Will Epstein’s victims claim parts of his fortune?

If Jeffrey Epstein actually had hundreds of millions of dollars at his disposal, the fight over who gets that money just got more complicated for his victims.

Epstein was found dead in his New York City jail cell early Saturday morning from an apparent suicide, a month after his arrest by the federal government on sex-trafficking charges. Epstein lived a lavish lifestyle with mansions in New York and Florida and a Caribbean island he owned. A recent filing in his criminal case suggested he is worth $559 million.

But the line to get that money could be very long. Even before he was charged in the most recent criminal case, Epstein had settled civil lawsuits with women who claim he had abused them, and was facing the prospect of more suits. Two of the lawyers who represent women who allege they were abused as girls by Epstein say they’d been allowing the criminal case to proceed before filing civil suits against Epstein.

 

Now that Epstein is dead, prosecutors are likely to drop the criminal charges against him as early as this week. That means civil cases will proceed. And the list of accusers is likely to grow now that he is dead, legal experts said.

Epstein was not married and does not appear to have any children. But he does have a brother, who would also have a claim to Epstein’s estate. Here’s what know about Epstein’s millions and who could get it.
How rich was Jeffrey Epstein
It was often reported over the years that Epstein was a billionaire, but there is little evidence that has was anything more than very, very rich. Epstein owned a townhouse on the Upper East Side of Manhattan that is valued at more than $50 million.

He also had a mansion in Palm Beach, Florida, with a price tag of around $12 million, a ranch in New Mexico valued at just over $17 million and an apartment in Paris worth an estimated $8.6 million. The Carribean island, Little St. James, was recently assessed at nearly $64 million.

 

The New York Times has reported that Epstein made more than $200 million during his a decade-plus relationship working as a financial adviser for the retail tycoon Les Wexner, the CEO of L Brands. But it’s not clear if the price of the Manhattan townhouse, which was transferred to Epstein from Wexner in 2011, is part of that sum.

What’s more, Wexner last week wrote in a letter to his foundation that Epstein improperly took “vast sums” of money from him in the mid-2000s and said Epstein in late 2007 and early 2008 repaid some of Wexner’s money with a $46 million donation to a charity linked to Wexner’s wife. It is not clear if Wexner could bring a suit against Epstein’s estate.

Epstein also appears to have provided other wealthy individuals with tax and estate planning advice, including Leon Black, the billionaire chairman of private equity shop Apollo Global Management. It’s not clear how much Black paid for the advice, but in 2015 a charity controlled by Black made a $10 million donation to a charity run by Epstein, according to Bloomberg News.

As part of Epstein’s criminal proceedings, he filed a financial statement saying he had $559 million in assets. But the filing listed no debt, and provided little detail other than saying he had nearly $200 million in hedge fund and private equity investments. Given the number of people looking to sue him, it’s likely Epstein would have wanted to understate his assets.
Will Epstein’s victims claim parts of his fortune?
While the government can’t bring a criminal case against a dead person, civil cases are allowed to be filed or proceed against a person’s estate. But Epstein’s death potentially introduces a new hurdle, legal experts said.

Verdicts in criminal cases are admissible in a civil case, and a guilty verdict is very good evidence of wrongdoing. Federal prosecutors said they amassed considerable amounts of evidence against Epstein. Still, his victims will have to establish his guilt on their own.

The good news is that the burden of proof is a lower bar in a civil case. One must prove the evidence shows it is likely that the defendant committed the offense. The “beyond a reasonable doubt” standard only applies in a criminal case.

The other good news is creditors, and that would include anyone suing Epstein’s estate, generally have a right to Epstein’s money before it goes to family members or anyone named in his will — if he even had one, which is not yet clear. Legal experts say the order of who has the right to an estate is established by each state individually. The order in New York is that the government gets to settle any tax liens first, and then comes creditors, and then named beneficiaries.

Epstein’s legal residence was in the U.S. Virgin Islands, and it is likely that his executor, if one is named in a will, would try to claim that residence as the jurisdiction for any claims against Epstein’s estate. “I don’t think it will be offered for probate in New York,” said Herbert Nass, an estate lawyer in New York City. “I wouldn’t.” Nass said, describing the U.S. Virgin Islands as a “less formal legal domicile” for estate cases.
How long could it take until Epstein’s estate is resolved?
Short answer: Years and years. The first step is finding out who is in charge. If Epstein had a will, it would name the executor. If he didn’t, then the job would go to his closest next of kin, his brother, Mark Epstein.

But Epstein reportedly abused at least dozens of women, potentially creating a legal bill that is larger than what is in the estate. For that reason, Epstein’s brother could take a pass on administering the money, especially if acting as executor could expose him to any liability, said Bruce Steiner, an estate lawyer in New York City.

If Mark Epstein declined to be executor, one of Epstein’s creditors, namely one of his victims, could apply to be an executor of the will, Nass said. As an alternative, the court could also assign a public administrator. But that is the law in New York, the experts said. Estate law in the U.S. Virgin Islands is less clear.

The bigger issue could be finding all of Epstein’s assets. After all, he sold wealthy people advice on tax shelters. His 2008 conviction in Florida for sex crimes found that most of his wealth was split between multiple corporations and offshore accounts. Unraveling all that, especially without Epstein, will take time.

That’s been true with other high-profile estate cases: In 2017, nine years after the death of real estate billionaire Leona Helmsley, her children and others were still fighting over her will, which included $12 million for her dog, Trouble. The Maltese, which died in 2011, ended up getting only $2 million.

 

SOURCE:

 

http://www.msn.com/en-xl/northamerica/top-stories/who-will-get-jeff-epsteins-hundreds-of-millions-of-dollars/ar-AAFImrh?ocid=spartandhp

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How Trump denied having idea if Clinton is involved in Epstein’s death.

President Donald Trump on Tuesday said he wants a “full probe” into the death of Jeffrey Epstein, a former friend of Trump who is believed to have hanged himself in his New York City federal jail cell last weekend.

Trump also told reporters, “I have no idea” if former President Bill Clinton and his wife, former Secretary of State Hillary Clinton, were involved in Epstein’s death on Saturday.

Conspiracy theorists have suggested, without any evidence at all, that the Clintons were somehow to blame for Epstein’s death. Trump on Saturday had retweeted one of those conspiracy promoters.

 

Trump additionally said President Clinton, another ex-friend of Epstein, may have visited Epstein’s private island in the U.S. Virgin Island, which would not be “very good.”

 

SOURCE:

 

http://www.msn.com/en-xl/northamerica/top-stories/trump-says-i-have-no-idea-if-the-clintons-were-involved-in-jeffrey-epsteins-death-calls-for-full-probe/ar-AAFKE6j?ocid=spartandhp

How 2 guards were suspended over Epstein”s death.

NEW YORK (AP) — The warden at the federal jail where Jeffrey Epstein took his own life over the weekend was removed Tuesday and two guards who were supposed to be watching the financier were placed on leave while federal authorities investigate the death.

The move by the Justice Department came amid mounting evidence that the chronically understaffed Metropolitan Correctional Center may have bungled its responsibility to keep the 66-year-old Epstein from harming himself while he awaited trial on charges of sexually abusing teenage girls.

Epstein was taken off a suicide watch last month for reasons that have not been explained, and was supposed to have been checked on by a guard every 30 minutes. But investigators learned those checks weren’t done for several hours before he was found Saturday morning, according to a person familiar with the case who was not authorized to discuss it and spoke on condition of anonymity.

Guards on the unit are now suspected of falsifying log entries to show they were making the checks, according to another person familiar with the probe.

In the past, guards at both federal and state prisons have faced criminal charges over false entries in duty logs that were discovered after something went wrong with a prisoner.

Surveillance video reviewed after the death showed guards never made some of the checks noted in the log, according to the person, who also was’t authorized to disclose information and spoke to The Associated Press Tuesday on condition of anonymity.

Attorney General William Barr ordered warden Lamine N’Diaye temporarily assigned to the Bureau of Prisons’ regional office while the FBI and the Justice Department’s inspector general investigate. The two guards were not identified.

While the exact manner of Epstein’s death has not been officially announced, another person familiar with operations at the jail said the financier was discovered in his cell with a bedsheet around his neck. That person likewise spoke on condition of anonymity for the same reason.

 

Under the jail’s protocol, Epstein would not have been given a bedsheet had he been on suicide watch. He was placed on suicide watch last month after he was found on the floor of his cell with bruises on his neck, but he was later returned to the jail’s special housing unit for inmates needing close supervision.

The Bureau of Prisons sent a team of prison psychologists, known as a suicide reconstruction team, to the jail on Tuesday, a Justice Department official said. They are expected to reconstruct the scene, analyze why Epstein took his own life and look at how it happened, the official said. The official couldn’t discuss the matter publicly and spoke on condition of anonymity.

The official said Deputy Attorney General Jeffrey Rosen was being briefed by the FBI every three hours on the progress of their investigation.

On Monday, Barr said that he was “frankly angry to learn of the MCC’s failure to adequately secure this prisoner,” adding: “We will get to the bottom of what happened and there will be accountability.”

The warden of an institution in upstate New York has been named the acting warden at the jail.

Eric Young, president of the union council that represents prison guards, said that such reassignments are routinely done to “protect the integrity of investigations until any formal action, if any, is warranted.”

Jose Rojas, a union leader and teacher at a federal prison in Florida, said N’Diaye should be home without pay instead of being reassigned. He said it appears to him that the Bureau of Prisons is “protecting him and putting the blame on officers.”

“I put this on the warden,” he said. “If he would have had common sense and followed policy, we wouldn’t be here discussing this.”

More details began to emerge Tuesday about the guards who were supposed to be supervising Epstein and the conditions under which they were working.

The guards on Epstein’s unit the night of his apparent suicide were working overtime shifts to make up for staffing shortages, two people familiar with the matter said. One of the guards, who had a different job in the jail and did not regularly perform correctional officer duties, was working a fifth straight day of overtime and the other guard was working mandatory overtime, the people said.

Although the one guard doesn’t currently regularly work as a correctional officer, he had previously been one for seven years and specifically requested to work overtime shifts to make more money, one of the people said.

The prison has been pressing non-custodial staff into working as correctional officers because staffing levels are less than 70 percent of what they should be, union officials said.

The Bureau of Prisons considers all employees “correctional workers” and trains them in “basic correctional duties to secure the facility in the event of a disturbance and to provide inmate supervision,” according to a 2012 Government Accountability Office report on overcrowding.

All new employees are sent to a training academy in Georgia for a three-week “Introduction to Correctional Techniques” course that covers firearms, self-defense, policies and procedures.

They must also pass a physical-abilities test that measures their “ability to perform the essential functions of a correctional worker,” such as detecting movement, climbing ladders and using handcuffs.

Epstein was being held without bail on federal sex trafficking charges that could have brought 45 years in prison.

Federal prosecutors in New York are pursuing a parallel investigation into whether any of his associates will face charges for assisting him in what authorities say was his rampant sexual abuse of girls as young as 14.

According to police reports, FBI records and court documents, Epstein had a team of recruiters and other assistants who knew of his penchant for girls and lined up victims for him.

 

SOURCE:

 

http://www.msn.com/en-xl/northamerica/top-stories/2-guards-suspended-and-warden-reassigned-after-epstein-death/ar-AAFMGA1?ocid=spartandhp

How Epstein Killed himself

An autopsy on disgraced US financier Jeffrey Epstein — who was found dead in his jail cell — has concluded that he committed suicide by hanging, a coroner said Friday, answering one of the questions surrounding his death.

The ruling comes six days after the 66-year-old, who was accused of trafficking girls as young as 14 for sex, was discovered dead in New York’s high-security Metropolitan Correctional Center.

New York’s chief medical examiner Barbara Sampson said in a statement emailed to AFP that “after careful review of all investigative information, including complete autopsy findings” it was determined that Epstein killed himself.

 

The New York Times cited officials as saying that Epstein had used a bedsheet to hang himself.
The report came a day after US media reported that preliminary findings from the post-mortem examination had found broken bones in Epstein’s neck.

The Washington Post and The New York Times quoted sources familiar with the autopsy report as saying Epstein had broken the hyoid bone near his Adam’s apple.

Epstein, a multi-millionaire who once counted Britain’s Prince Andrew and US President Donald Trump as friends, was charged with one count of sex trafficking of minors and one count of conspiracy to commit sex trafficking of minors.

According to prosecutors, Epstein sexually exploited dozens of teenagers at his homes in Manhattan and Florida between 2002 and 2005.

He denied the charges but faced up to 45 years in jail if found guilty.

The FBI and Justice Department are investigating how America’s most high-profile remand prisoner managed to take his own life just weeks after an earlier reported suicide attempt.

The warden of the Metropolitan Correctional Center where Epstein was housed has been temporarily reassigned and two guards put on administrative leave pending an investigation.

They guards were reportedly asleep when they should have been checking on Epstein.

Epstein’s death came a day after a court released documents in which an alleged victim said he used her as a “sex slave” and that she was forced to have sex with well-known politicians and businessmen.

Virginia Giuffre has alleged she was forced to have sex with Prince Andrew, former US Senator and architect of the Northern Irish peace deal George Mitchell, ex-New Mexico governor Bill Richardson and American celebrity lawyer Alan Dershowitz.

Lawsuits

They have all strenuously denied the allegations.

Prosecutors have pledged to pursue cases against anyone else involved in Epstein’s alleged crimes and earlier this week FBI agents raided his private island in the Caribbean.

Several women have also come forward seeking damages.

On Wednesday, Jennifer Araoz filed a lawsuit against Epstein’s estate, his former girlfriend Ghislaine Maxwell and three other female accomplices.

Araoz said she was raped by Epstein as a 15-year-old. She said Maxwell, a British socialite and daughter of the late fraudster and media mogul Robert Maxwell, enabled his crimes.

Maxwell’s whereabouts are unknown but she was recently photographed at a restaurant in Los Angeles, according to US reports.

On Friday two other women filed a $100 million lawsuit against Epstein’s estate.

They were working as hostesses in a Manhattan restaurant in 2004 when a woman described as a “recruiter” for Epstein approached them, they said.

The recruiter allegedly offered the pair hundreds of dollars each to go to Epstein’s home and give him a massage, assuring them there would be no sexual contact, according to the lawsuit.

Two days later they went to Epstein’s luxurious mansion near Central Park. Once they were in the massage room, the eight-page lawsuit said, Epstein was sexually aggressive towards them before giving them several hundred dollars.

Epstein was convicted in Florida in 2008 of paying young girls for massages but served just 13 months in jail under a secret plea deal struck with the then state prosecutor.

 

SOURCE:

http://www.msn.com/en-xl/northamerica/northamerica-top-stories/coroner-rules-that-jeffrey-epstein-hanged-himself/ar-AAFUuNf?ocid=spartandhp

 

Jay-Z is going to have a “significant ownership interest” in an NFL team

Jay-Z is about to have more skin in the NFL game than originally anticipated — he’s reportedly about to become part owner of an NFL team.

Earlier this week it was announced that Jay-Z’s company Roc Nation had partnered with the NFL for live entertainment programming. However, TMZ Sports is reporting that the rapper will have a much bigger role with the league.

Jay is going to have a “significant ownership interest” in an NFL team, TMZ reported on Friday, although it’s not known what team that will be.

 

“It is going to happen in the near future,” a source told the website. “He’s a huge fan, already has a sports business and wants to continue to be a change agent for the NFL.”

 

SOURCE:

 

http://www.msn.com/en-xl/northamerica/northamerica-life-arts/jay-z-to-become-part-owner-of-nfl-team-report/ar-AAFVqI9?li=BBQbcGp&ocid=spartandhp

How a Nigerian listed as the Forbes one of the 100 most influential African was arrested by FBI.

The Federal Bureau of Investigation (FBI) in the United States has apprehended a Nigerian serial entrepreneur identified as Obinwanne (Invictus Obi) Okeke.
Legit.ng gathers that Okeke, who was listed among Forbes 100 Most Influential Young Africans 2018, was arrested by the FBI over $12m fraud.

The FBI did a thorough investigation on the criminal activities of the Nigerian entrepreneur, which led to his arrest by the law enforcement agency.

 

Social media has been agog with the report of the arrest, as some Nigerians condemned the fraudulent act of the entrepreneur, while others called on the Nigerian security agencies to learn from the FBI.

Okeke was alongside three others, nominated for the most prestigious award for African businessmen/entrepreneurs, the All African Business Leaders Award for Young Business Leader (West Africa).

 

Obi has investment in real estate development, energy and construction. His company, Invictus Group, operates in three African countries, which include Nigeria, South Africa, and Zambia.

In his reaction to the arrest, the head of the Presidency Office of Digital Engagement, Tolu Ogunlesi, advised aspiring fraudsters to have a change of mind, saying if the Economic and Financial Crimes Commission (EFCC) does not arrest them, the FBI will.

 

He tweetd:

 

“If you’re a practicing or aspiring Yahoo Boy, please read this affidavit well. If EFCC doesn’t get you, FBI will. They’ve both ramped up their clampdown on computer and wire fraud.”

Below are other reactions:

Meanwhile, Legit.ng previously reported that the Economic and Financial Crimes Commission (EFCC), Lagos zonal office, arrested the proprietor of a Yahoo Yahoo training school in Lagos, Frank Chinedu.

Chinedu, 22, according to the anti-graft agency, was arrested alongside eight students of the unnamed training centre located at 14, Animashaun street, Progressive Estate, Ojodu Berger, Lagos, while receiving lectures in internet fraud activities.

The suspected internet fraudsters were arrested under cover on May 22, 2019, following intelligence reports received by the commission about their involvement in alleged criminal activities.

 

SOURCE:

 

http://www.msn.com/en-xl/africa/nigeria/fbi-arrests-forbes-under-30-nigerian-obinwanne-okeke-for-dollar12m-fraud-nigerians-react/ar-AAFVMc6?li=BBQbcGp&ocid=spartandhp

Why Protest for the release of IMN leader and his wife will continue in Nigeria?

Followers of the embattled leader of Islamic Movement of Nigeria (IMN ), Ibraheem El- Zakzaky has given Nigerian government till Monday to allow their leader seek medical treatment in any country of his choice or resume another round of protest.
El-Zakyzaky, who arrived Nigeria on Friday at 11:39am aboard Ethiopian airline ET 911 alongside his wife, Zeenah following the excruciating condition and treatment at the hospital Mendata Hospital in India.

He had accused of Nigerian government of interference and scuttling the whole process rather than supervision as ordered by the court.

 

Irked by the role played by the government in the medical trip the movement vowed to resume their daily protest to compelling the government to obey court order.

The sect also asked the security operatives to disclose the whereabouts of their leader after he was whisked away upon his arrival at the Nnamdi Azikiwe International to an unknown destination.

In a press statement signed by the President of the Media Forum of the movement, Ibrahim Musa in Abuja on Friday said that the movement would continue with the struggle to forcing the government in complying with the court order.

According to the statement “We vehemently condemn the way the security agents whisked him away upon arrival without allowing the multitude of journalists that were waiting for him for hours to have a chat with him.

“We urge the security agency holding him hostage to declare to the public where they are keeping him in the country. The interference of the government raised suspicion that it was planning to kill the Sheikh in India using its international connections.

“He insisted that if he would not be allowed to see the doctors that brought him to India, he would rather come back to Nigeria and seek another destination for his treatment. This became clear because of the government’s stance insisting on other doctors than the ones that he was in India to meet.”

The sect noted that the Nigerian authorities had shown that they were not comfortable with the leave granted to its leader to seek medical treatment outside the country.

IMN pointed out that it was obvious that the Nigerian government had an ulterior motive when it connived with the India government in violating court order and interfered with the treatment.

“The Islamic Movement will however continue its struggle to ensure that our leader gets the appropriate medical treatment he deserves as ordered by the Kaduna High Court.

“And as we continue with the struggle, we wish to reiterate our call for the Federal government to comply with an earlier Abuja High Court that has freed him since 2016. We believe obedience to this court order will finally solve the crisis that has been lingering since the Zaria genocide of December 2015.”

The statement noted that El-Zakyzaky and his wife were forcefully wheeled into a hospital upon their arrival in India without their personal physician that accompanied them from Nigeria.

“They were then subjected to physical examination in the absence of the doctors that initially examined them in Nigeria and when they requested for their presence, it was turned down.

“Another physician that came from London was also denied access to them despite his familiarity with the Sheikh’s case from Nigeria. It was at this point that Sheikh Zakzaky lost confidence in the whole process and refused any further attempt to have him forcibly treated.”

The sect however stated that the hospital compromised its independence and medical ethics for treating without obtaining consent of the patients.

The daughter of the Islamic scholar, Shuhailat Ibraheem Zakzaky, who spoke to Saturday INDEPENDENT condemned the action of Nigerian government in making the hospital environment hostile for her father.

She called on the government to allow her father to travel to any country of his choice for medical treatment. She berated the Indian authorities to be swayed by the antics of Nigerian government to frustrating the entire process.

While calling on government to stop the undue interference and harassment, Shuhailat stated that leaving him unattended in Nigeria would worsen his condition.

“Naturally it will worsen his condition but I do hope that they will be wise and allow him to be treated at different destination of his choice and not interfere with the process. It poses a huge danger considering that his condition has been urgent for the months and he has not received proper medicare,” she stated.

On his part, the spokesperson of the movement, Abdullahi Musa said that the movement would give the government till Monday to do the needful and allow him to travel for proper medicare.

His words:

“We want to see what will happen from now till Monday. In the first place, we don’t know the whereabouts of Sheik. The reason Sheik came is because of the attitude of the government to the treatment. So the government should do the right thing and allow the Sheik to go to any place of his choice and get medical care because he is sick,” Musa stated.

Meanwhile, the pan Yoruba socio-political organisation, Afenifere has warned that the return of Sheikh Ibraheem El-Zakzaky to Nigeria may further aggravate an already tensed situation in the country. Speaking with Saturday INDEPENDENT, Yinka Odumakin, the organisation’s National Publicity Secretary said they are praying the Shiites leader will not die like Mohammed Yusuf, the founder of Boko Haram.

According to him, having complained of the inhuman condition he was being subjected to in the Indian hospital, the Federal Government should have allowed Zakzaky to have medical attention at any hospital of his choice while he also bears the medical expenses.

“The return of Zakzaky is most unfortunate. It may aggravate tension in the country and we pray he does not die like the daughter is warning. We saw how Yusuf death radicalised Boko Haram. The Federal government should have managed the situation better in the interest of the nation.

“He should have been allowed a facility of his choice and at worst be made to be responsible for his bills.

“A lot of responsibility is expected from leadership in this kind of situation,” Afenifere said.

However, Justice Uhuegbu, a lawyer and activist has said that the Sheik leader’s return will not cause tension as long as security operatives do not re-arrest and taken back to custody.

The president of Youth Arise Initiative said that as long as they had not jumped bail and the period for which they were allowed to return to court had not elapsed, they were free to invite their personal doctor to the country to attend to them. He maintained that it was against their fundamental human rights to be denied access to their personal physician while in India.

The activist said that the rumour that Department for State Service (DSS) would re-arrest them the moment they stepped into the country could aggravate tension but he said it was a mere rumour because according to him government should be aware of the implication of breaching the court order. He said that all parties must ensure that they kept their part of the agreement so there would not be unnecessary chaos.

Uhuegbu said that the couple should be allowed access to their personal physician and wondered why there was controversy between the couple and the Indian government on the issue. He emphasised the need for them to be in sound health condition to answer to the criminal charges against them when they return to court.

“The most important thing is that the court has granted them bail on medical grounds for them to attend to their deplorable health condition after which they would be expected to return to court for hearing at the expiration of the period. The couple on their part have not jumped bail. If the time comes and they are not available there must be an affidavit to the effect that they are still undergoing treatment. They have the right to be attended to by their personal doctor. There shouldn’t be much fuss about this issue. I still don’t understand why they were denied access to their personal physician from the report we got from his members. They have a right to access their personal doctor. It is their fundamental human right,” he said.

 

SOURCE:

 

http://www.msn.com/en-xl/africa/nigeria/shiites-vow-to-resume-protest-ask-fg-to-disclose-el-zakyzakys-whereabouts/ar-AAFVVHq?ocid=spartandhp