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The Independent UK

National

Josh Marcus

Billionaire Leon Black paid $62.5m to exit US Virgin Islands investigation over links to Jeffrey Epstein

Jeffrey Epstein Leon Black Jeffery Epstein United States US Virgin Islands JPMorgan

Copyright 2019 The Associated Press. All rights reserved

Private equity billionaire Leon Black agreed in January to pay $62.5m to the US Virgin Islands to be released from potential claims related to the territory’s investigation of the Jeffrey Epstein sex-trafficking ring.

The settlement, obtained by The New York Times via a public records request, stipulates that the agreement shouldn’t be construed as “evidence of wrongdoing” on the part of the former Wall Street executive.

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