{"efta_number": "EFTA00586431", "page_count": 3, "url": "https://epstein-data.com/EFTA00586431", "pdf_url": "https://epstein-data.com/pdf/EFTA00586431.pdf", "pages": [{"efta_number": "EFTA00586431", "page_number": 0, "text_content": "On behalf of Financial Infomatics Virgin Islands, an entity yet to be formed, Jeffrey Epstein \nrespectfully requests consideration for approval of a license to operate a Protected Cell Company \nwithin RTPark-PC as further described below. \nProvided below is a brief summary regarding Mr. \nEpstein, his contributions to the U.S. Virgin Islands and his plans for the prospective Protected Cell \nCompany. A more comprehensive due diligence submission will be made in the near future. In the \nmeantime, please do not hesitate to direct any and all questions or comments you may have regarding \nMr. Epstein and the prospective Protected Cell Company to Mr. Epstein's counsel, Erika Kellerhals \nat Kellerhals Ferguson, LLP, 9100 Havensight, Port of Sale, Suite 15/16, St. Thomas, Virgin Islands \n00802, Telephone (340) 779-2564. \nMr. Epstein's business career began in 1976 at Bear Stearns & Company. He subsequently \nstarted his own financial consulting firm in 1981, which he eventually brought to the U.S. Virgin \nIslands in 1999, when he opened Financial Trust Company, Inc. Mr. Epstein is the Chairman, \nPresident and sole shareholder of Financial Trust Company, Inc., a financial consulting firm which \nhas been an EDC beneficiary for the past 12 years. In addition to his and his company's significant \ncontributions to the U.S. Virgin Islands economy, over the past 12 years, Mr. Epstein, his company \nand the philanthropic foundation he funded and organized have given over $2.3 million to U.S. \nVirgin Islands charitable interests, including $1.1 Million to educational pursuits, and scholarship and \nenrichment programs, and approximately $650,000 to local U.S. Virgin Islands charities and U.S. \nVirgin Islands youth sporting organizations. His foundation has continued to provide opportunities \nfor scientific and technological exploration and development in the U.S. Virgin Islands by sponsoring \nseveral scientific symposiums in the U.S. Virgin Islands enabling local interaction among Nobel \nLaureates and faculty, postdoctoral researchers, graduate and undergraduate students, educators and \nthe public. \nFor a relatively brief period in what has otherwise been a productive and accomplished life, \nMr. Epstein did face some legal difficulties relating to matters alleged to have taken place over five \nyears ago exclusively within Palm Beach County, Florida. On June 30, 2008, before the Florida \nCircuit Court for the 15th Judicial Circuit located in Palm Beach, Florida, Mr. Epstein pleaded guilty \nto and was convicted of, one count of solicitation of prostitution and one count of procuring \nprostitution of a person under the age of 18. fie served 13 months of an 18-month sentence, \nfollowed by enhanced probation, wits-sentenee\nths-in-Palm-Beaeb-Geontr \nfollowed-hy-12-meoths-of--eentm\nwhich he completed over a year ago. There \nhave been no similar allegations or charges of any misconduct by Mr. Epstein since that period of \ntime over 5 years ago. Nothing to which Mr. Epstein pleaded guilty and was convicted had any \nrelation whatsoever to the business or industry of Mr. Epstein or to the ownership, management or \noperation of any business by Mr. Epstein. \nBeginning in 2007 a number of civil tort actions arising out of the same or similar matters \nalleged in the Palm Beach investigations, all alleged to have occurred over 5 years ago, were \ncommenced against Mr. Epstein. All but one of these tort actions were commenced in Federal \nDistrict Court for the Southern District of Florida, or in the Florida Circuit Court of the 15th Judicial \nCircuit in and for Palm Beach County. All of the cases commenced against Mr. Epstein arising out of \nthe same or similar alleged conduct have been settled. More details can be provided as necessary \nupon request. \nWith the exception of the above matters, which have been fully resolved, and a small \nnumber of legal actions or proceedings commenced by Mr. Epstein, as plaintiff; which have also \nbeen resolved, litigation commenced over the past 10 years against Mr. Epstein as a defendant has \nbeen unremarkable: \n• \nIn 2004, Mr. Epstein settled a Pennsylvania state court case with an artist. \nEFTA00586431\n", "char_count": 4179}, {"efta_number": "EFTA00586431", "page_number": 1, "text_content": "• \nIn 2005, Mr. Epstein and his company received a settlement in a dispute with Citibank \nbrought in separate fora in New York and in the U.S. Virgin Islands. \n• \nIn 2006, Mr. Epstein settled a Florida Circuit Court case with an artwork consignor. \n• \nIn 2007, an action commenced in New York Supreme Court by the liquidating trustee of \na limited partnership against Mr. Epstein as trustee of one of the limited partners was \ndismissed with prejudice. \n• \nIn 2009, Mr. Epstein settled a dispute with a marine contractor  in the United States \nDistrict Court for the Southern District of Florida sykli \n• \nIn 2010, a case brought by a contractor against Mr. Epstein in the Virgin Islands \nSuperior Court was dismissed and referred to Arbitration, which the contractor \ndetermined not to pursue. \n• \nIn 2010, Mr. Epstein settled a sales contract dispute in the Virgin Islands Superior \nCourt. \n• \nIn 2011, Mr. Epstein and his company received a settlement in a declaratory judgment \nand contract action commenced by an architectural and design firm. \nWith the exception of the case brought against Mr. Epstein as a trustee and the Citibank cases, which \nended in either a dismissal or settlement, none of the litigation described briefly above involved any \nof Mr. Epstein's business activities; they related to Mr. Epstein's personal matters, were resolved and \nare no longer pending. \nOver the past 10 years, neither Mr. Epstein, individually, nor any of his controlled affiliates, \nhave ever been subject to an audit or a post audit penalty assessment by a tax authority (including, \nbut not limited to, the Internal Revenue Service and/or the Virgin Islands Bureau of Internal \nRevenue). \nMoreover, neither Mr. Epstein nor any of his controlled affiliates have ever been \nadjudged, either civilly or criminally, to be in violation of any laws relating to the conduct of his or \nany such controlled affiliate's business, or have ever been subject to a judgment, decree or final order \nenjoining violations of any such laws, or prohibiting or mandating any business activities subject to \nsuch laws. \nOn behalf of Financial Infomatics Virgin Islands, Mr. Epstein seeks approval from the \nUniversity of the Virgin Islands Research and Technology Park Corporation for a license to conduct \nbusiness as a Protected Cell Company. Financial Infomatics Virgin Islands will seek to apply the \nconcepts, methodologies, and technologies related to biomedical and financial informatics, including \npublic health epidemiology, financial genetic algorithms, computational biology, genomics, \npmteomics, structural biology, disease modeling, and biomedical engineering, based on databases and \ninformation to be kept on servers located in the U.S. Virgin Islands  and will make targeted \ninvestments based on the analysis of the sameutilise-these-findittgs-in-making-tergeted \ninvestments. \nDatabase mining has become more and more complicated as the mass of information \nincreases exponentially. In the not too distant future, there will be as many people on the Internet as \nthere existed on this planet in its entirety only 20 years ago. Dissecting useful information from the \nmassive amounts of available data 14. its CIL „IS will require high-level mathematical skills, and high-\nspeed access to various databases. Mr. Epstein also helps-hopes to use the information culled \nfrom these data sources to provide services to non-profit and other charitable projects. The \nU.S. Virgin Islands, located between Africa and the United States and close to Central America, is the \nperfect location from which to provide such skills and access. Moreover, the fiber connections \navailable in the U.S. Virgin Islands will allow for the redundancy necessary to conduct such a high-\ntech operation. \n2 \nEFTA00586432\n", "char_count": 3797}, {"efta_number": "EFTA00586431", "page_number": 2, "text_content": "3 \nEFTA00586433\n", "char_count": 16}]}