Billionaire Businessman Refuses to Reveal Full Scope of Jeffrey Epstein’s Alleged Multimillion-Dollar Theft
By ABC News. Leslie Wexner, the billionaire founder of the L Brands retail empire, who in 2019 accused disgraced financier Jeffrey Epstein of misappropriating “vast sums” of his personal fortune more than a decade earlier, has so far refused to reveal the full scope of that alleged multimillion-dollar theft.
In a letter sent to his foundation in August after Epstein was arrested in New York City on sex trafficking charges, Wexner disclosed that a $46 million donation in 2008 from Epstein, who served as Wexner’s personal financial advisor for more than 15 years, to a foundation run by Wexner’s wife Abigail represented only “a portion” of the funds that he recovered from Epstein.
In response to a series of questions from ABC News, however, a spokesperson for Wexner not only declined to specify the amount of money Epstein is believed to have misappropriated but also declined to comment on whether that alleged misappropriation was ever reported to the authorities. . .
The relationship between Wexner and Epstein, who died in prison last year after being indicted on sex trafficking charges, is the subject of the latest episode of ABC News’ “Truth and Lies: Jeffrey Epstein,” an eight-part podcast focusing on Epstein and the women who survived his crimes.
Wexner, 82, built some of the most recognizable clothing brands in the world, including the lingerie giant Victoria’s Secret, and he became fabulously wealthy in the process, with Forbes listing his current net worth as about $4.5 billion. (Read more from “Billionaire Businessman Refuses to Reveal Full Scope of Jeffrey Epstein’s Alleged Multimillion-Dollar Theft” HERE)
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Billionaire Glenn Dubin Retiring From Hedge Fund Amid Fury Over Jeffrey Epstein Ties
By New York Post. Billionaire Glenn Dubin — caught in a firestorm over his controversial ties to dead sex predator Jeffrey Epstein — said Friday he’s retiring from his hedge fund.
The 62-year-old money manager — who, along with his wife Eva Andersson-Dubin, was reportedly a longtime friend of the late pedophile — insisted in a memo to staff that he was leaving his fund Engineers Gate in a pre-planned transition to enable his younger partner Greg Eisner to grow the fund more aggressively.
“I intend to step down as Chairman of Engineers Gate at the end of this month to focus all of my attention and energies on the businesses and philanthropic activities of my family office,” Dubin wrote to his staff.
“In a sense, after forty years, I am looking forward to transitioning from being an ‘Investment Manager’ to an ‘Investor.’” (Read more from “Billionaire Glenn Dubin Retiring From Hedge Fund Amid Fury Over Jeffrey Epstein Ties” HERE)
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