Deutsche Bank Pledges $5M to Combat Human Trafficking in New Mexico

The pledge follows a $75 million lawsuit settlement over the bank's alleged failure to identify Jeffrey Epstein's sex trafficking activities.

Deutsche Bank has pledged nearly $5 million to help combat human trafficking in New Mexico.
The pledge comes seven months after the bank settled a U.S. lawsuit for $75 million, which claimed the bank should have seen evidence of Jeffrey Epstein's involvement in sex trafficking when he was a client.
New Mexico Attorney General Raúl Torrez has been investigating several financial service companies for their role in failing to identify sexual abuse and trafficking at Epstein's ranch in Santa Fe County.
A woman who alleged she was abused by Epstein had filed a lawsuit against Deutsche Bank, asserting the bank knowingly benefited from Epstein's sex trafficking and chose profit over following the law.
Deutsche Bank acknowledged its mistake in taking on Epstein as a client in 2020, and Epstein killed himself in prison in August 2019 while facing federal criminal charges of sexually abusing dozens of underage girls.