Two of Jeffrey Epstein's friends made a fortune after a $112 million tax refund enriched the late pedophile billionaire's once-dwindling fortune with cash, according to a report. There is a possibility that he is scheduled to receive an official payment.
Epstein's longtime lawyer Darren Indyke and accountant Richard Kahn, co-executors of his estate based in the U.S. Virgin Islands, have said that most of Epstein's victims have already suffered abuse. It is likely that they will receive a portion of the new tax due to the fact that they have received a settlement. , According to a report in the New York Times.
This is partly due to the fact that the pair, who are civilly accused of aiding and abetting Epstein, may be able to cash in while damages to victims are already capped. victims are furious.
“I think it's morally objectionable for someone other than the victim to profit from wrongdoing and wrongdoing,” victim Marie Chartouni told the Times.
Ms Chartouni was abused by Mr Epstein when she was 20 years old and has already settled with the inheritance.
“Victims continue to suffer,” she said.
Epstein, 66, was worth more than $600 million when he committed suicide in August 2019 while in custody awaiting trial for sex trafficking.
Nearly 200 women and girls sexually abused by Mr. Epstein received $164 million, and his fortune was reduced to $40 million at one point after other huge debts and claims were paid. Ta.
The foundation also committed more than $105 million to settle a lawsuit brought by the Virgin Islands government and donated tens of millions of dollars to lawyers and others involved in resolving his case. The foundation also repaid a $30 million loan.
But in September, the Epstein estate made a huge profit when it received a $112 million tax refund, bringing its value to $145 million, court records show.
The hefty refund came after the heirs paid $190 in taxes in July 2020 in anticipation that Epstein's assets would be sold for far more than they actually were — among others. Mr. Epstein's Manhattan townhouse sold for $51 million, $37 million below the asking price.
Epstein's remaining assets will be placed in a trust if all remaining claims against the deceased pedophile's estate are resolved, including the Manhattan federal lawsuit against Indyke and Khan for allegedly “aiding and abetting” Epstein. The trust will be named the “1953 Trust'' after Mr. Epstein's year. is created and distributed to those named as beneficiaries of the trust.
The list of trust beneficiaries is not public information.
In addition to Mr. Kahn and Mr. Indyke, who are also co-trustees of the 1953 trust, the only known beneficiary is Mr. Epstein's girlfriend, Karina Schliak.
The investor's brother, Mark Epstein, said he did not know whether he was designated to receive money from the trust.
Epstein was accused of running a decades-long scheme to sexually abuse girls and groom them to be sexually abused by other men.
Epstein's right-hand man, Ghislaine Maxwell, is currently serving a 20-year sentence for recruiting girls and women for Epstein's sexual pleasure.
Many wealthy and powerful people have been revealed to be friends of Epstein, and some of them traveled to his infamous “pedophile island”, including Stephen Hawking and Michael Jackson. Some people say that.
Disgraced Prince Andrew has reportedly settled a $12 million lawsuit with Virginia Giuffre, who claims Epstein forced her to have sex with the royal family on three separate occasions.
Lawyers for Mr. Indyke and Mr. Khan did not immediately respond to requests for comment Wednesday.
