The US Virgin Islands Attorney General has lost its bid to freeze Jeffrey Epstein’s property.
“Because the government is not a party to this action and is not allowed to intervene, the government does not have the standing to move the court to freeze the property and all of its cash,” Virgin Islands Superior Court Magistrate Judge Cézalin Hermon-Paracel wrote in a judgment from last week.
AG Denise George sought to freeze the property of the 66-year-old dead sex par after a compensation fund for his victims led to new claims being shelved as the property did not have cash.
George argued that the executors of the estate were misusing the funds and prioritizing frivolous spending on the victims.
Since the executors claimed that the property still totaled $ 240 million – below estimates that went as high as $ 634 million – the property was largely unique, as they had been to Epstein’s assets, aircraft and other Were struggling to sell assets.
Epstein’s Manhattan townhouse has since sold for just $ 50 million.
George accused the executors of claiming that as Epstein’s long-time financial advisors, they helped facilitate his sex trafficking ring and sexual abuse – even the three victims with his US immigration status He forced married people to help.
Co-execs Richard Kahn and Darren Indyke said in court letters filed yesterday in that case that George’s claims were “misguided and virtuous.”
The court papers alleged that the proposed claims are part of the government’s concerted effort to thwart the orderly administration of the Epstein Estate co-executors.
George’s office did not immediately return a request for comment.
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