JPMorgan Flags Over $1 Billion Suspicious Epstein Transactions to US Authorities

In 2019, shortly after Jeffrey Epstein's death, JPMorgan Chase filed a Suspicious Activity Report (SAR) alerting the U.S. government to over 4,700 transactions totaling more than $1 billion linked to Epstein and potentially related to human trafficking. The report flagged transactions involving notable individuals such as Leon Black, Glenn Dubin, Alan Dershowitz, and trusts associated with Leslie Wexner, alongside wire transfers to Russian banks. It also noted Epstein's connections to two U.S. presidents, Donald Trump and Bill Clinton, raising significant political sensitivities. Despite these warnings, JPMorgan maintained a lengthy business relationship with Epstein, which has since drawn legal and political scrutiny. These revelations underscore persistent weaknesses in anti-money laundering controls at major banks and highlight the need for enhanced regulatory oversight and transparency. The unsealed court documents that revealed the report were made public following pressure from major news organizations, intensifying calls for stronger financial compliance measures.