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Sunday, April 18, 2021

Epstein’s Quiet Bankers Pull Back on Loans

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Actress and comedienne Jennifer Lopez and former New York City mayor Ed Koch, two of Jeffrey Epstein’s biggest friends, filed new lawsuits against the financier this week, claiming that he left them penniless and destitute and that he allowed his numerous other former clients to plunder the money and assets of all four former friends — two of whom are famous public figures.

Several of Epstein’s adult former assistants also lodged suit this week against the financier, saying that he abused and raped them.

And other people connected to Epstein are also filing suits, including a wealthy New York energy heir and a former party planner who traveled with Epstein to St. Bart’s.

Mr. Epstein and his co-defendants have denied all of the allegations, but experts say he could pay tens of millions of dollars in legal bills and lost legal contracts and settlements, and that there are now very few financial institutions willing to lend him money.

He resigned last month as a member of the board of trustees of the private investment firm of Goldman Sachs. But that couldn’t placate his banks, who were pulling back on loans to him.

“I know for a fact he’s broke,” said a source close to Mr. Epstein.

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