Bank of America Agrees to Pay $72.5 Million to Settle Epstein Lawsuit

[mahatmakanejeeves]

Source: The Wall Street Journal.

Markets & Finance * Banking

Bank of America Agrees to Pay $72.5 Million to Settle Epstein Lawsuit

Leon Black used Bank of America while paying Epstein $170 million, according to the lawsuit

By Gina Heeb

March 27, 2026 7:58 pm ET


Kevin Serna for WSJ

Bank of America agreed to pay $72.5 million to settle a lawsuit that alleged the bank kept ties to people close to Jeffrey Epstein and failed to flag suspicious payments between the convicted sex offender and his associates and victims.

The proposed class-action lawsuit was filed last year on behalf of a woman who said she was sexually abused and trafficked by Epstein between 2011 and 2019, as well as on behalf of other victims.

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Read more: https://www.wsj.com/finance/banking/bank-of-america-agrees-to-pay-72-5-million-to-settle-epstein-lawsuit-e8ed82e2?mod=mhp

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March 16:

Bank of America settles lawsuit from Jeffrey Epstein accusers, scuttling Leon Black deposition
https://www.democraticunderground.com/10143633530

[FakeNoose]

1. This is all about Leon Black, and keeping stuff out of the news

https://en.wikipedia.org/wiki/Leon_Black

Epstein laundered Black's money for a few years ... while several banks looked the other way.

In July 2025, Senator Ron Wyden, who sits on the Senate Finance Committee, called on the Internal Revenue Service to investigate potential tax evasion performed by Epstein for Black. Wyden accused the IRS of failing to properly audit "at least $158 million in payments that Black made to Epstein between 2012 and 2017 for complex tax-related transactions." Wyden urged the Justice Department to subpoena Epstein-related records from Bank of America, JPMorgan Chase, and Deutsche Bank AG in regards to his financial relationship with Black.