{"id":185211,"date":"2026-04-04T06:18:07","date_gmt":"2026-04-04T06:18:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/185211\/"},"modified":"2026-04-04T06:18:07","modified_gmt":"2026-04-04T06:18:07","slug":"bank-of-america-settles-with-epstein-victims-for-72-5m","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/185211\/","title":{"rendered":"Bank of America Settles with Epstein Victims for $72.5M"},"content":{"rendered":"<p class=\"submission-link-wrapper\"><a href=\"https:\/\/forms.nationaltoday.com\/news?location=New+York%2C+NY&amp;city=New+York&amp;type=Update+Existing+Story&amp;headline=Bank+of+America+Settles+with+Epstein+Victims+for+%2472.5M&amp;page=https%3A%2F%2Fnationaltoday.com%2Fus%2Fny%2Fnew-york%2Fnews%2F2026%2F04%2F04%2Fbank-of-america-settles-with-epstein-victims-for-72-5m%2F\" class=\"submission-link\" target=\"_blank\" rel=\"nofollow noopener\">Got story updates? Submit your updates here. \u203a<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/04\/69d0a80dbf472.jpg\" alt=\"An extreme close-up photograph of a crumpled, torn financial document, lit by a harsh, direct camera flash against a pitch-black background, conceptually representing the investigation into the financial institutions that enabled Epstein's crimes.\" width=\"1344\" height=\"768\" class=\"news-image\"\/>The $72.5 million settlement with Bank of America aims to provide compensation for the victims of Jeffrey Epstein&#8217;s sex trafficking crimes.NYC Today<\/p>\n<p>A $72.5 million settlement fund has been established as part of a deal between Bank of America and lawyers representing up to 75 women who were sexually abused by the late financier Jeffrey Epstein since 2008. The settlement, which received preliminary approval from a U.S. District Judge, aims to ensure that no victim is left out.<\/p>\n<p>      Why it matters<\/p>\n<p>The settlement represents a significant step in providing compensation and justice for Epstein&#8217;s victims, many of whom have struggled to receive adequate restitution. It also highlights the ongoing efforts to hold financial institutions accountable for their potential role in enabling Epstein&#8217;s criminal activities.<\/p>\n<p>            The details<\/p>\n<p>The $72.5 million settlement fund was established as part of an agreement between Bank of America and the lawyers representing the Epstein victims. The deal received preliminary approval from U.S. District Judge Jed S. Rakoff, who emphasized the importance of ensuring that &#8220;nobody is left out&#8221; of the compensation process.<\/p>\n<p>      The settlement was reached in April 2026.<\/p>\n<p>        The players<\/p>\n<p>        Bank of America<\/p>\n<p>A major American multinational investment bank and financial services company.<\/p>\n<p>Jeffrey Epstein<\/p>\n<p>The late American financier who was convicted of sex trafficking and sexually abusing numerous underage girls.<\/p>\n<p>Jed S. Rakoff<\/p>\n<p>A U.S. District Judge who gave preliminary approval to the settlement.<\/p>\n<p><a href=\"https:\/\/forms.nationaltoday.com\/news?location=New+York%2C+NY&amp;city=New+York&amp;type=Upload+Story+Photos&amp;headline=Bank+of+America+Settles+with+Epstein+Victims+for+%2472.5M&amp;page=https%3A%2F%2Fnationaltoday.com%2Fus%2Fny%2Fnew-york%2Fnews%2F2026%2F04%2F04%2Fbank-of-america-settles-with-epstein-victims-for-72-5m%2F\" class=\"submission-link\" target=\"_blank\" rel=\"nofollow noopener\">Got photos? Submit your photos here. \u203a<\/a><br \/>\n            What they\u2019re saying<\/p>\n<p class=\"news-quote-quote\">\u201cNobody is left out.\u201d<\/p>\n<p class=\"news-quote-cite\">\u2014 Jed S. Rakoff, U.S. District Judge<\/p>\n<p>        The takeaway<\/p>\n<p>This settlement represents an important step in providing justice and compensation for the victims of Jeffrey Epstein&#8217;s horrific crimes, while also holding financial institutions accountable for their potential role in enabling his activities.<\/p>\n","protected":false},"excerpt":{"rendered":"Got story updates? Submit your updates here. \u203a The $72.5 million settlement with Bank of America aims to&hellip;\n","protected":false},"author":2,"featured_media":185212,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[9,56,63,65,64],"class_list":{"0":"post-185211","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york-city","8":"tag-new-york","9":"tag-ny","10":"tag-nyc","11":"tag-nyc-headlines","12":"tag-nyc-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/185211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=185211"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/185211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/185212"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=185211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=185211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=185211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}