Posted on 08/11/2019 2:33:23 PM PDT by bitt
COLUMBUS, Ohio — The money, tens of millions of dollars of it, would flow among Jeffrey Epstein’s dozens of bank accounts, shell companies and, at times, charities linked to high-powered friends.
Where was the money going? What was it for? Who was actually sending and receiving it?
A convicted pedophile and accused sex trafficker who surrounded himself with an elite network of business and political leaders, Mr. Epstein enjoyed the trappings of great wealth: private jets, mansions, his own island. But much remains unknown about the sources of his wealth.
Legions of lawyers, bankers and accountants have been trying in recent weeks to solve that mystery, and their quest is unlikely to end after Mr. Epstein was found dead on Saturday morning. The answers could illuminate how Mr. Epstein allegedly operated a long-running sex-trafficking operation, whether he had help from others and who — including Mr. Epstein’s victims — will receive any of his remaining assets. It is not known if Mr. Epstein had a will.
[Update: Why the Epstein investigation is not over.]
Interviews with people briefed on various investigations into Mr. Epstein’s wealth, and legal and financial documents in multiple countries, show that tens of millions of dollars coursed through his offshore companies and foundations in sometimes unusual ways. In the early 2000s, for example, $88 million appeared in Mr. Epstein’s Virgin Islands-registered company that normally was home to only small amounts of money. At another point, an entity once linked to Mr. Epstein sent tens of millions of dollars to the charity of a billionaire retail tycoon, Leslie H. Wexner — years after Mr. Wexner has said he severed ties with Mr. Epstein.
Executives at the companies with the deepest connections to Mr. Epstein expect that federal prosecutors will intensify their focus on his financial affairs. ..
(Excerpt) Read more at nytimes.com ...
P
My bet is on kite and ponzi.
I wonder how much is in secret accounts, that will just be forgotten.
The investigators are corrupt.
There is nothing in this country that isn’t corrupt.
You’re right. The US is now as corrupt as any country on earth.
A Democrat through and through. They must be going nuts.
I would expect that if these secret accounts don't have another person or persons who can access them , the account holders will consider it "found money". -Tom
Yeah, to hell with all the pedophilia crimes of the rich and powerful. The Just-Us Department will be worrying about financial process crimes. (Primarily to see to it that all of Epstein’s coffers end up in the hands of the Just-Us Department, and not his heirs.)
Who gets Pedophile Island? Who gets his private jet Pedophile One?
boy scouts interested
“I wonder how much is in secret accounts, that will just be forgotten.”
i wondered about that as well ...
Was he ever married, children, siblings, relatives????
Maybe the Cabal does hard time for tax evasion via charity fraud
Epstein's connections to Ghislaine Maxwell need to be explored. Her father, Robert Maxwell, also had a flamboyant lifestyle; he often flew in his helicopter, and sailed in his luxury yacht, the "Lady Ghislaine." In 1991, his body was discovered floating in the Atlantic Ocean, having fallen overboard from his yacht. Maxwell's death triggered the collapse of his publishing empire as banks frantically called in huge loans they had foolishly made to him. ....... then news emerged that Maxwell had stolen hundreds of millions of pounds from his own companies' pension funds.
They just hired Robert Mueller and his team to do the investigation
Epstein’s financial folderol means we need to dig deeper-—to determine the source of his money and the circuitous route it took, then landed back into his personal coffers.
Could have happened like this:
BACKSTORY When he went to jail, investigators found Ponzi King Bernie Madoff had stashed billions offshore-——into a labyrinth of financial entities.....all unknown to his investors.
COLLUSION AND CONSPIRACIES GALORE Some $8.9 billion was funneled to Madoff through a dozen so-called feeder funds based in Europe, the Caribbean and Central America......
The labyrinth of hedge funds, management companies and service providers, to unsuspecting outsiders, seemed to compose a formidable system of checks and balances.
But the purpose of this complex architecture was just the opposite: the feeder funds provided different modes for directing money to Madoff in order to avoid scrutiny.
The Lolita Express was sold before Epstein was arrested. No search warrant placed on it. His estates in New Mexico and Little St. James Island: no search warrants here, either. His island is one of the U.S. Virgin Islands. Work crews for months on the island, doing ??? No questions from authorities or attempts to preserve evidence.
I hear he funded a chain of pizza shops...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.