Exclusive | Billionaire real-estate tycoon Andrew Farkas quietly settled sex-video lawsuit as Epstein ties resurface
Summary
Billionaire Andrew Farkas, a prominent real estate developer, quietly settled a lawsuit accusing him of encouraging the nonconsensual sharing of sexually explicit videos involving a former Playboy model and another individual. The lawsuit, filed under the pseudonym John Doe, alleged Farkas urged the model, Angelica Parker, to send him videos depicting intimate acts without the other individual’s consent. The case was settled out of court with no admission of wrongdoing.
This settlement occurred as Farkas faced renewed attention regarding his past business relationship with Jeffrey Epstein, having previously partnered with Epstein on a Virgin Islands marina. Farkas maintains his relationship with Epstein was strictly professional.
Farkas, known as a “legend of real estate” with a net worth of $2.34 billion, is the founder of Island Capital Group and owns significant properties like the Sheraton New York Times Square Hotel and the Lexington Hotel. Parker has also been involved in other civil lawsuits, including cases against Oscar De La Hoya and real estate brokers. The lawsuit against Farkas emerged during discovery in a separate case involving Parker and focused on explicit recordings and private communications.
(Source:New York Post)