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However in November 2022, the Virgin Islands reached a settlement with the Epstein property, which agreed to pay the government $105million and half the proceeds from an eventual sale of the islands, plus $450,000 to restore environmental injury. The billionaire’s executor fought that request, saying they want to use his assets to arrange a reduction fund for sexual assault victims, and asking the government to unfreeze his two islands so they can promote them off. When Dimon was quizzed under oath by USVI attorneys in late Might that year, he said he didn’t recall ever listening to about Epstein or his sexual misconduct until after his arrest in 2019. Epstein withdrew as a lot as $750,000 a year in cash from JPMorgan accounts even after the late pedophile had been “red flagged” by the bank as a baby sex offender, attorneys for the territory alleged in the lawsuit.

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In 1998, he bought Little St James from enterprise capitalist Arch Cummin via a shell firm, reportedly paying just below $8m (£6m). He additionally primarily based his shell corporations in a small unmarked workplace in a seaside strip mall on St Thomas, alongside a Sam’s Mini-Mart and a salon referred to as Joyful Nails. Virgin Islands that billionaire intercourse abuser Jeffrey Epstein once called home? Detailed contractor-by-contractor attributions and full allow histories aren’t contained within the out there sources . Designer Edward Tuttle is called in reporting for renovations; native utilities installed key infrastructure, and up to date Congress-released photographs affirm the existing villas and interior rooms.