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Investigation into Epstein’s finances continues despite death

August 12, 2019

Posted by Yvonne Zacharias

Geoffrey Berman, the U.S. attorney for Manhattan, said on Saturday his office’s investigation into Jeffrey Epstein and those around him would continue, despite his death.

Executives at the companies with the deepest connections to Epstein expect that federal prosecutors will intensify their focus on his financial affairs, reports the New York times. (nyti.ms/2YHqs8H)

Prosecutors have said Epstein owned two airplanes and had “extreme” wealth, although he did not answer the government’s questions about his property and other assets, reports CNN. (https://www.cnn.com/2019/07/08/politics/jeffrey-epstein-bio/index.html)
His holdings included homes in New Mexico, France and the Virgin Islands — where he owned both Little St. James and Great St. James islands — according to the Miami Herald. Prosecutors credited the newspaper’s investigation with bringing to light details and accusations that had led to the new charges.
New York magazine reported that Epstein did not complete his bachelor’s degree and was described as a brilliant money manager. He is said to have landed the job on the recommendation of a student’s father while teaching math at Dalton, a college prep school in New York.
After a few years at Bear Stearns, he founded his own firm and exclusively took on clients worth more than $1 billion.

Meanwhile, the New York City medical examiner’s office said Sunday that it had completed an autopsy of the financier and accused sex trafficker but that it needed more information before determining the cause of death, reports NBC. (https://www.nbcnews.com/news/investigations/after-autopsy-cause-jeffrey-epstein-s-death-awaits-further-information-n1041216)

Multiple people briefed on the investigation told NBC News that suicide remains the presumed cause of death and that no sign of foul play has emerged in the day and a half since Epstein, 66, was found unresponsive in his federal jail cell in lower Manhattan on Saturday.

  • Jeffrey Epstein, sex trafficker
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