Jeffrey Epstein was one of the most influential financiers in the USA. The businessman interacted with high profile politicians, models, and even investors. He started his career as a lecturer where he taught physics and calculus at Dalton School (1973-1975). He joined an investment bank; Bear Stearns, where he was made a limited partner. He resigned in 1981 to start his own firm. With his exceptional management skills, Jeffrey made wealth and joined the list of wealthy businessmen who owned properties across the world. Here is a detailed discussion of all you need to know about Jeffrey Epstein.
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His first public recognition
After creating wealth, Jeffrey decided to start several foundations to give back to society. One of his foundations put his high profile connections on the spot by donating $30 million to Harvard University. The donation was to help the university establish a scientific biological and evolutionary dynamics program. On top of that, he was an influential person who moved and interacted with high profile persons like president Bill Clinton and Kevin Spacey. According to Scott Cooper Miami, the financier was determined to help the needy through his donations but not after popularity.
His business and wealth creation
Jeffrey started his own investment firm in 1982, which only attracted wealthy billionaires. The firm operates from the Virgin Islands to ensure that it doesn’t pay considerable taxes to the US government.From this business, Epstein made massive wealth, and that enabled him to own properties across the world. He owned massive townhouse among other properties including a mansion at Palm Beach. It is believed that this is not the only business that Epstein was involved in.
Jeffrey on the wrong side of the law
Even if Jeffrey was an influential businessman, he found himself on the wrong side of the law. He was alleged to abuse underage girls in his Florida and Manhattan homes. On top of that, there were allegations that the financier trafficked young girls. Investigators and detectives confirmed that businessman abused young girls in his Palm Beach Mansion and offered them money in return. He also paid the young girls to recruit others. Over 80 ladies claimed that Epstein sexually assaulted them.
Epstein found himself in jail
A woman filed charges against Jeff that he had sexually abused her granddaughter in 2005. Later in 2007, he was charged for several offenses and pleaded guilty to procurements of minors for prostitution and solicitation of prostitution. He received a 13-month jail sentence but was allowed to leave jail six days a week to work at his Palm Beach office. Things got worse when serious investigators did thorough investigations and found evidence which led to the arrest of Jeff on July 6, 2019. He was charged with sex trafficking and conspiracy. On July 18, he was denied bail. On August 10, he committed suicide at Manhattan’s Metropolitan Correctional Center where he was held for a few weeks.
Jeffrey Epstein was an influential financier with serious sexual abuse cases. He had exceptional management skills that enabled his firm to grow and expand. Sex trafficking and many sexual abuse cases affected his life. These allegations affected his progress, and Scott Copper Miami believes that they contributed to his downfall and eventually his death.
This Article Originally posted on January 3, 2020 @ 7:19 pm