 million in damages.

The storage extreme week affirmative to determine a alike lawsuit in the similar courtroom through an Epstein accuser, paying $290 million to her and alternative Epstein sufferers.

The case is scheduled to journey to trial in past due October.

“Even after his exit right up until his arrest in 2019, JPMorgan continued to work with Epstein,” the Virgin Islands mentioned in its submitting.

The submitting says that JPMorgan admits “Epstein was involved in the establishment of a customer relationship with Kathryn Ruemmler,” who used to be the longest-serving White Area basic suggest underneath former President Barack Obama

The submitting says that during February 2019, Epstein’s colleague Leslie Groff presented to introduce Mary Erdoes, a manage JPMorgan govt, to Ruemmler, as a result of she sought after to evident an account with JPMorgan and Epstein idea the 2 of them “would bond.”

“Erdoes escalated the referral to Stacey Friedman, JPMorgan’s General Counsel, who
responded ‘she is a rock star litigator at Latham. . . . I would think she would be a great client,’ ” the Virgin Island mentioned in its submitting.

Ruemmler on the month labored on the regulation company Latham & Watkins.

In 2020 she joined Goldman Sachs as a spouse, and now could be Goldman’s well-known prison officer and basic suggest. 

The submitting additionally mentioned that Epstein at one month referred as a possible JPMorgan shopper Nicholas Ribis, a gaming guide who for many years ran casinos for former President Donald Trump.

Ribis didn’t instantly reply to needs for remark.

JPMorgan claims in courtroom filings that the Virgin Islands used to be itself “complicit in the crimes of Jeffrey Epstein,” arguing that he gave high-ranking govt officers there cash, recommendation and favors in change for having a look the alternative manner when he trafficked younger girls.

JPMorgan additionally argues that its former govt Jes Staley, who used to be buddies with Epstein when he used to be a consumer of the storage, is answerable for any civil legal responsibility of the storage because of its industry courting with the intercourse culprit.

On Tuesday, newly unsealed courtroom filings through the storage display that Epstein used to be requested through former U.S. Virgin Islands Gov. John de Jongh Jr. for a mortgage of $215,000 next de Jongh used to be arrested on embezzlement fees that had been after brushed aside.

Epstein’s corporate additionally paid de Jongh’s spouse Cecile a $300,000 accumulation sum severance fee next Epstein killed himself in a federal prison date looking ahead to trial on kid intercourse trafficking fees in August 2019, JPMorgan’s paperwork say. Cecile had labored for Epstein at his Southern Believe Corporate.

The paperwork additionally say that any other Epstein worker who labored for him within the Virgin Islands used to be granted a U.S. Customs and Border Coverage safety seal, which allowed that assistant to “escort passengers through” Customs and Border screening disciplines.

The storage in alternative courtroom filings has mentioned that Epstein paid for the college tuitions of the kids of John and Cecile de Jongh, and that Cecile had made efforts to procure scholar visas and a piece license for younger ladies attached to Epstein.

A spokesman for the Virgin Islands’ Legal professional Basic’s Place of work advised CNBC that Epstein’s mortgage to former Gov. de Jongh passed off next he left workplace in 2015. The costs in opposition to de Jongh had been dropped in early 2016 through the Virgin Islands Section of Justice next he affirmative to a free financial agreement.

CNBC has reached out to remark from John de Jongh by way of an asset control corporate the place he’s a director.

The Virgin Islands spokesman additionally mentioned that “it was the federal government and not the Virgin Islands government that granted the ‘U.S. Customs and Border Protection Security Seal.’ “

The Virgin Islands has mentioned that JPMorgan’s management stored Epstein as a consumer for years in spite of more than one ultimatum about him being raised internally on the storage, which incorporated bills to younger girls, and a 2008 intercourse crime conviction in Florida which ended in a prison time period.

In its brandnew courtroom submitting on Tuesday, the Virgin Islands cited a July 2011 e-mail between Epstein and Erdoes, next JPMorgan’s fast reaction group determined that Epstein must be offboarded as a consumer, and next JPMorgan’s basic suggest advised Erdoes that Epstein used to be “not a person we should do business with — period.”

Erdoes and Epstein emailed next he and the storage affirmative to determine his lawsuit in opposition to JPMorgan alike to cash he mentioned he used to be owed through Endure Sterns, the funding storage taken over through JPMorgan.

“On July 26, 2011, Epstein wrote to Erdoes, ‘lets [sic] move on , [sic] and make some real money,’ ” the submitting mentioned.

“Erdoes responded, ‘Onwards and upwards, on so many fronts,’ ” the submitting mentioned.

Epstein used to be no longer severed as a JPMorgan shopper for any other two years.

The brandnew Virgin Islands submitting mentioned that Staley, in his deposition for the lawsuit, disclosed the names of community and firms that Epstein had referred to the storage as attainable purchasers. An unsealed portion of Staley’s deposition used to be made population Tuesday.

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A number of the high-powered names indexed within the courtroom submitting are Google co-founder Sergey Brin, the Sultan of Dubai, Sultan Ahmed bin Sulayem, former Microsoft CEO Invoice Gates, former Treasury Section Secretary Larry Summers, and tv journalist Katie Couric.

Staley, who have been head of the storage’s asset and wealth control section, testified that he met all the ones community at Epstein’s townhouse at the Higher East Aspect of Ny.

The deposition additionally presentations that Staley mentioned he had spoken to JPMorgan CEO Jamie Dimon in 2006 when Epstein used to be arrested on Florida order fees of purchasing a minor for prostitution, and solicitation of a prostitute.

JPMorgan has denied that declare. “Staley admits that in 2006 Jamie Dimon communicated with him regarding Epstein’s arrest,” the Virgin Islands mentioned within the courtroom submitting.

“Staley also testified that on or about July 26, 2006, he spoke to Dimon about Epstein’s indictment because Dimon was his boss and the indictment of Epstein, a client of the bank, ‘was a very public event.’ “

In different places within the deposition, Staley spoke back questions on going to look Epstein next a piece of writing used to be revealed in 2006 that mentioned, “Jeffrey Epstein craved big homes, elite friends – and, investigators say, underage girls.”

The thing additionally mentioned that two of “Epstein’s former employees told investigators that young looking girls showed up to perform massages two or three times a day when Epstein was in town.”

The Virgin Islands submitting mentioned, “On July 25, 2006, Staley met with Epstein in person at Epstein’s home. In that visit, Epstein admitted to the alleged “habits of enticing in intercourse for cash with younger girls”—only denying the ‘ages.’ “

Staley in a while wrote Erdoes.

“I went and saw him last night. I’ve never seen him so shaken. He also adamantly denies the ages,” Staley wrote Erdoes, the submitting notes.

In his deposition, Staley used to be requested: “The conduct that he was being accused of, he was admitting that he did it.  He was just denying that he knew the ages of the victims, right?”

Staley responded, “Correct.”

“And you were reporting that back to the bank, that what was being denied is the ages, right?,” a legal professional for the Virgin Islands requested.

Staley spoke back, “Right.”

He nearest conceded that the storage knew that Epstein had admitted to enticing in intercourse for cash with younger girls, date denying they had been underage.

The legal professional nearest requested, “And so when the bank is receiving that information, they now know what you know, which is, this is the type of conduct that our client is engaging in, and the only dispute that he has about the allegations are the ages of the victims, right?”

Staley responded, “That’s correct.”

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