Jeffrey Epstein's Fugazi Charity Was Really A Front Operation

Jeffrey Epstein’s so-called charity was a parody of philanthropy—a glossy storefront for laundering money, buying influence, and disguising the true scope of his criminal enterprise. On paper, the foundation claimed to support science, education, and global causes. In reality, the filings showed paltry amounts actually going to legitimate charities while large sums flowed into projects that padded Epstein’s image or circled back into his own network. It was the classic predator’s playbook: slap a humanitarian label on the operation, and suddenly hedge fund cash, foreign transfers, and murky “donations” could move around under the guise of benevolence.


The real sickness was how the law enabled it. Charitable foundations enjoy enormous tax advantages and face laughably weak oversight. Epstein exploited this loophole masterfully, using his “philanthropy” not only to launder funds but to open doors into elite academic and scientific institutions that gave him legitimacy. Universities and research centers took his money, looked the other way, and in return gave him access to some of the brightest young minds he could exploit. The so-called charity wasn’t charity at all—it was a financial and social laundering machine, perfectly legal on the surface yet utterly corrupt in function.

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source:

https://www.nytimes.com/2019/11/26/business/jeffrey-epstein-charity.html

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