A pair of private islands once owned by Jeffrey Epstein, the disgraced financier who died in prison in 2019, were sold to billionaire investor Stephen Deckoff, who plans to build a luxury resort on the land where Epstein allegedly trafficked children.
the sale, founded the investment firm Black Diamond Capital Management in 1995, according to the firm’s website.by the Virgin Islands Department of Justice in December, half of the proceeds from the sale of Little St. James, “the island on which Epstein resided and on which many of his crimes occurred,” are to be paid to the government of the Virgin Islands. The proceeds are in addition to a $105 million payment and another $450,000 payment “to remediate environmental damage around Great St.
Though Little St. James was already secluded — nearly two miles from St. Thomas, a popular vacation destination, and accessible only by boat or helicopter — Epstein sought further privacy, buying Great St. James in an effort to stop visitors to that island from witnessing what was transpiring on its counterpart, the lawsuit alleged.
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