{"id":29973,"date":"2023-12-29T17:24:27","date_gmt":"2023-12-30T00:24:27","guid":{"rendered":"https:\/\/dh.durangoherald.com\/tj\/deutsche-bank-pledges-nearly-5-million-to-help-combat-human-trafficking\/"},"modified":"2026-03-31T01:07:46","modified_gmt":"2026-03-31T07:07:46","slug":"deutsche-bank-pledges-nearly-5-million-to-help-combat-human-trafficking","status":"publish","type":"post","link":"https:\/\/dh.durangoherald.com\/tj\/deutsche-bank-pledges-nearly-5-million-to-help-combat-human-trafficking\/","title":{"rendered":"Deutsche Bank pledges nearly $5 million to help combat human trafficking"},"content":{"rendered":"

\"Jeffrey
Jeffrey Epstein\u2019s Zorro Ranch in Stanley, N.M., is shown Monday. Epstein is entangled in two legal fights that span the East Coast, challenging his underage sexual abuse victims in a Florida court hours after he was indicted on sex trafficking charges in a separate case in New York.<\/span>KRQE via AP<\/span><\/figcaption><\/figure>\n<\/p>\n

SANTA FE \u2013 Deutsche Bank pledged nearly $5 million in funding Thursday to help combat human trafficking in New Mexico, the bank announced in a joint statement with Attorney General Ra\u00fal Torrez.<\/p>\n

The announcement comes seven months after Deutsche Bank settled a U.S. lawsuit for $75 million that claimed the German lender should have seen evidence that the late Jeffrey Epstein engaged in sex trafficking when he was a client.<\/p>\n

Torrez\u2019s office has been investigating several financial service companies and their role in what he says is a failure to identify sexual abuse and trafficking of underage girls at Epstein\u2019s ranch in Santa Fe County, according to the statement.<\/p>\n

\u201cI am pleased that Deutsche Bank recognizes its ongoing responsibility to help us combat this problem,\u201d Torrez, a Democrat, said in the statement. \u201cWe appreciate the steps they have taken since terminating Jeffrey Epstein as a client in 2018 to strengthen their oversight capabilities and intend to use their pledge to support our ongoing efforts to apprehend traffickers and expand our victim services.\u201d<\/p>\n

A spokesperson for Deutsche Bank said the lender is pleased to support Torrez \u201cin this important effort, which reflects our industry\u2019s shared responsibility to play an active role in safeguarding the financial system.\u201d<\/p>\n

A woman who alleged she was abused by Epstein had filed a lawsuit in New York against the bank and sought class-action status. She asserted the bank knowingly benefited from Epstein\u2019s sex trafficking and \u201cchose profit over following the law\u201d to earn millions of dollars from the business owner. The settlement was reached in May.<\/p>\n

In 2020, the bank acknowledged its mistake in taking on Epstein as a client. Epstein killed himself in prison in August 2019 while facing federal criminal charges of sexually abusing dozens of underage girls.<\/p>\n","protected":false},"excerpt":{"rendered":"

Settlement comes in wake of $75 million Jeffrey Epstein case<\/p>\n","protected":false},"author":1,"featured_media":29974,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[138],"naviga_topic":[],"class_list":["post-29973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-new-mexico"],"acf":[],"author_name":"dh_admin","_links":{"self":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/29973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/comments?post=29973"}],"version-history":[{"count":1,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/29973\/revisions"}],"predecessor-version":[{"id":80928,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/29973\/revisions\/80928"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media\/29974"}],"wp:attachment":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media?parent=29973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/categories?post=29973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/tags?post=29973"},{"taxonomy":"naviga_topic","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/naviga_topic?post=29973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}