The US Virgin Islands Attorney General has lost her bid to freeze the assets of Jeffrey Epstein’s estate.
“Because the government is not a party to this action and is not permitted to intervene, the government does not have standing to move the court to freeze the estate’s assets and all of its cash on hand,” Virgin Islands Superior Court Magistrate Judge Carolyn Hermon-Percell wrote in a decision from last week.
AG Denise George sought to freeze the 66-year-old dead sex perv’s estate after a compensation fund for his victims had to stop taking new claims because the estate didn’t have enough cash to replenish its coffers.
George argued that the executors of the estate were mismanaging the funds and prioritizing frivolous spending over the victims.
The executors have since claimed that while the estate is still worth $240 million — down from estimates that went as high as $634 million — the assets were largely illiquid, as they had been struggling to sell of Epstein’s properties, aircraft and other assets.
Epstein’s Manhattan townhouse has since sold for just under $50 million.
George mounted allegations against the executors claiming that, as Epstein’s long-time financial advisors, they helped facilitate his sex trafficking ring and sex abuse — even forcing three victims into arranged marriages to help them with their US immigration status.
Co-executors Richard Kahn and Darren Indyke said in court papers filed yesterday in that case, that George’s claims “are misguided and meritless.”
“The proposed claims are part of the government’s concerted effort to frustrate the co-executors’ ongoing orderly administration of the Epstein estate,” the court papers allege.
George’s office did not immediately return a request for comment.