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Little St. James was Epstein’s major residence, and he referred to as the island “Little St. Jeff”. In April 1998, a company called L.S.J. LLC bought it for $7.ninety five million. It was owned by American financier and convicted child sex offender Jeffrey Epstein from 1998 until his death in 2019. For the early Christian determine typically referred to as Saint James the Little, see James the Less.
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But in November 2022, the Virgin Islands reached a settlement with the Epstein estate, which agreed to pay the government $105million and half the proceeds from an eventual sale of the islands, plus $450,000 to repair environmental harm. The billionaire’s executor fought that request, saying they need to use his belongings to arrange a aid fund for sexual assault victims, and asking the federal government to unfreeze his two islands to permit them to promote them off. When Dimon was quizzed under oath by USVI attorneys in late Might that year, he said he did not recall ever listening to about Epstein or his sexual misconduct till after his arrest in 2019. Epstein withdrew as much as $750,000 a year in cash from JPMorgan accounts even after the late pedophile had been “red flagged” by the bank as a baby sex offender, attorneys for the territory alleged in the lawsuit.
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