Billionaire Buys Epstein Islands, Reveals Future Plans

An aerial view of Little Saint James Island, in the U.S. Virgin Islands in an undated photo. Gianfranco Gaglione/AP Photo

A billionaire has purchased the islands owned by sex offender and accused sex trafficker Jeffrey Epstein.

Stephen Deckoff, the billionaire investor, made the purchase of Great St. James and Little St. James through his firm SD Investments LLC, the company said in a statement.