Billionaire Leslie Wexner, the former CEO of L Brands, recently gave a deposition in a civil lawsuit against Jeffrey Epstein, the disgraced financier and convicted sex offender. The deposition, which took place on September 4th, offered few new details about Wexner’s interactions with Epstein, but it did shed light on the billionaire’s efforts to distance himself from the scandal.
Wexner, who is known for his success in the retail industry and his philanthropic endeavors, has been under scrutiny since it was revealed that Epstein had managed his finances for many years. In his deposition, Wexner maintained that he had no knowledge of Epstein’s illegal activities and had severed ties with him in 2007.
During the deposition, Wexner was questioned about his relationship with Epstein and the extent of his involvement in managing his finances. He stated that he had given Epstein power of attorney in 1991, but had limited his authority to making investments on his behalf. Wexner also revealed that he had given Epstein a total of $46 million over the years, but claimed that he had no knowledge of how the money was used.
Wexner’s deposition also addressed the controversial sale of his Manhattan townhouse to Epstein for $20 million in 1998. The billionaire stated that he had no recollection of the sale and that it was likely handled by his financial team. He also denied any involvement in the renovation of the townhouse, which has been described as a hub for Epstein’s illegal activities.
Throughout the deposition, Wexner maintained that he had no knowledge of Epstein’s criminal behavior and that he had been deceived by the disgraced financier. He stated, “I would never have guessed that a person I employed more than a decade ago could have caused such pain to so many people.” Wexner also expressed his sympathy for the victims of Epstein’s abuse and stated that he had no intention of protecting Epstein or his reputation.
Wexner’s deposition comes at a time when he is facing multiple lawsuits from victims of Epstein’s abuse. The billionaire has been accused of enabling Epstein’s behavior by giving him access to his vast wealth and resources. However, Wexner’s testimony in the deposition sought to distance himself from Epstein and his actions.
In the wake of the deposition, Wexner’s legal team released a statement saying, “Mr. Wexner has been fully cooperative with the authorities and has provided all requested information. He has also taken steps to ensure that this type of abuse never happens again.” The statement also emphasized Wexner’s commitment to supporting the victims and helping them seek justice.
Despite the lack of new information in the deposition, Wexner’s efforts to distance himself from Epstein and his actions have been met with mixed reactions. Some have praised the billionaire for taking responsibility and cooperating with the authorities, while others remain skeptical of his claims of ignorance.
In conclusion, Leslie Wexner’s deposition offered few new details about his interactions with Jeffrey Epstein, but it did shed light on his efforts to distance himself from the scandal. The billionaire’s testimony and his commitment to supporting the victims have been met with both praise and skepticism. As the legal proceedings continue, it remains to be seen how Wexner’s involvement with Epstein will impact his reputation and legacy.