The Epstein saga continues. According to a report, two of Jeffrey Epstein’s closest advisers have been accused of concealing millions of dollars of the wealthy pedophile’s assets in an investment trust.
According to a court document in the United States Virgin Islands that was published by the New York Times on Friday, accusations have been made against attorney Darren Indyke and accountant Richard Kahn that they concealed approximately $13 million in a trust that was established by Epstein.
Nearly a year after Epstein died in a Manhattan lock-up in August 2019, money was transferred to the Butterfly Trust, which Epstein created in 2013.
According to the publication, following the closure of another investment fund in which Epstein had a position, the trust got a wire transfer of $13 million in April of 2020. According to court documents that were referenced by the newspaper, some of that money was moved some months later to three newly founded businesses. The beneficiaries of those firms are listed as being Indyke, Kahn, and their respective wives.
Denise George, the attorney general of the United States Virgin Islands, which is where Epstein notoriously owned two small islands, has filed a court document requesting that the estate of Epstein submit to discovery so that she can verify that additional assets belonging to the billionaire have not been transferred to his executors, Indyke and Khan.
“The government discovered that substantial funds kept secret from the government were transferred for the benefit of the coexecutors in an apparent effort to enrich themselves and shelter these assets from recovery,” the filing reads.
A lawyer for the estate named Daniel Weiner said to the Times that the executors:
“Categorically reject the baseless assertions of wrongdoing made against them” and that they have “never received” the $13 million in question.
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