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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.

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