USVI records the largest monetary settlement in its history
The US Virgin Islands (US V.I) Attorney General Denise George said the V.I Department of Justice has settled with the Jeffrey Epstein Estate for $105 million, the largest monetary settlement in the history of the Virgin Islands.
The settlement also includes co-defendants Darren Indyke and Richard Kahn and ten Epstein-created entities.
In addition to the $105 million in cash settlement the V.I will also receive half of the proceeds from the sale of Little St. James, the island on which Epstein resided and where many of his crimes occurred, the Department of Justice said.
The Estate has also agreed to pay $450,000 to remediate environmental damage around Great St. James, another island which Epstein owned where the government found that he had razed the remains of centuries-old historical structures of enslaved workers to make room for his development.
“This settlement restores the faith of the People of the Virgin Islands that its laws will be enforced, without fear or favor, against those who break them. We are sending a clear message that the Virgin Islands will not serve as a haven for human trafficking,” A.G. George stated.
The Virgin Islands alleged the co-defendants conspired with Epstein in carrying out an expansive criminal enterprise, the “Epstein Enterprise,” through which dozens of young women and children were trafficked, raped, sexually assaulted, and held captive in the Virgin Islands at Little St. James.
The participants used deception, fraud, and coercion to entice and lure vulnerable girls and young women into human sex trafficking with promises to help them and their families pay for school, health care, or other financial needs according to the Department of Justice.
On July 8, 2019 Epstein pleaded not guilty to charges of sex trafficking and conspiracy to commit sex trafficking and faced a maximum prison sentence of 45 years if convicted
On August 10, that same year the U.S. Department of Justice says Epstein was found unresponsive in his cell from an apparent suicide at the Metropolitan Correctional Center in New York.
Sources say alleged that Epstein had hanged himself.
This story was first published by Antigua News on : antigua.news/2022/12/03/us-vi-records-the-largest-monetary-settlement-in-its-history. © 2022 Antigua News. Republication without permission is not allowed.

About the author
Shermain Bique-Charles is an accomplished journalist with over 24 years of dynamic experience in the industry. Renowned for her exceptional storytelling and investigative skills, she has garnered numerous awards that highlight her commitment to journalistic integrity and excellence. Her work not only informs but also inspires, making her a respected voice in the field.
Read our editorial standards and corrections policy. Spotted an error? Contact the newsroom.
More from Caribbean
View section
VIDEO: Doctors at Dominica China Friendship Hospital Stage Protest Outside Medical Facility
Healthcare professionals at the Dominica China Friendship Hospital gather outside the medical facility in an apparent protest, raising concerns over issues yet to be officially confirmed.
By Cory Wayland
St. Kitts DPP Seeks Antigua’s Help in Outstanding Case Involving Former Resort Clerk
By Shermain Bique-Charles
Royal Caribbean in Talks to Buy Half of Sandals in Reported $3 Billion Deal
By Shermain Bique-Charles
Four Killed in Latest US Military Strike on Suspected Drug Vessel in Caribbean
By Shermain Bique-Charles
Comments
Be the first to comment.