EFTA00188312.pdf

THE PALM BEACH POST • THURSDAY, OCTOBER 18, 2007 Milian sues billionaire investor, /says they had sex when she was 16 The Associated hers Mail on Sunday to be a dose dismissed. NEW YORK — A billionaire friend of England% Prince He refused to comment on investor, already facing jail Andrew, has been indicted in Epstein% Florida charges. in Palm Beach County on Palm Beach on charges of so- Meanwhile, Unroch, 57, charges of soliciting under- liciting underage prostitutes. also acknowledged that his age prostitutes, is being sued That case is pending. client was living with him by a young woman who says The girl visited Epstein and was at the center of a $10 he had sex with her when "several times over the sev- million lawsuit he filed last she was 16 and had sought eral months and engaged in year against a neighbor who his help becoming a model. bizarre and unnatural sex said he was having sex with The lawsuit, fled late acts" while she was a minor, underage girls. That case is Thesday in Manhattan% state the lawsuit says. pending. ' Supreme Court, says finan- Epstein "repeatedly re- "What she was doing at cier Jeffrey Epstein had the quested that (the girl) return 22 is irrelevant to what hap- teen perform a sex act when with her 14-, 15-, and 16- pened to her when she was she brought year-old girlfriends, stating, 16," Unroch said Wednesday photographs tome by with your friends He went on the say he hoped of herself your next time. Don't Epstein would agree to "do for him to bring (a mutual right" by his client and re- review in his friend in er . I love girls solve the case out of court. Upper East your age." Side mansion The young woman, now sometime in 23, kept returning to Epstein 2000. because she has "mental Epstein, issues," said her lawyer, Wil- Epstein 54, a money liam J. Unroch. He refused to manager, elaborate, but court papers told the teen he managed say she was "disabled at a re- finances for Victoria's Secret sult of severe mental disease and "could get you into the and defect." catalog" if she were "nice" Epstein's lawyer in New to him, court papers say. York, Gerald Lefcourt, said, The papers say being "nice" "The girl has admitted she included massages and other is insane, but she can read a favors. newspaper and recognize the When the girl told Epstein, word 'rich.'" "I am 16 years old and just Lefcourt also said the want to model," he replied, statute of limitations has "Don't worry I won't tell any- expired for the woman% body," court papers say. case criminally and civilly, Epstein, _said by London% and will almost certainly be EFTA00188312 `Post' Grabs a Towel in Preparation for Epstein Trial - New York Magazine's Daily lntell... Page 1 of 1 New York Magazine News & Features II/ 2/07 in Other News 11:00 am `Post' Grabs a Towel in Preparation for Epstein Trial Jeffrey Epstein, the billionaire and friend of Clinton who ImiCharged IBM year with paying teenage girls to massage him while he jerked off into a towel at his pink Palm Beach mansion, has decided not to plead guilty, the Post reports today; hell take his chances with a jury. Reporting this must have been bittersweet for the l'ost, because they've been insisting for months that Epstein had taken or was litenaRy an she verge of any minute taking a plea deal. But then we expect they are wailing with baited breath for all the lurid details the trial to come out. As are wet In fact, with the expectation that all the stories we've heard in the months since the allegations first came to light are going to be rehashed in the trial, which the Past says is scheduled forJanuary, were going to repeat one of our favorite bits from the recent lawsuit filed by lawyer extraordinaire William Unmet, on behalf Of his es-lover, transgender kinda.mode [Epstein] suddenly went into the bathroom and came eat severalminuteslater wearing red lipstick and wearing a matted red wig. Ile said to plaintiff 'Call me Janice' t sa . 'Pent Nixes Dal [MITI Earlier: Intel's coverage o(Jeffrey Epstein snare e3d 0: 10. a sy4 Ems OA ura FQ, mint YOU WILL BE FROMITIM TO REGISTER OR LOGIN WHEN POSTING. MEW CONNIE/1Y 0 GI 350 words anon° MOIL and URLs prohibited Uwe Guideams PREVIEW POET CON PIEHT Corgi& C 2006. New Vogl AlegarewHoldato LW All MOH Named httn://nvmaa.com/dailv/intel/2007/11/Dost izrabs a towel in preparat.html 12/4/2007 EFTA00188313 EFTA00188314  ME PALM BEACH POST • WEDNESDAY, FEBRUARY 27, 2008 Girl drops lawsuit against Palm Beach man By LARRY KELLER the litigation be halted at his Intracoastal home, a Palm Beach Palm Beath Post SfreWriter until her daughter Police Department investigation con- A girl who says that wealthy money turns 18. • cluded. He was indicted in July 2006 on manager and part-time Palm Beach The mother com- a single count of felony solicitation of resident Jeffrey Epdtein engaged in plained that Jane Doe's prostitution. The case is pending. • sexual activity with her when she was father did not consult Jane Doe's parents separated two 14, has dropped her lawsuit against with her or their months after she was born at Good Sa- him because her divorced parents are daughter before suing maritan Medical Center, according to squabbling over the litigation. Epstein for $50mil- court records. The couplek subsequent "It has to do with the fact that the Epstein lion. The lawsuit al- divorce has been contentious. Each has parents aren't on the same page right Accused of leges sexual assault, had primary custody of the girl at various • now," said Jeffrey Herman, the attorney sexuality intentional infliction times. for the girl, identified in court papers assaulting then- of emotional distress The father pleaded guilty to fed- only as Jane Doe "It's like a sideshow" 14-year-old gift and loss ' of parental eral fraud charges in 2001 and was sen- The girl turns 18 in May and can sue consortium. Herman tenced to 21 months in federal prison, • again at that time without her parents' also represents a Jane plus three years' probation. The US. involvement, Herman said. Doe No. 2 who, like Jane Doe, claims attorney overseeing his prosecution Herman sued Epstein last month on Epstein summoned her to his home for was Guy Lewis. Now in private practice, • behalf of the girl, her father and her a massage when She was a minor and Lewis was hired by Epstein to defend stepmother. Her birth mother, who lives sexually touched her him against the father's lawsuit filed on near Atlanta, then asked to intervene ,Epstein, 55; induced several un r- behalf of Jane Doe. on her daughter's behalf and asked that age girls to give him sexual ma es • lany_kelet@pbpostcom • EFTA00188315 ft. guilty in underage escort case -- South Florida Sun-Sentinel.com Page 1 of 2 sun-sentinel.coin/news/local/southflorida/sfl-flbverdict0320pnmar20,0,5695099.story South Florida Sun-Sentinel.com Man guilty in underage escort case West Palm resident faces mandatory sentence of at least 10 years in prison BY VANESSA BLUM South Florida Sun-Sentinel March 20, 2008 Rejecting defense claims of entrapment, a federal jury convicted a West Palm Beach man on Wednesday for arranging to have sex with a teen prostitute in Costa Rica Hospital CI) Holy Cross through a bogus travel agency secretly run by the FBI. 2" Year in a row Jorge Muentes, 48, cried as federal marshals led him from his family after the guilty verdict was read in the Foil Lauderdale courtroom of U.S. District Judge James Cohn. <J4,‘s, "I love you, baby," his wife of 17 years called after him. AMERICAS "I love you." Muentes, who worked as a butler, contacted the FBI's 50 BEST HOSPITALS fake agency, Latin American Pleasure Tours, in September after seeing an ad in an adult magazine. In conversations with an undercover detective posing as the agency's owner, Muentes requested a 14- to 16-year-old prostitute. He was arrested at Miami ciljalionalAirmyt Nov. 15 as he attempted to board a flight to San Jose. Iia_ David 0. Markus, the attorney representing Muentes, said he would appeal the verdict. Markus had argued his client was entrapped by the detective who Markus said called Muentes repeatedly and steered him toward an underage prostitute. But prosecutors insisted Muentes made the choice to request a teenager without encouragement and took concrete steps toward acting on his desires by paying for the trip and attempting to travel. After a two-day trial and one day of deliberations, the jury of seven men and five women found Muentes guilty of two counts for soliciting the services of an underage prostitute and for attempting to travel overseas for sex with a minor. Muentes, who has no criminal record or history of child abuse, faces a mandatory sentence of at least 10 years. A nearly identical case against a New York Vietnam War veteran is set for trial Monday before U.S. District Judge Jose Gonzalez in Fort Lauderdale. hertvawinv crin-sentinel.com/news/local/southflorida/sfl-flbverdict0320pnmar20,0,204460... 3/20/2008 EFTA00188316  , guilty in underage escort case -- South Florida Sun-Sentinel.com Pagc 2 of 2 The two cases are part of a government crackdown on so-called sex tourists who travel overseas to molest children. The initiative has led to more than 70 arrests since 2003, including those of 15 people snared in the sting operation. The Web site for Latin American Pleasure Tours offers to fulfill travelers' desires with "clean, fun- loving companions of varying ages." All calls to the agency were directed to the Miami FBI headquarters and answered by Richard Love, a retired Fort Lauderdale police detective who posed as the agency's owner. Love testified at trial that Muentes needed no prodding to request a "very young" escort. In their first conversation, Love offered Muentes two types of escorts — for sightseeing or sex. After Muentes indicated his interest in a prostitute, Love asked him to choose from a range of 14 to 27 years old. "Let's go young ... very young," Muentes said. Love suggested a 14- to 16-year-old and Muentes agreed. When Muentes asked about the legality of sex with a minor, Love said it was all illegal. According to testimony at trial, adult prostitution is legal in Costa Rica, but transactions cannot involve a third party, such as an agency or pimp. Markus said Muentes changed his mind and requested a 21- to 24-year-old escort, but was never given a chance to back out. Sentencing is set for May 29. Vanessa Blum can be reached at vbblum®sun-sentinelstom or 954-356-4605. utl Copyright C 2008, ao_j_Floid a_S_un-Seritinel htto://www.sun-sentinel.com/news/locaYsouthflorida/sfl-flbverdict0320pnmar20,0,204460... 3/20/2008 EFTA00188317  THE PALM BEACH POST • FRIDAY. APRIL 18, 2008 WEST PALM BEACH - Part-time Palm Beach resident Jeffrey Epstein has been sued in federal court by two more women this week who say he had sexual contact with them when they gave him mas- sages at his waterfront mansion when they were minors. They are the fourth and fifth women to sue Epstein. Both women are seeking more than $50 million. Jane Doe No. 4 says she was 15 years old when she had several encounters with Epstein in 2002 or 2003. Jane Doe No. 5 says she was 15 or 16 years old when she was with him. Epstein was indicted by a county grand jury in July 2006 on a single felony count of solicitation of prostitution. That case is still active. EFTA00188318  THE [vim REACH POST • TUESDAY, MARCH 18,2008 Girl sues Epstein, two others she says conspired in massages "These two conspired with Jane Doe,' 17, sues in state court him to help with the criminal enterprise," Leopold said. after dropping a federal suit. Jane Doe, through her father and stepmother, filed a federal lawsuit against By LARRY KELLER Epstein in January. She dis- Palm Beath Post SteWriter missed it after her mother WEST PALM BEACH - A former Palm said she wasn't consulted Beach Community College student who Epstein about the litigation and police say procured underage girls to give sought to intervene. The Jeffrey Epstein sexualroassages at his Palm mother is acting on her daughter's behalf in Beach mansion,. and Epsteia personal assis- the latest lawsuit. tant have been sued along with Epstein over Epstein's lawyer has denied the girN al- their alleged conduct: legations and said her family is simply at- The girl behind the lawsuit was 14 years tempting to get money from a very rich man. old when she contends he engaged in sexual Epstein, 55, is a Manhattan money manager conduct with her after she went,to his water- who has homes there, in New Mexico and the front home in 2005 to give him a massage. Virgin Islands, in addition to his $8.5 million Her lawsuit, filed under the name Jane Doe, Palm Beach mansion. seeks unspecified damages from Epstein for Two other Jane Does have sued Epstein sexual assault and intentional infliction of in federal court this year, making similar al- emotional distress. legations to those of the first Jane Doe. Those She also sued ' of cases remain active. Loxahatchee and ork Also pending against Epstein in state court City on grounds of conspiracy and civil rack- is a felony charge of solicitation of prostitu- eteering tion arising from the same alleged incidents "We just want a full measure of justice for with several girls. That case is set for trial'in th' 'd her attorney Ted Leopold. July, two years after he was indicted. ho attended Palm Beach Com- Jane Doe's new lawsuit, filed in Palm Beach munity Col ege, was paid by Epstein to bring County Circuit Court, is the most explicit in girls to his mansion for massages and more, detailing Epstein all • d according to Palm Beach police "I'm like a the only suit to include ad Heidi Fleiss," they said she told them. Her as defendants, and the on make con- attorney could not be reached immediately spiracy and racketeering allegations. Jane Doe will turn 18 in May. She lives with four s an Epstein personal assistant who arranged the encounters, even escort- other family members in Palm Beach County, is nearing graduation from high school and is ing the girls to his massage room, police working part time, Leopold said. alleged. lany_kellertipbpost.com EFTA00188319 WE PAUA BEACH POST • SUNDAY, APRIL 6, 2008 A DEADLINE FOR EPSTEIN The day of reckoning for Palm Beach billionaire finan- cier and alleged sex offender Jeffrey Epstein is coming. Really! State Attorney Barry Krischer has put his foot down after nearly two years of wrangling with Epsteink Epstein team of high•priced attor- neys. By July 8, Krischerb spokesman said, there will either be a trial or a plea agree- ment The reclusive 55-year-old Wall Street prodigy allegedly had a college student steer underage suburban girls to his beach- front mansion for sex and weird massages in 2005. "lib simply time," said Krischer'S spokes- man, Mike Edmondson. In November Epsteink local attorney, Jack Goldberger, told Page Two the case would be resolved with a guilty plea by late January. But things have been stalled as Epstein uses a dream team of lawyers that also includes Harvard professor Alan Dershowitz and for- mer Whitewater prosecutor Ken Starr. Now, a trial has been set for July, just in case. "Things have been delayed," Goldberger said. The problem? Sources close to the case say Epstein doesn't mind so much the 18 months in jail if he pleads guilty but he can't stand the thought ofbeing branded a Florida sex offender for life. "Ha been treated more harshly because he a wealthy man," Goldberger said. "He I jose [email protected] EFTA00188320 Lawsuit: Epstein assistants helped procure underage girl for sex Page 1 of 2 Ea PRINTTHIS PalrnBeachPostcom Lawsuit: Epstein assistants helped procure underage girl for sex By MARYIUMCE Browse Specials Palm Beach Post Staff Writer & Deals From Local Monday, March 17, 2008 Dealerships WEST PALM BEACH - A former Palm Beach Community College student who allegedy procured underage girls to give Jeffrey Epstein sexual massages at his Palm Beach mansion, and Epstein's personal assistant have been sued along with Autos PalmBeachPosicom Epstein over their conduct. The girl, identified only as Jane Doe, was 14 years old when she contends he engaged in sexual conduct with her after she went to his waterfront home in 2005 to give him a massage. Her lawsuit seeks unspecified damages for sexual assault and intentional infliction of emotional distress against Epstein. More local news She also sued Loxahatchee and f New • te WItbr ing.news, photos and all of today's Post stories. York City on grounds of conspiracy and Share This Story civil racketeeting. "We just want a full measure of justice for this girl," said her attorney, Ted Leopold. gr 'ho attended Palm Beach Community College, was paid by Epstein to bring girls to his she mansion for massages and more, according to Palm Beach police. "I'm like a Heidi Fleiss," they said told them. Her attorney could not be reached immediately for comment. was an Epstein personal assistant who arranged the encounters, even escorting the girls to his massage room, police alleged. "These two conspired with him to help with the criminal enterprise," Leopold said. Jane Doe, through her father and stepmother, filed a federal lawsuit against Epstein in January. She The dismissed it after her mother said she wasn't consulted about the litigation and sought to intervene. mother is acting on her daughter's behalf in the latest lawsuit. 1•44n • ihvalmhaarhnnet nrinfthig r.lickabilitv.eotnint/cot?actionntectitle=Lawsuit%3A+Epst... 3/18/2008 EFTA00188321 Lawsuit: Epstein assistants helped procure underage girl for sex Page 2 of 2 Epstein's lawyer has denied the girl's allegations and said her family is simply attempting to get money from a very rich man. Epstein, 55, is a Manhattan money manager who has homes there, in New Mexico and the Virgin Islands in addition to his $8.5 million Palm Beach mansion. of Two other Jane Does have sued Epstein in federal court this year, making similar allegations to those the first Jane Doe. Those cases remain active. Also pending against Epstein in state court is a felony charge of solcitiation of prostitution arising from after the same alleged incidents with several girls. That case is now scheduled for trial in July, two years he was indicted. Jane Doe's new lawsuit, filed in Palm Beach Circu't Codige most explicit in detailing Epstein's alleged misconduct. It is the first to includ as defendants, and the first to make conspiracy and racketeering allegations. Jane Doe will turn 18 in May. She lives with other family members in Palm Beach County, is nearing graduation from high school and is working part time, Leopold said. Find this article at: http://www.palinbeachpost.corn/localnews/content/local_news/epaper/2008/03/17/0317epstein.html F Check the box to include the list of links referenced In the article. lirrn•//nutmhenrlinnsf tirintthiS.CiiCkabilitv.com/pt/cpt?action=cpactitle=Lawsuit%3A+Epst... 3/18/2008 EFTA00188322  Page 1 of 2 Above the Law: Billionaires in the Bedroom NEWS Above the Law: Billionaires in the Bedroom ge His Desires Mogul Reportedly Built $30 Million Sex Grotto to Indul By MARCUS BARAM July 20, 2007 — from the rest of us. When it comes to sexual deviancy, the rich really are different fly in high-end prostitutes for the weekend Instead of hiring cheap hookers for an hour in a motel, they to liven things up, they'll build a sex to frolic in their underground grotto. Rather than buying sex toys vault complete with bondage and S&M gear. uter chip mogul Henry T. Nicholas III, who The latest in a long line of lurid Lotharios is said to be comp with hidden doors and secret levers, at his allegedly built a $30 million underground grotto, complete ents unearthed by the Los Angeles equestrian estate in Laguna Hills, Calif. According to court docum where he could indulge his lair" Times, Nicholas is said to have planned a "secret and convenient Ecstasy." "manic obsession with prostitutes" and "addiction to cocaine and in 1991, had his private jet ferry The 47-year-old billionaire, who co-founded Broadcom Corp nicknamed the Pond, where he prostitutes from New Orleans, Chicago and Las Vegas to his lair, nitrous oxide, according to the draft s and provided his rock-star guests with drugs, including mushroom complaint. Nicholas used the lair as his "personal In addition, the complaint dug up by the Times alleges that according to the paper. His wife, Stacy brothel" until his wife caught him in the act with a prostitute, Nicholas, has since filed for divorce. "all of the allegations are denied." In 2000, Nicholas' attorney Steven A. Silverstein told the Times that "pump house" to handle runoff from his Nicholas told the paper that the underground facility was a horse trails. Publishing heir Richard Quadracci reportedly The allegations seem to echo other well-publicized cases. equipped with a cross, bondage boards, ran a gay sex club, complete with a 1,000-square-foot playroom of his penthouse apartment in Manhattan. harness power hoists and other X-rated paraphernalia, out ge-themed bed and breakfast that he Quadracci claims that he only ran a Web site describing a bonda sued him and the case was settled in early planned to open one day. Eventually, his condominium board 2005. financier who was charged with felony Other notorious cases include Jeffrey Epstein, the billionaire massages at his Palm Beach mansion. In solicitation of a prostitute for hiring underage girls to give him Alan Dershowitz, reportedly embarrassed that case, some of Epstein's lawyers including famed barrister nted their drug use. the girls by unearthing their MySpace pages on which they recou 8/31/2007 EFTA00188323 Above the Law: Billionaires in the Bedroom Page 2 of 2 The Palm Beach Police requested an investigation by the FBI after the state's attorney reduced the charges in that case. Currently, prosecutors are expecting the case to go to trial and a case disposition hearing is scheduled for Nov. 16. The types of sex and erotic indulgences may vary in each case but they're all made possible by having money. it," "The rich aren't more prone to extreme sex but they are more likely to have the resources to spend on said Manhattan-based therapist Ian Kerner. "There are the $2 toothless hookers and the $20,000 call girl virgins but there's still work for all of them." Kemer believes that extreme sexual appetites have less to do with money than with core desires and instincts shaped by genetics and your upbringing. But being wealthy and powerful allows you to indulge those cravings -- sometimes with unexpected results. "I've had cases working with Wall Street bankers who always have to be about testosterone and they es never get to explore their feminine side or their vulnerable side and these guys often go to dominatrix and explore being whipped and spanked," said Kemer. They also may feel that their wealth is undeserved and that they need to be humiliated. "The investment banker who's mastered the universe just wants to chill out and be dominated." Wealthy men and women who are in the public eye may already feel above the law but they seek the thrill of putting themselves in high-risk situations. "These are people who feel they can do what they want all the time," said Gini Graham Scott, the author of "Homicide by the Rich and Famous." "The money lets them indulge every whim and eccentricity and they have the freedom to experiment," she explained. "But once they achieve a certain thrill, they need to expand that. After a while, it gets boring and they keep pushing the envelope on extreme behavior." That certainly seemed to be the case with Fiat heir Lapo Elkann, who was hospitalized in 2005 after overdosing at the apartment of a 53-year-old transvestite named Patrizia. After a stint in rehab in Arizona, Elkann moved to Manhattan, launched a new line of sunglasses and started indulging new passions: speeding in his family's racecars. Bravo! Copyright O 2007 ABC News Internet Ventures ant-mann. i.e. new.,Invint9iii-TAQQ9Rq 8/31/2007 EFTA00188324 Describe your relationship with Mr. Epstein. How long have you known Mr. Epstein? How did you meet? What was your role at the New York Academy of the Arts? What was Epstein's involvement with the NYAA? Did Epstein express any interest in one particular style of artwork or interest in a specific artist attending NYAA? Did any NYAA students work for Mr. Epstein or yourself? Were there ever any complaints filed against Mr. Epstein by young female students while he was active with the NYAA? Did Mr. Epstein ever show any noticeable attention or exhibit any questionable or inappropriate behavior towards young females while he was involved with the NYAA? (Believed to have brought a young female as his date to a formal function sponsored by NYAA) Did Mr. Epstein leave the NYAA on good terms? Did any of the students paint portraits of any of your family members during this time period?(=ainted portraits onhen? Where? What did the art depict? When was your last contact with Mr. Epstein? What was it in reference too? EFTA00188325  Page 1 of 1 BLAME GAME alleged pervy June 21, 2007 -- DID legal eagle Alan Dershowitz and use their clout to get a speec h canceled at billionaire Jeffrey Epstein Robert Trivers, Harvard? That's the belief of Rutgers University biologist ics (PED) was axed whose talk at Harvard's Program for Evolutionary Dynam ist" for his "ration alization of after he called Dershowitz a "Nazi-like apolog rd Crimson a PED Triver s told the Harva Israeli attacks on Lebanese civilians." plug. But Trivers secrec y" about who pulled the official said he was "sworn to or Epstein, who blames Dershowitz, who sits as a faculty affiliate on PED, Dersh owitz as a defense donated $6.5 million to create PED and has retained utes. ing under age prostit lawyer against his 2006 indictment for solicit owitz told us Epstein's lawyer, Gerald Lefcourt, had no comm ent. Dersh a barroo m brawle r and has threat ened to beat me Trivers "has a reputation as llation . up"- but he insisted he had nothing to do with the cance Click Here For Great CffilebRics rake mychic. reel deteclivc: W:V/`;,-M.CV:::.:1A1f TONIGHT 10/9C boys are brick! over lo gel psyched! Hate s, Inc. NYPOST.COM, NYPOSTONLINE.COM, and NEW YORK POST Is a registered trademark of NYP HoldingT.COM NEWYO RKPOS we trademarks of NYP HoldIngS, Copyright 2007 NYP Holdings, Inc. All rights reserved. . at: nlm9Tirttlittn•//unutv nvnnct rnmkeven/0671 9n 7/11/2(107 EFTA00188326  re Capital, Hedge Funds ... Page 1 of 3 .e Bad News for Jeff Epstein? - Mergers, Acquisitions, Ventu Tralol HOME PAGE 1 MY TIMES TODAY'S PAPER VIDEO MOST POPULAR 1 TIMES TOPICS 1 gbexclu ork (ilAnt Business Friday, July is, 2007 I lEALTH SPORTS OPINION ARTS N.Y./REGION BUSINESS TECHNOLOGY SCIENCE 1 WORLD U.S. AUTOS YOUR MONEY DEALBOOK MARKETS RESEARC MEDIA & ADVERTISING WORLD BUSINESS SMALL BUSINESS SEARCH D DeaRlook DEALBOOK I MERGERS & mammon RANKING Edited by Andrew Ross Sorkin LP.O. / OFFERINGS r PRIVATE I EQUITY HEDGE FUNDS PEN CAP HOME ' ACQUISMONS JOBS More Bad News for Jeff Epstein? July U, 2007,12:26 Pm Link to This TOPICS Investment Banking E-mall This INDUSTRIES ive financier, was It was just about a year ago that Jeffrey Epstein, the reclus may now being charged with soliciting prostitutes in Palm Beach, Fla. He have another image problem on his hands. y-management firm, BusinessWeek reports that Mr. Epstein's Virgin Islands-based mone ities and Exchange Financial Trust Company, is listed in a filing with the Secur e Structured Credit Strategies Commission as a stakeholder in Bear Stearns's High-Grad to in recent weeks as "Bear Enhanced Leverage Fund, which became much easier to refer Stearns' collapsing hedge fund." LATEST rarely discloses anything It is a tantalizing nugget of information about someone who MERGER ant for privacy, Mr. Epstein about his business or his billionaire clients. Despite his pench Mark the Cul n on his 727. runs in prominent circles: he once flew former President Bill Clinto Playtex Deal to r over 10 percent of the Regulatory filings show that Mr. Epstein's firm had voting powe some of Wall Street's biggest Dutch. equity in the Bear Stearns fund, which, aided by loans from LaSalle subprime mortgages, or those INVESTM banks, bet heavily on the securities linked to the market for Banks to homeowners with weak credit histories. Role in lts, many of those bets Deutse As the subprime mortgage market has been rocked by a rise in defau Bank C 23 percent for the year. have gone bad. As of the end of April, the Bear fund was down ti,1".1t.nnl, hInne rewi ;111PC rni-n/7007/07/11/more-bad-news-for-ieff-enstein/ 7/13/2007 EFTA00188327  2 of 3 , More Bad News for Jeff Epstein? - Mergers, Acquisitions, Venture Capital, Hedge Funds ... Page Mr. Epstein did not respond to BusinessWeek's calls, and his lawyer had no comment. Massa( Investi. Of course, Mr. Epstein is not alone in his exposure to the fund. A fund-of-funds managed Investr I.P.OJOR by Paris-based BNP Paribas is listed in the S.E.0 filing as well. That fund was also Tax Lo heavily invested in Wood River Partners, a $127 million fund that imploded in 2005. Deal to Indian' Bear Stearns says it will reveal the details of the fund's losses next week. $1.1 Bil Permir Another Bear Stearns fund that got into trouble recently (with the same ridiculously long Share I name as the other fund, except without the words "enhanced leverage") is being propped PRIVATE More S up by loans from the firm. It was down about to percent as of April. The younger, Buyout "enhanced" fund is more heavily leveraged, and Bear Stearns has said it won't provide any Coldm. China] financing for it. Fund Go to Article from Busintss ek* Ex-Sea Buyout Go to Earlier DealBook Rein DEALER Add your comments... Airlines Name Autos Required Basic Industrii E-mail Required (will not be published) Consun Goods Comment Get Dc Submit Comment Comments are moderated and will be posted if they are on-topic and not abusive. They may be editedfor length and clarity. For more information see our Member Agreement. How Also if 4 Ho + Tip kils.imanthnnfr Mane mitimes r.nrri/2007/07/1 Umore-bad-news-for-ieff-enstein/ 7/13/2007 EFTA00188328  Page 1 of 3 Bear Steams' Collateral Damage h it How BlackBerry Curve"' only hum AT&T, the world's leading provider of IllackRunry" service, f Rot I RF In by ailiNaCkeettyCLIVe• Thea$46K5v-H fICenicaNis BusinessWeek Register Sign In TOP NEWS July 11, 2007, 12:01AM EST Bear Stearns' Collateral Damage Money manager Jeffrey Epstein, BNP Paribas, and other investors are mired in Bear's troubled hedge fund that bet big on subprime mortgages by Matthew Goldstein