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HOUSE_OVERSIGHT_021966

House Oversight Committee
insert_drive_file IMAGES-006-HOUSE_OVERSIGHT_021966.txt description DOCUMENT text_fields 277 words · 1.5k chars

Pay me fifty million d

amount. At first Epstein did nc i asked that the payment— a escrow. If his strategy wo bounced back to the client

CH APTER 6 In the eighties, when much, much higher than 50 percent, it was an ext

were other ways to make 1

In 1982, Epstein sold his relatives, and others on an Michael Stroll, had run VW company known for the pi

Stroll put $450,000 int q But in 1984, Michael $ } | repeated demands and re Epstein owed him, he got 4 ment. Eventually he sued | _ ing $440,000—the case w _ Epstein told the judge tha ally the payment for a hor:

Jeffrey Epstein: 1984

Y

Epstein make all his money? over the years about mon-

racters. Sometimes, friends he had ties to the was doing ©

ow did Jeffrey

Epstein would tell stories ies recovered from slippery cha say, he'd suggest

and former associates would he impression that he

government, giving listeners t

dangerous, glamorous work.

Others said that what Epstein re career, was much more banal. According to them, Epstein most of his time coming Up with creative new ways for the rich” paying taxes. The commission for tax-avoidance deals mber of de: his record of success

ally did, at this stage in his ~ spent

a Like many cases invol Of court, the terms of the f

Fi

to avoid was enormous, although the nu ecture, as is

als Epstein was involved | es and

with is a matter of con)

failures. 4 But Epstein’s business model was evolving. He'd charge @ i af

fee. No fancy math. No percentages:

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HOUSE_OVERSIGHT_021966