Report: Feds Probe Epstein For Child Trafficking

Aug 2 2010 | 1:13pm ET

Former hedge fund manager and convicted sex offender Jeffrey Epstein has been a free man for little over a week, having completed his sentence for soliciting prostitutes. But the U.S. Justice Dept. is continuing its investigation of the billionaire, and is now looking into whether there is evidence that Epstein engaged in child trafficking.

Epstein served 13 months on the solicitation charges and will be registered as a sex offender for life, but child trafficking is a whole other matter, carrying a possible 20-year sentence, the Daily Beast reports. The former hedge fund manager pleaded guilty to the state charges and settled about two dozen lawsuits in exchange for federal prosecutors dropping their probe of the same crimes.

“Jeffrey Epstein has fully complied with all state and federal requirements that arise from the prior proceedings in Palm Beach,” his lawyer, Jack Goldberger, told the Daily Beast. “There are no pending civil lawsuits. There are not and should not be any pending criminal investigations, given Mr. Epstein’s complete fulfillment of all the terms of his non-prosecution agreement with the federal government.”

But that non-prosecution agreement reportedly only covers those women who have settled with Epstein.

The Federal Bureau of Investigation has reportedly also begun looking at Jean Luc Brunel, a friend of Epstein and head of the MC2 modeling agency. According to the Daily Beast, Epstein gave Brunel $1 million to start the agency and brought some of the underage models Brunel recruited to the U.S. on his private airplanes.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note