The US Virgin Islands Attorney General Denise George announced Friday that she has reached a deal with Jeffrey Epstein’s victims over how his estate’s compensation fund should be run.
George previously raised questions about the victim fund — which would pay money to Epstein accusers who choose to settle rather than continue litigation — claiming there weren’t enough protections in place for the women.
Under the agreement, the fund would have safeguards in place including appointing a victim advocate, putting aside money for victims who may not have come forward yet or who opt out of the program, implementing protections to make sure information divulged by victims wouldn’t later be used against them and other measures, the AG said.
A VI judge must still approve the agreement.
“I’m hopeful the Agreement will receive final approval, so these women are able to receive the help they need,” George said in a statement.
William Blum, a lawyer for the executors, said his clients “are extremely pleased that the USVI Attorney General has dropped her opposition to the Epstein Victims’ Compensation Program, and allowed it to proceed as funded entirely by the Estate.”
“We are pleased that the parties have reached a resolution that allows victims the opportunity to resolve their sexual abuse claims through this independent, voluntary, non-adversarial process,” fund designers Camille Biros, Kenneth Feinberg and Jordana Feldman said. “Over the last several months, we designed the Program with the input of victims’ counsel and other interested parties, and we are preparing to move forward to implement the claims process.”
The 66-year-old convicted pedophile committed suicide in a Lower Manhattan jail cell as he was awaiting trial on sex trafficking charges.
The hedge-funder left behind a $634 million fortune.
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