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21 August, 2019 00:00 00 AM
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Epstein put assets in trust ‘two days before suicide’

AFP, New York
Epstein put assets in trust ‘two days before suicide’

Disgraced financier Jeffrey Epstein wrote a will two days before he died, putting his $578 million in assets into a trust with unnamed beneficiaries, the New York Post reported Monday. Epstein, a wealthy hedge fund manager who befriended many politicians and celebrities over the years, hung himself in prison on August 10 as he awaited trial on sex trafficking charges. On August 8, he signed a last will and testament filed  in the Virgin Islands, where he owned a private island, transferring his wealth into “The 1953 Trust,” the Post reported. It posted a copy of the will online showing that Epstein claimed he had more than $56.5 million in cash, equities of over $300 million as well as a fixed income of more than $14 million. Epstein also listed six luxury properties, including in New York, Florida and Paris and more than $18 million in “aviation assets, automobiles and boats,” the Post added. The document did not name any listed beneficiaries. Bloomberg News reported that the move could make it more difficult for Epstein’s alleged victims to sue his estate. Several women have filed lawsuits seeking damages for sexual abuse. Epstein was accused of trafficking girls as young as 14 for sex. He denied the charges but faced up to 45 years in jail if found guilty.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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