Saturday, 27 December 2014
Last updated 3 days ago
Jul 22 2010 | 1:16pm ET
Former hedge fund manager and convicted sex offender Jeffrey Epstein has completed his sentence for soliciting prostitutes.
Epstein’s 13-month long house arrest—the Financial Trust Co. chief and billionaire was granted work release six days a week, and only served a little more than a year of his 18 month sentence—ended yesterday. Epstein pleaded guilty to two felony counts of soliciting prostitutes, but the accusations against him were much more damning.
Epstein allegedly had as many as 40 young women, including teenagers, give him nude, sexually-charged massages at his Palm Beach, Fla., mansion. He has since settled about two dozen lawsuits stemming from those accusations.
But federal prosecutors ended their probe of his behavior as part of his plea deal with Florida prosecutors.
Epstein still faces several more lawsuits. He must remain registered as a sex offender for the rest of his life.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.