Business
Bank Pays $72.5M to Settle Lawsuit by Trafficking Victims
March 28, 2026
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Bank of America settles lawsuit with victims of Jeffrey Epstein's sex trafficking crimes, aiming to move past the controversial case.
In a major legal settlement, Bank of America has agreed to pay $72.5 million to resolve a lawsuit filed by victims of Jeffrey Epstein's sex trafficking crimes. The bank faced allegations that it failed to properly report suspicious activity related to Epstein's accounts, which enabled the disgraced financier's criminal enterprise to continue operating.
A bank spokesman stated that the settlement
Source: The New York Times
Banking and Financial Institutions
Sex Crimes
Black, Leon D
Women and Girls
Compensation for Damages (Law)
