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Billionaire pleads to Fla. prostitution charge

Money manager was accused of paying underage girls for naked massages

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updated 3:45 p.m. ET June 30, 2008

WEST PALM BEACH, Fla. - New York billionaire Jeffrey Epstein pleaded guilty to soliciting prostitution from underage girls in South Florida.

Circuit Judge Deborah Dale Pucillo sentenced the 55-year-old money manager Monday to 18 months in the Palm Beach County jail, followed by a year of house arrest. He will also be designated a sex offender.

Epstein was arrested two years ago. Authorities allege he paid several girls under the age of 18$200 to $300 each for naked massages that sometimes became sexual. The incidents took place at his Palm Beach home.

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He also faces state and federal lawsuits filed by several women over similar allegations.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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