Updated

New York billionaire Jeffrey Epstein has 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 also will be designated a sex offender.

Epstein was arrested two years ago after he allegedly paid several girls under the age of 18 $200 to $300 each in return for naked massages at his Palm Beach home that sometimes became sexual.

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