Billionaire investor Stephen Deckoff bought two Caribbean islands beforehand owned by Jeffrey Epstein, the leisurely financier accused of intercourse trafficking. Deckoff has plans to remodel one in all many islands, recognized by some as „Pedophile Island,” right into a global-class resort.
On Wednesday, Deckoff, beneath his firm SD Investments, introduced the acquisition of the Massive St. James and Tiny St. James islands for $60 million, or decrease than half of of their preliminary asking imprint.
Courtroom docket filings take up revealed Epstein aged one in all many islands to sexually abuse younger women for years. The billionaire needs to purge the island of disagreeable for a brand new „dispute-of-the-artwork, five-superstar, world-class luxurious 25-room resort.”
„Mr. Deckoff plans to invent a dispute-of-the-artwork, five-superstar, world-class luxurious 25-room resort that may help bolster tourism, invent jobs, and spur monetary sample within the web page, whereas respecting and retaining the well-known ambiance of the islands,” a reveal from the funding firm be taught.
AP Information reported funds from the island sale would disappear in opposition to the $105 million intercourse trafficking lawsuit towards Epstein’s property, which the US Virgin Islands govt settled. SD Investments didn’t exhibit how highly effective it would perchance perchance properly properly make investments within the model new resort.
Whether or not or no longer or no longer extreme in discovering-price contributors will clarify over with the island is a chunky gamble for Deckoff…
If the model new resort ever will get constructed, a few of Epstein’s visitors who visited the island over time, much like Prince Andrew, Bill Clinton, and LinkedIn co-founder Reid Hoffman, doubtlessly will no longer return.
There would possibly perchance be not any bear in mind if Deckoff will protect Epstein’s mysterious temple growth.
The acquisition turned as soon as reported on the an identical day that CNBC revealed JPMorgan Poke CEO Jamie Dimon might be deposed in leisurely Might perchance probably moreover over civil courtroom instances accusing the megabank of cashing in on Epstein’s intercourse trafficking operations.