Topline: Jeffrey Epstein reportedly held funds in multiple offshore shell groups, a common way to hide vast property from the IRS and lenders. This revelation from the Miami Herald comes an afternoon after a choose mentioned Epstein’s wealth in denying him bail on federal intercourse trafficking and intercourse conspiracy fees.
The files have been leaked by means of unspecified Swiss banks and Appleby, a Bermuda-based offshore loan and securities business enterprise. The Swiss files show Epstein turned into the usage of offshore banking as early as February 1997.
The Appleby documents are typically called the “Paradise Papers,” a 13.4-million-web page trove first leaked in 2017, and 500 pages pertain to Liquid Funding Ltd., a Bermuda financial company chaired with the aid of Epstein from as a minimum 2000 to 2007. Liquid Funding changed into also in part-owned by Bear Stearns, which Epstein worked for starting in 1976, earlier than departing in 1981.
According to the Herald, Epstein saved $three.Four million and $880,507 in two Bermudan bills from 2006 to 2007. They seem to be just a small part of Epstein’s net worth. His lawyers have envisioned his net really worth as $557 million in court files.
Epstein’s criminal team stated he could pay as much as $100 million in bail. Judge Richard Berman denied Epstein’s bail request for the duration of a Thursday listening to and stated, “I doubt that any bail bundle can conquer hazard to the network.”
Key historical past: Epstein has been under scrutiny on the grounds that a 2007 federal indictment in Florida was negotiated thru a lenient plea deal, which granted him and his nameless coconspirator’s immunity and sealed all files. (A federal choose ordered in July to USA documents associated with the case, that can implicate different wealthy and effective humans.) The Miami Herald’s “Perversion of Justice” investigative collection targeted how a federal prosecutor, Alexander Acosta, helped broker—and then seal—the plea deal. (Acosta went on to emerge as President Trump’s secretary of exertions, however, resigned he publish final week after coming below fire for his function in the plea deal.) Epstein served thirteen months in county jail with 12 hours of work launch, six days a week, after conviction on a Florida state prostitution price and registered as an intercourse perpetrator both in Florida and New York. After his launch from the county jail, Epstein went unfastened till his July 6 arrest at New Jersey’s Teterboro Airport and became finally charged with sex trafficking and sex conspiracy. He pleaded now not responsible and will remain at the back of bars at some point of his trial.
Even inside the wake of a report-breaking wave of ladies applicants who ran and gained remaining November, girls are nonetheless underrepresented at all tiers of public office, including appointed positions where their voices desperately need to be heard.
From statewide cabinet places of work to nearby forums and commissions, appointed leaders play a critical role in policymaking. Boards and commissions oversee vital problems ranging from transportation to monetary development, consisting of multi-million greenback budgets and policymaking authority. They additionally provide possibilities for ladies to gain revel in public service without having to run for office.
But, like almost every different public carrier area, civic boards and commissions tend to be dominated by guys.
For example, research indicates greater than half of county boards throughout the United States don’t have any ladies on them at all. That’s lots of all-male boards making decisions that impact thousands and thousands of ladies and their households—with out an unmarried girl on the table.
That’s why, in 2014, the Women’s Foundation created the Appointments Project® to function a skills bank, marketing consultant, and advocate for girls inquisitive about serving on civic forums and commissions.
The program was stimulated via a have a look at we commissioned that discovered women weren’t elevating their arms to serve in these roles due to the fact they hadn’t been requested.
So we commenced asking.
By growing a solution that proactively encourages women to use for those roles, the Appointments Project demystifies the selection method, educates girls approximately those lesser-regarded possibilities to serve, and coaches them on a way to follow.