Epstein held most of his assets at Deutsche Bank, documents show

Financier Jeffrey Epstein, convicted of sexual offences, held the majority of his assets at Deutsche Bank, according to Wirtschafts Woche, citing documents from the U.S. Treasury Department.

Epstein’s accounts at the bank totaled $135 million.

He was a Deutsche Bank client from 2013 to 2019, though his account balances declined over time, falling from $135 million in 2014 to $94 million in 2017.

Despite his conviction and status as a registered sex offender since 2008, Epstein’s overall wealth grew. Financial statements show his assets peaked in 2017 at around $454 million.

The convicted sex offender is said to have deliberately manipulated and exploited underage girls for years and introduced them to influential acquaintances and business partners.

Last week, the US Treasury Department released millions of documents related to the case. These include several financial statements that attest to Epstein's enormous wealth. According to these documents, the deceased sex offender had assets worth around $386 million at the time. It is not clear who created the documents or for what purpose.

The millionaire pleaded guilty in a Florida court back in 2008. He had to serve a 13-month prison sentence for the sexual abuse of a minor. Since then, he has been registered as a sex offender in the US.

In July 2019, Epstein was arrested again on charges of human trafficking and sexual exploitation. On August 10, 2019, Epstein was found hanged in his cell at a prison in New York.

By Khagan Isayev