Tag Archives: millions

Here's What Could Happen to Jeffrey Epstein's Millions Now That He's Dead

Here's What Could Happen to Jeffrey Epstein's Millions Now That He's DeadAttorneys for his alleged victims are planning to sue his estate for damages



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Jeffrey Epstein's death may cheat his victims out of millions in restitution

Jeffrey Epstein's death may cheat his victims out of millions in restitutionThe apparent suicide of disgraced financier Jeffrey Epstein at the weekend may have denied his victims millions of dollars in compensationEpstein, 66, was facing new sex trafficking and conspiracy charges that, if he was convicted, could have resulted in a 45-year prison sentence and the criminal forfeiture of his $ 77m (£63.7m) mansion in New York City, along with other possible assets.Those assets could have been used to provide his alleged victims with a special fund through the Justice Department; a standard consideration and procedure for cases involving victims, particularly when one reaches the prominence and magnitude of the Epstein scandal. There may still be hope for the dozen or so women who have come forward of securing some level of accountability from his estate, according to officials – although success is by no means certain. A federal judge can still order Epstein’s properties and other assets confiscated within a civil forfeiture case. But prosecutors must successfully argue those assets were involved in his crimes.“It’s going to be complicated,” Jeff Marcus, a former federal prosecutor, told the Miami Herald. Previous high-profile civil forfeiture cases have resulted in financial restitution for victims, including the 2007 case involving Enron Coporation CEO Kenneth Lay — who died of a heart attack during the case. But those cases come with their own challenges, former prosecutor Joe DeMaria told the publication. “It took seven years for that civil forfeiture case to be settled and the government recovered less than 25 percent of what it sought,” he said.The Miami Herald reported prosecutors would be required to link Epstein’s properties to criminal activity using a lower standard than that used in criminal cases. Epstein would not be found guilty if his assets were found to be implicated in a crime during the civil case, however. > Predator Jeffrey Epstein killed himself. On behalf of the victims I represent, we would have preferred he lived to face justice. > Our civil cases can still proceed against his estate. Victims deserve to be made whole for the lifelong damage he caused. We’re just getting started.> > — Lisa Bloom (@LisaBloom) > > August 10, 2019Lisa Bloom, an attorney representing several of Epstein’s alleged victims, wrote in a tweet on Saturday that “victims deserve to be made whole for the lifelong damage he caused”.“On behalf of the victims I represent, we would have preferred he lived to face justice,” she said, describing Epstein as a “predator”. “We’re just getting started,” she added.The FBI and Justice Department have both launched investigations into Epstein's death in federal custody.The complete results of his autopsy were still pending as of Monday morning. The New York Medical Examiner's office did not respond to requests for comment.



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Singapore returning millions linked to Malaysia scandal

Singapore returning millions linked to Malaysia scandalSingapore is returning almost $ 40 million to Malaysia seized in connection with a massive financial scandal that played a major role in the toppling of the corruption-plagued government of Najib Razak, police said. The city-state is one of several countries that launched probes into allegations that billions of dollars were misappropriated from Malaysian sovereign wealth fund 1MDB in an elaborate ruse that stretched from Asia to the United States. The scandal — allegedly involving Malaysia’s ex-leader Najib, his family members and inner circle — played a key role in the defeat of his long-ruling coalition at the polls last year.



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A NASA Intern Bought Apollo 11 Videotapes for $218. Now They're Going to Auction for Millions

A NASA Intern Bought Apollo 11 Videotapes for $  218. Now They're Going to Auction for MillionsThey are 'the only surviving first-generation recordings of the historic moon walk'



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Millions of people are traveling to New York for WorldPride. Why are some opting to skip?

Millions of people are traveling to New York for WorldPride. Why are some opting to skip?WorldPride, the annual LGBTQ celebration, is in New York this year — and LGBTQ people of all stripes are making the global trek.



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Student debt a 'life sentence' for millions of Americans

Student debt a 'life sentence' for millions of AmericansHaley Walters is five years away from earning her law degree. If everything goes according to plan, she will be under a mountain of $ 100,000 in student debt by the time she enters the work force. Like millions of Americans, Walters is paying a steep price for an education that will likely weigh her down financially for much of her adult life.



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Trump threatens to deport millions starting next week as he prepares to announce 2020 bid

Trump threatens to deport millions starting next week as he prepares to announce 2020 bidDonald Trump has promised to begin deporting “millions” of people living in the US illegally, on the eve of the formal announcement of his 2020 presidential re-election campaign, Writing on Twitter late on Monday night, the president, who is seeking to portray himself as a strong and confident candidate to an unconvinced electorate said those entering the US would be “removed as fast as they come in” and said US Immigration and Customs Enforcement (ICE) would begin removals next week.He also praised Mexican efforts to prevent illegal border crossings.“Next week ICE will begin the process of removing the millions of illegal aliens who have illicitly found their way into the United States,” the president wrote. “They will be removed as fast as they come in. Mexico, using their strong immigration laws, is doing a very good job of stopping people long before they get to our Southern Border. Guatemala is getting ready to sign a Safe-Third Agreement. "The only ones who won’t do anything are the Democrats in Congress. They must vote to get rid of the loopholes, and fix asylum! If so, Border Crisis will end quickly!”Mr Trump campaigned heavily on immigration during his 2016 presidential bid, and is expected to use similar tactics to fire up support among his base ahead of next year’s election.> Next week ICE will begin the process of removing the millions of illegal aliens who have illicitly found their way into the United States. They will be removed as fast as they come in. Mexico, using their strong immigration laws, is doing a very good job of stopping people…….> > — Donald J. Trump (@realDonaldTrump) > > 18 June 2019But despite his campaign talk of building a wall which he said Mexico would pay for and of stopping “bad hombres” coming into the US, immigration from countries south of the US border has risen during his presidency.Mr Trump recently threatened to hit Mexico with tariffs on goods if the country didn’t improve border enforcement.The move prompted Mexican authorities to dispatch their national guard and step-up coordination and enforcement efforts.A Mexican official, who briefed reporters in Washington on Monday, appeared to claim the efforts had resulted in an overnight success. He said US Border Patrol arrested 2,600 people per day after the agreement was struck on 7 June, according to Politico. This would represent a fall of almost a half from the average of 4,300 border arrests every day in May.Mr Trump is due to announce his 2020 presidential re-election bid on Tuesday.



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Millions Were Left Without Power in Argentina and Uruguay After an 'Extraordinary' System Failure. How Did it Happen?

Millions Were Left Without Power in Argentina and Uruguay After an 'Extraordinary' System Failure. How Did it Happen?"This was extraordinary. It shouldn't have happened."



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Elizabeth Warren Proposes Eliminating Student Debt for Millions of Americans

Elizabeth Warren Proposes Eliminating Student Debt for Millions of AmericansThe proposal would create a one-time cost of $ 640 billion



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Trump mistakenly tweets millions dead in Sri Lanka explosions on Easter Sunday

Trump mistakenly tweets millions dead in Sri Lanka explosions on Easter SundayIn expressing his condolences, Trump incorrectly said millions more had died in a deadly series of explosions in Sri Lanka



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