Deutsche Bank to pay $75M to settle Jeffrey Epstein sex trafficking suit
By 
Aaron Nicodemus2023-05-18T21:00:00
Deutsche Bank agreed to pay $75 million to settle a class-action lawsuit filed by sexual assault victims of Jeffrey Epstein.
The bank was accused of keeping Epstein as a client for five years after discovering he was using money in his accounts to facilitate payments for a sex-trafficking ring, in which hundreds of young women were paid to have sex with Epstein and his friends.
A joint statement by law firms Edwards Pottinger and Boies Schiller Flexner, who represent Epstein’s victims, said the “groundbreaking settlement is the culmination of two law firms conducting more than a decade-long investigation to hold one of Epstein’s financial banking partners responsible for the role it played in facilitating his trafficking organization.”
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