Investor buys Caribbean isles once owned by Jeffrey Epstein

May 4, 2023, 6:57 AM

FILE - Jeffery Epstein's estate on Little Saint James Island in the U. S. Virgin Islands, July 9, 2...

FILE - Jeffery Epstein's estate on Little Saint James Island in the U. S. Virgin Islands, July 9, 2019. A U.S. investor has bought two Caribbean islands, Great St. James and Little St. James islands, that were once owned by the late Jeffrey Epstein, a spokesman told The Associated Press on May 4, 2023. (AP Photo/Gianfranco Gaglione, File)

(AP Photo/Gianfranco Gaglione, File)

SAN JUAN, Puerto Rico (AP) — A U.S. investor has bought two Caribbean islands that were once owned by the late Jeffrey Epstein and where authorities allege many of the disgraced financier’s crimes took place.

Stephen Deckoff, with SD Investments LLC, bought Great St. James and Little St. James islands in the U.S. Virgin Islands for $60 million and plans to build an exclusive resort, a spokesman told The Associated Press on Thursday. The islands were on sale for a total of $110 million.

The investment firm said in a statement that a significant portion of the sale proceeds will go toward the U.S. Virgin Island’s government as part of a previous deal with Epstein’s estate.

Forbes first reported the purchase of the islands on Wednesday.

The 25-room resort is slated to open in 2025 and is expected to boost tourism and create jobs, the firm said.

The islands were originally for sale at $55 million each. Little St. James, which locals had nicknamed “Pedophile Island,” has three beaches, a helipad, a gas stations and more than 70 acres (28 hectares) of land. Meanwhile, Great St. James has more than 160 acres (65 hectares) with three beaches.

He had been accused of federal sex trafficking charges and pleaded not guilty to charges of sexually abusing dozens of girls, some as young as 14 years old. Authorities said some of the girls had been brought to his home in the Caribbean.


Sen. Lindsey Graham, R-S.C., speaks during a Senate Appropriations hearing on the President's propo...

Associated Press

Russia issues arrest warrant for Lindsey Graham over Ukraine comments

MOSCOW (AP) — Russia’s Interior Ministry on Monday issued an arrest warrant for U.S. Sen. Lindsey Graham following his comments related to the fighting in Ukraine. In an edited video of his meeting on Friday with Ukrainian President Volodymyr Zelenskyy that was released by Zelenskyy’s office, Graham, a Republican from South Carolina, noted that “the […]

9 hours ago

A man sells bananas at a market during a cease-fire in Khartoum, Sudan, Saturday, May 27, 2023. Sau...

Associated Press

UN agencies warn of starvation risk in Sudan, Haiti, Burkina Faso and Mali, call for urgent aid

ROME (AP) — Two U.N. agencies warned Monday of rising food emergencies including starvation in Burkina Faso and Mali due to restricted movements of people and goods. The four countries join Afghanistan, Nigeria, Somalia, South Sudan and Yemen at the highest alert levels, with communities that are already facing or projected to face starvation or […]

9 hours ago

A worker walks over the pipeline that transports seawater to filters at Europe's largest desalinati...

Associated Press

Drought-struck Barcelona quenches thirst with costly desalination

EL PRAT DE LLOBREGAT, Spain (AP) — Where once the population of Barcelona drank mostly from its rivers and wells, Spain’s second city now relies upon a labyrinth-like mesh of green, blue and purple pipes inside an industrial plant to keep it from going thirsty amid a prolonged drought. Water is pumped from two kilometers […]

1 day ago

OpenAI's CEO Sam Altman, the founder of ChatGPT and creator of OpenAI gestures while speaking at Un...

Associated Press

ChatGPT maker downplays fears they could leave Europe over AI rules

OpenAI CEO Sam Altman on Friday downplayed worries that the ChatGPT maker could exit the European Union

1 day ago

FILE - In this Feb. 11, 2016 file photo, Iranian drone Shahed-129 is displayed at a rally in Tehran...

Associated Press

Russia launched ‘largest drone attack’ on Ukrainian capital before Kyiv Day; 1 killed

KYIV, Ukraine (AP) — Ukraine’s capital was subjected to the largest drone attack since the start of Russia’s war, local officials said, as Kyiv prepared to mark the anniversary of its founding on Sunday. At least one person was killed, but officials said scores of drones were shot down, demonstrating Ukraine’s air defense capability. Russia […]

1 day ago

Asylum seeker Teodoso Vargas shows bullet wounds to his torso, after being shot nine times during a...

Associated Press

Asylum-seekers say joy over end of Title 42 turns to anguish induced by new US rules

TIJUANA, Mexico (AP) — The day that President Joe Biden’s administration ended a public health measure blocking many asylum-seekers at the Mexican border during the coronavirus pandemic, Teodoso Vargas was ready to show U.S. officials his scars and photos of his bullet-riddled body. Instead, he stood frozen with his pregnant wife and 5-year-old son at […]

2 days ago

Sponsored Articles

Internet Washington...

Major Internet Upgrade and Expansion Planned This Year in Washington State

Comcast is investing $280 million this year to offer multi-gigabit Internet speeds to more than four million locations.

Compassion International...

Brock Huard and Friends Rally Around The Fight for First Campaign

Professional athletes are teaming up to prevent infant mortality and empower women at risk in communities facing severe poverty.

Emergency Preparedness...

Prepare for the next disaster at the Emergency Preparedness Conference

Being prepared before the next emergency arrives is key to preserving businesses and organizations of many kinds.

SHIBA volunteer...

Volunteer to help people understand their Medicare options!

If you’re retired or getting ready to retire and looking for new ways to stay active, becoming a SHIBA volunteer could be for you!

safety from crime...

As crime increases, our safety measures must too

It's easy to be accused of fearmongering regarding crime, but Seattle residents might have good reason to be concerned for their safety.

Comcast Ready for Business Fund...

Ilona Lohrey | President and CEO, GSBA

GSBA is closing the disparity gap with Ready for Business Fund

GSBA, Comcast, and other partners are working to address disparities in access to financial resources with the Ready for Business fund.

Investor buys Caribbean isles once owned by Jeffrey Epstein