The USVI’s Legal Standing
Epstein established his primary residence and key business entities (including Southern Trust Company) in the USVI — taking advantage of territorial tax incentives. This gave USVI authorities standing to pursue civil claims against his estate and enablers.
Lawsuit Against the Estate
The USVI AG alleged trafficking on USVI territory, civil liability for harm to USVI residents, and improper use of USVI tax incentive programs while committing crimes. The estate settled as part of broader distribution proceedings.
Lawsuit Against JPMorgan
Filed in 2022, the USVI complaint against JPMorgan alleged the bank knowingly processed suspicious transactions linked to trafficking through Southern Trust Company accounts despite internal red flags. JPMorgan settled in June 2023 for $290 million.
Impact
The USVI litigation established that jurisdictions where trafficking occurred can pursue civil claims against financial enablers — a potential model for future accountability cases.