Leon Black agrees to pay $62.5 million to avoid Jeffrey Epstein-related lawsuits in the US Virgin Islands – Erie News Now

“As publicly reported, Mr. Black engaged and made payments to Jeffrey Epstein for legitimate financial advisory services, which based on everything now known, he very much regrets,” Whit Clay, a spokesman for Black, told CNN. ” Consistent with settlements of other major U.S. banks, Mr. Black resolved the USVI’s potential claims arising out of the unintended consequences of those payments. There is no suggestion in the USVI settlement that Mr. Black was aware of or participated in any misconduct.”