JPMorgan Chase & Co JPM, +0.67% allegedly handled more than $1.1 million in payments from Jeffrey Epstein after the time the bank has said it no longer had the sex offender as a client, CNBC reported Monday, citing a letter from attorney Linda Singer to New York federal Judge Jed Rakoff. The payments went to “girls or women” and many had Eastern European surnames, the report said, citing the letter. JPMorgan has said it cut ties with Epstein in 2013, but the letter would challenge that timeline. The bank has denied any wrongdoing and CNBC said that a spokeswoman for JPMorgan had no immediate comment on the letter. Shares of JPMorgan edged 0.2% higher in the extended session Monday after ending the regular trading day up 0.7%.
This article was originally published by Marketwatch.com. Read the original article here.
