Epstein: Deutsche Bank to pay $75m over sex-trafficking lawsuit
Sexual Misconduct,Deutsche Bank,Jeffrey Epstein,Corruption
Deutsche Bank has agreed to pay $75m (Β£60m) to settle a lawsuit that claimed the lender had enabled Jeffrey Epstein's alleged sex trafficking ring.
The case was filed by an unnamed woman who alleged that the banking giant continued to do business with Epstein, despite knowing that his accounts were used to facilitate the abuses.
She also claimed that she was abused by Epstein and trafficked to his friends.
Deutsche Bank declined to comment on the case when approached by the BBC.
The woman, who is listed anonymously as "Jane Doe" in court papers, filed the class-action lawsuit in New York last November on behalf of herself and other women who had allegedly been abused by the late American financier.
She said Deutsche Bank "chose profit over following the law" as it knew it would "earn millions of dollars from facilitating Epstein's sex trafficking".
The woman also alleged that she was sexually abused by Epstein and trafficked to his friends for around 15 years, while receiving cash payments for her sexual acts.
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