- 8th August 2019
- Posted by: Hakeem
- Categories: Business plans, POLITICS
- Jeffrey Epstein misappropriated more than $46 million from L Brands founder and chairman Les Wexner and his family, Wexner told members of his charitable foundation in a letter.
- “I am embarrassed that, like so many others, I was deceived by Mr. Epstein,” wrote Wexner about the former friend of President Donald Trump and Bill Clinton. Wexner’s company own Victoria’s Secret and Bath & Body Works.
- The wealthy financier Epstein is accused by federal prosecutors of sex trafficking underage girls whom he allegedly abused in his New York and Florida homes.
Jeffrey Epstein, the wealthy financier currently under indictment for alleged child sex trafficking, misappropriated more than $46 million from L Brands founder and chairman Les Wexner and his family, Wexner revealed Wednesday.
And Wexner also said in a letter to the “community” of his charitable Wexner Foundation, “I am embarrassed that, like so many others, I was deceived by Mr. Epstein.”
“I know now that my trust in him was grossly misplaced and I deeply regret having ever crossed his path.”
Epstein for years was known for managing Wexner’s personal finances before the first criminal probe into his penchant for getting massages from girls became public. Numerous stories about Epstein noted that Wexner was his only known client.
Wexner, 81, said he learned that money was missing only after he decided in 2007 to sever his relationship with Epstein after Epstein was placed under investigation for alleged sexual misconduct with young girls in Florida.
“We discovered that he had misappropriated vast sums of money from me and my family,” Mr. Wexner wrote in his letter to the Wexner Foundation Community.
“This was, frankly, a tremendous shock, even though it clearly pales in comparison to the unthinkable allegations against him now,” wrote Wexner, whose L Brands owns Victoria’s Secret and Bath & Body Works.