CEO at JPMorgan says he never heard of Jeffrey Epstein until after his 2019 arrest
NEW YORK » JPMorgan CEO Jamie Dimon has testified that he never heard of Jeffrey Epstein and his crimes against teenage girls and young women until the financier was arrested in 2019, according to a transcript of the videotaped deposition released Wednesday.
Dimon said he first heard about it “when the story blew wide open. He was arrested, and all the stories came out about all the people he knows. And the reason I remember that is I was surprised that I didn't know about it before.”
Asked by a lawyer if he'd ever heard the name Jeffrey Epstein before his arrest, Dimon responded, “Not that I recall.”
Dimon made the revelation during a videotaped deposition recorded last week in connection with lawsuits filed against the nation's largest bank.
The lawsuits on behalf of Epstein victims and the U.S. Virgin Islands in Manhattan federal court seek to hold JPMorgan financially liable for Epstein's decadeslong abuse of teenage girls and young women.
The bank, besides denying the allegations, has sued one of its former executives, saying the man hid Epstein's crimes to keep Epstein as a client.
Epstein was 66 when he apparently killed himself in a Manhattan federal jail cell where he was awaiting a federal sex trafficking trial after his application for bail was denied. He had pleaded not guilty to charges that he sexually abused dozens of girls, some as young as 14.
According to the lawsuits filed late last year, JPMorgan provided Epstein with large amounts of cash from 1998 through August 2013 even though it knew about his sex trafficking practices.
The 416-page deposition, portions of which were heavily redacted with entire pages blacked out, was released publicly through an agreement among lawyers in the cases.
Confronted at the deposition with an email from Epstein's former assistant suggesting that Dimon was scheduled to meet with Epstein as far back as 2010, the president and chairman of JPMorgan insisted it was untrue.
“I have never had an appointment with Jeff Epstein. I've never met Jeff Epstein. I never knew Jeff Epstein. I never went to Jeff Epstein's house. I never had a meal with Jeff Epstein. I have no idea what they're referring to here,” he said.
After the email from
Epstein's assistant asking whether “heavy snacks” or dinner should be prepared for the meeting, Epstein responded “snacks.”
As Dimon responded to being confronted with the email, a lawyer noted that Epstein did not respond by saying, “you're misinformed, Jamie Dimon is not coming.”
Dimon said, “I don't know what he thought at the time. He was obviously misinformed. I never — this never took place.”
“I don't think Jeff Epstein ever arranged for me to meet with anybody, to my knowledge,” he said.
At one point in the deposition, Dimon agreed that Epstein was a “disaster” and “terrible” for the bank.
Dimon