Retail billionaire Les Wexner says he was 'duped' by adviser Jeffrey Epstein: 'I was naive, foolish, and gullible' | Fortune
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Retail billionaire Les Wexner says he was 'duped' by adviser Jeffrey Epstein: 'I was naive, foolish, and gullible' | Fortune
"The billionaire behind the retail empire that once blanketed shopping malls with names such as Victoria's Secret and Abercrombie & Fitch told members of Congress on Wednesday that he was "duped by a world-class con man" - close financial adviser Jeffrey Epstein. Les Wexner also denied knowing about the late sex offender's crimes or participating in Epstein's abuse of girls and young women."
""I was naive, foolish, and gullible to put any trust in Jeffrey Epstein. He was a con man. And while I was conned, I have done nothing wrong and have nothing to hide," the 88-year-old retired founder of L Brands said in a statement submitted to the House Oversight Committee before an interview conducted at his vast central Ohio estate."
"Wexner described himself to the lawmakers as a philanthropist, community builder and grandfather who always strove "to live my life in an ethical manner in line with my moral compass," according to the statement. He said he was eager "to set the record straight" about his ties with Epstein. Their relation ended bitterly in 2007, after the Wexners discovered he'd been stealing from them."
Les Wexner, the retired founder of L Brands, told Congress he was duped by Jeffrey Epstein and denied knowledge of Epstein's crimes or participation in abuse. Wexner called Epstein a close financial adviser and said he had been naive, foolish, and gullible to trust him. Wexner described himself as a philanthropist, community builder, and grandfather who aimed to live ethically. The relationship ended bitterly in 2007 after the Wexners discovered Epstein had been stealing from them. Wexner was subpoenaed after Justice Department document releases, and some lawmakers expressed skepticism about his role in enabling Epstein.
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