Deutsche Bank to pay $75 million settlement to Epstein Victims
Deutsche Bank will pay $75 million to settle litigation alleging the German lender financially benefited from supporting Jeffrey Epstein’s sex trafficking scheme, according to a report Wednesday. The settlement concerns an unnamed defendant who launched a proposed class-action suit in November 2022, alleging Deutsche Bank did business with Epstein while knowing he used funds in the account to support sex-trafficking activity, the Wall Street Journal said Wednesday. The Journal, citing people familiar with the matter, said Deutsche Bank did not admit wrongdoing. A Deutsche Bank spokesperson declined comment. Deutsche Bank benefited financially by supporting Epstein’s “sex trafficking organization to successfully…