Feb 20 • 14:34 UTC 🇦🇺 Australia ABC News AU

Epstein estate to pay up to $US35 million in victims' settlement

The Epstein estate has agreed to pay $US35 million in a settlement for victims of Jeffrey Epstein's abuse, pending court approval.

The estate of Jeffrey Epstein has reached a settlement agreement to pay up to $US35 million to victims of his sex trafficking, according to court documents filed in Manhattan. This financial resolution is part of the ongoing legal repercussions resulting from Epstein's extensive abuses involving young women and girls. The law firm Boies Schiller Flexner, representing the victims, highlighted the settlement in a recent court filing, emphasizing its importance in addressing the harms suffered by the victims.

The class action lawsuit specifically accused two of Epstein's close advisers, former personal lawyer Darren Indyke and former accountant Richard Kahn, of aiding and abetting Epstein's illicit activities. If a judge approves the settlement, it would resolve the lawsuit against Indyke and Kahn, who have been acting as co-executors of Epstein's estate. The legal and financial fallout from Epstein's actions continues to unfold as victims seek justice and accountability, with this settlement being a significant step towards that end.

Additionally, Epstein's estate had previously established a restitution fund, which has been utilized for compensating victims affected by his crimes. The process of resolving claims and compensations remains complex due to the multitude of abuse allegations and the extensive financial dealings of Epstein's estate. This settlement serves as another chapter in the ongoing efforts to provide restitution and support for those impacted by Epstein's actions, highlighting the continuing quest for justice within the legal system.

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