Famous CEO Has Money Frozen Over Ties to Epstein

Famous CEO Has Money Frozen Over Ties to Epstein

(ReliableNews.org) – Convicted pedophile Jeffrey Epstein may have died nearly three years ago, but his former associates and accomplices like Ghislaine Maxwell and Prince Andrew keep paying the price for their role in his affairs. Jes Staley, the celebrated former CEO of J.P. Morgan’s investment bank and Barclays, became the latest individual to take a hit over his reported ties to Epstein.

On Wednesday, February 23, Barclays published its annual report. The required filing noted the banking institution withheld stock payouts and bonuses worth as much as $29 million from Staley, pending the outcome of a probe into his ties with Epstein, a longtime client of J.P. Morgan. Staley owns more than nine million unvested shares in Barclays subject to performance review and measures.

The United Kingdom’s Financial Conduct Authority (FCA) is heading up the inquiry. On November 1, 2021, Staley stepped down after the FCA started releasing information related to its probe.

After reviewing a series of emails between the two men, the FCA filed an interim report indicating the volume and nature of the messages suggested Staley had a personal relationship with Epstein and not a purely professional one. Barclays noted at the time there was no evidence suggesting Staley had any knowledge of Epstein’s crimes.

So far, the FCA hasn’t indicated when it might complete its investigation.

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