The Wall Street firms that held ties to Jeffrey Epstein to the end

Copyright © HT Digital Streams Limit all rights reserved. Khadeeja Safdar, The Wall Street Journal 6 min Read 01 Oct 2025, 18:30 Ist Jeffrey Epstein never kicked out of Wall Street’s VIP club. Summary of TD Bank to Honeycomb Partners, the wealthy sex offender is linked to various hedge funds and banks. Epstein’s banking and investment activities in the years before his death of 2019 were more widespread than previously known, including accounts at various banks, as well as large transactions with well-known hedge funds, according to documents revised by the Wall Street Journal and people familiar with the case. Epstein’s estate has transferred a list of more than 20 banks to the congress that held accounts for Epstein and entities related to him, according to people who are familiar with the matter. According to some people, the home supervisory committee is expected to sue banks for their records. According to the people, Epstein or Epstein-related entities had accounts with several of the banks, including Wells Fargo, TD Bank and Firstbank Puerto Rico. JPMorgan Chase said it closed Epstein’s accounts in 2013, and Deutsche Bank said it cut him off in 2018. JPMorgan and Deutsche Bank have so far been the only banks investigated by regulators – and sued by victims – about their ties to Epstein. The documents reviewed by the magazine show that in the years before he died, Epstein moved at least $ 60 million to Honeycomb Partners, an investment fund; $ 13.5 million received from a hedge fund run by Paul Tudor Jones; and sold the private company shares worth $ 15 million to Crypto investor blockchain Capital. Epstein pleaded guilty in Florida in 2008 on charges of recruiting prostitution and the acquisition of minors to enter into prostitution, under an agreement with prosecutors. His activities put the concern about compliance at JPMorgan, but he remained a valued client until 2013. Then he moved many of his accounts to Deutsche Bank. JPMorgan and Deutsche Bank said they regret their relationships with Epstein and that they resolved civil lawsuits brought by the victims of Epstein without admitting that they did wrong. Epstein had bank accounts related to a complex web of entities he used for his personal and business activities, including sending payments to women, managing his real estate and managing its financial advisory business. A spokeswoman for TD Bank said accounts held by the attorney and accountant of Epstein were closed and relationships terminated in 2019. ” A spokesman for the Firstbank Puerto Rico said Epstein is a legacy relationship obtained when the bank bought Chase Banking operations in the US virgin islands in 2002. To have a conviction of sex crime alone, someone would not necessarily disqualify a banking service. Banks use many factors to evaluate the legal and reputation risk to retain clients and must monitor suspicious activities, such as regular cash withdrawals. Hedge funds and BC firms have many lighter regulations than banks and do not usually have access to transaction activity. The documents reviewed by the magazine show that Epstein transferred at least $ 60 million to Honeycomb Partners between 2016 and 2019, including $ 20 million in March 2019. The firm is managed by David Fiszel, who was a star portfolio manager at Steve Cohen’s Point72 hedge fund before leaving in 2015. Fiszel and an attorney from Honeycomb did not respond to requests for comment. A spokeswoman for Tudor Investment said one of Epstein’s entities invested in his Tudor Futures Fund in 2001 and redeemed his investment in 2014. He said Jones, the billionaire investor, and senior Tudor staff did not know Epstein personally and had no direct communication or other matters with him. In 2013, Blockchain co-founded by Brock Pierce, a series of entrepreneur and chairman of the Bitcoin Foundation, to invest in Startups or Crypto signs. A Blockchain spokesman said three of his funds purchased in 2018 in private companies from Epstein, but he was not an investor in his funds. Pierce said he left the firm in 2017. The documents also show that between 2014 and 2017, Epstein transferred approximately $ 38 million in Boothbay funds and received approximately $ 10 million from one of them in January 2017. Boothbay was founded in 2011 and is run by investor Ari Glass. A spokesman for Boothbay said the fund had no relationship with Epstein above its limited partner interest and at his arrest in 2019 he subjected himself to a compulsory salvation. The documents also confirm some of Epstein’s transactions previously reported to well-known employees, including ten millions of dollars to transfers of private equity billionaire Leon Black, one of the financial customers of Epstein; More than $ 20 million invested by Epstein in Valar Ventures, a VC firm anchored by technical billionaire Peter Thiel; and $ 25 million received by Epstein from the Rothschild banking family. “Valar only met Epstein once-in 2014 at a time when he was a well-known advisor for world leaders, top universities and philanthropic organizations,” a spokeswoman said. “Valar hopes that the ultimate distribution of these investments can be used positively by helping victims move forward with their lives.” The New York Times previously reported on Epstein’s investment in Valar. Black said he paid Epstein for estate planning and tax advice, and in 2021 a law firm rented by the Apollo Global Management Board found that Black Paid Epstein was $ 158 million for work performed from 2012 to 2017. The Journal previously reported that Ariane de Rothschild negotiated a $ 25 million consultation contract with Epstein in 2015 to provide services to the bank. Speakers from Black and Rothschild declined to comment. The documents also reveal some payments to well -known Epstein workers who have not been reported before: Joi Ito: $ 1 million Epstein paid the former MIT Media Lab director in 2014 and 2015 and received nearly $ 500,000 in 2015, according to the documents. In April 2015, Epstein also sent $ 1 million to Neoteny 3, an investment fund erected that year. Ito resigned from its Mit role in 2019, apologized for his connection with Epstein, saying that he would return money that Epstein invested in his fund. ITO did not respond to requests for comment. Terje Rod-Larsen, shown in 2017 Terje Rod-Larsen: $ 250,000 Epstein transferred $ 250,000 to the Norwegian diplomat in December 2015, according to the documents. Rod-Larsen resigned from the International Peace Institute in 2020 after acknowledging that he received a $ 130,000 personal loan in 2013 from Epstein. An attorney from Rod-Larsen said he had no comment. Alan Dershowitz: $ 85,000 On March 21, 2016, Epstein paid $ 85,000 to Alan Dershowitz Consulting. The lawyer said it was an overdue payment of the representation of Epstein in the 2000s during his plea changes. “He thought it was a terrible deal, and he fired me,” the lawyer said. From 2003 to 2013, Epstein 46 paid law firms and litigation-related entities, and among those who paid the top was Dershowitz, who received $ 4 million during that period, was evident from the court documents. Dershowitz said he raised an hourly fee for his work on the 2008 plea agreement and that he was “Epstein’s longest serving advocate” on the matter. He said he used the amount partly to pay advocates, researchers, travel and other expenses over four years. “I think I earned about $ 3 million myself,” he said. Sultan Ahmed bin Sulayem: $ 6.200 On July 18, 2017, Dubai businessman Epstein paid $ 6.200, showed the documents, and a day later Epstein bin Sulayem paid the same amount. The long -standing chief executive of DP World, a ports operator, was to visit Epstein’s townhouse between 2011 and 2014, the Journal reports. Bin Sulayem and his spokesman did not respond to requests for comment. Larry Summers: $ 1,232,25 In November 2014, Epstein paid $ 1,232,25 to LH Summers Economic Consulting. A Summers spokesman said the payment is a travel compensation for a group meeting in New York. The former Treasury Secretary, who held more than a dozen meetings from 2013 to 2016, said in 2023 that he regretted his contact with Epstein after his conviction. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. More Topics #News Read Next Story