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Fri Aug 16, 2019, 03:45 PM

Why The Question Of What's Going To Happen To Jeffrey Epstein's Money Is So Complicated

In the wake of Jeffrey Epsteinís death, there are numerous disturbing issues about the possibility of justice for his victims. Victims are angry that his death cuts off one form of closure for them: a criminal case ends when the defendant dies. So there will be no criminal trial for him, although prosecutors are looking at cases against his co-conspirators.

But a criminal trial would not have resulted in any financial payments to his victims. Of course, prosecutors could bring a civil forfeiture suit to seize some of his assets if there is evidence that they were used to facilitate a crime, and victims could then petition the Department of Justice for that money. That could be a lengthy process.

But victims have a more direct way of proceeding. They can turn to civil law, to tort law suits. The good news there is that, unlike in a criminal trial, some new suits can be brought, even though Epstein is dead.

https://www.forbes.com/sites/naomicahn/2019/08/15/why-the-question-of-whats-going-to-happen-to-jeffrey-epsteins-money-is-so-complicated/#2c9b8da424da

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Reply Why The Question Of What's Going To Happen To Jeffrey Epstein's Money Is So Complicated (Original post)
mfcorey1 Aug 2019 OP
dchill Aug 2019 #1
no_hypocrisy Aug 2019 #2

Response to mfcorey1 (Original post)

Fri Aug 16, 2019, 03:50 PM

1. Epstein's money is probably third or fourth generation...

...stolen. (Swindled, conned, blackmailed, etc.) How to determine the last time it was clean, that's the rub.

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Response to mfcorey1 (Original post)

Fri Aug 16, 2019, 06:20 PM

2. Madoff's money was relatively easier to find than it's going to be to find Epstein's assets.

His real estate is simple. The rest will be a challenge.

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