Jeffrey Epstein Estate to Pay Over $105 Million to U.S. Virgin Islands

The estate of deceased sex offender Jeffrey Epstein and related entities agreed to pay the U.S. Virgin Islands more than $105 million as part of a settlement in a sex trafficking and child exploitation case, the territory’s attorney general said Wednesday.

The settlement also required the defendants to pay the Virgin Islands half the proceeds from the sale of Little St. James, the private island that was owned by Epstein and was allegedly a major hub for his yearslong criminal sex trafficking enterprise, said the Virgin Islands Department of Justice.

The estate will also pay $450,000 to address damages around a separate island Epstein owned, where the agency said it found that he “razed the remains of centuries’-old historical structures of enslaved workers to make room for his development.”

Read the source article at cnbc.com