The late, disrespectful financier owns two neighboring islands.
Convicted sex offender Jeffrey Epstein’s estate executives have listed for sale two private Caribbean islands owned by the late financier off the east coast of St. Thomas in the U.S. Virgin Islands, an estate attorney told ABC News on Wednesday.
Inquiry price: $ 125 million, according to two sources.
Epstein bought the private island of Little St. James in 1998 for about 8 8 million and established his permanent residence there in 2010 when he was released from his first prison in Palm Beach, Florida. He chose to refer to his estate there as “Little St. Jeff’s,” which emerged last year during the criminal trial of his ex-girlfriend, Ghiselin Maxwell.
Epstein later acquired ownership of Greater St. James, a larger, neighboring island, and was in the process of building a new estate there at the time of his arrest in 2019, according to U.S. Virgin Islands court and property records.
The Wall Street Journal reports the first list news.
The islands are currently plagued by “criminal activity” by the US Virgin Islands Attorney General, Dennis George, who filed a civil litigation lawsuit against the estate in early 2020. The lawsuit alleges that Epstein created a network of shell companies, charities and individuals who participated in and conspired with him in a pattern of decades-long criminal activity involving the sexual trafficking of underage girls and young women.
“Epstein, through and in connivance with the defendants, trafficked, raped, sexually assaulted and detained underage girls and young women on his property in the Virgin Islands,” the complaint said.
ABC News reported earlier this month that Epstein estate lawyers are in talks with the U.S. Virgin Islands government. An estate attorney described both parties as “extraordinarily close” to reaching a negotiating decision.
Daniel Weiner, a lawyer for the estate, confirmed to ABC News on Wednesday that the properties were listed for sale. Any sales proceeds, Weiner said, would be used by the estate for “outstanding case resolution and regular costs of the estate’s activities and subject to potential claims from the tax authorities, creditors and other parties.”
Weiner says the money will be kept in a false account while the government’s case is pending resolution.
The estate has previously unloaded two of Epstein’s other properties, his Palm Beach Island beachfront home and his Upper East Side Manhattan townhouse. Two other properties, the Zorro Ranch in New Mexico and the Avenue Foch apartment in Paris are also for sale.
Weiner said the islands are being marketed by New York-based company The Modlin Group and Bespoke Real Estate in partnership with US Virgin Islands-based Christie’s International Real Estate The Saints.