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Epstein ‘wired more than $30 million to Maxwell over eight years’

Epstein ‘Wired More Than $30 Million To Maxwell Over Eight Years’
Jeffrey Epstein Maxwell Trial, © AP/Press Association Images
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By Josh Payne, PA in New York

British socialite Ghislaine Maxwell received more than $30 million (£22.6 million) from disgraced financier Jeffrey Epstein over a period of eight years, a court has heard.

Documents presented to the Federal court in the Southern District of New York showed $7.4 million of the money received by Maxwell was spent on a green helicopter.

Transactions on JP Morgan bank statements from either Epstein’s accounts or his company accounts showed $30.7 million was transferred to Maxwell between 1999 and 2007.

Ghislaine Maxwell court case
Jeffrey Epstein standing in front of a private plane (US Department of Justice)

Executive director at JP Morgan, Patrick McHugh, explained various elements of bank statements to the trial jury on Monday, including a single $18.3 million wire transfer to Maxwell from Epstein in October 1999.

Mr McHugh also confirmed Epstein sent a further $5 million to the defendant in September 2002.

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The final transfer shown to the court was from an account that Epstein was the “beneficial owner” of, amounting to $7.4 million.

Statements from Maxwell’s account showed the money was transferred to an account called Air Ghislaine Inc the same day, before $7,352,825 was used to purchase a green helicopter from an account under the name Sikorsky Aircraft Corporation.

Defence counsel Christian Everdell asked Mr McHugh to confirm there was no evidence of foul play with the transactions – to which the witness replied by saying he had no way of knowing, but there did not appear to be.

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