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Why Did Jeffrey Epstein Fly Back To The US?

Summary:
Authored by Raul Ilargi Meijer via The Automatic Earth blog, Alex Acosta is gone. That would appear to be good thing, because even if he claims he did the best he could in the 2008 Jeffrey Epstein plea deal, given the number of accusations and the seriousness of the alleged crimes, that deal seems to ...

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Authored by Raul Ilargi Meijer via The Automatic Earth blog,

Alex Acosta is gone. That would appear to be good thing, because even if he claims he did the best he could in the 2008 Jeffrey Epstein plea deal, given the number of accusations and the seriousness of the alleged crimes, that deal seems to have had anything but the best interests of the victims in mind.

That he agreed as part of the deal to not notify the victims was not only illegal, it was a total affront. It ‘sealed’ the deal, so to speak.

Saying “I was told to back off because he was intelligence” doesn’t make all that alright, it merely makes Acosta, if it were true, a salesman choosing his own career over the wellbeing of underage girls. But that’s still a bit of a side issue, at least in today’s frame, because it happened 11-12 years ago, and a lot more accusations are on the table now.

As I said earlier today, if they release Epstein on bail now, there will be riots. That’s how serious even America takes sex trafficking of underage children, provided their media tell them about it. They didn’t for many years in this case. So first giant kudos to Vicky Ward, Julie K. Brown, Miami Herald and Mike Cernovich and others. No matter what the MSM do, there are still a few voices left out there.

Why Did Jeffrey Epstein Fly Back To The US?

But there was something else I’ve been thinking about. I’ve read more on Epstein the past few days than I would advise anyone to do, learned a lot, but I keep having this question in my head: why did he fly back to the US from Paris on July 6? It might have appeared to be an ‘innocent’ trip, if you think anything about the man could still be labeled ‘innocent’, but something happened three days before the trip.

That is, a New York federal appeals court ordered the unsealing of up to 2,000 pages of judicial documents pertaining to Epstein and his ‘environment’. These pages do not address what led Acosta to let him off crazily easily in 2008, they’re from a 2015 case brought by Virginia Roberts Giuffre, who accuses Epstein, his alleged partner-in-sex-crime Ghislaine Maxwell, Alan Dershowitz and Prince Andrew.

But please allow me to take a step back. Here’s Julie K. Brown on July 3:

A New York federal appeals court on Wednesday ordered the unsealing of up to 2,000 pages of judicial documents that are expected to show evidence relating to whether New York financier Jeffrey Epstein and his partner, Ghislaine Maxwell, were recruiting underage girls and young women as part of an international sex trafficking operation.

The decision comes two days after the Miami Herald urged the court to issue a ruling in the civil case in the wake of last week’s Justice Department announcement in the federal criminal case that it would not void Epstein’s controversial 2008 non-prosecution agreement.

And then we move over to Courthouse News:

[..] In a partial dissent, U.S. Circuit Judge Rosemary Pooler argued that all of the files should have been handled by the trial judge. “On that score, it is worth clarifying here the breadth of the court’s unsealing order: it unseals nearly 2000 pages of material,” Pooler emphasized. “The task of identifying and making specific redactions in such a substantial volume is perilous; the consequences of even a seemingly minor error may be grave and are irrevocable.”

Boies said that he and his client Giuffre are readying for a protracted process. “It’s a very important step toward making the information that the court has available to the public,” he said. “It’s only a first step.”

That’s a big one in what I’m saying: it could take along time for the 2,000 pages to be made public after they were unsealed. What does that mean?

Here’s Julie K. Brown once more:

The New York case, filed in 2015, was brought by Virginia Roberts Giuffre, who claims that she was trafficked by Epstein and Maxwell to wealthy and powerful politicians, lawyers, academics and government leaders when she was underage. Giuffre sued Maxwell for defamation after Maxwell publicly denounced her as a liar.

The case was settled in Giuffre’s favor in 2017, several sources have told the Herald. Nearly all the documents filed in connection with the case, however, were sealed [..] The Herald, as part of a November investigation called “Perversion of Justice,” went to court to unseal all the records in January. A lower court ruled against the newspaper, and the appeals court heard arguments by the Herald, Cernovich and Dershowitz in March.

This is all very recent stuff, not the 12-year old case for which Epstein settled in 2008. That doesn’t seem to bode well for him.

In its decision, the U.S. Court of Appeals for the Second Circuit ruled that a lower district court erred when it issued a blanket sealing of the case, which essentially allowed all the parties to file everything under wraps.“The District Court failed to review the documents individually and produce ‘specific, on-the-record findings that sealing is necessary to preserve higher values.’ Instead, the District Court made generalized statements about the record as a whole. This … was legal error,’’ said Judge Jose A. Cabranes, writing for the three-member panel.

The court, in a 2-1 decision, said the portion of the case involving summary judgment materials (167 documents, 2,000 pages) should be unsealed forthwith, except for minor redactions. The balance of the case history — involving perhaps thousands of additional pages — will be reviewed by the lower court. In her dissent, Judge Rosemary Pooler concurred with unsealing the documents, but disagreed with how they should be reviewed.

But now we get to the crux. Between the lines, there’s this ‘threat’ that reviewing and redacting the 2,000 pages could take a very long time. And since Epstein has ace lawyers, it might even take years.

Why Did Jeffrey Epstein Fly Back To The US?

Realizing that, I started asking myself: why did Epstein fly his private plane -back- from Paris to NJ Teterboro airport, where he was arrested, on July 6. While 3 days prior, a New York federal appeals court ordered the unsealing of up to 2,000 pages of judicial documents “that are expected to show evidence relating to whether New York financier Jeffrey Epstein and his partner, Ghislaine Maxwell, were recruiting underage girls and young women as part of an international sex trafficking operation.”

I’m still asking myself. Didn’t he know he’d be arrested? Seems a bit far-fetched. The man pays tons of money to have connections everywhere. He’s a registered sex-offender (though only level-1, not -3, thanks to Acosta). He’s a wounded animal. Presumably he did know. The court order 3 days earlier to unseal the 2,000 pages would have been a big red flashing sign, and there’s no way he didn’t know about it.

So why fly back? Did his lawyers enter into some deal to redact the pages in a way they could control? That would sound very much like what happened in the 2008 plea deal. Did they agree beforehand on what Epstein would face conviction wise? There was a report that, through his legal team, he offered to name names if he could get off with a 5-year prison term. What do you call that kind of thing, reverse blackmail?

The SDNY, which ordered Epstein’s July 6 arrest, must have found something new to build a case on, it can’t be the pre-2008 stuff, that wouldn’t be legal. Did they find this new evidence in the 2,000 pages? Not entirely impossible, I would venture. What’s also an option is that they talked to people involved in the investigation prompted by Virginia Roberts Giuffre’s allegations vs Epstein and Maxwell, before the docs were sealed.

You’re an ADA, you seek out a detective or your own predecessor, and you say: what do you remember was in there? I can totally see that.

So I remain with two questions: why did Epstein return to the US from an alleged multi-week stay in Paris mere days after a federal appeals court ordered 2,000 pages unsealed that can only possibly be damaging to him (or some of his rich and powerful friends), or they wouldn’t have been sealed.

Second question: why is this playing out when it is, as in today? Who ordered this? Was it Trump? He appears to be one of the few people in the rich New York/Florida scene who doesn’t have much to fear from Epstein and his potential blackmail schemes. I base that on the -pretty well documented- fact that Trump threw Epstein out of Mar-a-Lago on 2011. He wouldn’t have done that if Epstein had anything on him. I wouldn’t rule out Epstein chasing Ivanka back then either.

Why Did Jeffrey Epstein Fly Back To The US?

One more item: the most amusing thing about Epstein is that not a single source/person can say how he made his money. That’s a topic for a next essay, but there’s this: 20 years after -ostensibly-, leaving Bear Stearns Epstein turns up as a director for one of their SIV’s.The vehicle was called Liquid Funding Ltd, and Epstein is listed as a director and chairman. The entire vehicle went stone dead, as did Bear. But Jeffrey did not.

Why Did Jeffrey Epstein Fly Back To The US?

Bear’s 10-K: At November 30, 2002, the total assets of this entity (Liquid Funding, Ltd.) approximated $900 million. The Company’s maximum exposure to loss as a result of its investment in this entity is approximately $5.0 million. Epstein’s Financial Trust Co. had a $121 million investment in hedge fund firm DB Zwirn & Co., which shut down in 2008, and was also a major investor in Bear Stearns’s High-Grade Structured Credit Strategies Enhanced Leverage Fund

Epstein could have opted to stay in France, or fly to his Virgin Islands estate. Or anywhere really. But he chose to fly to Teterboro to be arrested. Why?

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Tyler Durden
Tyler Durden (a pseudonym) represents the idea that a return to truly efficient markets is a possibility and a necessity. After having experienced the inner workings of capitalism at various asset managers and advisors, Tyler believes that the current model is flawed and a deleveraging at every level of modern society is needed to reinspire the fundamental entrepreneurial spirit. Visit his blog: ZeroHedge (http://www.zerohedge.com/)

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