Billionaire Les Wexner Claims Jeffrey Epstein Deceived Him
Billionaire Les Wexner testified recently before lawmakers, articulating that he was ‘duped by a world-class con man’—his former financial advisor, Jeffrey Epstein. Wexner vehemently denied any involvement in Epstein’s criminal activities, claiming ignorance of the financier’s misconduct.
Les Wexner’s Association with Jeffrey Epstein
Wexner, the retired founder of L Brands, made these statements during an interview at his Ohio estate, aimed at clarifying his longstanding ties to Epstein. He stated, “I have done nothing wrong and have nothing to hide.” Wexner described himself as a philanthropist and community builder who strives to live ethically.
Legal Scrutiny and Statements
Following the release of Epstein-related documents by the Justice Department, Wexner was subpoenaed by congressional Democrats. These documents illuminated his significant ties with Epstein and highlighted the criticism he has faced over the years.
- Wexner claims he was naive and gullible for trusting Epstein.
- He asserts his relationship with Epstein ended in bitterness after discovering financial misconduct in 2007.
- Despite extensive documentation linking him to Epstein, Wexner has not faced any criminal charges.
Financial Ties and Manipulation
Wexner met Epstein in 1986 during a pivotal moment for his retail business, which included brands like Victoria’s Secret, Abercrombie & Fitch, and Bath & Body Works. Epstein gained Wexner’s trust over the years, eventually being granted power of attorney in 1991 to manage his financial affairs.
Impact of Epstein’s Arrest
Wexner publicly severed his ties with Epstein following the financier’s arrest on federal sex trafficking charges in 2019. However, correspondence between them revealed that they remained in contact after the alleged break in 2007.
According to congressional investigators, Wexner may have transferred over $1 billion to Epstein during their association. Wexner acknowledged that Epstein had misappropriated significant sums of his wealth, although he claimed that the financier returned a portion of it.
Controversy and Public Perception
Wexner’s testimony received mixed reactions. Representative Robert Garcia expressed skepticism, emphasizing Wexner’s financial support to Epstein. In statements made to reporters, Garcia remarked that Wexner was deeply involved in enabling Epstein’s criminal actions.
- Wexner has been associated with Epstein in over 1,000 documented instances.
- His ties have sparked outrage and speculation among the public and survivors of Epstein’s abuse.
Looking Forward
As Wexner continues to navigate the fallout from his connection to Epstein, the impact on his reputation is profound. Survivors of abuse have called for his name to be removed from prominent locations, including the Ohio State University. The complexities of Wexner’s relationship with Epstein will likely remain a topic of intense scrutiny moving forward.
