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Wyden releases findings on financier’s ties to Jeffrey Epstein, asks Trump admin for docs
Key Excerpts from Article on Website of Yahoo News
Posted: April 1st, 2025
https://www.yahoo.com/news/wyden-releases-findings-financier...
Senator Ron Wyden (D-OR) is releasing new information on a financier’s ties to Jeffrey Epstein’s operations, the ranking member of the Senate Finance Committee announced. Since 2022, the committee has been investigating billionaire financier Leon Black — who co-founded and previously led asset management firm Apollo Global Management as CEO and has made payments to Epstein. Wyden is calling on the Department of Justice, the Treasury and the Federal Bureau of Investigation to “lift the veil” on financial support for Epstein. Wyden sent a letter to the federal agencies, providing the new findings from the committee’s investigation, which is looking into payments of at least $158 million from Black to Epstein for “purported tax and estate planning advice.” Wyden says the investigation led to new evidence through federal government records that show funds from Black to Epstein were used to finance Epstein’s sex trafficking operations. The Finance Committee also obtained a 2023 settlement agreement between Black and the Attorney General of the U.S. Virgin Islands. Under the $62 million settlement, Black gained immunity from criminal prosecution in the USVI for financially supporting Epstein, according to Wyden, noting the settlement acknowledges “Jeffrey Epstein used the money Black paid him to partially fund his operations.” A major U.S. bank waited seven years to report Black’s payments to Epstein to the Treasury Department.
Note: For more along these lines, read our concise summaries of news articles on financial system corruption and Jeffrey Epstein's child sex and blackmail ring.
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