The Financial Post reports in its Tuesday edition that JPMorgan Chase & Co. announced a tentative $290-million settlement Monday with the victims of Jeffrey Epstein who had accused the bank of being the financial conduit that allowed the financier to continue operating a sex trafficking operation. An Associated Press dispatch to the Post reports that Mr. Epstein was arrested in 2019 on federal charges accusing him of paying underage girls for massages and then molesting them at his homes in Florida and New York. He was found dead in jail in August of that year, at age 66. A medical examiner ruled his death a suicide, but rumours persist that he was murdered. The lawsuit filed in Manhattan federal court in November sought to hold JPMorgan financially liable for Mr. Epstein's decades-long abuse of teenage girls and young women. A related lawsuit has been filed in the U.S. Virgin Islands. The proposed settlement comes two weeks after JPMorgan Chase chief executive officer Jamie Dimon testified in a deposition for the case, where he denied knowing about Mr. Epstein and his crimes until the financier was arrested in 2019. JPMorgan said it "believe this settlement is in the best interest of all parties."