Arab Press

بالشعب و للشعب
Saturday, Feb 22, 2025

$125M from Epstein estate awarded to approximately 150 victims

$125M from Epstein estate awarded to approximately 150 victims

Around 225 people filed claims and 92% of eligible claimants accepted offers

The estate of Jeffrey Epstein has awarded $125 million to approximately 150 victims who filed claims against the late financier.

The program has closed after providing relief to 92% of eligible claimants who accepted their compensation offers, according to a spokesman for the estate. Around 225 people filed claims, far exceeding the 100 claims the estate had estimated it would receive.

"This important, independent Program allowed victims/survivors who were sexually abused by Jeffrey Epstein to resolve their claims outside of court through a voluntary, confidential, fair, empathetic and expeditious process – beyond the glare of public proceedings and without the costs and confrontation of litigation," independent Administrator Jordana H. Feldman said.

Epstein, 66, was a hedge fund manager who hobnobbed with the rich, famous and influential, including former President Bill Clinton and a British prince.

He died in August 2019 after he was found unresponsive in his cell in the Metropolitan Correctional Center in Manhattan, N.Y., prison officials said at the time. The New York City Medical Examiner determined he committed suicide by hanging, but his death and the circumstances are still subject to investigation.

INFAMOUS DARKSIDE RANSOMWARE REBORN AS NEW CYBER THREAT: REPORTS


At the time of his death, Epstein was awaiting trial on federal charges of sex trafficking and conspiracy after investigative reporting by The Miami Herald stirred outrage over the 2008 plea bargain. He was accused of sexually abusing dozens of underage girls.

The claims process laid bare a more concrete extent to Epstein’s abuse.

TWO EX-BANK OF AMERICA TRADERS ACCUSED OF SPOOFING FOUND GUILTY


Feldman stressed that the claimants received full confidentiality in a "safe space" to share "intimate, personal, often harrowing accounts" of their experiences with Epstein.

"Given the history of the Epstein case, we were also particularly mindful of the importance of providing claimants transparency into the claims process and offering them an opportunity to tell their stories," Feldman added. "Every decision made and every action taken was rooted in these guiding principles."

Feldman stated that "no amount of money will erase the years of pain" the victims suffered, but she believes that the compensation will serve as a "measure of justice" and provide a much needed step towards healing.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
The negotiation teams of Trump and Putin meet directly, establishing the groundwork for a significant advance.
Israeli Minister Urges Hamas to Surrender and Depart from Gaza.
Iran Considers Moving Its Capital Due to Urban Difficulties
Israel and Hamas Finalize Sixth Exchange of Hostages and Prisoners During Continuing Gaza Ceasefire
Leaders of BRICS to Gather in Rio de Janeiro for July Summit
Muhsin Hendricks, a trailblazing openly gay imam, was killed in South Africa.
Trump's special envoy for hostage affairs cautions Hamas against challenging Trump before Saturday's deadline.
Two British citizens apprehended in Iran amid escalating tensions.
Israel Issues Threat of Military Action as Hostage Negotiations with Hamas Continue
Hamas Coordinates Worldwide Solidarity Marches in Reaction to U.S. and Israeli Initiative
Israel Warns of Ending Gaza Ceasefire Due to Hostage Situation
King Abdullah II Dismisses US Proposal to Relocate Palestinians, Commits to Welcoming Gaza Children.
Lebanon Installs New Government with Hezbollah's Impact on Key Ministries
Report: Iran Attempted to Assassinate Trump During Election Campaign
U.S. Authorizes $7.4 Billion Arms Sale to Israel
Iran's Supreme Leader Rejects Nuclear Negotiations with the U.S.
UN Chief Denounces Trump's Gaza Plan, Cautions Against Ethnic Cleansing
Pressure Intensifies for a Free Trade Agreement between the UK and GCC in Light of Economic Difficulties
Israel to Withdraw from UN Human Rights Council Due to Accusations of Anti-Semitism
EU Reaffirms Gaza's Essential Role in Future Palestinian State Following Trump's Proposal
Iranian Currency Reaches All-Time Low Amid US 'Maximum Pressure' Initiative.
UN Reaffirms Ban on Deportation from Occupied Territories Amid US Gaza Proposal
Palestinians Fear Repeat of 'Nakba' Amid Ongoing Crisis in Gaza
UAE Aids in the Exchange of 300 Prisoners Between Russia and Ukraine
Egypt Seeks Global Backing for Two-State Solution Following US Proposal for Gaza Plan
Trump's Suggestion to 'Seize Control' of Gaza Represents a Significant Shift in US Policy
French President is the first EU leader to extend congratulations to the new Syrian President.
Tunisian President Appoints New Finance Minister Amid Economic Crisis
Trump Suggests U.S. 'Takeover' of Gaza, Prompting Global Worries
Trump's Proposal for Gaza Provokes Global Debate
President Trump Suggests Moving Gaza's Palestinian Population
Aga Khan IV, Spiritual Leader and Philanthropist, Dies at 88
Erdogan and Syria's Sharaa Talk About Collaboration to Counter Kurdish Militants
Trump Suggests U.S. Control of Gaza Strip Amid Ongoing Conflict
Trump Resumes 'Maximum Pressure' Strategy to Limit Iran's Oil Exports.
Ex-British Soldier Sentenced for Espionage on Behalf of Iran and Fleeing from Prison
Gazans in Egypt Reject Displacement, Struggle with Return to War-Torn Home
Queen Rania Urges Protection of Children’s Rights at Vatican Summit
Hamas Officials Ready to Begin Negotiations for Phase Two of Gaza Truce
Trump Expresses Caution Over Gaza Ceasefire as Netanyahu Visits Washington
Oman to Host 18th Indian Ocean Conference on Maritime Security and Trade
Emir of Kuwait Meets BlackRock CEO for Talks on Investment Opportunities
Queen Rania of Jordan Calls for Global Action on Children’s Rights at Vatican Summit
Egyptian President El-Sisi Invited for White House Meeting Following Jordanian King’s Visit
Queen Rania Calls for Protection of Children’s Rights at Vatican Summit
Israeli Military Operations Continue on Lebanon Border Amid Ceasefire Tensions
Israeli Hostage's Release Highlights Uncertainty Over Family's Fate
Israeli Military Operations Escalate in Southern Lebanon Amid Hezbollah Tensions
Zayed Award for Human Fraternity Announces 2025 Honorees
Kuwait Anticipates a 12% Increase in Budget Deficit for the 2025-2026 Fiscal Year
×