Edited by: TJVNews.com

Newly disclosed emails have cast a spotlight on the close relationship between JPMorgan and Jeffrey Epstein, suggesting that the banking giant went to great lengths to cater to the disgraced financier’s needs while facilitating connections with lucrative clients, including Google and its co-founder Sergey Brin, as was reported by the New York Post.

The US Virgin Islands has filed court documents to support its claims that Epstein played a pivotal role as an “advisor” to Google and Brin, helping them manage their substantial portfolios, some of which were among the bank’s largest, according to the Post report. Brin’s portfolio was over $4 billion, the report added. The emails, dating back to 2006, shed light on how top bankers at JPMorgan worked to accommodate Epstein and enhance their dealings with high-profile clients.

One email from Mary Erdoes, who now serves as CEO of JPMorgan’s asset and wealth management division, urged colleagues to establish a team in New York to manage Epstein’s accounts, the report in the Post said. The email indicated that the decision was not related to the team’s capabilities but rather to accommodate Epstein’s presence as an “advisor to the partners.”

According to the Post report, another email from Ann Borowiec, then a managing director at JPMorgan, referenced a “big new business oppy” as she informed colleagues that a New York-based team had been picked “to work with Jeffrey Epstein (advisor) on business oppy associated with GRATS that are terminating for Google founders,” the filing showed.

Borowiec was seemingly referring to Grantor Retained Annuity Trusts, which JPMorgan describes on its site as “an efficient way to transfer wealth with little or no gift tax liability,” the Post report indicated.

Also that day, Borowiec emailed several other JPMorgan employees, informing them: “We are setting up a conference call. …It is to get the necessary background on the potential investment mgt opportunity associated with Jeffrey Epstein (advisor) to the trusts set up on behalf of the Google founder’s kids,” as was reported by the Post.

The Post report indicated that it’s unclear if Borowiec was referring to Brin, though banker Robert A. Keller wrote in a memo when Brin became a JPMorgan client: “We work very closely with the Sergey Brin family office … and communicate with them at least 1 x per day.”

The court documents also mention an email exchange involving JPMorgan’s current CEO, Jamie Dimon. The Post report said that Dimon, along with other executives and Epstein, worked together on the bank’s acquisition of investment management firm Highbridge. The emails suggest a collaboration between the parties, and Dimon’s response in a deposition implies that he had no dealings with Epstein until after his arrest in 2019, as was reported by the Post.

JPMorgan responded to the allegations, acknowledging that any association with Epstein was a mistake and expressed regret for it, according to the Post report. The bank asserted that it did not help Epstein commit his crimes and maintained that it would not have continued doing business with him if it had suspected ongoing criminal activities. Google and Brin have not yet provided comments on the matter.

Brin, a 49-year-old father-of-three, is now number 11 on the Forbes list with a net worth of a staggering f$104.2 billion.

The recent court filing is part of an ongoing legal battle between JPMorgan and the US Virgin Islands, with the territory seeking a settlement of at least $190 million, as was reported by the Post. The lawsuit claims that the bank profited from Epstein’s sex trafficking operation while turning a blind eye to his illicit actions. The details emerging from the court documents add another layer of complexity to the intricate relationship between the financial institution, Epstein, and influential clients.

JP Morgan responded to the lawsuit’s allegations, saying, “Rather than account for its own failures to investigate and monitor this criminal under its jurisdiction, USVI blames a bank that did not have USVI’s authority to enforce any law,” the Post report said.

“Any association with Epstein was a mistake and in hindsight we regret it, but we did not help him commit his heinous crimes,” a JPMorgan spokesperson added. “We would never have continued to do business with him if we believed he was engaged in an ongoing sex trafficking operation.”

The case continues to unfold, shedding light on the lengths to which some entities may have gone to cultivate and maintain relationships within the complex world of high finance and powerful personalities.