1 00:00:00,240 --> 00:00:03,200 Speaker 1: What's up, everyone, and welcome to another episode of the 2 00:00:03,240 --> 00:00:07,240 Epstein Chronicles. About a month ago, we were talking about 3 00:00:07,280 --> 00:00:10,880 a lawsuit that was brought by some survivors of Jeffrey 4 00:00:10,919 --> 00:00:14,679 Epstein against Bank of America. And when we were having 5 00:00:14,679 --> 00:00:18,039 that conversation, I told you that the likeliest scenario would 6 00:00:18,079 --> 00:00:21,559 be that the bank settles with these survivors, And according 7 00:00:21,600 --> 00:00:25,239 to the new reporting coming out, that's exactly what happened. 8 00:00:26,039 --> 00:00:28,280 And the amount that they agreed to settle on is 9 00:00:28,399 --> 00:00:31,600 seventy two and a half million dollars. And while that's 10 00:00:31,640 --> 00:00:34,119 certainly a lot of money, it's just a drop in 11 00:00:34,159 --> 00:00:38,719 the bucket for a Bank of America means nothing to them. 12 00:00:38,880 --> 00:00:40,840 And what I find the most interesting about all of 13 00:00:40,840 --> 00:00:44,399 that is the fact that Leon Black himself paid sixty 14 00:00:44,439 --> 00:00:47,399 two and a half million, ten million less to wiggle 15 00:00:47,399 --> 00:00:50,679 off the hook down in the USVII. So if the 16 00:00:50,719 --> 00:00:53,600 bank's paying seventy two and a half million and Leon 17 00:00:53,679 --> 00:00:56,439 Black himself is paying sixty two and a half million, 18 00:00:57,119 --> 00:00:58,960 what does that tell you about the shit they had 19 00:00:59,159 --> 00:01:04,319 on Leon Black? Can you imagine the damning information that 20 00:01:04,359 --> 00:01:07,040 the USVII had on Leon Black to get that dude 21 00:01:07,040 --> 00:01:09,879 to settle for sixty two and a half million. I mean, 22 00:01:09,920 --> 00:01:12,439 you're not paying sixty two and a half million if 23 00:01:12,439 --> 00:01:14,480 they don't have the goods on you, right, you're not 24 00:01:14,519 --> 00:01:16,799 just gonna pony up that dough. Oh yeah, I had 25 00:01:16,799 --> 00:01:18,680 nothing to do with any of this, But how about 26 00:01:18,680 --> 00:01:21,040 I piece you guys off a cool sixty two and 27 00:01:21,120 --> 00:01:23,400 a half million and then you flip up here at 28 00:01:23,400 --> 00:01:26,000 a Bank of America and the whole last bank is 29 00:01:26,040 --> 00:01:28,200 only on the hook for seventy two and a half million. 30 00:01:29,079 --> 00:01:31,920 So it really puts things into perspective as far as 31 00:01:31,920 --> 00:01:35,640 what Leon Black was probably up to down in the USVII. 32 00:01:37,040 --> 00:01:41,079 And today we have an article from CNBC talking about 33 00:01:41,200 --> 00:01:45,599 the Bank of America settlement headline Epstein victims to get 34 00:01:45,640 --> 00:01:48,480 seventy two and a half million from Bank of America settlement. 35 00:01:48,760 --> 00:01:55,599 This article was authored by Dan Mangen. Bank of America 36 00:01:55,680 --> 00:01:58,799 has agreed to pay the victims of notorious sex offender 37 00:01:58,879 --> 00:02:02,040 Jeffrey Epstein seventy two and a half million dollars to 38 00:02:02,079 --> 00:02:06,159 settle a class action lawsuit alleging that the bank facilitated 39 00:02:06,159 --> 00:02:09,439 his sex trafficking operation. A New York federal court filing 40 00:02:09,680 --> 00:02:12,479 showed Friday evening and this is how it always shakes 41 00:02:12,479 --> 00:02:15,520 out for the financial sector. They pay a couple of fines, 42 00:02:15,759 --> 00:02:18,000 nobody goes to prison, and they just move on to 43 00:02:18,080 --> 00:02:21,560 the next disaster. Because there's nowhere in the world where 44 00:02:21,639 --> 00:02:25,240 shit's going south that doesn't include the financial sector in 45 00:02:25,280 --> 00:02:29,360 some degree. Whether it's war, whether it's poverty, whatever it 46 00:02:29,439 --> 00:02:35,479 might be, the financial center is dick deep. The settlement 47 00:02:35,680 --> 00:02:38,919 in which Boa did not admit wrongdoing is the fourth 48 00:02:38,919 --> 00:02:42,520 settlement by a major bank of legal claims by Epstein 49 00:02:42,639 --> 00:02:46,759 victims or a government entity alleging that they effectively abetted 50 00:02:47,000 --> 00:02:50,879 his trafficking while he was a customer. I thought it 51 00:02:50,919 --> 00:02:53,840 was all a big hoax, though. Has anyone ever heard 52 00:02:53,879 --> 00:02:55,919 of banks paying out this kind of money for a hoax? 53 00:02:56,360 --> 00:02:58,520 And if so, I need to get in on a hoax. 54 00:02:59,520 --> 00:03:01,639 Two and a half millions seems like a nice payday 55 00:03:01,680 --> 00:03:05,360 to me. But we all know it's not a hoax, right, 56 00:03:05,479 --> 00:03:07,560 The bank doesn't pay this kind of money out if 57 00:03:07,560 --> 00:03:10,639 it's a hoax. JP Morgan goes to the mattresses. Bank 58 00:03:10,680 --> 00:03:14,800 of America goes to the mattresses. They're not doling out 59 00:03:14,840 --> 00:03:19,599 money like your grandpa. In fact, they're doing everything they 60 00:03:19,639 --> 00:03:23,840 can to claw money back. So when they're paying out 61 00:03:23,840 --> 00:03:26,479 a settlement like this, you know that there's real exposure, 62 00:03:26,800 --> 00:03:31,000 especially when it moves this quickly. We didn't even discuss 63 00:03:31,039 --> 00:03:35,039 discovery right now. They might have did some preliminary sharing 64 00:03:35,080 --> 00:03:38,039 of information, and I'm sure they had a conference where 65 00:03:38,080 --> 00:03:41,560 the survivor's lawyers laid out all of the evidence, and 66 00:03:41,639 --> 00:03:44,159 once Bank of America's lawyers took a look, their next 67 00:03:44,199 --> 00:03:47,319 stop was directly to the executive offices to tell the 68 00:03:47,400 --> 00:03:51,879 executives it's time to settle. It's the same thing with Brettler, right, 69 00:03:52,879 --> 00:03:56,520 Prince Andrew goes to Andrew Brettler, the lawyer. Bretler takes 70 00:03:56,560 --> 00:03:59,400 one look at the case, and a couple days later 71 00:04:00,039 --> 00:04:02,400 we have a settlement. And it's the same pattern that 72 00:04:02,400 --> 00:04:06,280 we've seen time and time again with Jeffrey Epstein. And 73 00:04:06,319 --> 00:04:08,479 it's because people do not want to go to discovery. 74 00:04:08,639 --> 00:04:11,319 When you're not on the right side of truth. The 75 00:04:11,400 --> 00:04:13,639 last thing you want to do is have some pitbull 76 00:04:13,680 --> 00:04:17,759 lass lawyer grilling you. Under oath, the settlement with Boa 77 00:04:18,160 --> 00:04:21,519 must be approved by US District Court in Manhattan Judge 78 00:04:21,759 --> 00:04:26,519 Jed Raykoff. Such approval is typically granted and Judge Raykoff 79 00:04:26,639 --> 00:04:29,519 is pretty liberal with this sort of thing, so I 80 00:04:29,519 --> 00:04:33,120 don't see there being an issue with Judge Raykoff stopping this. 81 00:04:34,319 --> 00:04:36,000 He seems like the kind of guy that wants to 82 00:04:36,000 --> 00:04:38,160 get things moving and if both sides can come to 83 00:04:38,240 --> 00:04:40,319 an agreement, not really the kind of guy that's going 84 00:04:40,399 --> 00:04:44,879 to step in and try and screw things up. The 85 00:04:44,920 --> 00:04:47,759 settlement would pay all women who are sexually abused or 86 00:04:47,800 --> 00:04:51,120 trafficked by Jeffrey Epstein or by any person who is 87 00:04:51,160 --> 00:04:55,560 connected to or otherwise associated with Jeffrey Epstein or any 88 00:04:55,600 --> 00:04:59,600 Jeffrey Epstein sex trafficking venture between June thirtieth, two thousand 89 00:04:59,600 --> 00:05:04,879 and eight July sixth, twenty nineteen inclusive. According to the filing, 90 00:05:05,879 --> 00:05:11,920 good PC's women off some more money. They deserve it back. 91 00:05:11,959 --> 00:05:14,639 That brings truck up. If anybody is getting money, it 92 00:05:14,680 --> 00:05:18,199 should be them. Nobody else should be benefiting or profiting 93 00:05:18,240 --> 00:05:21,120 off of their suffering. They're the ones that went through 94 00:05:21,120 --> 00:05:23,639 the bullshit, They're the ones that were abused. There are 95 00:05:23,639 --> 00:05:25,800 the ones that have to live with this. Pay them. 96 00:05:28,120 --> 00:05:30,360 Lawyers in the case are aware that there are at 97 00:05:30,480 --> 00:05:33,600 least sixty women who were victimized by Epstein between those 98 00:05:33,720 --> 00:05:37,720 dates the filing said. A Bank of America spokesman in 99 00:05:37,759 --> 00:05:40,519 a statement said, while we stand by our prior statements 100 00:05:40,519 --> 00:05:43,079 made in the filings in the case, including that Bank 101 00:05:43,120 --> 00:05:47,319 of America did not facilitate sex trafficking crimes, this resolution 102 00:05:47,759 --> 00:05:50,800 allows us to put the matter behind us and provides 103 00:05:50,839 --> 00:05:54,560 further closure for the plaintiffs. Oh it's all about the plaintiffs, 104 00:05:54,639 --> 00:05:58,680 is it. Translation? We were cooked, and if we went 105 00:05:58,759 --> 00:06:02,079 to trial, we'd be even more cooked. Can you imagine 106 00:06:02,079 --> 00:06:05,639 the stuff coming out during discovery? Oh? Yeah, Bank of 107 00:06:05,639 --> 00:06:09,560 America knew that Jeffrey Epstein was molesting and trafficking women 108 00:06:09,600 --> 00:06:12,240 and girls, and they just went on their merry way. 109 00:06:13,000 --> 00:06:16,000 I'm sure people will love that. I'm sure the stock 110 00:06:16,040 --> 00:06:19,800 price won't absolutely tank over that. Of course, they're going 111 00:06:19,879 --> 00:06:25,399 to settle. CNBC has requested comment from the two law 112 00:06:25,439 --> 00:06:28,319 firms that represented the victims in the suit filed in 113 00:06:28,319 --> 00:06:32,639 October of twenty twenty five, Boys Schiller Flexner and Edwards 114 00:06:32,639 --> 00:06:35,399 and Henderson. And of course those are the lawyers that 115 00:06:35,439 --> 00:06:39,600 have been dealing with a lot of these Epstein related issues. Now. 116 00:06:39,639 --> 00:06:42,120 Of course they aren't the only lawyers, but there are 117 00:06:42,160 --> 00:06:45,120 some of the most prominent lawyers dealing with these issues. 118 00:06:46,319 --> 00:06:49,399 JP Morgan Chase in June twenty twenty three agreed to 119 00:06:49,399 --> 00:06:52,399 pay victims of Epstein two hundred and ninety million to 120 00:06:52,439 --> 00:06:56,240 settle a similar lawsuit. The settlement came a month after 121 00:06:56,480 --> 00:07:00,759 Deutsche Bank agreed to pay victims seventy five million. Now, 122 00:07:00,800 --> 00:07:03,680 the reason the JP Morgan suit was so much more 123 00:07:04,319 --> 00:07:07,199 is because of the intimate relationship that Jeffrey Epstein had 124 00:07:07,319 --> 00:07:10,439 with JP Morgan and with people like jess Day, And 125 00:07:10,560 --> 00:07:13,199 due to the nature of those relationships and how deep 126 00:07:13,199 --> 00:07:16,040 they were and how close they were. JP Morgan was 127 00:07:16,079 --> 00:07:18,759 on the line for more money and they should have been. 128 00:07:19,319 --> 00:07:22,240 And as far as Deutsche Bank goes, they already knew 129 00:07:23,199 --> 00:07:26,199 certainly not their first rodeo when it comes to issues 130 00:07:26,279 --> 00:07:31,879 with regulators. JP Morgan in August twenty twenty three separately 131 00:07:31,920 --> 00:07:34,680 agreed to pay the government of the US Virgin Islands 132 00:07:34,800 --> 00:07:38,639 seventy five million. A legend the bank facilitated and benefited 133 00:07:38,639 --> 00:07:42,120 from the sex trafficking of young women by Epstein, who 134 00:07:42,120 --> 00:07:46,480 owned a private island in the USVII, which is absolutely 135 00:07:46,519 --> 00:07:51,240 crazy considering the USVII was involved. How many officials from 136 00:07:51,279 --> 00:07:54,199 the USVII that were elected at the time, were helping 137 00:07:54,279 --> 00:07:58,959 Jeffrey Epstein, five six of them, and were talking about 138 00:07:59,040 --> 00:08:02,800 big wigs. We're talking about the governor, we're talking about 139 00:08:03,000 --> 00:08:08,240 Stacey Plaskett, We're talking about high end lawyers. And never 140 00:08:08,240 --> 00:08:10,560 mind the fact that Jeffrey Epstein was showing up and 141 00:08:10,639 --> 00:08:13,480 handing out turkeys and shit and computers to the police 142 00:08:13,519 --> 00:08:18,079 department down there. No wonder, nobody saw anything, No wonder 143 00:08:18,120 --> 00:08:21,160 nobody ever stepped in. Everybody was wet in their beak 144 00:08:22,759 --> 00:08:25,759 like b away. JP Morgan did not admit wrongdoing in 145 00:08:25,800 --> 00:08:30,000 the settlements. Of the settlements alone admit wrongdoing. In my opinion, 146 00:08:30,439 --> 00:08:32,120 if you have the goods, you'd fight it, you have 147 00:08:32,200 --> 00:08:34,799 the money, you have the lawyers, fight it, and if 148 00:08:34,840 --> 00:08:40,879 you don't, I'm gonna believe that you're guilty. Deutsche Bank, however, 149 00:08:41,000 --> 00:08:43,679 at the time of its settlement, said we acknowledge our 150 00:08:43,799 --> 00:08:47,399 error on boarding Epstein in twenty thirteen and the weaknesses 151 00:08:47,519 --> 00:08:50,600 in our processes, and have learned from our mistakes and 152 00:08:50,639 --> 00:08:54,799 our shortcomings. Yeah, until the next time, until we find 153 00:08:54,840 --> 00:08:58,759 out that insert dictator or scumbag was moving money through 154 00:08:58,799 --> 00:09:03,240 Deutsche Bank. Those three prior lawsuits, like the current one, 155 00:09:03,279 --> 00:09:07,480 against Boa were filed in Manhattan Federal Court. The lead 156 00:09:07,519 --> 00:09:11,120 plaintiff in the Bank of America case, who filed under 157 00:09:11,159 --> 00:09:13,960 the pseudonym Jane Doe, is a native of Russia who 158 00:09:13,960 --> 00:09:17,360 met Epstein in twenty eleven. I'm telling you there's going 159 00:09:17,399 --> 00:09:20,120 to be a lot more of this while people are 160 00:09:20,200 --> 00:09:22,720 leading you down rabbit holes about nonsense. When it comes 161 00:09:22,759 --> 00:09:27,120 to Jeffrey Epstein, the real story is hidden over in Russia, 162 00:09:27,279 --> 00:09:29,960 it's hidden down in Brazil, it's hidden in South America 163 00:09:30,320 --> 00:09:35,799 and Eastern Europe. That's where the story is now. And 164 00:09:35,919 --> 00:09:38,639 these women who were abused by them, if they start 165 00:09:38,639 --> 00:09:41,960 coming forward, it's going to add a whole different angle 166 00:09:42,240 --> 00:09:48,759 when it comes to investigation. The complaint against Boa said 167 00:09:48,799 --> 00:09:53,000 that from the year through twenty nineteen, Epstein's sexually abused 168 00:09:53,039 --> 00:09:56,639 Jane Doe on at least one hundred occasions, including but 169 00:09:56,720 --> 00:10:00,200 not limited to, forcibly touching her, forcibly raping her, and 170 00:10:00,320 --> 00:10:03,639 forcing her to engage in sexual acts with other women 171 00:10:03,960 --> 00:10:08,399 for his own depraved sexual gratification. The suit says that 172 00:10:08,440 --> 00:10:11,159 in May of twenty thirteen, Jane Doe opened a bank 173 00:10:11,159 --> 00:10:14,519 account at Bank of America at the direction of Epstein's 174 00:10:14,519 --> 00:10:17,799 account and Richard Kahan and an immigration attorney as part 175 00:10:17,840 --> 00:10:21,759 of a plan to defraud immigration officials. Well, well, well, 176 00:10:23,360 --> 00:10:25,960 what have I been telling you for years now about 177 00:10:25,960 --> 00:10:30,840 the immigration fraud? And nobody's been interested to look at it. 178 00:10:30,919 --> 00:10:34,879 Nobody's diving deep. None of your preferred congressmen or women 179 00:10:35,039 --> 00:10:37,879 have anything to say about it. Huh. I wonder why 180 00:10:38,080 --> 00:10:39,759 could it be that they don't care about the real 181 00:10:39,799 --> 00:10:42,120 story and that they're just trying to string you along. 182 00:10:42,879 --> 00:10:46,320 Sure seems that way to me. And as far as 183 00:10:46,399 --> 00:10:49,519 Richard khn goes, guy's an obvious liar who perjured himself. 184 00:10:50,399 --> 00:10:52,440 Anything going to happen to him? Or are we just 185 00:10:52,480 --> 00:10:57,120 going to ignore it? The lawsuit said that a recent 186 00:10:57,159 --> 00:11:01,360 investigation in Debstein's crimes has revealed that billionaire Wall Street 187 00:11:01,399 --> 00:11:05,799 financier Leon Black paid Epstein, including one hundred and seventy million, 188 00:11:06,000 --> 00:11:09,440 for purported tax and state planning advice from his Bank 189 00:11:09,440 --> 00:11:14,600 of America account. Nobody had anything to say about it. Huh. Now, 190 00:11:14,639 --> 00:11:16,279 I dare you to go and try and take out 191 00:11:16,600 --> 00:11:19,399 seventy five hundred bucks from the bank right now and 192 00:11:19,519 --> 00:11:22,320 see the song and dance that you get. Why do 193 00:11:22,360 --> 00:11:24,080 you need it? What are you doing with that money? 194 00:11:24,120 --> 00:11:27,879 Et cetera, et cetera. Meanwhile, these comebags, well, they can 195 00:11:27,919 --> 00:11:33,919 do whatever they want. Black in twenty twenty three agreed 196 00:11:33,919 --> 00:11:35,879 to pay the US Virgin Islands sixty two and a 197 00:11:35,919 --> 00:11:39,399 half million, and in return, the government released him from 198 00:11:39,440 --> 00:11:43,000 any potential legal claims related to Ebstein. It was a shakedown. 199 00:11:43,679 --> 00:11:46,960 The USVII government was shaking people down. And as much 200 00:11:47,000 --> 00:11:49,840 as I hate Leon Black, and I do hate them, 201 00:11:50,120 --> 00:11:52,840 there's no doubt that he was shaken down by the government. 202 00:11:53,879 --> 00:11:56,720 And if I was him, i'd be pissed. But the 203 00:11:56,799 --> 00:11:59,240 problem is he can't be pissed right because he knows 204 00:11:59,279 --> 00:12:04,159 he's guilty. So for him it was a good escape patch. 205 00:12:04,360 --> 00:12:07,360 But let's not act like the USVII government. Here are 206 00:12:07,399 --> 00:12:11,720 the good guys. They're not, they never have been. At 207 00:12:11,759 --> 00:12:14,320 the heart of the amended complaint, lead plaintiff alleges that 208 00:12:14,399 --> 00:12:18,720 Jeffrey Epstein's sex trafficking venture was facilitated and enabled by 209 00:12:18,799 --> 00:12:22,960 Bank of America, helping Epstein avoid regulators scrutiny and providing 210 00:12:22,960 --> 00:12:27,879 Epstein withdrawal and wire services. Also, defendant could profit from 211 00:12:27,919 --> 00:12:31,279 Epstein and his associates. The filing about the settlement says 212 00:12:31,440 --> 00:12:34,759 lead plaintiff for the alleges that defendant's assistance to Epstein's 213 00:12:34,759 --> 00:12:39,080 sex trafficking enterprise prevented the authorities from discovering his illegal 214 00:12:39,120 --> 00:12:43,039 scheme and increased the size and scale of Epstein's access 215 00:12:43,080 --> 00:12:46,679 to and control of victims, causing damage to members of 216 00:12:46,720 --> 00:12:50,519 the class. The filing said the bank has expressly denied 217 00:12:50,799 --> 00:12:55,840 and continues to deny, that it participated in or otherwise assisted, supported, 218 00:12:56,080 --> 00:12:59,639 or facilitated the Epstein sex trafficking venture in any way 219 00:13:00,120 --> 00:13:04,480 engaged in obstruction. Epstein, sixty six, killed himself in a 220 00:13:04,519 --> 00:13:08,799 federal jail in Manhattan, allegedly in August of twenty nineteen, 221 00:13:09,039 --> 00:13:13,399 weeks after being arrested on child sex trafficking charges. He 222 00:13:13,440 --> 00:13:17,080 previously had pleaded guilty to soliciting an underage girl for 223 00:13:17,159 --> 00:13:20,600 prostitution in Florida State Court in two thousand and eight 224 00:13:20,840 --> 00:13:23,879 and ended up serving thirteen months in jail. If you 225 00:13:23,919 --> 00:13:26,720 want to call it that thirteen months in jail, you 226 00:13:26,799 --> 00:13:28,720 mean the stockade where he got to go home, Right, 227 00:13:28,960 --> 00:13:31,879 that's what you're talking about. And look, as far as 228 00:13:31,919 --> 00:13:35,200 the settlement goes, nothing surprising here as far as I'm concerned, 229 00:13:35,320 --> 00:13:38,480 besides maybe the fact that it happened so quickly. But 230 00:13:38,519 --> 00:13:41,399 I guess when you're cooked, you just got to settle, right. 231 00:13:42,000 --> 00:13:44,320 Bank of America knew that fighting it was not in 232 00:13:44,360 --> 00:13:47,559 her best interest, so they came to the table and 233 00:13:47,600 --> 00:13:50,279 they settled up. And I expect to see more of 234 00:13:50,279 --> 00:13:54,440 this as we move forward. All Right, folks, that's gonna 235 00:13:54,480 --> 00:13:57,360 do it for this one. All the information that goes 236 00:13:57,399 --> 00:14:00,879 with this episode can be found in description box.