JPMorgan Chase CEO Jamie Dimon is scheduled to be ousted this month in lawsuits involving former bank client and convicted sex offender Jeffrey Epstein, a JPMorgan Chase spokesperson confirmed to NBC News.

The US Virgin Islands and a woman identified as «Jane Doe 1» sued JPMorgan Chase last year, accusing the Wall Street giant of turning a «blind eye» to Epstein’s conduct and allowing the company to traffic Epstein’s sex. Both lawsuits seek monetary damages.

JPMorgan Chase has denied responsibility.

In a recent amended lawsuit, the US Virgin Islands alleged that the financial institution continued to do business with Epstein, despite executives being made aware of multiple allegations of sexual abuse and trafficking against the convicted sex offender.

«JPMorgan’s relationship with Epstein in allowing his sex trafficking business to access large sums of cash each year went far beyond a normal (and legal) banking relationship,» the complaint read.

JPMorgan Chase executive Mary Erdoes «admitted in her statement that JPMorgan knew in 2006 that Epstein was accused of paying cash to drive girls and young women home,» according to the document.

In 2006, the financial institution’s rapid response team noted that Epstein «‘routinely’ made cash withdrawals in amounts of $40,000 to $80,000 several times a month,» the complaint says. Withdrawals totaled more than $750,000 per year, according to the lawsuit.

Epstein’s conduct was «so well known» at the financial institution that executives «joked about Epstein’s interest in girls,» citing a 2008 email Erdoes received asking if Epstein was at an event with Miley Cyrus, according to the report. complaint.

JPMorgan Chase did business with Epstein until 2013. In 2008, Epstein was convicted of procuring a child for prostitution. He died in 2019 by suicide at a Manhattan correctional facility where he was being held on federal sex trafficking charges.

In 2010, the financial institution’s risk management division flagged new allegations against Epstein.

“See below for new allegations from an investigation related to child trafficking: are you still comfortable with this client who is now a registered sex offender,” according to an internal email included in the complaint.

The US Virgin Islands said in court documents that “JPMorgan facilitated and concealed electronic and cash transactions that raised suspicions of a criminal enterprise whose currency was the sexual servitude of dozens of women and girls on and beyond Virgin. islands.”

“Human trafficking was the core business of the accounts Epstein maintained at JP Morgan,” the lawsuit said.

In March, a federal judge in New York ruled that the lawsuits against the bank could go forward and partially denied the bank’s motion to dismiss the lawsuits.