Former Apollo Chief Leon Black Has More Jeffrey Epstein ‘Splaining To Do with Tax Evasion, Alleged Rape of Autistic 16 Year Old

One has to think that most of the rich men who entered accused pedophile Jeffrey Epstein’s orbit are glad they aren’t Leon Black. The disgraced private equity billionaire had a purported professional relationship with Epstein in which Black gave Epstein unseemly amount of money for tax advice….when Epstein was in no way, shape or form a tax professional and all of his ideas were rechecked by actual experts who were paid a pittance compared to the eye-popping $158 million Epstein received. Not only did that arrangement get a fair bit of eyebrow raised press coverage, but the Senate Committee on Finance is also, with limited success, trying to go proctological on the Epstein advice as a case study in how super rich men avoid, and perhaps evade, taxes.

And just as the Senate publicized its probe into Black’s big tax savings and Black’s evident egregious overpay for Epstein’s tax services, and its dissatisfaction with how forthcoming Black has been, comes a new lawsuit alleging that Black raped an autistic 16 year old in 2002 at Epstein’s Manhattan townhouse.

Now admittedly, Black claims that Epstein’s ideas saved Black $1.6 billion in taxes. But tax pros are not paid on a commission basis. And for $158 million, Black could have hired the very best tax attorneys in the world many times over.1

This sort of generosity is particularly out of character in private equity, as is the fact that there was no fee agreement between Epstein and Black. The top dogs are very conscious of getting value for their money. And recall specifically that Black’s Apollo was extract due to the huge volume of legal fees paid by the funds Apollo managed. But the SEC sanctioned Apollo for hogging the discounts for benefit of Apollo, not the funds’ investors.

The press is doing readers a disservice by not making clear that pretty much all of the bad facts regarding Black’s tax and investment dealings with Epstein came out a while back, eventually forcing Apollo to dethrone Black because even normally sheep-like private equity investors were finding the whole affair too unseemly to stomach. From our February 2021 post:

Apollo’s efforts to contain the fallout from co-founder and now former CEO Leon Black having paid boatloads in fees and loans to Jeffrey Epstein after he was convicted of child prostitution are not succeeding.

As we’ll discuss shortly, Apollo had commissioned an whitewash investigation by law firm Dechert to reassure investors that nothing too unsavory had happened, and get them to stop their capital strike against the giant fund. However, the Financial Times reported yesterday that the UN’s pension fund is keeping Apollo on a watch list and the Pennsylvania Public School Employees Retirement System is sticking to its guns: From the Financial Times:

A report by lawyers for Apollo Global Management into the ties between Leon Black and the late paedophile Jeffrey Epstein is “not enough” to remove the company from a watch list of investments that require extra scrutiny, a top UN pension fund official has said…

The Pennsylvania Public School Employees’ Retirement System, which said in October it was not considering any new investments with Apollo, showed no sign of reconsidering its position in the wake of the Dechert review…

The $40bn Connecticut Retirement Plans and Trust Funds said it had “reviewed Apollo this spring and determined, based on a variety of due diligence criteria, they did not meet our standards for making a new capital commitment”.

….So why are many, and perhaps most, big pension fund investors not satisfied with the Apollo report? The short version is bad headlines plus bad details.

The UN pension fund acted after the first big media story on the troubling close relationship between Black and Epstein: Bloomberg’s Jeffrey Epstein Had a Door Into Apollo: His Deep Ties With Leon Black, in July 2019. But as we pointed out then, most investors, like CalPERS, merely went into pious hand-wringing mode.

The scandal grew to an entirely new level last October, when the New York Times broke the story that insiders reported that Black had paid at least $50 million and perhaps over $75 million in fees to Epstein from 2012 to 2017. After Black’s mumbled denials and foot shuffling failed to calm rattled investors, Apollo commissioned Dechert to poke around and put the best possible spin on the facts.

Apparently just about everyone with an operating brain cell reacted as we did when the report came out: Why Apollo’s Palace Coup Against Leon Black and Further Disclosures on Jeffrey Epstein Are Not Reassuring.

Dechert did say there was no evidence that Black was caught up in Epstein’s illicit activities or that Epstein had even tried foisting an underaged girl on him. However, that was about as good as the good news got.

First, the numbers were so much worse than what the Times had initially found. The report stated that Black had paid $158 million, more than twice as high as the Times’ original top figure, plus $30 million in loans, only $10 million of which had been repaid.

Second was that the claims about what all that money was for were wildly implausible. From our post:

The shock value of the magnitude of the payments to Black may succeed in diverting press and investor eyes from the real scandal here: what was Black paying for? And was Apollo implicated? Bear with me, because the supposedly reassuring excerpts from the report by law firm Dechert actually suggest that Apollo was involved too….

This is how Dechert attemptsed to justify the transfers from Black to Epstein. From the Wall Street Journal:

Mr. Black “believed, and witnesses generally agreed, that Epstein provided advice that conferred more than $1 billion and as much as $2 billion or more” in tax savings, the report states.

It also supports Mr. Black’s contention that he paid Epstein a fee he believed was roughly equivalent to 5% of the value that the late financier generated on an after-tax basis.

We’ll deal with the second howler first, that someone like Black would pay for mere advice on a percentage of results basis. As Black knows well, the people who get rich to very rich attach themselves to capital and get paid a percentage for performance, such as brokerage or asset management fees. Black, who buys legal services from the very best firms in the US in bulk, would know he could hire the most cunning tax lawyers in the US for a fraction of what he paid Epstein. He could even have financed a firm with the very best minds in the industry for this kind of dough. And in earlier accounts, Black also asserted that all of Epstein’s advice was vetted by independent experts.

So it seems reasonable to think that Black was not paying just for advice but some kind of execution too, as in moving funds and engaging in sham transactions to recharacterize the economic substance or apparent ownership of funds.

So it’s hard to see Dechert with a straight face parroting Black’s defense that he was paying 5% of the economic value of what is presented as mere tax advice as if that were a reasonable compensation arrangement.

But let’s go back to the first eyepopper: tax savings of $1 billion to over $2 billion.

Let’s be charitable and use Black’s maximum applicable tax rate: a marginal tax rate of about 50% for Federal, New York state and New York city income taxes. That means the amount of Leon Black personal income subject to Epstein’s wizardry, again charitably assuming he managed to find a way to bring Black’s taxes from 50% to zero, would be double the savings, or $2 to $4 billion.

If you read the post, we worked though the implications. It seems impossible to get to anything like these numbers unless you assume some of the income came from fees and expenses coming directly from the portfolio companies which did not go through Apollo. But for Black to achieve different tax outcomes than he’d received before, the income would have had to be distributed or characterized differently. That requires the cooperation of portfolio company employees, who are managed and controlled by Apollo, not Black personally.

Back to the present post. All of the detail above may be more than you wanted to know, but it should also make clear that what went on does not even remotely pass the smell test despite Apollo hiring a fancy firm to apply liberal amounts of porcine maquillage. And too few appear to have considered the idea that Black may have involved Apollo employees or those of investee companies in his scheming.

Three scandals hit Black this week: the announcement that he paid $62.5 million to the Virgin Islands to buy his way of any potential Jeffrey Epstein litigation. That number suggests Black was very exposed and the Virgin Islands has a pretty good idea of that too.

Then we have the revelation that Black’s woes with respect to his Epstein tax shelter dealings have not gone away by virtue of the Senate probe, launched last June but made public on Tuesday. From Reuters:

The U.S. Senate’s Finance Committee on Tuesday revealed an ongoing probe into private equity billionaire Leon Black’s financial ties with disgraced late financier Jeffrey Epstein, and said the investigation “uncovered serious tax issues.”

“The investigation has uncovered serious tax issues and other concerns with trusts and structures Black executed to avoid over $1 billion in future gift and estate taxes,” the panel said….

The Senate panel said that a reported $158 million of payments in several installments from 2012 to 2017 by Black to Epstein for financial advice seemed “inexplicably large,” given that Epstein was “neither a licensed tax attorney nor a certified public accountant.”

The panel also alleged Black “has refused to answer questions or provide any documents that could demonstrate how Epstein’s compensation for tax and estate planning services was determined or justified.

A spokesperson for Black said the billionaire had “cooperated extensively” with the panel’s probe and provided detailed information.

“The transactions referenced in the Committee’s letter were lawful in all respects, were conceived of, vetted and implemented by reputable law firms and tax and other advisors, and Mr. Black has fully paid all taxes owed to the government,” Black’s spokesperson said in an emailed statement.

The New York Times also pointed out:

The investigation by the Senate Finance Committee is part of an inquiry into tax shelters that the superrich use to “avoid or evade paying federal taxes, including gift and estate taxes,” according to the 16-page letter. In April, the committee requested information from Harlan Crow, a billionaire real estate developer, about his tax treatment of gifts to Justice Clarence Thomas of the Supreme Court.

If you compare this recap to the details already in the public domain, it sure looks like the Senate has not learned much, despite claiming they (among other things) were picking at inconsistencies in the Dechert report. And the list of follow-up questions does not look inspired.2

The fact is that rich people are allowed to be sloppy and stoopid and not paper up business dealings. It may seem obvious that a guy like Black must have had some not-savory reasons for deviating from sound practice, but bad appearances are a long long way from proving misconduct.

Now let us turn to the part you’ve been waiting to read about…the rape accusation! Yours truly is frustrated by so far not being able to read the filing, lodged in Federal Court in the Southern District of New York.

However, as a mere watcher of the New York City sex crimes show Special Victims Unit, whose stories often revolve around how difficult it is to prove sex crimes in court, even if Black did 100% of what the filing alleges, it seems the odds of proving it in court, even to the civil suit standard of preponderance of evidence, are low. The filing says the rape took place in 2002. Time is the enemy of prosecutions, and this filing is essentially a prosecution even if in the form of a private suit. Memories fade and can therefore be discredited. Witness die or can’t be located. Evidence goes missing.

The most detailed write up is in the Daily Beast. I have cut out a lot of the detail about how Jane Doe was groomed and then managed:

On Tuesday, a woman identified as Jane Doe filed a lawsuit in Manhattan federal court claiming that Epstein instructed her to give his “special friend Leon Black” a sexualized massage, during which he is accused of brutalizing her to the point that she began bleeding.

Because of Doe’s condition, identified in the complaint as mosaic Down Syndrome, her developmental age was about 12 years old and …was “a perfect target” for Epstein and his girlfriend and accomplice Ghislaine Maxwell…

The lawsuit includes graphic details of Black’s alleged abuse, as well as allegations of Doe signing up for a cheerleading program only to be groomed and abused by an adult volunteer named “Elizabeth,” who eventually introduced her to Maxwell…

In late spring or summer of 2002, Elizabeth informed Doe she would be heading to New York to meet Black..

After she arrived at Epstein’s townhouse, Doe spotted Black—whom she described as “a huge older man” who is “6’ 4” and about 300 pounds” with a “bulbous nose” and “skin tags and moles”—having a conversation with Epstein. The lawsuit says Doe’s “initial impression of Black was that he looked like an ‘ogre,’ and she felt frightened.”

Epstein ordered Doe to give Black “the same kind of ‘massage treatment’ that she gives Epstein —meaning that it would involve sexual intercourse and she was expected to strip naked,” the lawsuit alleges.

According to the document, Black then led Doe to an upstairs massage room, gripping her hand “so hard that she thought he might have broken bones.”

Once inside the room, Black allegedly tossed Doe over his shoulder and threw her onto the massage table, knocking the wind out of her. “She tried to scream but Black placed his hand over her mouth and leaned over her while ripping off her shirt and under her skirt pulling her underwear off,” the lawsuit continues.

Doe claims Black called her “demeaning” names during the assault and laughed at her attempts to escape him, asking if she was “feisty.” She also alleges that Black penetrated her forcefully with sex toys. At one point, Doe says his assault was so painful that she kicked him, sending him into a rage where he called her a “whore” and “slut” and threw her to the ground.

Unless the law firm has found a strong corroborating witness or Jane Doe kept a diary or told friends or relatives about what happened in detail, it’s hard to see how this goes very far. Anyone who is remotely friendly to Black could credibly claim not to remember Jane Doe and/or the alleged incidents. And if Jane Doe testifies, it would not be hard for Black’s attorneys to make mincemeat of her.

Black’s lawyer claims he never met Jane Doe and that the case “as pleaded” is barred by the statute of limitations, which suggests rookie errors. The plaintiff’s firm Wigdor has filed two rape suits against Black, one of which had the client fire Widgor shortly before a judge dismissed the suit.3

A second Wigdor case is pending. There is such bad blood that Black’s lawyer filed for sanctions and they cross sued each other for defamation. Black’s lawyer says she plans to file for sanctions again, that this Jane Doe filing only strengthens the case.

So pass the popcorn. We may get some more vignettes from the seamy life of Jeffrey Epstein, and may also see Black discomfited some more.


1 Specifically, one would assume Black would have strong incentives to get his tax advice from a tax attorney, since the communications and work would be attorney-client privileged. However, attorney-client privilege is subject to a crime-fraud exception. Justia provides a careful explanation, including that the carveout typically applies to ongoing or prospective misconduct, not past crimes. Law firm Lubin Austermuehle gives a more layperson-friendly writeup:

The attorney-client privilege is a privilege that protects communications between a client and attorney from discovery or disclosure. The privilege is not absolute, however. It does not, for instance, protect statements made by a client to an attorney meant to further or conceal an intentional breach of fiduciary duty or crime. This recognized exception to the attorney-client privilege is known as the crime-fraud exception.

One court described the crime-fraud exception and the rationale behind it by explaining that “the crime-fraud exception encompasses a fraudulent scheme, an alleged breach of fiduciary duty or an accusation of some other wrongful conduct. Advice in furtherance of a fraudulent or unlawful goal cannot be considered ‘sound.’ Rather advice in furtherance of such goals is socially perverse, and the client’s communications seeking such advice are not worthy of protection.”

Now it may be that Black was overpaying Epstein to buy his silence with respect to their extracurricular activities. But it’s not hard to imagine that Black was using these tax schemes to launder money, particularly given how much of Black’s wealth was in art. Or perhaps Black had done a dirty to his Apollo partners or its investment funds. Remember that Apollo was at the center of a massive pay-to-play scandal at CalPERS that landed its CEO Fred Buenrostro in Federal prison for taking bribes.

2 Theoretically the Senate Committee could play hardball and try to get Black’s tax returns. But I doubt that would work. My understanding is Congress would have to have a bona fide legislative intent and it’s hard to see what one could be. And even if they got them, they’d be vanishingly unlikely to able to see how the Epstein tax structuring advice played out in them.

3 That filing got a lot of attention because it read like a prototypical rich man’s misadventure: Black takes up with a Russian model, Guzel Ganieva, and treats her like a mistress, including IIRC paying for schooling, but over time her demands escalate and things get acrimonious. So the relationship was consensual but that does not rule out rape (remember, there is even spousal rape). The case got tossed because Ganieva had signed a non-disclosure agreement which meant none of what happened between her and Black could be discussed in court.

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  1. John

    I suspect Epstein was running a honeypot scheme on behalf of the western intelligence agencies. Black was initially a target, then as he participated in the bunga bunga parties, grew close to Epstein and began to see the information goldmine Epstein was on. I bet those payments were for insider information Apollo and Black traded on.

    1. Yves Smith Post author

      Apollo was in private markets. They did not generate inside information except potentially in Apollo’s own stock and it would be too risky to trade on that.

  2. Neutrino

    Leon Black’s 15 minutes of infamy should lead to trial, conviction and sentencing of 15+ years behind bars.

    Epstein Island visitors, like Bill 26 Times Clinton, need to be investigated for their crimes against children in particular, and against trafficked victims in general.

    If that means calling out the good and great from Washington and Wall Street, so be it. They are not above the law.

    In the end have they no sense of decency?

    1. Yves Smith Post author

      The fact that it seems very likely that Black misused some of Epstein’s groomed underaged women does not mean that this 20 year old case is valid, much the less can be proven. Epstein allegedly had cameras in his NY townhouse and probably in the Virgin Islanda, so he would have blackmail goodies galore.

      But there would be no reason to allow the girls to be in a position to blackmail Epstein’s erm, guests. Epstein would want to minimize that risk in order to assure his control.

      If Epstein were spook adjacent, as many have asserted, you’d expect him to be particularly careful on this issue. One could see him and his team deliberately misattributing who the customer was so as to maintain control of the situation.

      1. playon

        It would be wonderful if this case was won but if not, the extreme amount of negative publicity (which Leon Black will likely never live down) at least is some kind of weak justice. Will Epstein’s client list ever be revealed, is the big question.

  3. Rip Van Winkle

    Daddy ran United Brands Company back in the day, so very well-connected from the get-go, went to the right schools, too.

  4. TimH

    If Black was paying Epstein so much, isn’t this essentially a blackmail situation? If so, who else had their petard similarly hoist?

    1. Yves Smith Post author

      Did you read the post in full? It seems not. I am assuming you are referring to the recreational activities and not the tax machinations.

      First, and I neglected to include, Black severed relations with Epstein in 2018. You can’t cut off a blackmailer like that.

      Second, it seems likely that the illicit conduct was around the tax deals, and the girls were a side show. Epstein could not blackmail anyone over prostitution, particularly with underage girls, without exposing himself to the mother of all sex trafficking prosecutions. A victim would be highly motivated to turn on Epstein in return for immunity from prosecution.

      Now that does not mean some nervous powerful men might not have thought things through that far, but I don’t think Epstein would have resorted to formal blackmail, as in demands for $. Some of his fellow partiers might have been very attentive, however, to Epstein’s less crass requests, like introductions or donations to charities.

      I pointed out that Epstein may have been facilitating money laundering or other illicit transaction execution. Black was a monster art collector and art is a great vehicle for money laundering. I am going from memory but there was also evidence of Epstein moving currency on his boats.

      1. Arizona Slim

        For more on this topic, I recommend the book, Boom: Mad Money, Mega Dealers, and the Rise of Contemporary Art by Michael Shnayerson.

        Suffice it to say that there’s a lot of money sloshing around the contemporary art world. And the artists sure aren’t seeing much of it.

      2. russell1200

        I apologize, I think I am being a bit obtuse. But what sort of money laundering? Are we talking about spreading fees from laundering other peoples money? Or laundering money black himself somehow obtained? If it is the former, the generating pool of money could be very large. And fees to Epstein are just his cut.

  5. Henry Moon Pie

    Leon Black today. Who’s next? Thomas Pritzker, whose name showed up in the Virgin Islands investigation? There’s always the King of the Eco-Modernists, Bill Gates. Jem Bendell, originator of Deep Adaptation, talks about his experience in his new book about surviving collapse, Breaking Together. Bendell started out as a “corporate sustainability expert,” selling corporations on “sustainable” changes they could make in their businesses. Not long before his conversion to a post-growther, Bendell was seeking a grant for a sustainability project and contacted the Gates Foundation. They said “no” but referred him to this guy in the Caribbean…

    Gates was joined at the hip with Epstein in many ways.

  6. DorothyT

    Read the story of what Gretchen Morgenson calls the ‘Rosetta Stone’ of private equity in her new book “These Are the Plunderers: How Private Equity Runs — and Wrecks — America.” She details the ‘capture’ (my word) of Executive Life Insurance’s billions of assets (bonds – not all junk and certainly not worthless) by Leon Black’s Apollo with the aid of John Garamendi, then CA’s insurance commissioner. Hundreds of companies were swooped up in that so-called auction of a so-called failed insurer’s assets. Yet, as now-Congressman Garamendi’s dept. expert said ‘… we thought they were debt not equity!’ 360,000 policyholders’ losses were pegged at $7B.

    I followed it closely including when the CA Atty. Gen. filed to add Leon Black and Apollo to the complaint. The Judge ruled that only Insurance Commissioner Garamendi could represent the policyholders. And the Dept. of Insurance exonorated Black et al. (Black, of course, was Milken’s sidekick who created the bonds in the first place.)

    Morgenson’s telling of what I believe was the biggest public-private fraud in my lifetime isn’t sexy, but if it doesn’t take your breath away, you can’t understand private equity.

    1. Oh

      I’m reading the book right now and the picture painted of Black is disgusting. How these crooks get away with it, I don’t know. I suspect they bribe the politicians.

  7. petal

    Dartmouth has been refusing to remove Black’s(Class of ’73) name from the Black Family Arts Center on campus.
    BVAC namesake Leon Black ’73 reaches settlement with U.S. Virgin Islands as new lawsuit alleging rape surfaces
    Snip:”Previous allegations made by Pierson and Ganieva have spurred calls from the Dartmouth community to rename the Black Visual Arts Center. The College, however, has not made any decision regarding renaming the building. In November 2022, College spokesperson Diana Lawrence wrote that the College had no plans to rename BVAC.”

    1. Yves Smith Post author

      Unfortunately, it is the Senate, not the IRS, that is asking these questions.

      And as Black has repeatedly claimed, and I assume showed to the Senate, he had recognized tax experts sign off on his tax machinations.

      The IRS is highly unlikely to do anything. They lose nearly all big $ tax cases. They can’t win against the tax lawyers the rich guys hire.

  8. TomDority

    Well, since all of the tax changes and loopholes are generated in the house and senate committees — it may be worthwhile to see if Jeffrey Epstein had serviced those members on the committees. – (IMHO and maybe naive opinion) The unfound list or any other way of determining possible undue/blackmail influence in congressional making of tax laws – or insider frontrunner information prior to issuance of tax laws would be a defacto defrauding of the public and an undermining of confidence. Even knowing that TAX attorneys and CPA’s use loopholes and avoidance ‘strategies’ to perform corporate welfare… it is more discouraging to know that they present tax laws that benefit their client for passage in congress and to do that… they need to influence who gets on the committees (campaign donations, largess etc) and ensure their suggestions get approved (tit for tat) so they and their client gets prestige and a windfall. What better way than old fashioned blackmail. What a way to undermine the republic and screw the democracy – shouldn’t that missing client list exposure be made a national security priority – not to hide it in the name of national security but to expose it to protect security from those intent upon undermining the constitution, the republic and the democracy? Just my two cents

  9. TopHat

    I don’t for a second doubt that Epstein would blackmail Leon Black. He probably did.

    But something which hasn’t got a lot of reporting is that Epstein’s dealings with a former governor of the U.S. Virgin Islands family allowed him to obtain extraordinarily unusual tax exemptions for at least one company that he was operating in their country. According to the Miami Herald:

    “At issue is Southern Trust, a purported data-mining company that Epstein incorporated in the USVI in 2011, and that the government believes was a sham to cover up his illegal activities…In December of 2012, he went before the islands’ Economic Development Authority (EDA), where Gov. Bryan was the chairman at the time, to ask for tax breaks for Southern Trust Co…Southern Trust was given a 90 percent exemption from its income tax and a 100 percent exemption from gross receipts, excise and withholding taxes…the lucrative deal allowed Southern Trust to avoid paying $73.6 million in taxes from 2013 to 2017 on aggregate income of $656 million, according to court documents”

    I find it hard to believe that Epstein was able to generate $656 million in income (its revenues were likely several orders of magnitude higher) over five years running a data-mining company in the U.S. Virgin Islands. Remember – most of the cash running through this company is tax exempt. Something else is going on here. According to another published source:

    “Under former Governor John de Jongh, Southern Trust obtained lucrative tax breaks. At the time, de Jongh’s wife, Cecile, on paper, managed Southern Trust operation. Southern Trust gave thousands of dollars in campaign contributions to Virgin Islands politicians, including current members of the Legislature and the territory’s delegate to Congress.”

    My guess is that Epstein was using Southern Trust, and possibly other similarly set up companies to help wealthy individuals evade taxes or launder money. As describes in this post, Leon Black paid Epstein $158 million over five years between 2012 and 2017. This corresponds to the time period that Southern Trust obtained tax breaks from the USVI. And according to the NY Times:

    “So what did Jeffrey Epstein do to earn hundreds of millions of dollars from a handful of wealthy clients like the private equity billionaire Leon Black? The answer: help rich people pay less in taxes.”

    The Wall Street journal later reported that Epstein was scheduled to meet four billionaires, who were Bill Gates, Thomas Pritzker, Leon Black and Mortimer Zuckerman, on one day in 2014. Bill Gates accompanied Epstein to most of these meetings. Note the year of this meeting also corresponds to the time period that Southern Trust obtained tax breaks from the USVI.

    Lots of billionaires are now associated with Epstein during this time period, either through media reports, or via the U.S. Virgin Islands pending lawsuit against JPMorgan Chase. They include Bill Gates a billionaire and co-founder of Microsoft, Elon Musk the CEO of Tesla, SpaceX, and Twitter, Sergey Brin and Larry Page the co-founders of Google, Reid Hoffman the co-founder and executive chairman of LinkedIn, Michael Ovitz, the former president of Disney and co-founder of the leading Hollywood talent agency CAA, Mortimer Zuckerman a media owner and real estate magnate, Thomas Pritzker the executive chair of the Hyatt Hotels Corporation, Leon Black a billionaire and co-founder of the private equity firm Apollo Global Management, and Ariane de Rothschild, chief executive of the Swiss private bank Edmond de Rothschild Group. According to the USVI’s lawsuit, Epstein attempted to maintain his ties with JPMorgan by touting his connections with some of these high-worth individuals as potential bank clients.

    How all of this will play out is anyones guess. But it’s definitely going to be an interesting show!

  10. Phichibe

    I’d suggest watching an interview on YT with the Israeli Ari Ben Menashe conducted by a very colorful individual named Shaun Attwood. Ben Menashe was a personal aide to Shimon Peres and was tasked with very sensitive intelligence assignments in the 1970s and 80s. Ben Menashe has written that he met Epstein in the early 1980s while visiting Robert Maxwell in London. Maxwell was never publicly identified as an Israeli intelligence asset but when he was found floating next to his yacht (named Lady Ghislaine) his body was flown to Tel Aviv and received an Israeli state funeral attended by 7 former heads of Mossad. Ben Menashe claims that Epstein was a direct agent of Mossad.

    The question of Epstein’s fortune has never been explained; some people think it may even have started with the 500,000,000 pounds Maxwell stole from the pension funds of British media companies he owned. Why did men like Black and Les Wexner gift Epstein hundreds of millions of dollars? Neither of these men has ever displayed a charitable streak in their business or personal dealings. Perhaps we’ll have to wait till they die and see if they get state funerals in Israel as well. The whole Epstein affair is beyond squalid and personally has done much to damage my opinion of Israel, which after watching their treatment of the Arabs both in Israel proper and the occupied territories wasn’t that high. That they managed to reach into a Federal jail and ‘suicide’ Epstein and later into a French jail to ‘suicide’ his partner and pimp Jean-Luc Brunel displays the level of contempt they have for Western justice systems. To base an intelligence operation on pimping beautiful underage women to powerful men is just beyond the pale. (pun intended).


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