Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Wednesday, 10 September 2025
Democracy Now! Jeffrey Epstein & JPMorgan: How the Largest US Bank Enabled the Sexual Predator's Crimes
Sep 9, 2025 | Amid growing pressure for the Trump administration to release the full Jeffrey Epstein files, a New York Times investigation reveals how the country's largest bank, JPMorgan Chase, enabled Epstein's sex-trafficking operation and profited from its ties to him. The exposé is based on more than 13,000 pages of legal and financial records. The Times reports JPMorgan processed more than 4,700 transactions for Epstein totaling more than $1.1 billion, including payments to some of the women who were sexually trafficked. The bank "arranged for Epstein to be able to pay those victims, both in the U.S. and in Eastern European countries and in Russia," says David Enrich, deputy investigations editor for The New York Times. Epstein "operated in large part because he had unfettered access to the global financial system. And for many years, it was JPMorgan that was providing him with that access."
