Deutsche Bank to Shell Out $75M to Epstein Sex-Trafficking Victims

Closing Bell

Deutsche Bank to Shell Out $75M to Epstein Sex Trafficking Victims

Deutsche Bank is going to pay 75 million to victims of the late financier and sexual predator, Jeffrey Epstein payment is to settle a federal lawsuit that claimed the German Bank should have seen evidence of Epstein's wrongdoing given he was a client, a woman identified as Jane Doe sued the bank claiming it had knowingly benefited from Epstein's sex trafficking and chose profit over following the law. The lawsuit became a class action suit involving multiple women and one of the law firms representing women in the case said the settlement would help dozens of Epstein survivors firms said it believed the settlement is the biggest sex trafficking settlement with a bank in us. History. And JP Morgan Chase also faces a similar class action lawsuit over its relationship with Epstein. The bank arguing it's not liable for the financier sex trafficking.