Billionaire Faces Sex Trafficking Charges

On July 8, billionaire hedge fund manager Jeffrey Epstein was charged with sex trafficking charges by federal prosecutors claiming he abused dozens of underage girls as young as 14. Pleading not guilty, Epstein was charged with one count of sex trafficking conspiracy and one count of sex trafficking with underage females.

The indictment states: "As set forth herein, over the course of many years, Jeffrey Epstein, the defendant, sexually exploited and abused dozens of minor girls at his homes in Manhattan, New York, and Palm Beach, Florida, among other locations." Epstein would apparently pay his victims hundreds of dollars in cash and proceed to “maintain and increase his supply of victims” by making these victims “recruit additional girls to be similarly abused,” creating a “vast network of underage victims.”

This is not Epstein’s first court appearance for sex abuse charges, as he took a plea deal in a similar case in Florida in 2008. He pled guilty to “soliciting and procuring” an underage person for “prostitution”. One of the prosecutors involved in the plea deal is President Trump’s current Secretary of Labor, Alex Acosta.

President Trump happens to be good friends with Epstein. In 2002, he told New York Magazine “I’ve known Jeff for 15 years. Terrific guy. He’s a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side.”

Epstein was quoted in 2002, “I invest in people, be it politics or science. It’s what I do.” Bill Clinton seems to be one of the people Epstein is referring to, as Bill took several private flights on Epstein’s plane between 2002 and 2003. Clinton described Epstein as “both a highly successful financier and a committed philanthropist”. Looking at the charges he faces, it will be interesting to see if any of Epstein’s famous or powerful friends will soon be accused of anything similar.


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