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Epstein Donations
Old 09-10-2019, 09:50 AM   #1
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Epstein Donations

Jeff Epstein donated to Harvard, MIT and other institutions. The money itself is not tainted, it is going to good use (unless the money was used for illicit purposes). DH disagrees and calls it dirty money. I beg to differ.

DH claims Al Capone gave to many charities, poor people etc. and said that was blood money. Money is money. So what, if it comes from a tainted sources. Does the government turn away laundered money coming from illegal sources? The illegal sources turn it into legitimate money and use it, pay taxes on it. Where is it supposed to go?
I do believe Epstein's estate should go to the abused victims and anyone harmed from his disgusting lifestyle. Those victims will not turn away his money because it's dirty.
I may be ignorant on my take on this. Where does "dirty money" go? Somebody pockets it.
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Old 09-10-2019, 09:54 AM   #2
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There's a reason why they call it money "laundering", so people (and the authorities) no longer know the money was "dirty".

Some people have a stronger sense of guilt by association than others.
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Old 09-10-2019, 09:56 AM   #3
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I don't think Harvard and MIT will be in too much financial trouble if they return the donations to the estate.
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Old 09-10-2019, 09:58 AM   #4
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Why would he think Epstein's money is dirty? It did not come from illicit activities. It is not like Madoff's money that was definitely illicit.
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Old 09-10-2019, 10:00 AM   #5
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Originally Posted by ziggy29 View Post
There's a reason why they call it money "laundering", so people (and the authorities) no longer know the money was "dirty".

Some people have a stronger sense of guilt by association than others.
Giving away money isn't laundering.
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Old 09-10-2019, 10:05 AM   #6
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Giving away money isn't laundering.
I'll take "missing the point" for $400, Alex.
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Old 09-10-2019, 10:09 AM   #7
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You know who gave money that dwarfs all the people listed about?

The Sackler pharmacy family. Here's a question? they will get the living crap sued out of them as it should be. The intuitions who took the money pretty much looked the other way. Should those intuitions be forced by the courts to return the money to the pile to settle the lawsuits against them. Claw back it happened to some people who "invested" with Madoff...
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Old 09-10-2019, 10:12 AM   #8
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The Sackler pharmacy family. Here's a question? they will get the living crap sued out of them as it should be. The intuitions who took the money pretty much looked the other way. Should those intuitions be forced by the courts to return the money to the pile to settle the lawsuits against them. Claw back it happened to some people who "invested" with Madoff...
I think there's a moral (and possibly legal) difference between not knowing money was "tainted" and knowingly accepting it while choosing to look the other way -- or even having reasonable suspicions about it.

And if someone with all the tainted money had reason to believe they'd lose much or all of it if they were caught, there's the potential for "fraudulent conveyance" when they dole it out to others. In this case, one could *ostensibly* argue that this money should go to the victims.
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Old 09-10-2019, 10:15 AM   #9
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Originally Posted by Rianne View Post
Jeff Epstein donated to Harvard, MIT and other institutions. The money itself is not tainted, it is going to good use (unless the money was used for illicit purposes). DH disagrees and calls it dirty money. I beg to differ.

DH claims Al Capone gave to many charities, poor people etc. and said that was blood money. Money is money. So what, if it comes from a tainted sources. Does the government turn away laundered money coming from illegal sources? The illegal sources turn it into legitimate money and use it, pay taxes on it. Where is it supposed to go?
I do believe Epstein's estate should go to the abused victims and anyone harmed from his disgusting lifestyle. Those victims will not turn away his money because it's dirty.
I may be ignorant on my take on this. Where does "dirty money" go? Somebody pockets it.
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Why would he think Epstein's money is dirty? It did not come from illicit activities. It is not like Madoff's money that was definitely illicit.
The source of Epstein's funds appears to be mysterious.
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Old 09-10-2019, 10:15 AM   #10
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I'll take "missing the point" for $400, Alex.
Nah, you gotta go with the Holzhauer strategy. "Pointless comments" for $2000.
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Old 09-10-2019, 10:21 AM   #11
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The problem with the MIT situation is far more complex. This wasn't really money laundering:

The university had him on a "no thanks" donor list
The lab took his money anyway, hiding it as anonymous
The lab invited him to meet with lab faculty and to provide INPUT on projects
The lab was clearly intentionally covering up the donations

Now this is all coming to light, MIT's president has pledged to donate all the funds to victim support charities.
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Old 09-10-2019, 10:37 AM   #12
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The problem with the MIT situation is far more complex. This wasn't really money laundering.
OK, perhaps I was too subtle. I didn't mean to claim this was 'money laundering' in the legal context. My point was just that some people want to make "dirty money" feel cleaner, and may feel that giving to charity does that, at least in their own mind. And simply food for thought -- what makes "dirty money" clean again, not just in the eyes of the authorities but morally?

If you didn't know money was tainted and you spent it, so be it. If you know it was tainted and spent it anyway, shame on you. If you find out later it was tainted and you still have it, giving it to the victims (IMO) "cleans" it.
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Old 09-10-2019, 10:39 AM   #13
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I think there's a moral (and possibly legal) difference between not knowing money was "tainted" and knowingly accepting it while choosing to look the other way -- or even having reasonable suspicions about it.

And if someone with all the tainted money had reason to believe they'd lose much or all of it if they were caught, there's the potential for "fraudulent conveyance" when they dole it out to others. In this case, one could *ostensibly* argue that this money should go to the victims.
How about if they donated it to massage their public images and act like pillars of the communities? I'm thinking some lawyer somewhere is going after some of these places.
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Old 09-10-2019, 10:42 AM   #14
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How about if they donated it to massage their public images and act like pillars of the communities? I'm thinking some lawyer somewhere is going after some of these places.
Perhaps. I don't know if there was any faith-based motives behind giving like this, but if someone did this to demonstrate they were a "good Christian" I'd go Matthew 6 all over them (where Jesus basically says "don't practice faith in public with the motive of being seen").
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Old 09-10-2019, 10:45 AM   #15
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Perhaps. I don't know if there was any faith-based motives behind giving like this, but if someone did this to demonstrate they were a "good Christian" I'd go Matthew 6 all over them (where Jesus basically says "don't practice faith in public with the motive of being seen").
I believe the faith was, I'm a drug pusher but I don't want anyone to know that... Or judge me by my checkbook, not what I actually do.
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Old 09-10-2019, 10:56 AM   #16
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The better question is...how did epstein become so rich? Not even his lawyers can figure it out. You cant find a single article that breaks down how he came to a massive net worth. I also like the fact that someone gifted him a $77 million house in Manhattan. That was sure nice of them. And a certain former person only flew with him 26 times over the years.

And before someone says to "put on your tin foil hat on," just remember...all the cameras in the prison he was in magically captured no footage of anyone coming/going from the facility. But, he hung himself, case closed. lol
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Old 09-10-2019, 11:03 AM   #17
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I was hoping the IRS would decide my money was dirty and refuse to accept it.
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Old 09-10-2019, 11:21 AM   #18
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The better question is...how did epstein become so rich?
We may never know the full extent of how he came to be so wealthy as it seems as though much was 'shady'.

Here's an article with a few details: https://www.washingtonpost.com/polit...cce_story.html Politics

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Old 09-10-2019, 11:28 AM   #19
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We may never know the full extent of how he came to be so wealthy as it seems as though much was 'shady'.

Here's an article with a few details: https://www.washingtonpost.com/polit...cce_story.html Politics

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Old 09-10-2019, 02:29 PM   #20
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We may never know the full extent of how he came to be so wealthy as it seems as though much was 'shady'.

Here's an article with a few details: https://www.washingtonpost.com/polit...cce_story.html Politics

omni
The conspiracist me says we may never know the full extent of how he died.

Circumstances are too convenient for him go so suddenly just as there is so much to uncover.
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