A Senate Finance Committee investigation has revealed that billionaire Leon Black transferred $170 million to Jeffrey Epstein, contrary to prior reports suggesting $158 million. This discrepancy emerged due to an Apollo board investigation missing $12 million in transfers. Senator Ron Wyden criticized the lack of timely reporting regarding these transactions by the bank involved, highlighting concerns about financial regulation and oversight. Black's ties to Epstein have increasingly drawn scrutiny, particularly following Epstein's 2019 arrest for sex trafficking and subsequent death, prompting calls for further investigation from the Senate committee.
Sen. Ron Wyden highlighted in a letter that Leon Black's total payments to Jeffrey Epstein exceeded $170 million, bringing to light discrepancies in prior reports.
The Senate committee's investigation revealed that an Apollo board-commissioned probe overlooked $12 million in payments to Epstein, raising questions about oversight.
Wyden expressed concern over the bank's failure to report Black and Epstein transactions until years after they began, particularly after Epstein's arrest.
The ongoing scrutiny of Leon Black's financial dealings with Epstein emphasizes the problematic nature of their connection and potential regulatory oversights.
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