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Jeffrey Epstein's estate administrators agreed to pay up to $35 million to settle a lawsuit that accuses them of allegedly facilitating the late sex offender's network of abuse and sexual trafficking of women, reports Reuters.
The agreement was announced through a document filed by the law firm representing the plaintiffs before a federal court in New York and still requires "strong"the approval of a judge to take effect.
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The original lawsuit was filed in 2024 against Epstein's former personal lawyer, Darren Indyke, and his former accountant, Richard Kahn, who acted as co-executors of the financier's estate after his death in prison in 2019. According to the complaint, both had created a "complex financial infrastructure" that allowed the magnate to pay victims and recruiters in exchange for silence, while he and his associates obtained significant economic benefits. To access compensation, the claimants must agree to waive any future claims and not have previously received payments from the Epstein estate or the victims' compensation fund created after his death. The agreement covers victims who reported having been assaulted, sexually abused, or trafficked by Epstein between January 1, 1995, and August 10, 2019.Ending the Litigation
Although none of the defendants admitted to any wrongdoing, their lawyers indicated that they opted for the settlement to avoid a prolonged litigation and to close out the still-pending claims against the estate. Previously, the executors of Epstein's estate created a compensation fund that distributed $121 million to the victims, in addition to another $49 million in additional settlements.
