Jeffrey Epstein Appeals for not Being Guilty to Sex Trafficking Charges Levied on him

Earlier it was reported by Bryan Llenas that 66-year-old hedge fund manager Jeffrey Epstein was summoned for 45 years of imprisonment. When on 6th July, Saturday, Jeffrey was arrested and taken into custody, several media companies claimed that he is a big billionaire.

Rumours are rife that Epstein owns luxuries which include six residences out of which one is a 100-acre private island in the Caribbean and another is a big mansion in New York. All this is reportedly valued at $77 million. In addition to this, he also owns 15 cars and two private jets.

Well whether this information is true and does Epstein in reality is holding such a fortune is still a question mark as there is very little evidence to prove it. Till date, this 66-year-old financier has been very private about his source of wealth. When the authorities questioned his attorney, they remarked that Epstein’s lawyers do intend and will surely provide the information but before that they themselves want to be doubly sure whether this is correct in the first place.

According to federal prosecutor Alex Rossmiller, Epstein is a man of nearly infinite means. In 2006, it was reported in the Palm Beach Post that Epstein only prefers to handle money for the extremely wealthy accounts of $1 billion or greater.

Recently there was an article published in The New Yorker which labels the career of Epstein as a Mystery because no one really knows how much the financier is worth. A decade ago, his lawyers informed that Epstein had a net worth in excess of nine figures.

In 2010, Forbes reported a new headline which stated that “Epstein is not a billionaire“. According to the news article there is scant proof that he holds a ten-figure fortune.

Recently, Epstein has been charged with the sex trafficking of dozens of underage girls from 2002 to 2005. He will be in the jail custody up to his July 15 bail hearing. On 8th July, he had appeared in the New York City federal court where he pleaded not being guilty to the charges that have been levied on him for sexually exploiting and abusing underage girls.


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Thomas Brown

Thomas Brown is the go to member of the team when it comes to retail sector news and reporting. His dedication towards sifting through the stories and writing the most essential material is what makes him a valuable member of the Business Deccan family.

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