Les Wexner testifies on financial ties and trust in Jeffrey Epstein

In Brief

Les Wexner describes being deceived by Jeffrey Epstein and financial losses linked to him.

Key Facts

• Les Wexner described himself as 'naive, foolish and gullible' for trusting Jeffrey Epstein
• Wexner testified before US Congress that Epstein stole 'vast sums' of money from his family
• Epstein was a close benefactor and financial manager for Wexner for several years
• Former Israeli Prime Minister Ehud Barak received funds from the Wexner Foundation and later partnered with Epstein
• Wexner was the former CEO of Victoria's Secret lingerie brand

What Happened

Les Wexner testified before US lawmakers acknowledging he was deceived by Jeffrey Epstein, who managed his finances and stole significant amounts of money from his family. Wexner described himself as naive in trusting Epstein, who was a close associate for years. Reports also note connections between the Wexner Foundation and former Israeli Prime Minister Ehud Barak, who later partnered with Epstein.

Why It Matters

Wexner's testimony sheds light on the financial and personal relationship between a high-profile billionaire and Epstein, a convicted sex offender. Understanding these ties is important for ongoing investigations into Epstein's network and financial dealings. The involvement of prominent figures and foundations highlights the broader implications for accountability and transparency in elite circles.