Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Leon Black provided $ 50 million to Jeffrey Epstein after his conviction in 2008, a report says

Leon Black provided $ 50 million to Jeffrey Epstein after his conviction in 2008, a report says



Many of Jeffrey Epstein’s wealthiest clients left him after he was convicted of prostitution by a teenager in 2008. But New York Times has revealed a billionaire who remained loyal and provided Epstein with tens of millions of dollars in the years following his conviction. Wall Street financier Leon Black reportedly provided at least $ 50 million to Epstein between 2012 and 2017, although the figure could reach $ 75 million. The Times could not determine exactly what Black was paying for, but a Black spokeswoman said Epstein provided “personal trusts and property planning advice, as well as charity services for family offices and investment services.”

; The spokeswoman said Black was now “deeply sorry” for working with Epstein. The revelation helps shed some light on how Epstein left behind a mansion valued at more than $ 600 million when he died, even though large clients cut him off after his 2008 conviction.

Read it on New York Times


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