‘Millions of dollars that were sent from the estate of disgraced billionaire pedophile Jeffrey Epstein into a dormant bank he had opened in 2014 has raised questions from a judge overseeing a court case over his remaining assets.
In court documents obtained yesterday regarding the billionaire’s Virgin Islands assets, a judge found that in August last year, when Epstein was found hanged in his jail cell, the financier’s bank in the territory – Southern County International – had no more than $693,157.
In December, Epstein’s estate transferred $15.5 million to the bank. The bank sent back $2.6 million, leaving $12.9 million.
There was then a withdrawal of almost all funds before the end of the year, leaving the balance at around $500,000.
Epstein’s lawyers said the transfers were made in error but Judge Carolyn Hermon-Purcell has demanded the Epstein estate provides details on what happened.
Southern County International, a specialized bank created for dealing with offshore clients, was set up by Epstein in the Virgin Islands in 2014.
The bank renewed its license every year up until Epstein apparently killed himself.
Despite the renewals, there has been no indication that the bank was operating as a business in the the time it was open.’