Bank of America to pay out $72.5m over Epstein lawsuit
The settlement comes after a lawsuit accused the bank of facilitating Epstein's sex trafficking operation
The settlement comes after a lawsuit accused the bank of facilitating Epstein's sex trafficking operation Grouped from 5 articles across 5 sources.
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The settlement comes after a lawsuit accused the bank of facilitating Epstein's sex trafficking operation
The Bank of America has agreed to pay $US72.5 million ($105.3 million) to settle a civil lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, court records show.
A court hearing is scheduled for April 2 to consider approving the deal.
A lawsuit claimed the bank ignored red flags tied to convicted pedophile Jeffrey Epstein's sex trafficking operations. The bank denied wrongdoing but agreed to settle.
The settlement by Bank of America comes nearly three years after JPMorgan Chase and Deutsche Bank settled similar lawsuits by victims of Jeffrey Epstein.
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