Bank of America is paying $72.5 million to settle a federal lawsuit accusing the bank of turning a blind eye to Jeffrey Epstein’s alleged sex-trafficking operations, a dramatic move that critics say is more about avoiding courtroom drama than admitting guilt.
The Manhattan federal lawsuit, filed under a pseudonym, alleges Bank of America continued providing accounts and processing transactions for Epstein and his associates despite “obvious red flags,” including massive transfers linked to billionaire Leon Black
Plaintiffs claim the bank failed to report suspicious activity that could have helped law enforcement intervene years earlier.
Bank of America insists the settlement does not constitute an admission of wrongdoing, framing the payout as a practical step to give victims closure and move past the legal battle.
https://nypost.com/2026/03/27/us-news/bank-of-america-to-pay-72-5-million-to-settle-epstein-lawsuit/