Jeffrey Epstein Fund donated nearly $ 125 million to sex crime accusers
Jeffrey Epstein attends the launch of RADAR MAGAZINE at the QT Hotel on May 18, 2005.
Patrick McMullan | Getty Images
A fund set up to compensate victims of late sex offender Jeffrey Epstein has awarded nearly $ 125 million to around 150 people, after receiving more than double the number of claims expected by its trustees.
Of those claimants, 92%, or about 140 people, accepted the money offered to them, according to the Epstein Victims Compensation Fund, which concluded its claims process on Monday.
Tuesday is the second anniversary of the day Epstein, 66, was found dead in Manhattan federal prison pending trial on child sex trafficking charges. Authorities decided he had committed suicide by hanging.
In addition to the dozens of then-underage girls who were allegedly trafficked by Epstein for his personal sexual desires, many other women have said they were assaulted or sexually exploited by the former friend of Microsoft co-founder Bill Gates, Presidents Donald. Trump and Bill. Clinton and Prince Andrew of Great Britain.
Epstein’s estate had no control over decisions about who should receive money from the fund or how much people would receive.
The fund’s independent administrator, Jordana Feldman, said that since the fund’s launch in June 2020, around 225 have made claims. Feldman expected 100 claims to be filed.
Feldman did not disclose why the applicants who did not receive money were declared ineligible.
Epstein pleaded guilty in Florida in 2008 to soliciting sex from a minor.
Women who personally received monetary settlements from him after this conviction, for which he served 13 months in prison, were allowed to request payment from the Victims Fund.
Feldman said the fund allows Epstein’s victims “to resolve their claims out of court through a voluntary, confidential, fair, empathetic and expeditious process – beyond the glare of public proceedings and without the costs and the confrontation of a dispute “.
“Each claimant had the opportunity to be heard in a safe space, to share the intimate, personal and often heartbreaking accounts of what they went through and how it affected them,” Feldman said in a statement. “I have continually been struck by the resilience and courage of the victims who have put their faith and confidence in this process.”
Epstein’s ex-girlfriend Ghislaine Maxwell is set to stand trial in Manhattan federal court in November for recruiting underage girls to be sexually assaulted by Epstein.
She has pleaded not guilty in this case and is being held without bail in a Brooklyn jail.