Epstein victim accuses Bank of America of helping move money for sex-trafficking scheme

An anonymous victim of Jeffrey Epstein filed lawsuits against Bank of America and BNY Mellon, accusing both institutions of knowingly facilitating and profiting from the late financier’s sex-trafficking network. The cases were filed in Manhattan federal court under the pseudonym Jane Doe and seek class-action status and damages.

Source Financial Times

According to the complaint, BoA allegedly helped Epstein and his accountant process payments through accounts opened in 2013, some of which were used to bribe officials and transfer money to women connected to the trafficking scheme. The BNY case claims the bank processed over $378 million in suspicious transactions linked to Epstein’s activities.

The lawsuits follow similar actions that resulted in settlements from JPMorgan ($290 million) and Deutsche Bank ($75 million). Both banks are accused of failing to flag suspicious transactions and of turning a blind eye to evidence of criminal conduct. Legal experts say these cases could expose deeper systemic failures in Wall Street’s compliance and oversight mechanisms.