Lawsuits against banks with Epstein ties may shed new light on financier's crimes [View all]

Experts say claim banks enabled Epstein will be difficult to prove but other outcomes could provide solace to victims

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These lawsuits, filed by an anonymous plaintiff against Bank of America and the Bank of New York Mellon (BNY), allege that these financial powerhouses illicitly enabled Epstein’s sex trafficking. The suits are helmed by Sigrid S McCawley, of Boies Schiller Flexner, and Brad Edwards of Edwards Henderson, who have long represented Epstein victims.

“Epstein committed these crimes by means of not only his own extraordinary wealth and power, but through access to funding and financial support from both individuals and institutions, including BNY,” one lawsuit claims. “Egregiously, BNY had a plethora of information regarding Epstein’s sex trafficking operation but chose profit over protecting the victims.”

The Bank of America suit echoes these allegations, claiming the institution “knowingly provided the financial support and the veneer of institutional legitimacy for Epstein and his co-conspirators to fuel their international sex trafficking organization under the guise of non-criminal business activities”. The suit also said Bank of America neglected to file suspicious activity reports.

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“The lawsuits have the potential to reveal more information about the ongoing Epstein saga,” Faddis said. “Even though there have been sort of walls put up at every turn for folks seeking this information, when there’s a lawsuit, there’s a discovery process, and that discovery process often requires disclosure of information that was not previously public.”

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https://www.theguardian.com/us-news/2025/oct/27/jeffrey-epstein-lawsuit-us-banks