Mysterious Bank Jeffrey Epstein Created in the Virgin Islands Received $15.5 Million After His Death

Mugshot of Epstein 2013
image_pdfimage_print
The New York Times reported that Jeffrey Epstein opened a mysterious bank in 2014 in the Virgin Islands that appeared to be stagnant for years until Epstein died and it suddenly received $15.5 million dollars from his estate. It is unclear if the bank had any clients or actually conducted any business. The millions disappeared by then end of 2019. A judge who is overseeing Epstein’s remaining assets of $653 million has requested the estate to provide a full accounting of the missing money.

A mysterious bank Jeffrey Epstein opened in the Virgin Islands in 2014 — which has been seemingly stagnant for years — suddenly received millions of dollars from his estate after his death, the New York Times reported Tuesday.

The fallen billionaire and accused sex trafficker applied to open one of the territories’ first international banking operations, Southern Country International, so he could chase the “dynamic discipline of international banking,” according to an application for the institution, obtained by the outlet.

The application, where Epstein describes himself as one of the investment world’s “pioneers,” was ultimately approved in 2014 and allowed him to do business with offshore clients only, the outlet said.

While the bank renewed its license five times since then, it’s unclear if it had any clients or actually conducted any business, until it received a windfall of cash from Epstein’s estate after he died, the outlet reported.

The bank had $693,157 in assets when Epstein died back in August and then, four months later in December, the estate transferred $15.5 million to the bank in two separate checks. Southern Country then sent back $2.6 million, leaving the total deposit at $12.9 million, the outlet said, citing records filed by the estate last week.

By the end of the year, the millions were gone and the total assets at the bank were just below half a million dollars, the outlet said.
Read full article here…

Visit our Classified ads.

Check out our Classified ads at the bottom of this page.

Recent stories & commentary

Kakistocracy

No Guns Seized from Capitol Demonstrators and No Shots Fired – Except by a Security Guard – So Why Is It Called an Armed Insurrection?

Liberals insist that the protest at the Capitol was an armed insurrection to elevate fear and make people think that they are fighting domestic terrorists. Leftists want new laws that will give the FBI, CIA and NSA immense powers against American citizens. People in fear will accept tyrannical policies.

Health

Researchers Report that Deaths from Covid Vaccine for Israel’s Elderly is 40 Times Greater than Deaths from Covid-19 Itself

Dr. Hervé Seligmann and engineer Haim Yativ examined the statistics and concluded that the Pfizer vaccine killed “about 40 times more elderly people than the disease itself would have killed”. They say the death count is too low for vaccinated people because there will be delayed deaths from long-term complications.

Immigration

Biden’s ‘Kids in Cages’ Prove Hypocrisy on Immigration

March 1, 2021 NY Post and Breitbart 2

Joe Biden and Kamala Harris savaged President Trump for keeping “kids in cages.” But now they’re doing the same thing by housing 700 migrant teens in some of the very same facilities they decried. Biden is ending Trump’s “Remain in Mexico” program for Central American asylum seekers, which took pressure off the border.

Classifieds

For classified advertising rates and terms, click here. The appearance of ads on this site does not signify endorsement by the publisher. We do not attempt to verify the accuracy of statements made therein or vouch for the integrity of advertisers. However, we will investigate complaints from readers and remove any message we find to be misleading or that promotes anything fraudulent, illegal, or unethical.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments