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The trustee charged with liquidating Bernard Madoff’s investment firm yesterday brought a $6.4 billion suit against JPMorgan Chase. Filed under seal in the Southern District Bankruptcy Court, the complaint accuses the bank, which served as Bernard L. Madoff Investment Securities LLC’s primary banker for more than 20 years, of continuing to profit from Mr. Madoff’s massive Ponzi scheme in spite of having suspicions about the legitimacy of his firm.

David J. Sheehan of Baker & Hostetler, who represents trustee Irving H. Picard, said JPMorgan Chase was “willfully blind to the fraud, even after learning about numerous red flags” and claimed that Mr. Madoff could not have pulled off his scheme without the bank. “JPMC should pay the price for its central role in enabling Madoff’s fraud,” he said in a press release.

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