00:00It's Benzinga bringing Wall Street to Main Street.
00:02Billionaire Les Wexner told the House Oversight and Reform Committee that he was duped by a
00:07world-class con man in Jeffrey Epstein and denied knowledge of Epstein's crimes or
00:11participation in abuse, according to AP. The retired L. Brands founder said he gave Epstein
00:17power of attorney in 1991 and ended their relationship in 2007 after discovering theft.
00:23Newly released Justice Department documents detail their ties,
00:26including financial transfers and post, 2007 contact.
00:31Representative Robert Garcia questioned Wexner's account and cited more than $1 billion
00:36identified as transferred or provided to Epstein. Wexner said Epstein repaid a substantial amount,
00:42including $100 million referenced in a 2008 memo and stated he never saw Epstein with young girls.
00:49Some accusers said Epstein claimed close ties to Wexner and used those claims to suggest he could
00:54secure modeling jobs with Victoria's Secret, including during alleged misconduct.
00:59Wexner described himself as deceived by an abuser, a crook, and a liar.
01:04For all things money, visit Benzinga.com.
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