Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Monday, July 25, 2022

Jeffrey Epstein aides reportedly accused of pocketing $13M from estate

EpsteinTwo advisors to billionaire Jeffrey Epstein, and executors of his estate, have been accused of hiding millions of assets in an investment trust. Attorney Darren Induce and accountant Richard Kahn have been accused of hiding nearly $13 million.

Butterfly Trust was registered by Epstein in 2013, and the alleged transfer occurred nearly a year ofter Epstein took his own life in 2019. 

The attorney general of the US Virgin Islands, Denise George, has requested that the Epstein estate submit to discovery to ensure that other assets have not been transferred to his executors. An attorney for the estate categorically rejects the assertions of wrongdoings.

For more information:

See Isabel Vincent “Jeffrey Epstein aides reportedly accused of pocketing $13M from estate” New York Post, July 23, 2022.

Special thanks to Joel C. Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.


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