Les Wexner's Full Deposition on Jeffrey Epstein's Financial Deceit and Criminality

Deposition Overview

• 💡 Les Wexner testified before the House Committee on Oversight and Government Reform regarding his relationship with Jeffrey Epstein and Ghislaine Maxwell.
• 🎯 The deposition aimed to clarify Wexner's knowledge of Epstein's financial dealings, alleged theft, and criminal activities.

Relationship with Jeffrey Epstein

• 🔑 Wexner met Epstein through friends in the mid-1980s and hired him to manage his personal finances as a "family office manager."
• 🧠 He characterized Epstein as an "incredible con artist" and denied ever considering him a close friend, viewing him strictly as an employee.
• 💬 Wexner stated their conversations were predominantly business-focused, with no shared personal interests or social outings.

Financial Deception and Theft

• 💰 Epstein allegedly stole hundreds of millions of dollars from Wexner, primarily through trusts and stock sales, without Wexner's knowledge.
• ⚠️ Wexner expressed being "shocked" and "appalled" by the extent of the theft and Epstein's purported use of his funds for unauthorized payments, such as to Dr. Michael Landon.
• 🚀 He granted Epstein broad power of attorney due to his busy schedule, trusting him as a fiduciary.

Lack of Awareness of Criminality

• 🚫 Wexner consistently denied any prior knowledge of Epstein's sexual crimes, abuse, or trafficking of minors or women before public reports.
• 💡 He believed Epstein's blanket denials when confronted about early allegations, including Epstein falsely presenting himself as a Victoria's Secret talent scout.
• 🧠 Wexner stated he was "completely blind" to Epstein's true nature, attributing it to Epstein's skill as a deceptive con man.

Post-Discovery Actions

• ✅ Wexner immediately severed all ties with Epstein upon learning of his criminal activity and financial theft.
• ⚖️ He did not file charges against Epstein based on the advice of his advisors and did not recall any internal company investigations into Epstein's affiliation.
• 🎯 Wexner emphasized his desire to assist the committee in understanding Epstein's criminality, stating he would do "everything I can to nail that son of a bitch."