Jeffrey Epstein attends Launch of RADAR MAGAZINE at Resort QT on Could 18, 2005.
Patrick McMullan | Getty Photographs
Accused baby intercourse trafficker Jeffrey Epstein is value greater than $500 million, federal prosecutors mentioned Friday in a courtroom submitting that urged a decide to disclaim Epstein’s bid to be launched on bail.
Prosecutors additionally mentioned that proof means that Epstein was making an attempt to affect, with funds of cash, “co-conspirators who would possibly present info in opposition to him.”
In latest months, prosecutors mentioned of their submitting, Epstein has been “paying important quantities of cash to affect people who have been near him in the course of the time interval charged on this case and who is perhaps witnesses in opposition to him at a trial.”
The funds started two days after the Miami Herald started publishing tales in November, the submitting Friday mentioned. On Nov. 30, Epstein allegedly wired $100,000 to a belief account managed by an individual named as a attainable co-conspirator in a non-prosecution deal he had signed with federal prosecutors in 2007.
The statements about Epstein’s wealth have been based mostly on information from an unnamed monetary establishment, they mentioned.
“The identical information seem to point out that simply three days after that, on or about December 3, 2018, the defendant wired $250,000 from the identical belief account to a different particular person named as a attainable co-conspirator within the [non-prosecution agreement]and in addition recognized as one of many defendant’s workers within the Indictment,” prosecutors wrote.
The information obtained from that monetary establishment additionally confirmed that Epstein, 66, earns greater than $10 million in revenue yearly, in line with the federal government’s submitting.
Epstein’s lawyer, Reid Weingarten, didn’t instantly reply to CNBC’s request for touch upon the federal prosecutors’ courtroom submitting.
The submitting in U.S. District Courtroom in Manhattan got here a day after Epstein’s legal professionals urged a decide in their very own submitting to launch him on a private recognizance bond that may very well be secured by a mortgage on his Higher East Facet townhouse, which is value upwards of $77 million.
Prosecutors known as Epstein — who had been associates with presidents Donald Trump and Invoice Clinton — “a serial sexual predator who’s charged with abusing underage women for years.” They argue that he can be a flight threat if launched on bail, and in addition would pose a hazard to the general public.
Epstein is charged with intercourse trafficking in an indictment that claims he sexually abused dozens of feminine minors, some as younger as 14 years outdated, from 2002 by means of 2005.
He has pleaded not responsible within the case. A detention listening to is scheduled for Epstein on Monday morning.
He presently is being held in a federal jail in decrease Manhattan.
Epstein’s legal professionals on Friday morning had filed a supplemental monetary disclosure doc beneath seal within the case. That they had requested for that info to be saved secret from the general public due to the massive quantity of media curiosity in Epstein’s case.
The prosecutors describe Epstein’s sealed monetary disclosure as a “minimal” and “token” submission that leaves many questions on his huge wealth unanswered. They warned the decide that Epstein’s “woefully insufficient” bail proposal doesn’t mitigate his potential flight threat.
“Nothing within the proposed package deal would stop the defendant from transferring liquid property in another country rapidly and in anticipation of flight or relocation,” prosecutors wrote.
Of their new submitting, prosecutors listed Epstein’s big selection of dear property as they laid out their argument in opposition to his bail request.
Epstein, they wrote, has “entry to innumerable means to flee,” together with 15 motor autos comparable to “seven Chevrolet Suburbans, a cargo van, a Vary Rover, a Mercedes-Benz sedan, a Cadillac Escalade, and a Hummer II.”
Epstein additionally has a minimum of two personal jets in energetic service, and U.S. Customs and Border Safety knowledge exhibits a minimum of 20 flights wherein Epstein was touring to or from the U.S., the submitting mentioned.
Even when he put up his expansive Manhattan townhouse as collateral, prosecutors mentioned, he nonetheless owns a number of residences around the globe, together with a personal island.
Learn prosecutors’ submitting about Jeffrey Epstein right here.