Alleged $50 million payment demand and vague financial schemes linked to Jeffrey Epstein in a House Oversight document

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