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UBS Banked Ghislaine Maxwell for Years, Moving Her Money After Epstein’s Arrest

Ghislaine Maxwell and Jeffrey Epstein are seen in this image released by the Department of Justice in Washington, D.C., U.S., on December 19, 2025 as part of a new trove of documents from its investigations into the late financier and convicted sex offender Jeffrey Epstein. U.S. Justice Department/Handout via REUTERS

Swiss wealth giant UBS opened accounts for Ghislaine Maxwell in 2014 just months after JPMorgan Chase decided to end its relationship with Jeffrey Epstein and helped her manage as much as $19 million in the years leading to her sex-trafficking conviction, documents show.

The documents, part of a cache released by the US Justice Department last month, provide fresh insights into the extent of UBS’ banking relationship with Maxwell, who was arrested in 2020 and found guilty in 2021 for her role in helping Epstein sexually abuse teenage girls. She is currently serving a 20-year prison sentence.

The documents, which include emails and bank statements, show the Swiss lender opened personal and business accounts for Maxwell holding cash, shares and investments in hedge funds. UBS assigned her two relationship managers, who then helped Maxwell move millions of dollars and accorded her other benefits the bank reserves for its wealthy clients.

In 2014, after JPMorgan closed Epstein’s accounts, UBS provided him with a credit card, an email shows. Epstein had been jailed and pleaded guilty in 2008 to soliciting prostitution from an underage girl.

That account was closed in September that year. Epstein’s accountant told him UBS had taken the decision because of the “reputational risk,” an email shows. But the bank continued its relationship with Maxwell even though her proximity to Epstein had been reported by several media, including in an interview with the financier.

UBS declined to respond to Reuters questions for this article, including why it took on a client deemed high risk by another bank. There is no evidence of any wrongdoing on the part of UBS or its advisers, and some documents show the bank conducted due diligence before transferring her accounts from JPMorgan. Reuters could not learn details of the diligence the bank did.

A lawyer for Maxwell did not respond to a request for comment.

MAXWELL IS INTRODUCED TO UBS

Epstein and Maxwell had banked with JPMorgan for years, but the biggest US lender started getting concerned about risks of dealing with them in the years following Epstein’s 2008 conviction.

In 2011, while conducting know-your-customer checks, JPMorgan advised internally that Maxwell be flagged as a “High Risk Client” over her links to Epstein, separate US court documents show. In 2013, JPMorgan decided to close Epstein’s account.

JPMorgan flagged in Epstein’s history that “[p]er bank policy, felons [like Epstein] are considered high risk and require additional approval,” according to a court submission by the US Virgin Islands against JPMorgan in federal court in New York.  JPMorgan settled the case for $75 million in 2023.

JPMorgan, which has denied knowledge of Epstein’s crimes, declined to comment. The bank declined to say when and why it closed Maxwell’s accounts.

In December 2013, David Wassong, then a partner at Soros Private Equity Partners, introduced Maxwell to UBS, according to an email exchange.

“I have cced one of my best friends named Ghislaine maxwell (sic). She is looking for a new wealth manager, and I told her she had to meet you,” Wassong wrote.

On February 14, 2014, an email with the names redacted urges UBS to “expedite this transition from JPMorgan.”

“Ghislaine is leaving for over a month next week so she really needs to get this moved over / paperwork signed before her departure. Also, she would like to speak to you to introduce herself, etc,” the email reads.

In response, UBS representatives said they had reviewed documents submitted by her and had some follow-up questions as they processed the move to the bank.

Wassong did not respond to a request for comment about his dealings with Maxwell.

Soon after, UBS had opened an account and Maxwell used it for her personal expenses and businesses, including her charity TerraMar Project, as well as for entities called Ellmax, Pot & Kettle, Max Foundation and Max Hotel Services, the documents show. As early as February 2014, Maxwell had nearly $2 million in one of her UBS accounts.

Maxwell instructed the bank on how to move her cash. In one request in 2016, Maxwell asked the bank to make a $2.5 million payment to Scott Borgerson, to whom she was married that year.

On July 22, 2019, 16 days after Epstein’s arrest, UBS moved $130,000 on Maxwell’s request from her savings to her checking account to help pay an American Express card bill, the documents show.

Borgerson did not reply to a LinkedIn message requesting comment.

On August 16, 2019, the month after Epstein’s arrest, UBS received a Grand Jury Subpoena on Maxwell, according to a letter from UBS to the Federal Bureau of Investigation. UBS provided the FBI with information on wire transfers, according to the letter.

Reuters could not determine when – and if – UBS had closed Maxwell’s accounts.

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Israel’s enemies say it is anti-Christian. Jewish extremists are helping them make the case

One of the more damaging charges against Israel now circulating in the United States portrays the Jewish state as increasingly hostile to Christianity and Christians. The accusation has acquired considerable prominence in American media, where stories about attacks on clergy, harassment of worshippers, restrictions around Christian holy sites and violence against Christian communities have accumulated into a broader portrait of a country becoming inhospitable to one of the faiths born in the Holy Land.

The Washington Post recently devoted a major article to attacks on Christians in Israel and the government’s lackluster response, while other reporting has focused on Jews spitting at Christian clergy and pilgrims in Jerusalem, vandalism of Christian property and the April assault on a Roman Catholic nun near the Old City.

The nun’s case was particularly appalling: according to the subsequent indictment, a Jewish Israeli man chased the 48-year-old French Catholic sister, pushed her to the ground and kicked her after identifying her as a Christian nun. Israeli police arrested the suspect and prosecutors charged him with an assault motivated by religious hostility.

The Armenian Christians of Jerusalem have become another symbol of the phenomenon. Their community predates almost every modern political dispute over the city, with a continuous presence stretching back some 1,700 years. Yet Armenian clergy and residents have described repeated episodes of spitting, intimidation and abuse.

Israeli media in recent weeks described Israeli teenagers arriving at the headquarters of the Armenian Apostolic Church in the Old City and asking whether Christians were inside because they wanted to spit at them.

Scenes like these travel instantly around the world and provide ready-made material for anyone seeking to portray Israel as a place where Christians are despised. In fact, Israel’s Jewish extremists have no particular beef with Christians – but rather a conflict with, and often a hatred for, Arabs in general, of any religion.

Overall, the incidents are not representative of Christian life inside Israel. About 200,000 Christian citizens lived in the country at the end of 2025, most of them Arab Christians, and the community has continued to grow. Arab Christians have exceptionally high educational attainment and are disproportionately represented in Israeli higher education. Christians serve as judges, diplomats, doctors, academics and public officials, and their churches and institutions form a recognized part of Israeli public life. Moreover, the assault on the Catholic nun produced an arrest and indictment rather than tacit approval, and Israeli authorities regularly proclaim their commitment to Christian worship and the protection of Christian holy places.

Yet a radical Jewish fringe appears determined to furnish Israel’s enemies with the pictures, anecdotes and headlines required to transform an inflammatory accusation into a plausible story. The latest damaging example comes from Taybeh, the last predominantly Christian Palestinian village in the West Bank (and home to its only beer brewery).

Taybeh has endured months of tension and violence. In June, Israeli settlers obstructed Palestinians attempting to extinguish a large fire near the village, according to Palestinian firefighters and a local priest. Residents have complained of arson, vandalism, incursions onto private property and intimidation.

“The settlers can do whatever enters their heads,” said the Rev. Jack Abed of Taybeh’s Greek Orthodox community. “And every now and then we have rioting from settler youth who come into the village. They bring sheep with them to graze in our fields.”

This week the Israeli military responded by closing the village to Israelis, saying the measure followed violent attacks by Israelis in the area and was intended to protect local residents and maintain order.

The order illustrates two realities at once. The Israeli army is using military power to protect a Palestinian Christian community from Israeli Jewish extremists. This tells a very different story from the sweeping claim that the Israeli state has embarked upon a campaign against Christians. At the same time, the necessity of such a measure shows the extent of the problem Israel has permitted to develop.

Indeed, Israel Radio this week reported that there have been 660 cases of “nationalistic crime” by Jews in the West Bank in the first six months of 2026 – a 50 percent increase over the same period last year. The report, citing military sources, said six Palestinians were killed and 140 injured in these attacks. There are rarely long-term arrests and no settlers have been convicted in the deaths.

I recently wrote in these pages about Jewish terrorists in the West Bank after extremists torched two mosques, burned cars and fields and attacked Palestinian motorists. One mosque in Qusra was burned and covered with revenge graffiti; another in Kur was set ablaze.

The violence belongs to a larger pattern of attacks on civilians, destruction of property and vigilante incursions into Palestinian communities. I described this as both a moral failure and a national-security disaster because every such episode creates another security problem for the Israeli soldiers and police who must contain the consequences, while simultaneously providing Hamas, Iran and Israel’s other enemies with propaganda more effective than much of what they could manufacture themselves.

The Christian dimension makes the strategic stupidity even more breathtaking. Israel depends upon deep reservoirs of sympathy among Christians around the world, especially in the United States, where tens of millions of evangelical Christians have provided some of the most consistent political support for the Jewish state. Christian attachment to Israel also extends far beyond evangelical politics to people who regard the survival of ancient Christian communities and access to the holy places of Jerusalem, Bethlehem and the Galilee as matters of profound spiritual importance.

Every video of an extremist spitting at a priest, every report of an Armenian Christian being harassed and every attack on a Christian Palestinian village chips away at that reservoir of goodwill. These extremists are weakening Israel’s security, staining Judaism and turning potential friends of Israel into skeptics and existing skeptics into enemies.

The military’s action in Taybeh is therefore welcome, and it is also woefully insufficient. Israel’s Oct. 27 election offers the possibility of a different approach. Should Netanyahu be defenestrated and a new government take office, a comprehensive crackdown on Jewish terrorism in the West Bank should rank among its first priorities. The task requires arrests, prosecutions and enforcement rather than declarations of concern after each fresh outrage.

 

 

The post Israel’s enemies say it is anti-Christian. Jewish extremists are helping them make the case appeared first on The Forward.

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A Democratic upset in Connecticut — but Israel was not a factor

(JTA) — Luke Bronin scored a decisive victory over longtime Rep. John Larson in Connecticut’s Democratic primary Tuesday, marking another defeat for AIPAC which had backed the 14-term congressman.

The pro-Israel lobby group is increasingly viewed as politically toxic in Democratic primaries across the country, with several progressive candidates notching victories after making opposition to the group a centerpiece of their campaigns.

Israel and the American Israel Public Affairs Committee, however, were not at the forefront of the contest in Connecticut’s 1st Congressional District, reflecting a more nuanced picture regarding Democratic voters’ shifting sentiments toward Israel.

Bronin and Larson, the race’s two candidates with more traditionally pro-Israel positions, together won nearly 90% of the vote, with Bronin receiving 53% while Larson received 34%. The two progressive candidates in the race, Jillian Gilchrest and Ruth Fortune, who both accused Israel of genocide in Gaza, finished a distant third and fourth.

Bronin, 46, who has Jewish ancestry on his father’s side, is the former mayor of Hartford and also served in the Obama Administration as the Deputy Assistant Secretary for Terrorist Financing and Financial Crimes. His campaign largely centered on affordability and emphasizing the need for new leadership in the Democratic party.

“If we are going to fix this mess that we are in, we need to build a Democratic Party that is bringing a whole new energy to this fight,” Bronin told supporters following his victory.

Israel was not entirely absent from the campaign. Larson, who first took office in 1999, split with Bronin during a primary debate last month when Larson defended his recent vote in support of U.S. military aid to Israel.

“Yes, I voted in favor of making sure that Israel, our ally, is going to get the aid from the United States that it needs. But the Palestinians need humanitarian aid, and Donald Trump has got to enforce the law,” Larson said.

Bronin pushed back at Larson, replying, “Trusting Donald Trump to do the right thing is a mind-blowing example of putting hope over all of the evidence in front of us.”

While Larson had long supported Israel during his tenure in Congress, he has been critical of Israel’s prosecution of the war in Gaza and treatment of Palestinians and vocally opposed the United States’ war in Iran.

Bronin, meanwhile, has said he is against taxpayer money going toward funding offensive military aid to Israel, though he supports “defenses for civilians that protect civilian life against rockets and missiles and drones.”

“I think it’s hugely important that Israel exists as a safe, secure homeland for the Jewish people,” Bronin said when asked about his views on Israel on The Lisa Wexler Show in May. He also spoke out against Prime Minister Benjamin Netanyahu, explaining that the premier had  “done enormous damage to Israel’s security, Israel’s standing in the world,” adding that “we have an obligation as a country to say what’s happening is not okay.”

Bronin slightly outraised Larson on the campaign trail, receiving roughly $3.1 million largely from individual donations from billionaires and large firms, while Larson received $2.7 million and relied more on donations from PACs, according to the Federal Election Commission.

Larson received roughly $120,000 in AIPAC-linked donations during the campaign cycle, according to the campaign finance database Open Secrets.

Bronin will now face Republican Amy Chai, a physician and mental health advocate, in the general election for the state’s first congressional district. The district, which spans Bristol, Hartford and Torrington, is home to 27,800 Jews, representing 3.9% of the total population, according to the Berman Jewish Data Bank.

The post A Democratic upset in Connecticut — but Israel was not a factor appeared first on The Forward.

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Jack Ukeles, who used data and idealism to shape Jewish communal life, dies at 89

(JTA) — Throughout a storied career of more than five decades that included key roles in teaching courses at elite universities, policy planning for city and state governments and community surveys for Jewish organizations around the world, Jack Ukeles had one consistent goal: to blend research, data and strategic problem-solving with idealism in making the world a better place.

Ukeles, who died July in Jerusalem at the age of 89, was widely and deeply admired as well for his integrity, wisdom and compassion on both a personal and professional level.

He was also one of the most prominent members of a cohort of Jewish social scientists who, from the 1980s through the 2000s, played a central role in setting the agenda for organized Jewish life. Philanthropists and nonprofit leaders sought their data and recommendations on hot-button issues like rising intermarriage, attachment to Israel, population trends and declining engagement with Jewish institutions.

In 1981, Ukeles joined the Jewish non-profit world as senior planning officer of the New York Federation of Jewish Philanthropies (now UJA-Federation of New York). He led the charity’s first scientific study of the New York area’s Jewish population, and major studies on senior services and Jewish poverty.

Five years later, he went out on his own, launching Ukeles Associates, Inc., and for 28 years led consulting projects combining his experience in policy research, planning and management for a range of secular and Jewish non-profits.

Speaking at the funeral in Jerusalem, where Ukeles and his wife, Mierle, lived since making aliyah in 2012, longtime friend and colleague Asher Ostrin predicted that Ukeles’s teaching, in both classrooms and nonprofit board rooms, will have a lasting effect, especially for American Jewry.

“Generations of Jewish communal professionals are his students, and are taught to reflect the method and values he held dear,”  said Ostrin, an executive at the American Jewish Joint Distribution Committee.

Those values were shaped growing up in a religious Zionist home, aware of the trauma his parents endured in Eastern Europe before settling in New York. Ukeles’s mother wanted a first-rate Jewish education for her only son, and after visiting a number of yeshivas, moved the family from The Bronx to Brooklyn so he could attend the Yeshiva of Flatbush, where he thrived academically and as student council president and member of the basketball team.

After seeing a newspaper ad announcing the opening of a university in Israel committed to integrating modern scholarship and traditional Jewish learning, he applied and was accepted in 1955 to Bar-Ilan University’s first class.

“My father was proud to be a member of that first class, and as a student leader there, he wanted to help build the school and be a part of its growth” in synthesizing secular and religious studies, his daughter Raquel Ukeles recalled. “But the administration wasn’t interested.” He was 18 at the time.

After a year in Israel, Ukeles attended a yeshiva and Brooklyn College, where he took courses in community planning, research and data. He received his B.A. in political science in 1959, and an M.A. in city planning two years later at the University of Pennsylvania. In 1962, Ukeles spent a year in New Delhi, India, as a Fulbright Fellow and returned to complete his Ph.D. at Penn in 1971.

During his graduate school years, Ukeles turned a summer job in the New York City planning department into a three-year position. He helped produce the first data-driven analysis of New York City’s housing needs, and was part of a team that reshaped the city’s approach to urban renewal.

He then turned to academia, starting a long-term pattern of moving back and forth between university posts — including the New School, where he later became chairman of the first urban policy graduate program in the U.S. — and designing and leading civil service and financial reforms in New York through the mayor’s office under Abe Beame and Ed Koch.

On behalf of Jewish organizations, he conducted a 2006 survey of Atlanta’s Jewish population that confirmed the explosive growth of Jewish communities in the Sun Belt, and co-authored a 2002 community study showing how Russian immigrants and Orthodox Jews were changing the face of New York City Jewry.

Ukeles was he co-authopr of a 2012 study showing that New York City area’s Jewish population was on the rise again, thanks largely to the growth of Orthodox households.(Spencer Platt/Getty Images)

In 2009, he wrote a report on how nonprofits  can turn the severe economic downturn into opportunity. Drawing on his experience in city management, he advised nonprofits neither to panic nor deny the reality of squeezed budgets.

“You can forget about strategy if you do not have courage, if you do not have big ideas, or if you do not have vision, and most importantly, if you do not have compassion,” he said in a lecture that year drawing on the report. “In fact, without the ‘right stuff,’ you are in the wrong line of work.”

Family members noted that the common thread in Ukeles’s career in academia, city government and non-profits was to deal with difficult problems by making decisions based on real data, not theoretical ideas, and to bring the stakeholders around the table to make the best — or sometimes least worst — decisions based on need and priority.

Elie Kaunfer, CEO and president of the Hadar Institute, a center of Jewish life and learning, said that when Ukeles conducted the first formal evaluation of the organization in 2011, “he taught me so much about what kind of questions to ask — not just about experience of the program but ultimate impact on people’s lives.”

John Ruskay, former CEO of UJA-Federation, described him as “a loyal friend and dear colleague who I and so many others turned to repeatedly for counsel, for wisdom, for ‘chizuk’” (inner strength).

Sometimes his counsel came with critique. Steve Bayme, a former American Jewish Committee executive and longtime Ukeles friend, noted: “Jack knew how to offer constructive criticism and even occasional rebuke in ways that colleagues, including those in senior communal positions, could hear and absorb.”

Alan Gill, who served as CEO of the JDC, praised Ukeles for “his expertise in challenging and guiding us.” He said Ukeles “yelled at us” once, which was unheard of from consultants who tended to be dispassionate and analytical, he noted. But the outburst had “a positive effect,” Gill added, reminding JDC staff how much “the mission and work mattered” to Ukeles.

That sense of heartfelt criticism also applied to Ukeles’s devotion to, and frustration with, the state of Israel in recent years. He agonized over the growth of extremism in the haredi Orthodox community and Jewish settler violence, and he spoke out in pieces he published in The Times of Israel.

“Jack loved the Jewish people,” said Sally Gottesman, who was hired by Ukeles as a young consultant in 1997. Now an activist-philanthropist focused on gender and justice in the Jewish community, Gottesman said Ukeles was “a mentor and master teacher” and praised his efforts to promote equality for women.

A prime example was his support for and great pride in the accomplishments of his wife, Mierle, who in seeking to blend art with waste management became the official artist-in-residence of the NYC Department of Sanitation, a volunteer position she has held since 1977. Her unique career was the focus of an award-winning 2025 documentary, “Maintenance Artist.”

“Jack was my heart and soul,” she said. “His  support, championing my being a free artist and a full person, all through the years, extending as well to his supporting the work of many other women artists of our time, was without a peer, without an end.”

In addition to his wife, Ukuleles is survived by his daughters, Raquel, who is head of collections at the National Library of Israel, and Yael, a product market manager and  founder of two non-profit Israeli environmental education programs, and a son, Meir, who works with an Israel-based VC fund investing in startups.

The post Jack Ukeles, who used data and idealism to shape Jewish communal life, dies at 89 appeared first on The Forward.

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