Billionaire Stephen Deckoff buys Jeffrey Epstein's private islands in USVI
An investment firm led by the billionaire Stephen Deckoff has bought two private islands in the U.S Virgin Islands previ
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An investment firm led by the billionaire Stephen Deckoff has bought two private islands in the U.S Virgin Islands previ
Stephen Deckoff, founder of Black Diamond Capital Management, pays $60mn for property once owned by late sex offender
Stephen Deckoff, the founder of Black Diamond Capital Management, paid £48m for Little St James and Great St James in the US Virgin Islands
The sale closes another chapter in the financial dealings of the disgraced financier, who died by suicide in 2019 in a New York jail while awaiting trial on sex-trafficking charges.
The two private islands, known as Great St. James and Little St. James, first hit the market as a package deal for $125m in March 2021, but this was cut to $55m a piece - or $110m for the pair.