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Epstein Estate to Pay $35M to Settle Sex Trafficking Lawsuit Against Former Advisers

The co-executors of convicted sex offender Jeffrey Epstein’s estate have agreed to pay up to $35 million to settle a class action lawsuit linked to his alleged sex trafficking.

Filed in Manhattan federal court, the 2024 lawsuit claimed that two of Epstein’s longtime advisers—his personal lawyer, Darren Indyke, and his accountant, Richard Kahn—helped facilitate his trafficking of young women and teenage girls. The plaintiffs argued that the advisers managed Epstein’s finances and corporate structures in ways that concealed years of abuse and allowed payments to victims and recruiters to continue without scrutiny.

The settlement, announced by the victims’ law firm Boies Schiller Flexner, still requires judicial approval. Indyke and Kahn, through their attorney Daniel H. Weiner, denied any wrongdoing, stressing that the settlement is not an admission of liability. Weiner noted the decision was made to achieve finality and avoid extended litigation.

The settlement also allows a confidential process for additional victims who have not yet filed claims to seek compensation. Epstein’s estate has previously distributed about $121 million through a compensation fund, along with another $49 million in separate settlements.

Epstein died in a New York jail in August 2019 while awaiting trial on federal sex trafficking charges; authorities ruled his death a suicide.

Separately, Boies Schiller Flexner had previously secured $365 million from major banks, including JPMorgan Chase and Deutsche Bank, over claims that the institutions failed to act on warning signs regarding Epstein’s accounts. If approved, this latest agreement would resolve one of the remaining civil cases linked to Epstein’s extensive abuse network.

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