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721 KB
Extraction Summary
2
People
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Organizations
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Locations
1
Events
1
Relationships
2
Quotes
Document Information
Type:
Legal document
File Size:
721 KB
Summary
This legal document, part of a court filing, outlines the prosecution's argument against granting bail to the defendant, Mr. Epstein. It highlights the lack of detailed financial disclosure, Epstein's substantial international income (at least $10 million annually), and his residences in the U.S. Virgin Islands and Paris, all of which contribute to him being a significant flight risk. The document also criticizes a vague proposal for salaried "trustees" to monitor him and notes that his New York property is already subject to a forfeiture allegation.
People (2)
| Name | Role | Context |
|---|---|---|
| Mr. Epstein | Defendant |
Mentioned throughout the document as the defendant whose assets, income, and potential bail conditions are being disc...
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| trustees | Monitors |
Mentioned as individuals who would presumably live with Mr. Epstein and monitor his compliance with bail conditions, ...
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Organizations (3)
| Name | Type | Context |
|---|---|---|
| The Court | government agency |
Referenced as the judicial body that lacks detailed information on the Defendant's assets and to whom a bond proposal...
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| Government | government agency |
Mentioned in the context of its argument against the Defense, stating the defendant could easily resume earning milli...
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| Institution-1 | company |
Cited as the source of records indicating the Defendant earns at least $10,000,000 per year.
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Locations (4)
| Location | Context |
|---|---|
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Mentioned as the location the Defendant could earn money outside of.
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Mentioned as a place where the Defendant lives while earning millions.
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Mentioned as a place where the Defendant resides in part.
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Identified as a property at risk of forfeiture due to its connection with alleged sex trafficking offenses.
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Relationships (1)
The document describes a proposed arrangement where "trustees" would live with Mr. Epstein to monitor his bail compliance, and notes a conflict of interest because they would be earning a salary from him.
Key Quotes (2)
"I am authorized to say to the Court that whatever bond you want Mr. Epstein to sign, whether it’s $100 million or an amount close to the amount of the assets that we have provided, Mr. Epstein is prepared to sign it."Source
— Unnamed speaker (presumably defense counsel)
(Quoted from the 7/15/19 court transcript, indicating the defendant's willingness to agree to a large bond.)
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Quote #1
"even were the defendant to sacrifice literally all of his current assets, there is every indication that he would immediately be able to resume making millions or tens of millions of dollars per year outside of the United States."Source
— Government
(Part of the Government's argument that the defendant remains a flight risk regardless of asset forfeiture due to his earning potential abroad.)
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Quote #2
Full Extracted Text
Complete text extracted from the document (2,127 characters)
Case 1:19-cr-00490-RMB Document 32 Filed 07/18/19 Page 31 of 33
been no concrete pledge of any real assets or any concrete proposal to turnover deeds to real property, or to provide a specific amount of cash. See 7/15/19 Tr. at 50 (“I am authorized to say to the Court that whatever bond you want Mr. Epstein to sign, whether it’s $100 million or an amount close to the amount of the assets that we have provided, Mr. Epstein is prepared to sign it.”).
The Court, as noted, has no detailed information regarding the extent of the Defendant’s assets, including the nature, value and location of all of his assets. There is no mention of any expenses, liabilities, or indebtedness. And, there has been no persuasive Defense counter to the Government’s argument that “even were the defendant to sacrifice literally all of his current assets, there is every indication that he would immediately be able to resume making millions or tens of millions of dollars per year outside of the United States. He already earns at least $10,000,000 per year, according to records from Institution-1, while living in the U.S. Virgin Islands, traveling extensively abroad, and residing in part in Paris, France; there would be little to stop the defendant from fleeing, transferring his unknown assets abroad, and then continuing to do whatever it is he does to earn his vast wealth from a computer terminal beyond the reach of extradition.” Dkt. 11 at 5 (emphasis omitted). The Defendant, it should also be noted, is already at risk of losing some of his real property because the Indictment contains a forfeiture allegation regarding any property that was used or intended to be used to commit or to facilitate the sex trafficking offenses and that includes, but it is not limited to, the property located at 9 East 71st Street, New York, New York.
(5) The appointment and role of “trustees” who will presumably live with Mr. Epstein and monitor his compliance with bail conditions are unacceptably vague. They do not, for example, address the conflict that is created by the salary the “trustees” are earning from the
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DOJ-OGR-00000502
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