My friend Jeffrey Robinson, the author of “The Laundrymen,” once said: “Dirty money is like water, it always seeks the course of least resistance.” It follows that money launderers and other criminals seek banks that ask few questions and will more warmly accommodate them and their dirty money. In the case of accused sex trafficker Jeffrey Epstein, his money may not have been dirty—but, in 2013, JPMorgan Chase determined he was and consequently exited their relationship with him.
At the time, Epstein was the subject of a number of allegations within mainstream media publications. In 2008, he was convicted of procuring an underage girl for prostitution. It was later alleged that he continued to pay underaged girls for sex. Notwithstanding all of this, Epstein was able to open accounts and initiate a new relationship with the accommodating Deutsche Bank.
