Leon Black agrees to pay $62.5 million to avoid Jeffrey Epstein-related lawsuits in the US Virgin Islands
Billionaire investor Leon Black struck a multi-million dollar settlement with the government of the US Virgin Islands to avoid any legal claims tied to a Jeffrey Epstein sex-trafficking investigation.
According to a settlement document obtained by CNN, Black agreed in January to pay the Virgin Islands government $62.5 million in cash. In exchange, the Virgin Islands released Black from any current and future legal claims related to Jeffrey Epstein.
The news was first reported by the New York Times.