Jailed billionaire Jeffrey Epstein seeks house arrest in $77M Manhattan mansion

WHAT YOU NEED TO KNOW:


  • While waiting for trial on his sex trafficking and conspiracy charges, American billionaire Jeffrey Epstein requested a federal judge to allow him to be released from jail and remain under house confinement.
  • His lawyers said in a Manhattan federal court filing that electronic monitoring and a mortgage on his multimillion Manhattan home is enough insurance that Epstein won’t leave the country.
  • Epstein, who pleaded not guilty to the charges, is also known to be friends with politicians like President Trump as well as royalty.



Hedge fund manager Jeffrey Epstein appealed to a federal judge on Thursday to allow him to be released on bail and remain instead under house arrest while awaiting trial for his sex trafficking charges.

Epstein’s lawyers contended that home detention together with electronic monitoring and surveillance and a secured bond by a mortgage on his Manhattan mansion worth $77 million would be sufficient enough to guarantee that he does not flee the country, according to a filing in a Manhattan federal court.

Epstein, 66, had pleaded not guilty to charges on sex trafficking and conspiracy. He had just returned from Paris on his private plane when he was arrested at Teterboro Airport in New Jersey on Saturday evening.

The well-known financier was famous for rubbing shoulders with politicians and royalty. While court papers have stated that his friends include Republican U.S. President Donald Trump, former Democratic President Bill Clinton and Prince Andrew of Britain, no reference of them were ever made in the charges.

The indictment also stated that Epstein, who prosecutors claimed to have deliberately sought after girls under 18, arranged for girls to carry out nude “massages” and other sex-related acts. From about 2002 to 2005, he was also reported to have had paid girls to recruit other girls.

Prosecutors maintained that they will oppose Epstein’s plea to leave jail and go on house arrest, during a court hearing on Monday. They said that due to his wealth, private planes and significant international connections, Epstein poses “extraordinary risk of flight”.  By Friday evening, they are expected to respond to Epstein’s motion.

 

Source: AOL.Com

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