Alleged Epstein victims closer to compensation funds, after deal to free millions in estate

Alleged victims of sexual abuse by Jeffrey Epstein got a step closer Friday toward receiving compensation from the deceased financier’s more than $600 million estate, after the attorney general of the U.S. Virgin Islands agreed to a deal that will allow the six-month-old plan to move forward. 

Among the major issues reportedly resolved was Virgin Islands Attorney General Denise George's objection to having alleged victims sign releases that could block them from seeking other compensation – including from associates of Epstein. 

Epstein committed suicide in a New York City jail in August 2019 while awaiting trial on sexual abuse and sex-trafficking charges. 

“We resolved the release issue,” Brad Edwards, a lawyer representing victims, told Reuters. “I can’t say too much about that at this time but any of Epstein’s friends who were also abusers will not be released.”

The Virgin Islands probate court that is handling the estate must still sign off on the fund, according to the wire service, which also reports that Epstein’s estate executors are “pleased” with the agreement.

Epstein was arrested in July on the charges, which allegedly occurred in the U.S. from 2002 to 2005.

George has reportedly agreed to release only some of the funds, amid other issues such as liens and a civil racketeering lawsuit against the estate that have essentially frozen Epstein’s assets throughout the world.