Michael Jackson released a six-paragraph statement just hours prior to a "Dateline NBC" broadcast admitting that he has made financial settlements in the past to avoid the embarrassment of going to court, but he said that he would never harm a child.

Dateline broadcast a lengthy report Friday, Sept. 3, 2004 that Jackson paid $2 million to the 12-year-old son of a Neverland Ranch employee in 1990 to avoid an accusation of child-molestation. This is in addition to the reported $15-20 million in paid another accuser in 1993.

Following is the complete text of the statement released by Michael Jackson:

"It is unfortunate that, yet again, I must respond to untruths and sensationalism.

Years ago, I settled with certain individuals because I was concerned about my family and the media scrutiny that would have ensued if I fought the matter in court.

These people wanted to exploit my concern for children by threatening to destroy what I believe in and what I do. I have been a vulnerable target for those who want money.

I have spent my entire life helping millions of children across the world. I would never harm a child. It is unfortunate that some individuals have seen fit to come forward and make a complaint that is completely false.

Quite frankly, I question the timing and motive of this report.

I look forward to the day when I will be vindicated by a jury of my peers. Maybe then, these reports will come to an end."

Jackson is free on $3 million bail on charges of committing a lewd act upon a child, administering an intoxicating agent, and conspiring to commit child abduction, false imprisonment and extortion. His trial is scheduled Jan. 31.

See AP report: Jackson Admits Payments; Denies Any Abuse

Background: The Michael Jackson Case
See also: False Imprisonment: The Michael Jackson Case
Extras: More Headline Cases