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Leon Black pays settlement to U.S. Virgin Islands to avoid Epstein legal claim. ($62.5 million)
Reuters ^ | 7/21/23

Posted on 07/22/2023 9:36:29 AM PDT by Libloather

July 21 (Reuters) - Apollo Global Management Inc (APO.N) co-founder Leon Black paid $62.5 million to the U.S. Virgin Islands to avoid any legal claims tied to a Jeffrey Epstein sex-trafficking investigation, the New York Times reported on Friday.

The Times obtained a copy of the settlement agreement from the Virgin Islands government through a public records request. The settlement was reached in January.

A spokesperson for Black confirmed in an emailed statement to Reuters that Black had settled with the Virgin Islands, noting that there was no suggestion in the settlement "that Mr. Black was aware of or participated in any misconduct."

The spokesperson went on to say that, as previously known, Black had paid Epstein for "legitimate financial advisory services" and that Black had "resolved the (Virgin Island's) potential claims arising out of the unintended consequences of those payments."

Word of Black's settlement follows a demand earlier this month from the Virgin Islands that JPMorgan Chase pay at least $190 million, and possibly more, to resolve its lawsuit accusing the largest U.S. bank of ignoring the disgraced late financier Epstein's sex trafficking. The bank has denied that it knew about abuses by Epstein, who was a client from 1998 to 2013.

Epstein killed himself in 2019 while awaiting trial on sex-trafficking charges.

A New York state judge in May dismissed a lawsuit accusing Black, 71, of defaming a woman by falsely claiming she tried to extort him after accusing him of rape, which he denied.

Black still faces a lawsuit from another woman, Cheri Pierson, who has accused him of raping her two decades ago in Epstein's mansion in Manhattan. Black has denied any wrongdoing.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Conspiracy; History; Local News
KEYWORDS: billionaire; black; epstein; lawsuit
Bribery still works. Meanwhile, Ghislaine languishes behind bars for trafficking sex to no one in particular.
1 posted on 07/22/2023 9:36:29 AM PDT by Libloather
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To: Libloather
Ghislaine languishes behind bars

Didn’t she already say, she would not commit suicide?

2 posted on 07/22/2023 9:45:58 AM PDT by Mark17 (Retired USAF air traffic controller. Father of USAF Captain & pilot. Both bitten by the aviation bug)
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To: Libloather

Isn’t it nice to know that you can rape all the children you want as long as you can write a check big enough so that the authorities all get PAID, and face no consequences...


3 posted on 07/22/2023 9:55:12 AM PDT by eyeamok
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To: eyeamok

I preferred the fake reality I was given as opposed to the actual reality…


4 posted on 07/22/2023 10:00:18 AM PDT by EEGator
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To: Libloather
there was no suggestion in the settlement "that Mr. Black was aware of or participated in any misconduct."

No. None at all. No one would think that. He just handed over $62M because he felt it would be a bit of hassle to spend time in court demonstrating how profoundly innocent he is.

5 posted on 07/22/2023 10:00:24 AM PDT by ClearCase_guy (It's not a government. It's a criminal enterprise. Fear it, but do not respect it.)
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To: Libloather

Interesting back story on Mr. Black and his father, if Wikipedia is to be believed.


6 posted on 07/22/2023 10:03:01 AM PDT by CletusVanDamme (The breaking point will be reached soon. )
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To: Libloather

Shouldn’t they have paid him instead?

are they racists or something ?


7 posted on 07/22/2023 10:11:00 AM PDT by algore (tv)
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To: Libloather

OJ Simpson is unimpressed.


8 posted on 07/22/2023 10:15:01 AM PDT by Manic_Episode (A government of the government, by the government, for the government)
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To: Libloather

He played his Stay Out of Jail for $62.5 Million card.


9 posted on 07/22/2023 10:36:13 AM PDT by Southside_Chicago_Republican (The more I learn about people, the more I like my dog. )
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To: Libloather
As far as I know, there is only one witness who claims underage sex happened on Pedo Island.

That witness is the woman who claims she had sex, one time, with Prince Andrew, when she was 17, on Pedo Island.

No one else has claimed underage sex on Pedo Island.

Why are individuals and corporations paying HUGE settlements to the Virgin Islands when no one else is claiming damages?

10 posted on 07/22/2023 11:04:53 AM PDT by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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To: zeestephen

The Lolita Express has come to light, and the cockroaches know it.


11 posted on 07/22/2023 11:34:13 AM PDT by Fester Chugabrew (Seriously.)
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To: Libloather

When you look up “compromised” in the dictionary, it should reference the CIA and Epstein with a big smile on his face.


12 posted on 07/22/2023 11:38:33 AM PDT by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: Fester Chugabrew
Re: "The Lolita Express has come to light, and the cockroaches know it."

First, you need to prove the existence of the Lolita Express.

Between the early 2000s and his death, Epstein, and his estate, have been sued by about 30 women who claim underage sex.

Only one of those women even mentioned Pedo Island, and that was for a one night stand with Prince Andrew.

None of the other lawsuits even mention Pedo Island or Epstein's private jet.

All the other lawsuits mention Palm Beach (including the Trump hotel) or Epstein's New York City townhouse.

And, almost all the lawsuits specifically mention Epstein, but no other men.

As of today, the Lolita Express is a total fiction, except for the Prince Andrew event, which Prince Andrew claims is also a total fiction, but cannot prove.

13 posted on 07/22/2023 5:43:55 PM PDT by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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