British socialite Ghislaine Maxwell was facing decades behind bars on Wednesday after being found guilty in her sex trafficking trial for helping the late financier Jeffrey Epstein sexually abuse teenage girls.
Jurors deliberated for five full days before finding Maxwell guilty of five of six counts on Wednesday evening.
Maxwell, 60, sat quietly in court, removing her mask to sip water, as Judge Alison Nathan read out the verdicts.
The most serious charge of which she was convicted, conspiring in the sex trafficking of minors, carries a maximum 40-year sentence. No date was set for her sentencing.
Maxwell had pleaded not guilty to charges over her recruitment and grooming of four teenagers between 1994 and 2004 for abuse by Epstein, the billionaire financier. She was once Epstein’s girlfriend before becoming a trusted employee.
Damian Williams, the US attorney for New York's southern district, said she was found "guilty of one of the worst crimes imaginable – facilitating and participating in the sexual abuse of children".
"The road to justice has been far too long," Mr Williams said in a statement.
"I want to commend the bravery of the girls – now grown women – who stepped out of the shadows and into the courtroom. Their courage and willingness to face their abuser made this case, and today’s result, possible."
During the month-long trial, witnesses said the pair exploited them between 1994 and 2004 at Epstein's homes, including an estate in Palm Beach, Florida, his Manhattan town house and a ranch in Santa Fe, New Mexico.
Prosecutor Alison Moe argued Maxwell was “the key” to Epstein's scheme of enticing young girls to give him massages, during which he would sexually abuse them.
Defence lawyers countered that Maxwell, the daughter of former British newspaper baron Robert Maxwell, was a “scapegoat” for Epstein, who killed himself in a US jail in 2019 while awaiting his own sex crimes trial.
Robert Glassman, a lawyer for one of Maxwell’s accusers, said jurors were “loud and clear”.
“If you make it easier for another to sexually abuse children, you, too, will be held accountable for your role in that abuse,” he said. “Maxwell played a critical role in helping Jeffrey Epstein sexually abuse girls.”
Her lawyers tried to undermine the evidence of her accusers, saying their memories were unreliable and that they were motivated by money.
Witness lists were cut on both sides, making the trial end short of its original six-week estimate.
During the trial, Epstein’s former pilot detailed some of the big names he flew for the late financier, including Britain's Prince Andrew, actor Kevin Spacey, and former presidents Bill Clinton and Donald Trump.
None of the people the pilot named were accused of wrongdoing in the criminal case against Ms Maxwell.
Prince Andrew faces a civil case that centres on accusations made by a woman who says he sexually abused her when she was a teenager.
Maxwell did not take the stand in her own defence, but in a defiant statement to the court said prosecutors had failed to prove her guilt.
The 12-person jury, which began considering Ms Maxwell's fate on December 20, resumed deliberations on Monday after a four-day Christmas break.
While conferring, they asked for legal clarifications and transcripts of the four women's evidence, as well as the evidence from other witnesses prosecutors called to corroborate their accounts.
Scores of reporters and lawyers arrived at the courthouse in Lower Manhattan each morning for the day's proceedings. They were sometimes greeted by protesters and attention-seeking conspiracy theorists, who claimed Epstein was part of an elite paedophile ring.
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Abaya trends
The utilitarian robe held dear by Arab women is undergoing a change that reveals it as an elegant and graceful garment available in a range of colours and fabrics, while retaining its traditional appeal.
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes
Match info
Liverpool 4
Salah (19'), Mane (45 2', 53'), Sturridge (87')
West Ham United 0
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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if you go
The flights
Emirates offer flights to Buenos Aires from Dubai, via Rio De Janeiro from around Dh6,300. emirates.com
Seeing the games
Tangol sell experiences across South America and generally have good access to tickets for most of the big teams in Buenos Aires: Boca Juniors, River Plate, and Independiente. Prices from Dh550 and include pick up and drop off from your hotel in the city. tangol.com
Staying there
Tangol will pick up tourists from any hotel in Buenos Aires, but after the intensity of the game, the Faena makes for tranquil, upmarket accommodation. Doubles from Dh1,110. faena.com
THE BIO
Family: I have three siblings, one older brother (age 25) and two younger sisters, 20 and 13
Favourite book: Asking for my favourite book has to be one of the hardest questions. However a current favourite would be Sidewalk by Mitchell Duneier
Favourite place to travel to: Any walkable city. I also love nature and wildlife
What do you love eating or cooking: I’m constantly in the kitchen. Ever since I changed the way I eat I enjoy choosing and creating what goes into my body. However, nothing can top home cooked food from my parents.
Favorite place to go in the UAE: A quiet beach.
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The five pillars of Islam
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Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
The Bio
Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity