Home Business Prosecutor Says Executors of Jeffrey Epstein’s Estate Enabled His Abuse

Prosecutor Says Executors of Jeffrey Epstein’s Estate Enabled His Abuse

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The accusations have been simply the newest maneuver within the jockeying over the appreciable sums remaining from the fortune Mr. Epstein left when he killed himself in a Manhattan jail cell in 2019 whereas dealing with federal sex-trafficking prices. The property nonetheless has property price about $240 million after bills, which embrace $190 million in federal taxes and $85 million in contributions to the victims’ compensation fund.

About 150 ladies have registered with the fund, a quantity “far exceeding expectations,” in accordance with the fund’s unbiased administrator, Jordana Feldman. Up to now, the fund has paid out $55 million, and candidates have till March 25 to submit claims.

However final week, Ms. Feldman mentioned she would cease the method of figuring out the funds for different victims till the property may present further funds she had requested. The explanation, the property mentioned, was money circulate: It has had a tough time promoting off a few of Mr. Epstein’s property, together with two personal islands.

However Ms. George, who had pushed for extra safeguards for the fund, blamed mismanagement, saying the property was paying hundreds of thousands of {dollars} in authorized payments and different bills. She requested a decide to bar the property from making additional funds, besides to the victims’ compensation fund. Legal professionals for 2 dozen accusers joined the legal professional normal in her request.

The executors countered that Ms. George was partly answerable for the delays in promoting properties, together with Mr. Epstein’s island hideaway off St. Thomas, due to liens she has put in place.

“If the legal professional normal truly had in thoughts the most effective pursuits of Mr. Epstein’s victims, she would grant the coexecutors’ repeated requests that she instantly launch her liens on the 2 Virgin Islands properties owned by the property and permit the coexecutors to promote these properties,” Mr. Weiner mentioned in an announcement Wednesday night time.

The authorized case began in January 2020, with Ms. George taking intention on the difficult net of companies Mr. Epstein as soon as operated out of the territory. She mentioned she wished to guard the rights of Mr. Epstein’s victims in addition to these of the folks of the Virgin Islands, who she contended have been defrauded by Mr. Epstein as he ran a sex-trafficking operation out the territory.

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