NEW YORK — The co-executors of Jeffrey Epstein’s estate have agreed to a $105 million settlement to resolve U.S. Virgin Islands’ racketeering claims against the late financier and corporate entities he controlled, a lawyer for the estate said Wednesday.
Under the terms of the deal, the estate and 10 Epstein-created entities will pay the government of the U.S. Virgin Islands $105 million in cash plus half of the proceeds from the sale of Little St. James, the secluded island on which Epstein lived, according to a statement released by Denise George.
The estate has also agreed to pay $450,00 to remediate environmental damage around Great St. James, the second island Epstein owned, after the U.S. Virgin Islands found that he’d razed the remains of a centuries-old historical structures which once housed enslaved workers to make room for his development, George said.
