JPMorgan exec Erdoes sought tax advice from Epstein.

JP Morgan Chase Executive Mary Callahan Erdoz sought advice on a $600 million tax case from disgraced former financier Jeffrey Epstein in 2005, legal filings allege.

Erduz, a veteran JPMorgan executive who became head of the bank’s asset and wealth management division in 2009, “personally sought Epstein’s help” in resolving a major tax issue, according to court documents filed overnight by the U.S. Virgin Islands.

Erdos’ application was on behalf of someone else, but the filing denied that information.

“This was merely an introductory request and was well before Epstein was arrested or formally charged with any crime,” a JP Morgan spokeswoman said in a statement Tuesday.

New allegations about the bank’s years-old relationship with Epstein have emerged as part of a US district lawsuit accusing JP Morgan of facilitating the notorious money manager’s sex-trafficking operation. Epstein killed himself in August 2019 while in prison in Manhattan on charges of child sex trafficking.

The USVI asked the court for partial summary judgment in its favor in court filings Monday night. JP Morgan also filed a motion for partial summary judgment overnight.

The district alleges that Epstein was a “personal resource” for Erdoz and his former boss at JPMorgan, Jes Staley, and that the two bankers decided to keep Epstein as a client for years after he was accused of paying underage girls to their homes. In a statement this year, Erdos acknowledged that JP Morgan was aware of the allegations against Epstein as far back as 2006.

It took years for the bank to decide to fire Epstein, only doing so in 2013. JPMorgan agreed to pay $290 million to settle the lawsuit from Epstein’s victims, but the USVI lawsuit continues.

In 2008, after the Bernie Madoff Ponzi scheme was uncovered, Erduz allegedly asked Staley to reach out to Epstein, “to get the scoop on the bottom of here,” according to the latest USVI court filing.

JP Morgan had this to say: “Jeffrey Epstein was in Florida where many of Madoff’s victims lived. She would have been reached if she had called at all. [to] Gee to see if Epstein has more details about what’s going on there.”