Bank of America Settles with Epstein Victims for $72.5M

Up to 75 women who were sexually abused by the late financier may benefit from the settlement fund.

Apr. 4, 2026 at 5:20am

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An extreme close-up photograph of a crumpled, torn financial document, lit by a harsh, direct camera flash against a pitch-black background, conceptually representing the investigation into the financial institutions that enabled Epstein's crimes.The $72.5 million settlement with Bank of America aims to provide compensation for the victims of Jeffrey Epstein's sex trafficking crimes.NYC Today

A $72.5 million settlement fund has been established as part of a deal between Bank of America and lawyers representing up to 75 women who were sexually abused by the late financier Jeffrey Epstein since 2008. The settlement, which received preliminary approval from a U.S. District Judge, aims to ensure that no victim is left out.

Why it matters

The settlement represents a significant step in providing compensation and justice for Epstein's victims, many of whom have struggled to receive adequate restitution. It also highlights the ongoing efforts to hold financial institutions accountable for their potential role in enabling Epstein's criminal activities.

The details

The $72.5 million settlement fund was established as part of an agreement between Bank of America and the lawyers representing the Epstein victims. The deal received preliminary approval from U.S. District Judge Jed S. Rakoff, who emphasized the importance of ensuring that "nobody is left out" of the compensation process.

  • The settlement was reached in April 2026.

The players

Bank of America

A major American multinational investment bank and financial services company.

Jeffrey Epstein

The late American financier who was convicted of sex trafficking and sexually abusing numerous underage girls.

Jed S. Rakoff

A U.S. District Judge who gave preliminary approval to the settlement.

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What they’re saying

“Nobody is left out.”

— Jed S. Rakoff, U.S. District Judge

The takeaway

This settlement represents an important step in providing justice and compensation for the victims of Jeffrey Epstein's horrific crimes, while also holding financial institutions accountable for their potential role in enabling his activities.