New York (dpa)
Posted on: Thursday, May 18, 2023 – 7:09 PM | Last update: Thursday 18 May 2023 – 7:09 PM
US media reports revealed that German bank Deutsche Bank accepted to pay tens of millions of dollars to settle a class action lawsuit accusing the largest German bank of benefiting from supporting the operations of the late American billionaire Jeffrey Epstein in sex trafficking.
The American Wall Street Journal and other American media wrote today, Thursday, based on the plaintiffs’ lawyers, that the German bank had expressed its willingness to pay $75 million (69.5 million euros) for this purpose.
For his part, a spokesman for Deutsche Bank in America refused to comment on what was mentioned in these media reports, referring to a previous comment from the banking group on these accusations when the bank said in 2020: “It was a mistake to accept Jeffrey Epstein as a client in 2013.” The bank was He made the comment after the New York Financial Conduct Authority fined him the remaining $150 million for his dealings with Epstein and other violations of the rules.
The bank added that it had learned from the mistakes and added: “We deeply regret our relationship with Epstein.”
The bank announced in July of 2019 that it would conduct a careful review of its business relations with Epstein, and this announcement came as a response from the bank to a report by the Wall Street Journal, which stated that the bank helped Epstein over the years in managing millions of dollars across dozens of bank accounts.
The American prosecution accused Epstein of sex trafficking and abuse of underage girls, and the American billionaire died in his prison in New York in August of 2019 at the age of 66, and Epstein was sentenced to prison in Florida in 2008 for being convicted of prostitution with minors, but he spent only 13 months in prison. Imprisonment under a secret confession deal.
