Jeffrey Epstein‘s property has paid out practically $50million to victims of the disgraced pedophile financier, in line with a brand new submitting. 

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Greater than 100 accusers have utilized for compensation from a fund arrange final 12 months within the US Virgin Islands the place Epstein owned two non-public islands and the place a few of his sexual abuse and trafficking allegedly came about. 

The doc additionally reveals that tens of tens of millions of {dollars} of Epstein’s cash are being spent on attorneys, with quite a lot of Epstein-related proceedings nonetheless ongoing. 

In the meantime a personal jet belonging to Epstein was offered for $10.5million late final 12 months, whereas the intercourse offender’s artwork assortment was valued at practically $339,000, in line with the quarterly submitting seen by the Miami Herald

Victims of Jeffrey Epstein, pictured, have received nearly $50million in compensation from a fund based in the US Virgin Islands

Victims of Jeffrey Epstein, pictured, have acquired practically $50million in compensation from a fund based mostly within the US Virgin Islands  


Complete worth of Epstein’s property property: $241million, together with $49million money 


Compensation paid to Epstein victims: $49.8million

Authorized prices: Tens of tens of millions of {dollars} each three months 

Cash distributed by entities owned by Epstein: $18.8million 

Tax funds: $162,000 in France, $2,65million in US Virgin Islands  


Artwork assortment: Valued at $339,000 

Proceeds from sale of Gulfstream G550 jet: $10.5million  

Southern Belief information mining agency: Value $61million 

Stake in American Yacht Harbor marina in US Virgin Islands: Value $5.4million 

The compensation fund was permitted by a Virgin Islands choose final June after Epstein’s property was hit by a barrage of lawsuits from his victims. 

Survivors of Epstein’s abuse can apply for a lower of his multi-million greenback property, with the fund’s administrator promising to liquidate his property if wanted. 

Fund managers marketed this system as a manner for victims to get compensation with out having to air their allegations in public. 

Nonetheless, ladies who declare compensation through the fund should conform to waive their rights to file lawsuits towards Epstein’s property. 

As much as the tip of 2020, the property paid out round $49.8million to an unspecified variety of victims, in line with the brand new submitting. 

The report additionally confirmed that a minimum of 20 ladies who had filed lawsuits have had their circumstances dismissed.    

In response to the submitting, the whole property belonging to Epstein’s property had been price solely $241million on the finish of 2020 in comparison with $446million on the finish of September. 

Whereas there was $11million of latest earnings, tens of millions of {dollars} extra had been spent on authorized charges within the final three months. 

The sale of the Gulfstream G550 jet introduced in $10.5million – whereas the destiny of Epstein’s infamous ‘Lolita Specific’ Boeing 727 jet will not be but clear. 

The plan was seen final September mendacity deserted at a Georgia airport, with a upkeep agency proprietor saying he was owed $11,000 in storage charges. 

The brand new submitting suggests Epstein’s property could face a lawsuit from a agency referred to as Aviation Growth Group, apparently based mostly in Georgia, but it surely was not clear what the declare would relate to.  

Epstein's estate paid millions in tax to the US Virgin Islands, where the disgraced financier owned two private islands including Little St James (pictured)

Epstein’s property paid tens of millions in tax to the US Virgin Islands, the place the disgraced financier owned two non-public islands together with Little St James (pictured) 

Additionally disclosed within the new doc was a $162,000 tax fee to French authorities regarding a luxurious property that Epstein owned in Paris. 

The property additionally paid tens of millions in tax to the US Virgin Islands, the place Epstein benefited from low taxes after shopping for the islands of Little St James and Nice St James. 

A lawsuit filed by the Virgin Islands authorities final 12 months stated Epstein had flown ladies to the Caribbean after which had them moved to his property by boat or helicopter. 

Epstein purchased Little St James within the Nineties and later bought the neighbouring island to guard his criminal activity from being seen, the lawsuit claims. 

Though he was required to register as a intercourse offender following his Florida conviction in 2008, he managed to keep away from US Marshals or Virgin Islands officers from getting past the dock which he thought to be his entrance door. 

As an alternative, he met the legislation enforcement officers at his workplace on one other island, the lawsuit says. 

Many underage ladies had been lured with the promise of modelling alternatives, the lawsuit stated, with some victims as younger as 13 years previous 

Epstein accusers Annie Farmer (left) and Courtney Wild (right) outside federal court in 2019. Victims can apply to a fund based in the Virgin Islands for compensation, but must waive their rights to file lawsuits. It is not publicly known which victims have received payouts

Epstein accusers Annie Farmer (left) and Courtney Wild (proper) outdoors federal courtroom in 2019. Victims can apply to a fund based mostly within the Virgin Islands for compensation, however should waive their rights to file lawsuits. It’s not publicly recognized which victims have acquired payouts 

The lawsuit described one incident the place Epstein and others organised a search celebration to trace down a 15-year-old sufferer making an attempt to swim away.   

‘The criticism speaks for itself and lays out allegations of a sample and observe of human trafficking, sexual abuse and compelled labour,’ the islands’ lawyer basic stated. 

Epstein pleaded responsible in 2008 to state prostitution expenses in Florida beneath a plea deal which is now broadly thought to be too lenient. 

He served 13 months in jail, and the conviction ended his relationships with wealthy and highly effective elites together with Invoice Clinton and Prince Andrew.  

In 2019 he was charged by federal prosecutors in Manhattan with sexual abuse and trafficking of underage ladies. 

Going through 45 years in jail if convicted, he took his personal life in a Manhattan jail cell in August 2019.   

His ex-girlfriend Ghislaine Maxwell was dramatically arrested final 12 months and faces federal expenses of helping Epstein in procuring underage ladies. 

The British socialite, who denies the fees, is in custody forward of an anticipated July 2021 trial.   

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