Kathryn Ruemmler, former White House Counsel, has found herself entangled in a shocking revelation of her connection to sex predator Jeffrey Epstein. According to a recent court filing, Epstein played a role in establishing a client relationship between Ruemmler and JPMorgan Chase in February 2019, just months before his arrest on federal child sex trafficking charges. It was Epstein’s personal assistant who vouched for Ruemmler as an ideal customer to JPMorgan. Despite JPMorgan severing ties with Epstein years prior due to red flags and internal controls, they warmly embraced the idea of taking Ruemmler on as a client. Sadly, Epstein’s death occurred mere months after these events took place.
Ruemmler, who currently serves as the general counsel for Goldman Sachs, has declined to comment on this matter. The court filing that revealed her connection to Epstein was submitted by the government of the U.S. Virgin Islands, which is suing JPMorgan for enabling and benefiting from Epstein’s sex trafficking activities. The Virgin Islands is seeking a minimum of $190 million in damages from the bank. JPMorgan denies any wrongdoing and claims that the Virgin Islands government itself was complicit in Epstein’s crimes.
In addition to Ruemmler, the court filing also exposed Epstein’s involvement in referring Nicholas Ribis, a gaming advisor who ran casinos for former President Donald Trump, as a potential client to JPMorgan. The deposition of JPMorgan’s former executive, Jes Staley, revealed more high-powered names, including Google co-founder Sergey Brin, Sultan Ahmed bin Sulayem of Dubai, former Microsoft CEO Bill Gates, former Treasury Department Secretary Larry Summers, and television journalist Katie Couric, who were introduced to JPMorgan through Epstein.
The case against JPMorgan and its ties to Epstein is set to go to trial in late October. The revelations in this court filing shed further light on the deep connections Epstein had within the financial industry and the potential enabling that took place. It remains to be seen how this legal battle will unfold and what its implications will be for both JPMorgan and those involved in Epstein’s web of influence.
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