Epstein s estate running out of cash, victims program says nydailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nydailynews.com Daily Mail and Mail on Sunday newspapers.
Jeffrey Epstein victims fund to suspend compensation offers
ABCNews An independent claims program for alleged victims of the late sex-offender Jeffrey Epstein has suspended compensation offers to those individuals due to uncertainty about future funding of the program. Although I sincerely regret having to take this action, I have concluded that it is necessary to protect the interests of eligible claimants who have not yet resolved their claims through the program, said Jordana H. Feldman, a New York attorney who administers the Epstein Victims Compensation Program, which began operating last June.
The Epstein estate, which was initially valued at over $630 million, has already paid out more than $50 million to alleged victims through the program, but has apparently run into liquidity problems and has been unable to replenish the account designated to pay claims from alleged victims. Since the program began operating last year, more than 150 people have submitted claims, fa
Published February 02. 2021 11:54PM
Stephen Rex Brown, New York Daily News
Jeffrey Epstein’s estate has paid nearly $50 million to women who were sexually abused by the multimillionaire sex offender, a new court filing reveals.
The hefty sum was included in a filing in the U.S. Virgins Island court, where the accused sex trafficker filed his will. The account of Epstein’s estate, covering Oct. 1 to Dec. 31, 2020, shows that the Epstein Victims Compensation Program paid $49,850,000 to resolve claims of sexual abuse.
If an accuser accepts an offer from the program, she must waive the right to pursue a lawsuit against Epstein’s estate or his employees.
Epstein s estate has paid nearly $50 million to accusers nydailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nydailynews.com Daily Mail and Mail on Sunday newspapers.