Jeffrey Epstein's Victims to Receive $72.5 Million from Bank of America
Kyiv • UNN
The court approved a settlement agreement to compensate women for the bank's disregard of the financier's suspicious transactions. Up to 75 victims are eligible for compensation.
Up to 75 women who were sexually abused by Jeffrey Epstein after 2008 may receive compensation from a $72.5 million fund. This was stated by the victims' lawyers after a US federal court preliminarily approved a corresponding agreement with Bank of America. This is reported by AP, writes UNN.
Details
This refers to the settlement of a lawsuit in which the bank was accused of failing to react to Epstein's suspicious financial transactions during a period when, according to the investigation, he had been exploiting girls and women for years.
U.S. District Judge Jed Rakoff preliminarily approved the settlement and scheduled a final hearing for August 27. He also ordered lawyers to expand the list of publications to inform potential victims about the compensation fund.
No one will be left out
Lawyer David Boies noted that, according to the victims' side, between 60 and 75 women could apply for compensation. At the same time, he did not rule out that there might be other victims who have not yet been identified.
Bank of America stated that it does not admit to facilitating crimes related to human trafficking for sexual exploitation, but agreed to a settlement to close the case.
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