Jeffrey Epstein’s accountant of 22 years raised alarm bells at JPMorgan

Newly released documents reveal that Jeffrey Epstein’s personal accountant of more than two decades raised concerns about his financial activities during internal reviews at JPMorgan. The disclosures add fresh detail to how the bank assessed Epstein’s accounts in the years before ending its relationship with him.

According to the filings, the accountant flagged unusual patterns in transfers, withdrawals and account structures that appeared inconsistent with standard client activity. These alerts contributed to broader internal discussions at the bank as compliance teams evaluated whether Epstein’s accounts posed potential risk.

The concerns did not immediately lead to the closure of the accounts, reflecting how financial institutions often balance compliance reviews with client management decisions. The documents show that staff members debated how to handle the red flags, with some pushing for heightened scrutiny.

JPMorgan has faced extensive questions about its oversight practices during the period in which Epstein was a client. The new details reinforce earlier claims that internal teams were aware of potential issues but were divided over how aggressively to act. The bank has since stated that its controls have been significantly strengthened.

The accountant’s reports are now part of broader legal and regulatory inquiries examining how financial institutions monitored Epstein’s transactions. Investigators are reviewing whether banks followed proper procedures when concerns emerged and whether internal warnings were adequately escalated.

Legal analysts say the filing highlights gaps that once existed within large financial compliance systems. They note that institutions are expected to respond quickly when staff raise credible concerns, particularly when accounts show unusual or complex activity.

For JPMorgan, the latest disclosure adds pressure as it continues to cooperate with ongoing investigations and settlements related to its past ties with Epstein. The case remains a focal point in debates over financial oversight, risk controls and accountability within global banking.

As proceedings continue, more information is expected to surface about how internal decisions were made and why early warnings did not prompt swifter action. The findings are likely to influence future regulatory standards and bank compliance protocols across the sector.