Money Manager to the Billionaires, Jeffrey Epstein was set to plead guilty later this month to a single charge of solicitation of sex from underage prostitutes, backed out of the plea deal agreement.

Epstein is accused of soliciting underage prostitutes from his Palm Beach, Florida mansion. Under the plea deal Epstein would have served 18 months in prison and register as a sex offender. His reason to go to trial is that he did not want to be registered as a sex offender for the rest of his life.

Epstein hired the best lawyers that money could buy including former White Water Special Prosecutor, Ken Starr, to make this misdemeanor case go away.
http://www.nypost/seven/11022007/new/regionalnews/perv_nixes_deal_7073

Prosecutors charged that Epstein was hiring 14 year old hookers to come to his Palm Beach Mansion to give him erotic messages. Epstein has claimed he thought the prostitutes were older, at least 18 years of age.

Rejecting the plea deal paves the road for a high profile sordid sex trial of the Rich and Famous to begin in January, 2008, in Palm Beach, Florida.

On October 29, 2007, the New York Post’s page 6 published a story revealing Epstein’s deep financial ties to the Governor of the US Virgin Islands, John P. DeJongh, Jr. The Post reported that Mr. Epstein gave a sum of $1 million dollars to the DeJongh gubernatorial campaign and pays the private school tuition of his children, to attend the prestigious Antilles School. http://www.nypost.com Governor DeJongh has yet to issue a statement admitting or denying the New York Post story.

First Lady, Cecile DeJongh is the Director of Epstein’s charitable foundation in the Virgin Islands, known as the J Epstein VI Foundation. Billionaire Epstein keeps a high profile in New York, but uses the US Virgin Islands as his place of residence and place of business for tax purposes. Under a little known provision in federal law, that qualifies him effectively to cut his personal federal income tax bill by 90%. This provision in the federal law is well known to Virgin Islanders as the Economic Development Commission Beneficiaries. http://www.nysun.com/pf.php?id=8885&v=8455673911

Stay tuned for more on this breaking story.