Former investment banking chief Jes Staley is being sued by JPMorgan Chase after recent documents exposed the ex-banker of having ties with pedophile and sex trafficker, Jeffrey Epstein.

Staley faces two high-profile lawsuits by the U.S. bank for any potential penalties they may have to pay if they are found to have facilitated Jeffrey Epstein’s sex trafficking crimes.

Staley is already facing alleged lawsuits including “personally observed” instances where Epstein was abusing women, and multiple moments where Staley “spent time” with young girls at the financier’s homes. He apparently did not disclose these activities with JPMorgan Chase – for obvious reasons, I’m sure.

At the end of last year, the U.S. Virgin Islands and a group of alleged Epstein victims sued the bank, accusing them of facilitating the sex offender’s crimes. JPMorgan filed the suit on Wednesday, aiming to receive payments from Staley’s last eight years of pay – this amounts to more than $80 million.

JPMorgan kept Epstein as a client up until 2013 despite concerns of continuing the relationship after Epstein’s 2008 conviction on sex crimes. Lawyers for JPMorgan claim they remained in business due to Staley’s vouch from him, which ultimately violated their code of conduct.

The bank’s complaint insists that the underlying allegations are “misplaced and without merit.” However, they argue that if Stanley is found liable, then it is up to him to be held accountable and pay the respective damages.

Staley, 66 worked with JPMorgan for more than 30 years, up until 2013 – coincidentally the same year that the bank closed Epstein’s accounts and terminated all relationships with him.

The ex-banker then became the chief executive of Barclays for six years before resigning due to UK investigations on his and Epstein’s relationship.

“The plaintiffs have made troubling allegations concerning the conduct of our former employee Jes Staley, and if true he should be held responsible for his actions,” a JPMorgan spokeswoman said.

“We expect all of our employees at every level of the firm act with honesty and integrity,” she added. “If these allegations against Staley are true, he violated this duty by putting his own personal interests ahead of the company’s.”

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