This undated handout photo obtained July 8, 2019, courtesy of the Palm Beach County Sheriff’s Department shows hedge fund billionaire Jeffrey Epstein, who has been accused of sexually assaulting minors (HO)

New York (AFP) – A US federal judge on Thursday rejected Jeffrey Epstein’s bail request and ordered that the financier accused of sexually assaulting minors remain in custody pending trial.

“The government has established the danger to others and the community,” along with the hedge fund billionaire’s flight risk, Judge Richard Berman said in his ruling dismissing the bail application, for which Epstein said he could pay more than $100 million.

Epstein’s defense team had argued that he should be allowed to remain at his home, fitted with an electronic ankle bracelet and with his building under police video surveillance.

“I doubt that any bail package can overcome the danger to the community,” said the judge, who set the next hearing in Epstein’s case for July 31.

In his ruling, Berman cited Epstein’s ownership of a private jet, along with a fake Austrian passport and $70,000 in cash found in his house, as evidence that the financier could skip bail.

Epstein was charged earlier this month in New York with one count of sex trafficking of minors and one count of conspiracy to commit sex trafficking of minors. He faces up to 45 years in prison if convicted.

Prosecutors say Epstein sexually exploited dozens of minor girls at his homes in Manhattan, New York and Palm Beach, Florida, between 2002 and 2005.

Disclaimer: Validity of the above story is for 7 Days from original date of publishing. Source: AFP.