Jeffrey Epstein Estate Agrees to Pay Up to $35 Million to Settle Claims by Dozens of Victims

New York. The estate managing the assets of notorious American sex offender Jeffrey Epstein has agreed to pay up to $35 million to settle legal claims by dozens of victims. According to a proposal filed in court on Thursday, individuals who were sexually abused, exploited, or trafficked by Epstein between 1995 and 2019 will receive this compensation.

The proposed settlement states that the compensation amount will be based on the number of victims. If the number of eligible victims reaches 40 or more, the estate management will pay $35 million. However, if the number is less than 40, a payment of only $5 million is stipulated. Epstein was found dead in his jail cell on August 10, 2019.

Epstein's former lawyer, Darren Indyke, and former accountant, Richard Kahn, who are managing Epstein's estate, have maintained that they did not engage in any wrongdoing. The proposed settlement also clarifies that it does not imply they admitted fault or will be liable for any other future claims. This agreement is still pending approval from a federal judge in New York to take final effect.

While lawyers for the victims have not commented in detail immediately, it has been stated that final agreements are still pending with at least 40 victims. This compensation offer emerged immediately after the US Department of Justice released millions of documents, photographs, and videos related to the Epstein investigation.

Epstein's case, which involved connections to powerful politicians, businessmen, and famous personalities, caused a major stir worldwide. The proposed compensation is viewed as a final attempt to resolve this long-running, sensitive legal entanglement.