Wyden Expands Epstein Investigation with Probe of Hundreds of Suspicious Bank of New York Mellon Transactions
www.finance.senate.gov

... Epstein Moved Nearly $400 Million in and out of Accounts at Bank of New York Mellon through 270 Wire Transfers; the Bank Waited Years to Flag the Transactions with the Treasury Department

Washington, D.C. -- Senate Finance Committee Ranking Member Ron Wyden, D-Ore., expanded his investigation of the financing of Jeffrey Epstein's sex trafficking network today with a new probe of Epstein's client relationship with Bank of New York Mellon (BNY) and the hundreds of millions of dollars he moved in suspicious transactions through BNY accounts.

In a letter to BNY CEO Robin Vince, Senator Wyden stated that committee investigators had uncovered a 2019 filing in which the bank disclosed that Epstein had moved $378 million in and out of BNY accounts through 270 wire transfers, and that the bank had failed to identify a legitimate business purpose for any of those transactions. Senator Wyden's letter also noted that many of Epstein's wire transfers exhibited patterns and structuring indicative of money laundering, yet BNY failed to flag the transactions with the Treasury Department until 2019, more than a decade after the transactions were made -- a potential violation of the Bank Secrecy Act. ...