July 21 (Reuters) - Apollo Global Management Inc (APO.N) co-founder Leon Black paid $62.5 million to the U.S. Virgin Islands to avoid any legal claims tied to a Jeffrey Epstein sex-trafficking investigation, the New York Times reported on Friday.
The Times obtained a copy of the settlement agreement from the Virgin Islands government through a public records request.
A spokesperson for Black confirmed in an emailed statement to Reuters that Black had settled with the Virgin Islands, noting that there was no suggestion in the settlement "that Mr. Black was aware of or participated in any misconduct."
The spokesperson went on to say that, as previously known, Black had paid Epstein for "legitimate financial advisory services" and that Black had "resolved the (Virgin Island's) potential claims arising out of the unintended consequences of those payments."
A New York state judge in May dismissed a lawsuit accusing Black, 71, of defaming a woman by falsely claiming she tried to extort him after accusing him of rape, which he denied.
Persons:
Leon Black, Jeffrey Epstein, Black, Epstein, Epstein's, Cheri Pierson, Brad Brooks, Rosalba O'Brien
Organizations:
Apollo Global Management Inc, U.S . Virgin, New York Times, Times, Virgin, JPMorgan Chase, Forbes, Thomson
Locations:
U.S, Virgin, Islands, York, defaming, Epstein's, Manhattan, Lubbock , Texas