Connect with us

Hi, what are you looking for?

World News

Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit by US Virgin Islands

 – The US Virgin Islands has subpoenaed Tesla Inc. CEO Elon Musk for documents in its lawsuit accusing JPMorgan Chase & Co. of helping enable sexual abuses by late sex offender Jeffrey Epstein.

The subpoena, issued on April 28, came to light on Monday in a request by the Virgin Islands to serve Mr. Musk by alternative means because it had been unable to locate and serve him.

The US territory did not seek to question Musk under oath, and its effort to subpoena him does not implicate him in any wrongdoing.

According to the Monday court filing in US District Court in Manhattan, Mr. Musk, one of the richest people in the world, may have been referred to JPMorgan by Mr. Epstein. The Virgin Islands did not provide further explanation for its interest in obtaining documents from Musk.

In a tweet late on Monday, Musk said that the notion that he would listen to financial advice from Epstein was absurd.

Referring to Mr. Epstein, he said: “That cretin never advised me on anything whatsoever.”

Mr. Epstein died by suicide in 2019 in a Manhattan jail cell while awaiting trial on sex trafficking charges.

The US Virgin Islands accuses JPMorgan of missing red flags about Epstein‘s abuse of women on Little St. James, a private island he owned there.

The bank has denied knowledge of Mr. Epstein‘s crimes.

In the subpoena, the Virgin Islands demanded any documents Mr. Musk has about Mr. Epstein’s involvement in human trafficking and his procurement of girls or women for commercial sex.

Additionally, the subpoena sought any communications between the entrepreneur and JPMorgan about Mr. Epstein as well as between Mr. Musk and Mr. Epstein. Documents regarding fees paid by Mr. Musk to Mr. Epstein or JPMorgan also fall under the subpoena.



The extent of any relationship between Mr. Musk and Mr. Epstein was unclear. Mr. Musk and Tesla vehemently denied speculation in 2019 that Mr. Epstein was advising Mr. Musk after the Tesla chief ran into trouble with regulators for saying he had lined up the funding to take Tesla private, the New York Times reported.

“It is incorrect to say that Mr. Epstein ever advised Elon on anything,” a spokeswoman for Musk told the New York Times at the time.

Mr. Musk is the second tech entrepreneur touched by the Virgin Islands litigation. US District Judge Jed Rakoff said earlier this month the territory may serve legal papers on Larry Page, although his ruling did not specify the information sought from the co-founder of Google, which is owned by Alphabet Inc..

In a Tesla shareholder lawsuit, Mr. Musk testified in January that JPMorgan used to have all of Tesla’s commercial banking business, but the relationship soured after the bank did not support Tesla’s automotive leasing line.

That trial stemmed from Tesla shareholder claims that a 2018 tweet by Musk stating he had “funding secured” to take the carmaker private had misled investors and caused them billions of dollars in damages. The jury found Musk was not liable.

In 2021, JPMorgan sued Tesla for $162 million over the “funding secured” tweet, alleging it caused the repricing of Tesla stock warrants. Tesla countersued the bank last year, accusing it of seeking a windfall. – Reuters

Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

You May Also Like


A LEGISLATOR is calling for the removal of eTravel registration for incoming international passengers, saying that removing the requirement will help attract more visitors....

World News

LONDON – US oil and gas production grew rapidly in the first two months of 2023 – a delayed response to the high prices and upturn in drilling that characterized much of...


THE Philippine Solar and Storage Energy Alliance (PSSEA) said it asked the Energy Regulatory Commission (ERC) to raise the green energy auction reserve (GEAR)...

World News

LONDON — A panel of global health experts were set to meet on Thursday to decide if COVID-19 is still an emergency under the...

Dislaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2023 All Rights Reserved. Spirit