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CHAPTER 26 9 Jeffrey Epstein: 1984 Q ay ow did Jeffrey Epstein make all his money? he years about mon- Epstein would tell stories over t ies recovered from slippery characters. Sometimes, friends and former associates would say, he'd suggest he had ties to the mpression that he was doing ~ nt by government, giving listeners the i dangerous, glamorous work. Others said that what Epstein really did, at this stage in his was much more banal. According to them, Epstein spent career, most of his time coming Up with creative new ways for the rich” he commission for tax-avoidance deals” mber of deals Epstein was involved | record of successes 4% d to avoid paying taxes. Er was enormous, although the nu with is a matter of conjecture, as is his failures. But Epstein’s busine fee. No fancy math. No percentages. ss model was evolving. He'd charge 2 flat 108 Pay me fifty million d amount. At first Epstein did nc asked that the payment— escrow. If his strategy wo bounced back to the clien) In the eighties, when much, much higher than 50 percent, it was an ext were other ways to make 1 In 1982, Epstein sold his relatives, and others on an Michael Stroll, had run W company known for the pi Stroll put $450,000 int But in 1984, Michael $ q repeated demands and re 4 Epstein owed him, he got _ ment. Eventually he sued | q ing $440,000— the case w - Epstein told the judge tha ply the payment for a hor: Like many cases invol of court, the terms of the f HOUSE_OVERSIGHT_022077