JEFFREY EPSTEIN AND COMPLIANCE MALPRACTICE AT JP MORGAN

We have all read that horrific story; how America's biggest bank facilitated our country's biggest sex trafficker's operations, in large part because a senior executive, who was allegedly personally involved in Epstein's criminal activities, chose to keep him on as a client for the benefit of the private banking division's bottom line, when compliance reported that his accounts should be closed forthwith. When huge suspicious cash withdrawals and wires to Eastern Europe raised alarming red flags, and when accounts were opened for people associated with him with zero due diligence.

While I fully understand that those compliance officers, guilty as sin for compliance Malpractice, wanted to keep their great high-saying jobs, they failed the system, as well as the underage victims, as Epstein was able to continue his evil operation, due to the bank's financial support.

If you are a compliance officer. and you experience anything similar to that which the JP Morgan compliance staff saw, you must immediately take advantage of the relationships that you should have created with Federal and state law enforcement at all those conferences and events that you attend each year, and very quickly but quietly pass that information on to an agency that can not only investigate, but charge, the money launderer or financial criminal or drug trafficker. Ignore your regulator contacts; they cannot take the offender out of circulation through indictment, and they might interpose objections.

If you feel you want to retain competent independent counsel for legal advice, by all means do so, but do not delay. Next, you start looking around, immediately, for another job, and leave your current position as soon as possible. If you stay at the bank where you learned of the crimes, you become part of the problem, not part of the solution. Please, do not wait until your bank client is indicted, and the story appears in the New York Times. Not only will you then have trouble finding a new compliance position, but you will never forget that you failed in your duty as gatekeeper.