Victoria's Secret billionaire Leslie Wexner says Jeffrey Epstein stole $46m of his money - report

[Eugene]

Related:
• Leslie Wexner Accuses Jeffrey Epstein of Misappropriating ‘Vast Sums of Money’ (New York Times)
• Retail Billionaire Behind Victoria’s Secret Says Jeffrey Epstein ‘Misappropriated Vast Sums of Money’ From Him (Wall Street Journal)

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Source: The Guardian

Victoria's Secret billionaire says Jeffrey Epstein stole $46m of his money – report

Leslie Wexner said he discovered the funds were missing after he decided to sever ties with the accused child abuser in 2007

Edward Helmore in New York
Thu 8 Aug 2019 15.41 BST Last modified on Thu 8 Aug 2019 15.43 BST

The billionaire behind the Victoria’s Secret lingerie chain has said that financierand accused child abuser Jeffrey Epstein “misappropriated” more than $46m of his personal fortune, according to a report.

Leslie Wexner, the founder and chief executive of L Brands Inc, the parent company of Victoria’s Secret, said money went missing a decade ago, according to a letter to the Wexner Foundation, seen by the Wall Street Journal and New York Times.

It was reportedly discovered the funds were missing after he decided to sever ties with Epstein in 2007. Wexner wrote that he began to cut ties with the financier after allegations against Epstein surfaced in 2006 involving sexual abuse of underage girls.

Last month, Epstein pleaded not guilty in New York to new sex-trafficking charges. He faces up to 45 years in prison if convicted and is currently in detention, denied bail. Epstein, who took on money management for a raft of wealthy clients, served time in prison in Florida around a decade ago after a controversial plea deal that involved avoiding federal charges.

Wexner’s allegations focus on $46m of investments in a Wexner charitable fund controlled by Epstein. Wexner said that as he severed the relationship, he discovered Epstein had returned only a portion of the money in the fund. He declined to say if he had reported the loss to authorities.

-snip-

Read more: https://www.theguardian.com/us-news/2019/aug/08/victorias-secret-billionaire-says-jeffrey-epstein-stole-46m-of-his-money-report

[dalton99a]

1. But nothing happened because Epstein knew a secret

[Baitball Blogger]

8. +1

[malaise]

12. You win the thread

hands down

[Qutzupalotl]

13. But he's free to speak out now that Epstein's in custody.

Hard to blackmail someone from behind bars.

[2naSalit]

17. Exactly...nt

[uponit7771]

19. +1

[FakeNoose]

2. How can someone be missing $46 million and NOT KNOW IT?

[uponit7771]

3. That's how rich they are, its a disgusting amount of Rich

[TheBlackAdder]

9. To them, that's like the change we keep in the consoles of our cars.

[dalton99a]

4. When billionaires sit down on a sofa, millions fall out of their back pocket

it's annoying and easy to overlook

[global1]

5. How Can Someone Not Report That This Money Was Stolen From Him?.....

Why is this info coming out just now and not back when it was first discovered the money was missing? Is Wexner so rich that $46 million wasn't that critical?

[FakeNoose]

6. Epstein has something on him, that's why

Kompromat - that's where Epstein's funding comes from.
And here everybody thought he was this genius investor.

[TheRealNorth]

14. He operates just like the Russians

Curious.

[uponit7771]

16. THIS !!!! The "P-tape" is a (P)edophile tape and Epstein prolly sold it to the Russians

[FakeNoose]

18. Maybe that would be Chump's P-tape

... but I doubt if Wexner is party to that. Wexner may have agreed to be Epstein's "partner" in the trafficking business, and maybe that's why he signed the power of attorney agreements for Epstein.
There's a lot we don't know yet.

[spooky3]

10. Also: fear of looking foolish? Fear that it

could affect your retail businesses or their stock prices?

[frazzled]

7. When your net worth is 4.6 billion

it's probably like someone stealing $250 from you or me (I don't know, I didn't do the math).

[Coventina]

11. Somehow I cannot drum up any sympathy....

[JI7]

15. maybe he was one of those that Epstein was blackmailing