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UBS Accused of Facilitating Ghislaine Maxwell's Purchase of Epstein Hideout
6 articles |
Updated 1h ago |
Created 11h ago
New documents and reports reveal that Swiss bank UBS assisted the convicted sex trafficker Jeffrey Epstein by facilitating a wire transfer scheme for his accomplice, Ghislane Maxwell to purchase her estate "Tucked Away" on 63 hectares of land in rural Hampshire.
Key Points
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1Ghislaine Maxwell purchased a compound known as 'Tucked Away' on land that is described differently across sources, ranging from approximately 63 hectares to roughly half of the total acreage.
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2The property was bought in December 2019 for $1.1 million (approximately R18.9m) and served as Maxwell's final residence before her arrest in July 2020.
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3Swiss banking giant UBS provided funds that facilitated the cash purchase of this estate, according to reports from multiple sources on March 27.
Developments
Dec. 19
$1.1 million (R18.9m) home purchased in December by Ghislaine Maxwell with funds sent via UBS, becoming her final residence before arrest.
July 2020
Ghislaine Maxwell was charged and arrested at the 'Tucked Away' compound after living there for approximately one year following its purchase in December of that previous decade (contextualized by report date).
Mar. 27
Multiple news outlets published reports detailing UBS's role and the details surrounding Maxwell's acquisition of 'Tucked Away'.
How UBS helped Epstein accomplice Maxwell buy her hideout, ‘Tucked Away’
Timeslive.co.za
11h ago
Documents released by US authorities reveal that Swiss bank UBS processed $1.1 million in funds for Ghislaine Maxwell to purchase her estate "Tucked Away" just months after receiving an FBI subpoena regarding Jeffrey Epstein's sex trafficking investigation, despite having warned the client it would cease doing business with them within a month of August 2019 and failing to report these suspicious activities as required.