BofA settles for $72.5 million. Third giant in the Epstein case! Swipe β
JPMorgan $290M + Deutsche Bank $75M + BofA $72.5M = $437.5 million total.
Bank generated 14 internal suspicious activity reports. None led to action.
Estimated transfers to offshore havens linked to Epstein over 11 years.
Judge Jed Rakoff reviews deal. Victims from 2008-2019 can claim compensation.
$72.5M = 0.27% of BofA annual profit. Like fining a billionaire $73.
No executives jailed. No licenses suspended. Just checks.