Bank of America agrees to $72.5M to settle Epstein case

March 28, 2026 - 19:51

Bank of America has agreed to pay $72.5 million to settle a lawsuit that accused the financial giant of playing a key role in Jeffrey Epstein’s sex-trafficking ring. The lawsuit, filed on behalf of an anonymous victim, alleged the bank turned a blind eye to Epstein’s suspicious financial activity for over a decade, thereby enabling his abuse.

The legal complaint argued that from 1998 through 2013, Bank of America provided essential banking services that allowed Epstein to fund and conceal his criminal enterprise. It stated the bank ignored numerous red flags, including large cash withdrawals routinely used to pay victims and associates. By continuing to service his accounts, the suit claimed, the institution facilitated the predation of young women and girls.

The settlement, which requires court approval, would resolve the claims against Bank of America. In agreeing to the payout, the bank has not admitted to any wrongdoing or liability. This settlement marks another chapter in the ongoing legal fallout from the Epstein scandal, highlighting the continued pressure on financial institutions to scrutinize client activity and prevent the facilitation of illicit operations through their services.