Epstein Victims To Receive Huge Payouts As Part of $72.5 Million Settlement Fund

Lawyers representing Jeffrey Epstein's victims have reached a settlement with Bank of America. The women may benefit from a $72.5 million fund set up pending final approval.

On Thursday, U.S. District Judge Jed S. Rakoff gave his preliminary approval to the deal. A final approval hearing is set for August 27. The judge also asked the lawyers to submit a list of publications by Friday. In particular, those that could be properly used to spread the word that this fund exists.

Rakoff said on Thursday, “While it’s perhaps extremely likely that the victims of Jeffrey Epstein’s monstrous acts can never be fully compensated, the victims are entitled to receive just compensation from any person or entity that knowingly, recklessly, or otherwise unlawfully facilitated his sexual trafficking.”

According to the latest update, at least 75 women who were s--ually abused by the disgraced financier may benefit from the BofA settlement. On Thursday, the judge said that he wanted to ensure “nobody is left out.”

This comes after lawyers filed lawsuits against Bank of America, alleging that the bank ignored suspicious transactions associated with Epstein between 2008 and his arrest in 2019, when he was trafficking and abusing girls.

Following the Thursday hearing, attorney David Boies stated that he believes at least 60 to 75 women might be eligible for the payouts based on their claims. However, he added, “There may be more we haven’t identified.”

Bank of America said in a statement, “While we stand by our prior statements made in the filings in this case, including that Bank of America did not facilitate s-x trafficking crimes, this resolution allows us to put this matter behind us and provides further closure for the plaintiffs.”

On July 6, 2019, Epstein was arrested on federal s-x trafficking charges. Prior to that, in 2008, he was arrested and convicted on other s-x related charges. Following his second arrest, the disgraced financier was held at the Metropolitan Correctional Center in New York. On August 10, 2019, he died by suicide.

A year after Epstein’s arrest, his associate and accomplice, Ghislaine Maxwell, was also arrested in Bradford, New Hampshire. She was charged with trafficking minors and s-x abuse conspiracy involving Epstein. Following her 2021 trial, Maxwell was sentenced to 20 years in prison.

One of the most well-known Epstein victims was Virginia Giuffre, who passed away in 2025. Since the release of the Epstein files, several other survivors have spoken out. Among them is Marina Lacerda, who said that she was there from age 14 to 17. Another is Annie Farmer, who was trafficked from New Mexico at 16. Her sister reported the abuse, but ultimately nothing happened.