Jeffrey Epstein's New Mexico ranch is sold for an undisclosed price to a newly registered company

  • 📰 AP
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Known as the Zorro Ranch, a high-desert property once owned by disgraced financier Jeffrey Epstein has been sold after two years on the market.

An attorney for Epstein’s estate, Daniel Weiner, confirmed Tuesday that the ranch had been sold for an undisclosed price, and the proceeds would be used to administer the estate and pay creditors. The property was listed in 2021 for $27.5 million. That price was later dropped to $18 million.

Weiner told Albuquerque television station KRQE that the estate would disclose the sales price in its next quarterly accounting that will be filed with the probate court in the U.S. Virgin Islands. Records kept by the Santa Fe County assessor list the new owner as San Rafael Ranch LLC, which registered with the secretary of state’s office in late July, the Santa Fe New Mexican reported.

Epstein was found dead in August 2019 in his Manhattan jail cell, where he was awaiting trial on sex trafficking charges. Federal watchdogs have said negligence, misconduct and job failures hadIn New Mexico, Epstein built a 26,700-square-foot mansion with a sprawling courtyard and a living room roughly the size of the average American home. Nearby was a private airstrip with a hangar and helipad. The property also included a ranch office, a firehouse and a seven-bay heated garage.

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jeffrey Epstein’s New Mexico ranch lands buyer after 2 years on marketThe convicted pedophile’s longtime ranch property in Stanley, south of Santa Fe, was last listed for $18 million — far from its initial $27.5 million.
Source: nypost - 🏆 91. / 67 Read more »

Manager with Colorado cannabis business is tapped to lead New Mexico's team of marijuana regulatorsA manager with one of Colorado's largest cannabis companies will serve as the next director of New Mexico's Cannabis Control Division.
Source: AP - 🏆 728. / 51 Read more »

Manager of one of Colorado’s largest cannabis companies to lead New Mexico's cannabis regulatorsNew Mexico has hired Todd Stevens, a manager of one of Colorado’s largest cannabis businesses, to lead the state’s team of marijuana regulators.
Source: FoxNews - 🏆 9. / 87 Read more »