Executors of Jeffrey Epstein's estate propose victim compensation fund

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Executors of Jeffrey Epstein's estate propose victim compensation fund
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The executors of the estate of Jeffrey Epstein said on Thursday they had asked a...

NEW YORK - The executors of the estate of Jeffrey Epstein said on Thursday they had asked a judge to approve the creation of a proposed fund to compensate women the financier was accused of having sexually abused.

Epstein, 66, died by hanging himself in his Manhattan jail cell on Aug. 10, two days after signing a will and putting his estimated $577 million estate into a trust. He had been arrested in July on federal sex trafficking charges, to which he pleaded not guilty. Women who choose not to take part in the program would still be allowed to pursue their claims against the estate in court, according to Thursday’s statement. It was not immediately clear how much money would be available for the victim compensation fund.

“If the estate is placing all estate assets into the claims program for victims, then it is a step in the right direction,” Brad Edwards, who represents multiple alleged victims, said in an email. “In the meantime, we intend to get the filed cases to trial quickly. Either way, justice for our clients, without delay, is our goal.”

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