Pay me fifty million d
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CHAPTER 26
Pay me fifty million d
amount.
At first Epstein did nc
asked that the payment—
escrow. If his strategy wo
bounced back to the clien)
In the eighties, when
much, much higher than
50 percent, it was an ext
were other ways to make 1
Jeffrey Epstein: 1984
Q
ww)
ow did Jeffrey Epstein make all his money?
he years about mon-
Epstein would tell stories over t
d from slippery characters. Sometime:
'd suggest he had ties to the
ies recovere s, friends
and former associates would say, he
government, giving listeners the i
dangerous, glamorous work.
Others said that what Epstein really
was much more banal. According to them, Epstein spent =
th creative new ways for the rich ;
avoidance deals :
was involved
career,
most of his time coming UP wi
he commission for tax-
mber of deals Epstein
record of successes 4% qd
to avoid paying taxes. rE
was enormous, although the nu
with is a matter of conjecture, as is his
failures.
But Epstein’s busine
fee. No fancy math. No percentages.
ss model was evolving. He'd charge flat
108
at
by
mpression that he was doing q
did, at this stage in his
In 1982, Epstein sold his
relatives, and others on an
Michael Stroll, had run W
company known for the pi
Stroll put $450,000 int
But in 1984, Michael $
7 q repeated demands and re
. 4 Epstein owed him, he got
_ ment. Eventually he sued |
q ing $440,000—the case w
_ Epstein told the judge tha
ally the payment for a hor:
a Like many cases invol
c f court, the terms of the f
HOUSE_OVERSIGHT_022077
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