Sergey Brin, co-founder of Google, is among three billionaires who were issued subpoenas this week in connection to JPMorgan’s alleged links to sex offender Jeffrey Epstein. The investigation, initiated by the US Virgin Islands, is examining claims that JP Morgan Chase and Co. neglected to address Epstein’s sex trafficking activities.
The subpoenas were also served to Thomas Pritzker, executive chairman of Hyatt Hotels, and Mort Zuckerman, a real estate investor.
Venture capitalist Michael Ovitz, previously an executive at Disney, has also been requested to provide information as well. The reason for investigators targeting these wealthy individuals remains unclear.
Per CNBC:
Google founder Sergey Brin, former Disney executive Michael Ovitz, Hyatt Hotels executive chairman Thomas Pritzker and a fourth billionaire, real estate investor Mort Zuckerman, will be subpoenaed in a lawsuit against JPMorgan Chase by the government of the U.S. Virgin Islands related to sex trafficking by Jeffrey Epstein.
The subpoenas were first reported Friday by The Wall Street Journal. A source familiar with the matter confirmed them to CNBC.
The subpoenas demand communications and documents related to the bank and Epstein, The Journal noted.
News of the subpoenas comes three days after it was reported that JPMorgan CEO Jamie Dimon will answer questions under oath in the lawsuit, which alleges that the bank ignored warning signs about Epstein for years and continued retaining him as a customer. Last week, the Virgin Islands in a press release noted that it “alleges JPMorgan Chase could have prevented harm and trauma faced by the survivors of Jeffrey Epstein’s heinous abuse.”
“But instead the bank chose to look the other way on these legal matters while continuing to use their banking relationship to grow their business with new clients introduced by Epstein,” the release said.