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Deutsche Bank Agrees to Pay $75Mln to Settle Jeffrey Epstein Victims' Lawsuit - Reports

© AP Photo / Michael ProbstDeutsche Bank headquarters
Deutsche Bank headquarters - Sputnik International, 1920, 18.05.2023
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MOSCOW (Sputnik) - Deutsche Bank has agreed to pay $75 million to settle a collective lawsuit alleging that the financial institution assisted US financier Jeffrey Epstein's group in human trafficking for sexual exploitation, the American business news outlet reported, citing the lawyers of alleged victims.
In 2022, a woman, listed anonymously under the pseudonym Jane Doe, filed the collective lawsuit against Epstein in New York together with other victims, and accused Deutsche Bank of conducting business with the financier over five years, the report said.
In this July 15, 2019 courtroom artist's sketch, defendant Jeffrey Epstein, left, and his attorney Martin Weinberg listen during a bail hearing in federal court, in New York - Sputnik International, 1920, 12.05.2023
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The report also said that the bank was allegedly aware of Epstein's activities to further his sex-trafficking business using the bank's money.
Doe said she was sexually abused and trafficked to Epstein's friends from about 2003-2018 and was paid in cash for sex acts, while Deutsche Bank ignored suspicious payments to numerous young women, the newspaper reported. The settlement is expected to compensate dozens of Epstein's accusers, it added.
FILE - This March 28, 2017, file photo, provided by the New York State Sex Offender Registry, shows Jeffrey Epstein. British socialite Ghislaine Maxwell was arrested by the FBI on Thursday, July 2, 2020, on charges she helped procure underage sex partners for the financier - Sputnik International, 1920, 30.04.2023
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The bank had not admitted wrongdoing as part of the settlement, according to the report.
In July 2019, Epstein was charged with trafficking underage girls for sexual exploitation. The financier was later found dead in his jail cell with fatal neck injuries, purportedly a result of suicide.
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