Jeffrey Epstein’s Finances Under Investigation




Everyone knows that Jeffrey Epstein had a lot of money, but the source of that money is not known. The DOJ is looking into it right now, and there could end up being a battle royal over the division of Epstein’s estate between beneficiaries, his victims, and the government. The government gets their cut first, and then his victims that sued Epstein will ask a judge to freeze whatever money is left, pending their lawsuits. Any money that might be left after that will go to his beneficiaries, probably on a percentage basis. But no money will be doled out until an investigation of his finances is complete, and that could take a long time.

From The NYT

The money, tens of millions of dollars of it, would flow among Jeffrey Epstein’s dozens of bank accounts, shell companies and, at times, charities linked to high-powered friends.

Where was the money going? What was it for? Who was actually sending and receiving it?

A convicted pedophile and accused sex trafficker who surrounded himself with an elite network of business and political leaders, Mr. Epstein enjoyed the trappings of great wealth: private jets, mansions, his own island. But much remains unknown about the sources of his wealth.

Legions of lawyers, bankers and accountants have been trying in recent weeks to solve that mystery, and their quest is unlikely to end after Mr. Epstein was found dead on Saturday morning. The answers could illuminate how Mr. Epstein allegedly operated a long-running sex-trafficking operation, whether he had help from others and who — including Mr. Epstein’s victims — will receive any of his remaining assets. It is not known if Mr. Epstein had a will.

 





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