Ex-Barclays boss Jes Staley faces NEW claims that he ‘personally observed’ Jeffrey Epstein abusing young women, according victim’s lawsuit filed against JP Morgan
- Jes Staley, 66, resigned as chief executive of Barclays in November 2021
- Came after bank said it was ‘disappointed’ with report into his links to Epstein
- He has now been named in a lawsuit filed by one of Epstein’s victims, Jane Doe 1
- She is suing JP Morgan, where Staley was chief executive up until 2013
The former boss of Barclays is facing new claims he ‘personally observed’ Jeffrey Epstein abusing young women, according to a victim’s lawsuit filed against JP Morgan.
Jes Staley, 66, resigned as chief executive of Barclays in November 2021 after the bank said it was ‘disappointed’ with the outcome of a report into his links to the convicted sex offender.
He has now been named in a lawsuit filed by one of Epstein’s victims, a woman known only as Jane Doe 1.
She is suing JP Morgan, where Staley was chief executive until 2013 and had Epstein as a client.
Jes Staley, 66, resigned as chief executive of Barclays in November 2021 after a report established links between him and Epstein
Staley was allegedly a ‘regular visitor’ of Epstein’s (pictured in New York in 2005) and ‘personally observed’ him abusing women
The lawsuit, filed at Manhattan federal court, alleges that Staley was aware of Epstein trafficking women and witnessed him abusing them, The Guardian reports.
The woman also claims Staley would often visit Epstein at his homes, which included ‘the massage room’ within his townhouse in New York, as well as his private island in the US Virgin Islands and a ‘victim stash house’ in Manhattan.
It says: ‘Staley … was a regular visitor of Epstein’s … and personally observed Jane Doe 1 as a sexual trafficking and abuse victim at times including through his departure from JP Morgan in 2013.
‘To be clear, during his years as a top executive at JP Morgan, Staley was not only one of Epstein’s closest pals, but more importantly, he was a frequent visitor at Epstein’s townhouse, including visiting the massage room; Staley met many of Epstein’s trafficking victims, including Jane Doe 1; Staley visited the Epstein-owned victim stash house apartments at [an address on the Upper East Side], and Staley personally observed the sexual abuse of young women, including Jane Doe 1.’
‘These actions were within the scope of Staley’s employment at JP Morgan.
‘As a result of Staley’s direct and actual knowledge of Epstein’s sex-trafficking venture, JP Morgan had direct and actual knowledge of Epstein’s sex-trafficking venture.’
Staley’s lawyers have previously denied he has any involvement in ‘any of the alleged crimes committed by Mr Epstein.
He has also previously said that his relationship with the convicted paedophile – who was also friends with Prince Andrew – ended in late 2015, and that he regretted his relationship with him.
JP Morgan has also urged the court to dismiss the lawsuit, acknowledging that Jane Doe 1 is ‘entitled to justice’, but adding that she had filed baseless claims against the ‘wrong party’.
It comes after a lawsuit filed by the US Virgin Islands last week alleged that thousands of emails had been sent between the two amid a ‘profound friendship,’
Staley had quit Barclays in November 2021 after the bank’s board said it was ‘disappointed’ with the outcome of a report into his links to convicted sex offender Epstein
Staley is also accused of exchanging ‘approximately 1,200 emails with Epstein’ from work account
Jes Staley (left) at Jeffrey Epstein’s mansion in New York in 2011. Pictured (from left): Mr Staley; former Treasury Secretary Lawrence Summers; Epstein; Bill Gates, Microsoft’s co-founder; and Boris Nikolic, who was the Bill and Melinda Gates Foundation’s science adviser
The filing was made in an an amended complaint by the US territory, which had previously sued JPMorgan over the bank’s ties to Epstein.
It said: ‘Between 2008 and 2012, Staley exchanged approximately 1,200 emails with Epstein from his JP Morgan email account,’ the amendment alleges.
During that time, the bank is alleged to have ‘serviced approximately 55 Epstein-related accounts collectively worth hundreds of millions of dollars’.
‘These communications show a close personal relationship and “profound” friendship between the two men and even suggest that Staley may have been involved in Epstein’s sex-trafficking operation’, the amendment added.
The US Virgin Islands’ suit also claims that Staley was allowed ‘to remain a decision-maker on Epstein’s accounts’ and even asked to discuss the historical, sordid sex trafficking and human trafficking allegations against him.
In addition, JPMorgan allegedly would make payments to ‘numerous women with Eastern European surnames who were publicly and internally identified as Epstein recruiters,’ including a $600,000 payment to one Jane Doe who the pedophile purchased when she was just 14 years old.
Staley was born in Boston in 1956. He is one of four children who moved frequently with their father, Paul, a plant manager for Procter & Gamble.
His father later became CEO of PQ Corporation, a chemicals business based outside Philadelphia, where Staley grew up.
After graduating with a degree in economics from Bowdoin College in Maine in 1979, he joined banking giants JPMorgan on a training program in New York.
Epstein (pictured with Ghislaine Maxwell) was found dead in a New York prison in August 2019 while awaiting trial
He later moved to Brazil to help set up its investment banking venture in South America, where he met his future wife Debbie – just days after arriving.
He returned to New York in 1989 and quickly shot up the ladder at JPMorgan. In 1990 he was asked by then-CEO Sandy Warner to manage the group’s private banking division.
In 2001, he was promoted to CEO of JPMorgan Asset Management and ran the division until 2009.
After 34 years with JPMorgan, he left for BlueMountain Capital Management, now Assured Investment Management, in 2013, before joining Barclays in 2015.
A wealthy financier, Epstein was found dead in a New York prison in August 2019 while awaiting trial on allegations that he trafficked girls as young as 14 for sex.
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