The Digester
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Bank of America agrees to $72.5 million settlement in Epstein lawsuit

Bank of America reached a $72.5 million deal to resolve claims it aided Jeffrey Epstein's sex trafficking operation, denying wrongdoing while the settlement awaits judicial approval.

Mar 28th 2026 · United States

Insights

  • The New York federal lawsuit filed in October alleges Bank of America provided services that facilitated Jeffrey Epstein's sex trafficking and ignored red flags.
  • Bank of America made no admission of liability as part of the $72.5 million settlement, which must be approved by a judge.
  • A plaintiff identified as Jane Doe says Epstein coerced and abused her from 2011 to 2019 and paid her through a Bank of America account.
  • The complaint cites a $170 million payment from Leon Black to Epstein from a Bank of America account and describes Black as a critical witness.
  • The suit alleges the bank did not file suspicious activity reports until after Epstein's 2019 death; Epstein died by suicide while awaiting trial in federal custody.

Sources