JPMorgan settles over Epstein-related banking violations

JPMorgan Chase agreed to a $290 million settlement after evidence showed the bank processed payments to young women on behalf of Jeffrey Epstein for five years after his 2008 sex-offender conviction. Internal compliance officers had flagged Epstein's account repeatedly but senior executives kept the relationship. The settlement resolved a lawsuit by Epstein victims represented by lawyers in the U.S. Virgin Islands.