The Jeffrey Epstein victims compensation program, funded by the Epstein estate, is officially open.
The fund is worth just over $500 million, but with Epstein’s other assets, it could climb to more than $630 million, depending on the number of women who come forward, and how much they’ll receive.
Authorities said Epstein, the part-time Palm Beach resident who faced federal charges of sex trafficking of minors, took his own life last August while in jail awaiting trial.
Federal prosecutors accused Epstein, 66, of sex trafficking dozens of underage girls, some as young as 14-years-old, at his homes in New York and Palm Beach between 2002 and 2005. He faced similar charges in 2007 but signed a plea deal that allowed him to plead guilty to lesser state prostitution charges. The deal came under intense scrutiny and led to the resignation of Labor Secretary Alex Costa, who brokered the deal as the US Attorney in Miami.
Attorney Spencer Kuvin said it’s imperative for victims of Epstein to come forward now as the fund will be open for a limited time.
The fund will be administered based on the allegations from the victims, and there’s no limit on the money. Women can come forward with merely the memories of the abuse and their identities will remain confidential.
Kuvin said he’s aware of at least 40 victims, but those numbers could reach more than a hundred over a 20 year period.