Epstein estate, victims reach agreement on compensation fund

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Jeffrey Epstein died Aug. 10, two days after signing his will, by hanging himself in his cell.

tap here to see other videos from our teamLawyers for the estate, which was valued at $636.1 million before the recent global market plunge, had proposed the fund last year.

They drew objections from victims’ lawyers who said they had not been consulted, and from Virgin Islands Attorney General Denise George, who resisted requiring victims to sign broad releases that could block them from suing Epstein’s associates. “We resolved the release issue,” Brad Edwards, a lawyer representing victims, said in an email on Friday. “I can’t say too much about that at this time but any of Epstein’s friends who were also abusers will not be released.”Article content continued

“My office will forcefully continue its work to hold accountable Epstein’s criminal enterprise,” George, who announced the agreement, said in a statement. Darren Indyke and Richard Kahn, executors of the estate, said they were “pleased” with the agreement, which they said would ensure claimants were treated with “compassion, dignity and respect.”tap here to see other videos from our teamEpstein was arrested in July on charges he abused and trafficked in women and girls from 2002 to 2005 in Manhattan and Florida and pleaded not guilty.

 

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